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 ?
The Department of Mineral Resources and Energy (DMRE) has approved mining rights worth R4 billion for Orion Minerals."The DMRE has approved a mining right for Orion Minerals, paving the way for the development of a R4 billion copper-zinc project in the Northern Cape," said the DMRE on Thursday.
Now it owns the mining rights of 'WAU Gold Mine' (ML289-291), and the mining right will be renewed by priority until July 2025.
ENPNewswire-August 15, 2019--Kibo Energy PLC - Seven Mining Rights Granted for Mbeya Coal to Power Project
(Alliance News) - Kibo Energy PLC on Thursday confirmed it has received seven new mining rights for the Mbeya coal to power project in Tanzania.
This decision upheld an appeal from Taroko residents and goes against a Ministry of Economic Affairs (MOEA) decision to grant a 20-year extension of mining rights. The court held this violated the Indigenous Peoples Basic Law.
(Wuzhou Xing Jian), had successfully obtained mining rights from the municipal land authority of Cangwu County in the Peoples Republic of China for the mining of limestone for 9.5 years for an aggregate consideration of RMB5.05 million (the Mining Rights).
Cemtech Company was allegedly granted mining rights to limestone deposits at Sebit, where a cement factory is to be set up.
Mining rights were also given in violation of NGT orders.
PolyMet owns property, surface mining rights and other "use and occupancy rights" to 19,000 acres of land in northern Minnesota, according to the company's website.
Under the contract, Albemarle had to provide up to 25% of its annual production at a discount to companies seeking to produce battery metals within Chile, but Corfo, Chile's state development agency which leases mining rights to Albemarle in Salar de Atacama, says the miner failed to make a "serious" offer to the companies, violating the terms of the contract.
And preliminarily, they told me that they have actually fined the owner of the mining rights repeatedly, and that these fines have not been paid; I am not sure if the fines are sufficient,' he said.
into shares, a move meant to own up to 100 percent of mining rights. In its disclosure to the Philippine Stock Exchange, the company said it may own all of the mining rights on Pyramid Hill Mining Industrial Corp.

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