Salazar Calls For Reform Of 1872 Mining Law

Law360, New York (July 14, 2009, 12:00 AM EDT) -- The Mining Law of 1872 must be changed in a way that protects the environment and ensures a fair return to the American taxpayer, but does not force industry to flee overseas, Secretary of the Interior Ken Salazar told a U.S. Senate panel Tuesday.

Over the years, miners have extracted gold, uranium and other hard rock minerals without paying any royalties to the U.S. government, and have even acquired public land for as cheap as $2.50 to $5 an acre.

Thus far, every attempt at reform...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.