Could Gold Make Money For The Federal Government?

Some lawmakers are looking at the mining industry's profits and are interested in a piece. The government collects royalties from fossil fuels extracted from federal lands and waters but it doesn't reap any profit from metals mined in the same areas. A 140-year-old law prohibits the government from collecting royalties on mining. Two Democrat senators, Arizona's Raul Grijalva and New Mexico's Tom Udall said they will press for a repeal.