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Mining law reforms eyed

Posted By Tom Jackson On July 15, 2009 @ 3:25 pm In Construction News | No Comments

One of the least publicized reforms being scrutinized in Congress this session is the possibility of drastically rewriting the 1872 Mining Law [1]. The law is an anachronism that doesn’t require clean up of old or abandoned mines and lets foriegn mining companies dig on federal land without paying a dime in royalties. So reform is needed. I only fear that this Congress, which to harken back to an old phrase, could screw up an anvil, might actually make the law worse.

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[1] rewriting the 1872 Mining Law: http://www.mineweb.co.za/mineweb/view/mineweb/en/page72068?oid=86269&sn=Detail

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