H.R.699 - Hardrock Mining and Reclamation Act of 2009 Sponsor: Nick Rahall / 111th Congress

Title
111th Congress - To modify the requirements applicable to locatable minerals on public domain lands, consistent with the principles of self-initiation of mining claims, and for other purposes. hidemore...
Summary
To modify the requirements applicable to locatable minerals on public domain lands, consistent with the principles of self-initiation of mining claims, and for other purposes. (by MAPLight.org)
Status
The bill has been introduced.

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It's about time... by Emily Derenthal, Feb 9, 2009 (10:43pm)

The law that currently dictates private mining companies’ use of public lands was passed in 1872. The Hardrock Mining and Reclamation Act of 2009 would give a much needed update to this law, including environmental and clean-up regulations, as well as establish financial compensation for the public land mining companies have been using freely for over 130 years. The bill calls for an 8 percent royalty for future mining on public lands, and 4 percent for current operations. Mining companies argue that in the current financial climate, they cannot afford to pay these royalties, nor can they afford to pay for clean-up and environmental precautions. They warn that imposing more financial obligations will result in pay cuts and lay-offs. This legislation is important because it demands accountability from the mining industry.

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