HR 761, the Critical and Strategic Minerals Production Act of 2013
Published: March 21, 2013
By: Jennifer Krill
From the testimony:
The authors and advocates of HR 761 – the mining industry lobby and its champions -- would have you believe that mining companies in the United States are stifled by the current regulatory system. They describe a country where mineral development is stymied by federal rules that divert companies to spend their mineral investment dollars elsewhere. But the mining lobby’s vision of a mining-hostile United States is pure fantasy.
In reality, hardrock mining companies in the United States enjoy subsidies and loopholes that create an extremely friendly regulatory environment for them.