Monday, May 09, 2011

Competitive leasing for uranium on federal lands?

The latest Government Affairs report from the American Geological Institute offers this updates:

Representatives Ben Ray Lujan (D-NM) and Martin Heinrich (D-NM) introduced the Uranium Resources Stewardship Act (H.R. 1452) to manage uranium mining on federal lands through a competitive leasing program and to impose a 12.5 percent royalty on uranium. Under current law, the General Mining Act of 1872, companies do not pay royalties for minerals taken from public lands. Advocates for the bill say companies are not paying for cleanup and reclamation costs. Mining companies are opposed to any new measure that requires added fees. Senator Jeff Bingaman (D-NM) introduced similar legislation in 2009, but the bill did not advance in the Senate.

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