They Gave It All Away: The 1872 Mining Law with John Leshy

<p>"It is astonishing that this law has escaped fundamental change." John Leshy, author of The Mining Law: A Study in Perpetual Motion</p> <p>The 1872 Mining Law represents one of the most extraordinary give-a-ways of American assets in the history of our nation. It has been the target of reform and repeal almost from the very moment it was passed. No other nation on earth allows the mining industry to simply extract the public's wealth without paying. The cost of administering it- the legal process of giving away America's public lands and minerals- is astronomical. It has been used by grifters and scammers to privatize millions of acres of public land. It has resulted in an estimated 500,000 abandoned mines on public lands, $35 billion in cleanup costs, and over 10,000 miles of waterways forever impacted or ruined. Billions of dollars' worth of gold, silver, and other minerals are taken out each year – nobody even knows the extent, because there's no regulation to make them report th...