mineral right


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mineral right

[′min·rəl ‚rīt]
(mining engineering)
References in periodicals archive ?
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.
acquired the mineral rights, including the oil, gas and coal.
Since acquiring these ownership rights late last year for approximately USD 300,000, a total of three wells have been drilled and completed on these mineral rights with additional wells currently in the permitting stage.
Mining Act 2010 makes substantial amendments to the law relating to the prospecting of minerals, mining, processing and dealing in minerals, the granting, renewal and termination of mineral rights, payment of royalty fees and other charges, and other relevant matters
Rhino had invested a total of $29 million in the project for mine, land and mineral rights development; company Vice President Scott Morris added that it may still retain a portion of Red Cliffs water rights and rights of way for railroad access.
But now, a lot are getting in touch with me regarding registration by the Crown Estate of mines and mineral rights on their land.
Most landowners sold their mineral rights decades ago to raise money during lean years of farming, Turner said.
These mineral rights blocks cover the core of the most prospective zone at La Higuera, on which two open pit mines are currently exploiting copper oxide ore and beneath which the Company believes there is substantial high grade copper sulphide mineralization.
TSX:GPD), an exploration company mandated to create a mid-tier gold producer, has increased its mineral rights holdings to more than 1,400,000 acres.
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.