This article reports on HR 699, the Hardrock Mining and Reclamation Act of 2009, introduced by Congressman Nick Rahall and co-sponsored by a number of Democratic Congresspeople. In the view of the writer, this bill would have a devastating effect on the industry–especially the smaller miners. (The publication in which the article appears seems to be oriented toward a readership of small miners.)
Anyone here in the mining industry, or follow the mining industry closely? Any reactions to this proposed legislation?
Maybe it’s not as bad as the writer suggests…OTOH, in view of the disastrous Consumer Product Safety Improvement Act, it would not be wise to put too much faith in the collective judgment and common sense of this Congress.