Contact Us

Billions Worth in Possible Mine Royalties to Feds

SAN FRANCISCO (AP) — Congressional auditors say the U.S. government reaps billions of dollars in royalties annually from fossil fuels extracted from federal lands and waters, yet it does not collect any money from gold, uranium or other metals mined from these same places. A Government Accountability Office report released Wednesday found the federal government doesn’t know how much these hard rock mines produce from public lands in the 12 western states where most mining occurs.

There is no federal law requiring companies to disclose how much those mines produce. Two lawmakers hope public concerns over the economy will reinvigorate a movement to reform the General Mining Act of 1872, which exempted mining companies from paying royalties. The mining industry says it already pays billions in taxes from mines on state and private lands.

More From News Radio 1310 KLIX

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newsradio1310.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on News Radio 1310 KLIX quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on News Radio 1310 KLIX quickly by logging in with your Facebook account. It's just as secure, and no password to remember!