Politics· States Newsroom

New Mexico US Rep. Leger Fernández’s bill would require mining companies to pay royalties

States Newsroom · October 29, 2026

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U.S. Rep. Teresa Leger Fernández (D-N.M.) on Thursday announced legislation that would require companies extracting hardrock minerals like gold, silver and uranium to pay up to 10% in royalties, as well as crack down on foreign adversaries’ extraction of valuable minerals from the United States. In announcing the…

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