An Outdated Mining Subsidy :The U.S. General Mining Law of 1872
Some people have become wealthy by using the little known U.S. General Mining Law of 1872.
It was designed to encourage mineral exploration and the mining of hard rock
minerals--such as gold, silver, copper, and uranium--on public lands and to help
develop the western territories.
Under this law, a person or corporation can file a mining claim or assume legal
ownership of parcels of land on essentially all U.S. public land except national
parks and wilderness.
You must then pay $120 per year for each 8-hectare (20-acre) parcel of land
used to maintain the claim, whether or not a mine is in operation.