By Howard Riell
Nevada Business
The state, and hence the future, of Nevada’s mining industry may hinge less on what legislators and Nevadans think of Senate Joint Resolution 15 (SJR15), which would remove the mining industry’s 5% tax cap on net proceeds from the Nevada Constitution, and more on how they perceive the mining industry in general: a bunch of dirty guys with pick axes.
The debate over tax policy vis-à-vis mining continues to rage, and as gold prices have dipped, the issue has grown even hotter.
So, where does that leave things? According to Nevada Mining Association President Tim Crowley, the state of the mining industry in Nevada is not bad. “We’re a business that has grown over the years,” he said. “We are diverse. We are putting people into some of the best jobs in the state. We have grown the economy by investing over a billion dollars a year over the last several years in new developments and new exploration. We are working with more and more Nevada-based businesses.”