mineral rights


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mineral rights

The right to take things beneath the soil. One may sell land and mineral rights separately from each other,which works a severance of the interests.In some states,sand,gravel,and clay are not considered minerals, even if they exist below the surface. One frequently contentious issue is whether a grant of mineral rights includes the ability to take them by strip mining or other open-air operations,such as quarrying.(The answer differs from state to state and also depends on the precise language of the deed.)

References in periodicals archive ?
Bristol Bay Native Corporation owns the subsurface mineral rights; Millrock has an exploration agreement with an option to lease the mineral rights.
According to the Plaid Cymru AM, he has now received official confirmation that all the notices informing residents of mineral rights on their land have now been cancelled.
One fact is crucial in understanding the anger toward the drilling that is pervasive among Glasscock County's 1,251 residents: Most cotton farmers here do not own the mineral rights for the land that they farm.
Confusingly, owners of mines and mineral rights can continue to apply to register if they want, but they do not have to and this won't affect their ownership.
BOISE, Idaho, June 4, 2013 /PRNewswire/ -- Blaze Energy (Pink Sheets: BLZE) today announced that it has acquired approximately 43,746 acres of subsurface coal, coalbed methane (CBM), and other mineral rights under enriched acreage in West Virginia, along with an existing CBM gas lease with Consol Energy's subsidiary, CNX Gas Company.
Azul , or the Company ) (TSX Venture Exchange AZL) is pleased to announce that it has signed amendments with three more mineral rights owners on the La Higuera project, in addition to the acquisition announced on November 9, 2012.
If favourable, the action will designate mineral rights to the Crown which in turn would enable Canada to issue a mineral lease to Muskowekwan Resources Ltd.
ABSENTEE OWNER: Leased mineral rights on 650 acres, ownership of 182 acres of mineral rights.
amp;nbsp;South African farmers who lost their privately-owned mineral rights when a new mining act came into effect in 2004 can claim for financial losses, farmers' group Agri SA said following a court ruling.
They also hope to purchase mineral rights in key areas of the Allegheny Forest to prevent drilling in ecologically sensitive areas.
Under certain circumstances, a mineral rights owner can renegotiate for better terms.
One color of natural gas usually is blue, but for nonprofits in and around Fort Worth, Texas, the color is green as they cash in on mineral rights to the tune of millions of dollars.