THOUGH THE GENERAL MINING LAW OF 1872 may not be the oldest law on the books, it has resisted change for more than a century, as the grizzled prospector with a pack mule has evolved into a billion-dollar, multinational corporation boring into mountains for precious minerals. Yet critics of the law-which was designed to promote exploration of public lands-hope finally to force it into the 21st century through a far-reaching reform bill in Congress.

Today, hard-rock mining still evokes the romance of gold rushes in the 1800s that helped to settle the West, build new towns and create new businesses.

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