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The requirements in this bill will financially break most small to medium size domestic mining companies operating on federal lands. Mom and Pop operations will all close due to the tremendous costs proposed. Minorities in small western towns will be devastated. This act will leave only the largest international mining corporations able to mine on federal lands in the U.S. They will then control the markets much as the oil corporations and cartels do on oil products.
The U.S. economy will be harmed by this bill and the american public will lose their minerals to global cartels that will get the best prices from China,Indonesia, India and other overseas buyers.
This act if passed will destroy Americas last heavy industry.
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