United States miners all should be paying close attention to a bill passed this week by Congress. I refer to Bill HR 4402. It is now up to the Senate and President to decide its fate. A Democrat-controlled Senate may sit on it and do nothing—that is unacceptable. The White House has stated that is opposes the bill; but has not threatened a veto. How could it? (more…)
Posts Tagged ‘hr 4402’
HR 4402. The Future of US Mining Is Now With the Senate and White House
Posted in About the news, Investing & Finance, Law (Mining), mining, North America, tagged Alaska, bokan mine, critical minerals, house, hr 4402, mining, NEPA, Obama, Pebble Mine, romney, white on July 14, 2012 | 1 Comment »
HR 4402 Passes With Democratic Support. Could It Really Get Easier to Mine in the USA?
Posted in Law (Mining), North America, tagged hr 4402, jamie caswell, national Mining Association, nma on July 13, 2012 | Leave a Comment »
Madrid, Spain Mining Riots for Coal Subsidies
Posted in About the news, Coal, Europe, tagged coal mine, hr 4402, madid, Spain, srike on July 11, 2012 | 1 Comment »

While the United States Congress debates HR4402, a bill which would make it easier and cheaper to mine in the United States, Spanish coal miners are protesting cuts by the Spanish government in subsidies to unprofitable coal mines. These two seemingly unlinked news stories, highlight the tricky question of to what extent a government should go to nurture a home-grown mining industry when it is cheaper to mine elsewhere. First some details of the Spanish situation from this report: (more…)

