While I truly hate politics and politicians, this has got my goat...
Anybody been keeping up with the scrub-land for Oak Flat
land exchange between Resolution Copper and the US Government?
Namely: H.R. 687 - Southeast Arizona Land Exchange and Conservation Act
There may be a Land Exchange
taking place but I don't believe Conservation
has anything to do with it. Maybe conservation of $$ for Resolution Copper, or more accurately, Rio Tinto and BHP Billiton, two of the largest mining companies in the world (English & Australian), who just happen to be partnering with an up-and-coming Chinese mining company.
Between the billions of gallons of water necessary for this type of mining along with the monstrous hole in the ground that will eventually form when the 7,000-foot deep 'cave' collapses in 25-30 years, I may be dead and gone by the (and possibly so will the legislators who vote for it) but I don't believe it's a good thing.
If interested, you can read the whole bill here: (all two pages of it so I would hope it is a summary
Check out all the vague language in the document...
"Enacting the legislation could increase offsetting receipts..."
What? Vote on the unknown, sounds like a good idea? NOT!
"If the property sought by Resolution Copper is appraised at more than the appraised value of the property that the company offers for exchange, the company could donate additional land or make a cash payment to the United States."
COULD?! This should read MUST!
If the company’s property is appraised for more than the federal acreage, the difference in the value would be considered a donate to the federal government"
What?! So they can write more off their taxes?? Oh wait... And further what taxes will come to the US and Arizona out of it anyway? The employee's?
"In addition, after completion of the exchange, Resolution Copper would have to pay the federal government a portion of any future income earned on the former federal property if the company determines that the actual cumulative production of minerals located on that property exceeds the value of the estimated production used in the original appraisal process."
Again, shouldn't the US Government or an independent organization make this determination and NOT the company who will benefit if (when) they understate the value?
"Therefore, we cannot determine whether the company would make a payment or estimate the size of any such payment."
So much for having valid information to make an informed decision to vote for against this bill.
While Senator McCain visited the current mine and got the two-bit propaganda tour, what he needs to do is go look at the scrub-land that Resolution wants to trade for Oak Flat. From what I've seen of it it isn't fit for recreation anything like the Oak Flat area.
Oh well, if it gets passed then in 25-30 years maybe the monstrous hole in the ground that forms could be called the Gosar/Flake/McCain Meteor Crater... after all, we Arizonans won't know what hit us until too late.