From the Associated Press via The Denver Post:
The Colorado Democrat said Thursday that he’s joining Sen. Jeff Bingaman, D-N.M., to reform rules covering the mining of gold, copper, uranium and other minerals. The bill would assess royalties on hard-rock mining on public land for the first time at rates of 2 percent to 5 percent. The proposal also would eliminate the ability to buy public land for mining for as little as $2.50 an acre. It would require reviewing whether some public land should be off-limits to development.
More S. 796 coverage here.