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I finally had the chance to do a little research on Kamala Harris and gold mining. Joe Biden has said he will only serve one term if elected and many people think he won't last that long, so Harris' views and actions regarding mining should be a very important consideration to those of us who like to have access to public lands and the ability to mine -- whether it be large operations or small. 
I found an article titled Senators Call for Hearing on Hardrock Mining and Reclamation Act in which "Senators Dianne Feinstein (D-Calif.), Tom Udall (D-N.M.), Martin Heinrich (D-N.M.), Michael Bennet (D-Colo.), Ron Wyden (D-Ore.), Jeffrey Merkley (D-Ore.), Kamala Harris (D-Calif.), Cory Booker (D-N.J.) and Edward Markey (D-Mass.) wrote to the Energy and Natural Resources Committee leadership requesting a hearing on the Hardrock Mining and Reclamation Act to provide a forum for states, environmental groups, and industry to discuss mining reform.

"The bill requires companies to pay royalties for the first time for the ability to extract mineral resources like gold, silver, and copper from public lands..."

Read on! https://www.feinstein.senate.gov/public/index.cfm/press-releases?ID=E0A06230-3193-419F-85C1-EBA20D0059C0

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Without doing any research and just based solely on what you are trying to exclaim....

What's wrong with that???  :89:

It's not private land, it's public landWe 'own' it.  Shouldn't we be compensated in some way when a corporation extracts our minerals for sale on the open market?

Is there a more sinister plan here?

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Here's the first few paragraphs of your link.

 

The bill requires companies to pay royalties for the first time for the ability to extract mineral resources like gold, silver, and copper from public lands, helps ensure that taxpayers aren’t on the hook for cleaning up abandoned mines, and seeks to prevent another toxic spill like the Gold King Mine disaster of 2015.

“Mining companies, both foreign and domestic, are governed today by a law that has changed little since the actual California Gold Rush that gave rise to the Act in the first place,” wrote the senators. “Today, this Civil War-era statute gives individuals and corporations the authority to extract minerals from public lands without owing anything in royalties to the federal government—unlike any other industry, including coal, oil, and gas.” 

“We respectfully request that the Senate Energy and Natural Resources Committee consider a hearing for this important and long-overdue bill,” wrote the senators.

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Many jobs will be lost and that is a FACT!!! For us claim owners, how about we give away half of what we find on our claims since it is PUBLIC land!! If you dont work in the mining industry, you have no clue what expenses these mining companies pay. Just because gold is $1950 an ounce, does not mean thats what they are rolling in. They dont bring in money hand over fist like most think. Out of that $1950, it costs us $1180 dollars to produce 1 ounce. Thats a whopping $770 bucks an ounce profit. Leaves ALOT left for royalties doesn't it??? Sheeeeessshhh!!

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They pay royalties to extract oil. Why not minerals? 

They pay royalties to the State. To private owners. Why not to the people?

Public Land belongs to the people. Corporations who intend to tear it up for a profit should pay for it. 

Why would anyone be against royalties to extract resources from public land? If the land is profitable the people deserve their cut. It's their land.

If a business can't turn a profit unless they don't pay for the use of the land then the business is not viable. That right there is Capitalism. Not socialism.

 

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5 minutes ago, nugget108 said:

Many jobs will be lost and that is a FACT!!! For us claim owners, how about we give away half of what we find on our claims since it is PUBLIC land!! If you dont work in the mining industry, you have no clue what expenses these mining companies pay. Just because gold is $1950 an ounce, does not mean thats what they are rolling in. They dont bring in money hand over fist like most think. Out of that $1950, it costs us $1180 dollars to produce 1 ounce. Thats a whopping $770 bucks an ounce profit. Leaves ALOT left for royalties doesn't it??? Sheeeeessshhh!!

If these companies can't do good business with an almost 40% profit then I don't know what to tell you.  :idunno:

Do you get any of that profit in your check, or is payroll wrapped up in the costs?  Who gets the profits and are they paying taxes?

I'm sure there could be a provision for a 'Small miners waiver' since many small miners are not corporations.  The point of the bill is to go after the big money so you don't have to carry so much burden with your personal income taxes.

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12 minutes ago, Bedrock Bob said:

In the words of Ivanka Trump, "Just find something new". Problem solved!

Actually, that was Obama. He told auto workers to learn how to code.

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5 minutes ago, Dakota Slim said:

Actually, that was Obama. He told auto workers to learn how to code.

Was that after he helped save the Auto Industry?

https://www.politifact.com/article/2012/sep/06/did-obama-save-us-automobile-industry/

It's still good advice.  :)

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9 minutes ago, Dakota Slim said:

Actually, that was Obama. He told auto workers to learn how to code.

Actually you are wrong. It was Ivanka Trump. She was speaking to the millions of people who lost their jobs because of the pandemic.

She looks a lot like Obama so I can understand where you might be confused. But it was definitely Ivanka Trump that said this.

When Obama suggested auto workers learn coding it was good advice. Coal miners should learn to code today for the exact same reason. Maybe gold miners too huh?

Maybe Trump should develop a plan to train displaced workers like Obama did. I would support a plan like that. He could use royalties from extraction on public lands to pay for it. 

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20 minutes ago, LukeJ said:

If these companies can't do good business with an almost 40% profit then I don't know what to tell you.  :idunno:

Do you get any of that profit in your check, or is payroll wrapped up in the costs?  Who gets the profits and are they paying taxes?

I'm sure there could be a provision for a 'Small miners waiver' since many small miners are not corporations.  The point of the bill is to go after the big money so you don't have to carry so much burden with your personal income taxes.

Yeah payroll is part of it. So compare it to the casinos guys. They tax the hell out of them and look what the employees make for wages!! The poor people can barely support their families. And yes there are taxes paid by the mining companies, and BLM fees, state and county fees that are astronomical and reclamation costs. The list goes on and on. They also donate millions each year to the surrounding communities for parks, schools and recreation areas. So i would say yeah, they get to pay a pretty penny to stay in business. Throw royalties on top of that and all of that goes away. So yeah im a little passionate about this subject, especially to people who dont have a clue about the industry. And when i say that, i mean people in Congress and higher who think the profits for mining are absolutely huge.

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3 minutes ago, nugget108 said:

Yeah payroll is part of it. So compare it to the casinos guys. They tax the hell out of them and look what the employees make for wages!! The poor people can barely support their families. And yes there are taxes paid by the mining companies, and BLM fees, state and county fees that are astronomical and reclamation costs. The list goes on and on. They also donate millions each year to the surrounding communities for parks, schools and recreation areas. So i would say yeah, they get to pay a pretty penny to stay in business. Throw royalties on top of that and all of that goes away. So yeah im a little passionate about this subject, especially to people who dont have a clue about the industry. And when i say that, i mean people in Congress and higher who think the profits for mining are absolutely huge.

I don't think Congress thinks profits are too high for corporations. I think they think the price is to low on public land. 

Yes, corporations do a lot of greasing the wheels. They do favors. They politic. They do things in their community. But too often they dont pay their fair share. In royalties or taxes. 

I think there is a fair and equitable solution to corporation's use of public resources. And I think many corporations (not just mining) are being allowed to take advantage. If everyone had to pay their fair share like the working man has to we would not be in the situation we are today. 

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5 minutes ago, nugget108 said:

They tax the hell out of them and look what the employees make for wages!! The poor people can barely support their families.

How much are the CEOs making?

I read something the other day that said when corporations first became a 'thing', CEOs were paid about 50 times what the average worker was paid.  Everyone thought that was 'fair' at the time.  Now, CEO's make on average between 100-500 times what their average worker makes.

If employees of these corporations were paid more then that would be great.  It would also mean a higher yearly income tax revenue which will make it easier for us to continue to prop up capitalism.

I understand why you are passionate and I'm not against you.

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22 minutes ago, Bedrock Bob said:

Actually you are wrong. It was Ivanka Trump. She was speaking to the millions of people who lost their jobs because of the pandemic.

She looks a lot like Obama so I can understand where you might be confused. But it was definitely Ivanka Trump that said this.

When Obama suggested auto workers learn coding it was good advice. Coal miners should learn to code today for the exact same reason. Maybe gold miners too huh?

Maybe Trump should develop a plan to train displaced workers like Obama did. I would support a plan like that. He could use royalties from extraction on public lands to pay for it. 

 

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The GOP can splice together all the clips they want.  The record speaks for itself.

Who was president before Obama?  It takes time to turn things around which is something our current president doesn't understand.  Most likely because he didn't create the economy that has now been wrecked.

Unless you're in California, there's probably some more straws around here if you want to keep grasping.

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I have to thank you Slim for posting this video.  I sure miss having someone who can speak in complete sentences and stay on subject.  Notice how he was honest, even when his answer was difficult for the worker to hear.  That's called integrity.

I thought it was interesting how the gentleman who asked the question worked at the Carrier plant.  It seems that particular plant had a little to do with the last election.

 

https://www.marketwatch.com/story/carrier-plant-in-indiana-that-played-role-in-trump-election-sheds-another-200-workers-2018-01-11

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8 minutes ago, LukeJ said:

 

I have to thank you Slim for posting this video.  I sure miss having someone who can speak in complete sentences and stay on subject.  Notice how he was honest, even when his answer was difficult for the worker to hear.  That's called integrity.

I thought it was interesting how the gentleman who asked the question worked at the Carrier plant.  It seems that particular plant had a little to do with the last election.

 

https://www.marketwatch.com/story/carrier-plant-in-indiana-that-played-role-in-trump-election-sheds-another-200-workers-2018-01-11

Haha is there an honest politician Luke?? Had to hit you with that one, sorry.

As far as the mining CEO's, hell yeah they make a lot of money. Its just like anything, that position is available for anyone to take right. Its not their fault they got the education and things needed to become a CEO of a big mining company. Put in the leg work and time, and you or i can be anything we want. Thats America!! I chose my path to be a miner and it has made mine and my family's life very enjoyable. Anybody can do it, you just have to apply!! Like i said, if you are not in the industry and are an outsider looking in, im sorry but you have no clue what really goes on and what they pay. As far as the royalties go, i would rather keep my job thanks. Im not into someone else busting their butts and me benefiting from it. Apparently we dont all see eye to eye on this so ill just cut my comments off right here. If you ever get a chance, be a miner, you would like what it does for your family and surrounding communities. 

See ya guys!!

Miner Dan

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I’ve got a gut feeling that the govt is making a lot more than $165 per year per 20 acres off an active mining claim where lots of gold is actually being produced.  I also feel that it would be a good idea to get more off a producing claim, but I bet they already do.  With this royalty, I doubt any of those other fees would go away.

 

I started to look into what it would take to get large equipment to operate a claim, and I ended up with a spreadsheet that had some of the costs.  It included a fee to make roads for the equipment to go down and when I saw that those costs would be close to $15k for that, I gave up.  I’m sure someone here has actual experience with posing bonds and how much they have gotten back and what other fees are.

 

AZ is the biggest copper producer in the US, and I really don’t think those large operational mines are getting away with just a claim fee of $165 per 20 acres per year.  I bet they have taxes galore they’re paying.  In one of our counties, the mine employs most of the people.

Edited by chrisski
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1 hour ago, nugget108 said:

Haha is there an honest politician Luke?? Had to hit you with that one, sorry.

As far as the mining CEO's, hell yeah they make a lot of money. Its just like anything, that position is available for anyone to take right. Its not their fault they got the education and things needed to become a CEO of a big mining company. Put in the leg work and time, and you or i can be anything we want. Thats America!! I chose my path to be a miner and it has made mine and my family's life very enjoyable. Anybody can do it, you just have to apply!! Like i said, if you are not in the industry and are an outsider looking in, im sorry but you have no clue what really goes on and what they pay. As far as the royalties go, i would rather keep my job thanks. Im not into someone else busting their butts and me benefiting from it. Apparently we dont all see eye to eye on this so ill just cut my comments off right here. If you ever get a chance, be a miner, you would like what it does for your family and surrounding communities. 

See ya guys!!

Miner Dan

How about a guy who claims to not be a politician but uses all the dirtiest tricks in the book.  Is he honest enough for you?

Why would I become a miner?  I'd have to move away from my hometown and make all new friends.  Plus, I'd rather stick with turning the metal you mine into useful objects that enable every industry on the planet.  Thanks.

Machinist Luke

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It's funny miners and machinists.....   kinda like the chicken and the egg.

I need your mined metals to make the tools you use to do your job.  Unless you want to dig with your hands and walk everywhere.

We aren't as different as you want us to be.

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4 hours ago, chrisski said:

AZ is the biggest copper producer in the US, and I really don’t think those large operational mines are getting away with just a claim fee of $165 per 20 acres per year.  I bet they have taxes galore they’re paying.  In one of our counties, the mine employs most of the people.

Here's a list of companies that didn't pay Federal Income Taxes in 2018.

http://nbr.com/2019/12/16/these-91-companies-paid-no-federal-taxes-in-2018/

Freeport McMoRan is on the list.

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39 minutes ago, LukeJ said:

Here's a list of companies that didn't pay Federal Income Taxes in 2018.

http://nbr.com/2019/12/16/these-91-companies-paid-no-federal-taxes-in-2018/

Freeport McMoRan is on the list.

They don't clean up their toxic mess when it leaches onto private property either.  We have a big lawsuit here where they have ruined dozens of private wells and devalued property. Much of it owned by their employees. They spent more on legal fees to keep from having to pay for the wells and property than it would have cost to make it right.

I used to work for that outfit. It is a shitshow. They are all about telling you how to vote and how to live. If you don't conform they will push you out. They are often the only decent paying job in Grant County so their employees put up with whatever they dictate. They have so much power and do so many favors they are above the law. And they have meddled in dirty politics in this State until they just about write the laws themselves.

The only taxes they pay are what they take out of your check. And they will stop writing those checks if you don't conform. Then their employees get rough in town and bully everyone that speaks out about them. They are worse than the cartel gangs around here and a lot more powerful. Violent too.

That outfit has cost the New Mexico taxpayer millions. And they keep Grant County poor and on a short leash. Not to mention the environmental and social problems they sweep under the rug.

Just my opinion from my personal experience living and working in copper country all my life. Your results may vary.

I want my royalties.

Public Land Owner Bob

 

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There are some interesting comments here. How much should the royalty be on an ounce of gold? How would the government keep track of all the people who are out there looking for those elusive flakes and nuggets? What would the penalty be for not reporting a find and paying the royalty?

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