Controversy Over Royalties
Many of Nevada's gold mines are located on public land, but the mining companies pay no royalties to the US government. Fighting efforts to have the gold mining industry pay royalties for mining on public land, the local community commission in Elko County, Nevada said that royalties would force mining companies to cut jobs and move elsewhere. In response, Senator Russ Feingold (D-WI) said the no royalty program is a “rip-off and doesn’t make sense any more,” and if it was changed, “could provide $300 to 400 million in revenue to the US government.“
Read more about this topic: Gold Mining In Nevada
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