Notable Quotes
"NG could be quite rewarding to a patient resource investor." (2/6/12) NovaGold Resources Inc. - The Gold Report Interview with Byron King More >
"RV has multiple catalysts from a diversified asset base." (2/3/12) Revolution Resources Corp. - The Gold Report Interview with Joe Mazumdar More >
"Tests indicated NGC's jumbo flake is superior to Chinese graphite." (2/2/12) Northern Graphite Corporation - Morning Coffee More >
"LMA has a strong growth profile." (2/1/12) La Mancha Resources Inc. - Nicholas Campbell, Canaccord Genuity More >
"SVL is in a position to power much higher." (2/1/12) SilverCrest Mines Inc. - Clive Maund, Clive Maund gold, silver, & oil shares More >
"CNL continue to return robust average gold grades." (2/2/12) Continental Gold Ltd. - Jamie Spratt, Clarus Securities More >
"It is a critical year for ORV." (2/3/12) Orvana Minerals Corp. - The Gold Report Interview with Joe Mazumdar More >
"LMA has released excellent exploration drill results from two properties." (2/1/12) La Mancha Resources Inc. - Adam Lucas, Ocean Equities More >
U.S. BLM Hikes Mining Claim Fees Again Based on CPI
Source: Mineweb, Dorothy Kosich (6/30/09)
"As the CPI ascends, so do BLM increases on public land mining claim fees."
The Bureau of Land Management Monday published a notice in the Federal Register increasing fees for the staking and maintenance of unpatented mining claims, mill sites, and tunnel sites on U.S. public lands.
The location fee will increase from $30 to $34, while the maintenance fee will increase from $125 to $140 for such unpatented claims. The adjusted fees are due on or before September 1, 2009.
Mining claimants must pay the new location fee for any mining claim or site located after the effective date of the final rule, which was Monday, June 29, 2009. Those who have already paid their maintenance fees for the 2010 year will be given "an opportunity" to pay the fee increase without penalty upon notice from the agency.
The total amount of fees collected, including the effects of the adjustment, is estimated to be $61 million annually, of which $7 million is attributable to the increases made in the new BLM rule published in the federal register.
The BLM administers 700 million acres of sub-surface mineral lands throughout the U.S., primarily in the West.







