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Biden Seeks Mining Law Reform to Compel Extraction Firms to Pay Royalties for Gold, Copper

The Biden-Harris administration is seeking mining law reforms that would require mining companies to pay royalties for extracting minerals from U.S.-owned lands. Led by the U.S. Interior Department, the administration is calling for changes to a century-and-a-half-year-old mining law that governs the mining of gold, copper and other hardrock minerals.

These changes include levying royalties on mining companies based on the minerals they extract, a first in the U.S. mining industry; creating a mine leasing system; and…

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NOTE TO INVESTORS: The latest news and updates relating to Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) are available in the company’s newsroom at https://ibn.fm/AZMCF

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