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Old Mining Law Under New Scrutiny

Law360 (October 3, 2007, 12:00 AM EDT) -- Under the Mining Law of 1872, which remains largely on the books, miners can extract gold, uranium and other hard-rock minerals without paying any royalties to the U.S. government. That may soon change, however, as lawmakers have begun pushing for new legislation that would put the hard-rock mining industry on similar terms as the coal, oil and natural gas industries.

This year, the House of Representatives has held four hearings and the Senate has held one hearing examining the law, which gives away minerals royalty-free and...
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