Gold mining in Nevada - Wikipedia, the free encyclopedia - http://en.wikipedia.org/wiki...
Oct 14, 2014
from
"Gold mining in Nevada, a state of the United States, is a major industry, and one of the largest sources of gold in the world. Nevada currently mines 79% of all the gold in the United States, which is equivalent to 5,640,000 troy ounces (175 t) in 2009"
- Amit Patel
"Unlike coal and oil extraction, where mining companies pay royalties for minerals obtained from public lands, gold mining companies do not pay any royalties for deposits claimed on federal public lands. This is because gold mines on public land operate under the General Mining Act of 1872."
- Amit Patel
"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."
- Amit Patel
What?! Where are you going to "move jobs" … somewhere without gold??
- Amit Patel
FUD needs no reason.
- Todd Hoff