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The Mineral Leasing Act of 1920 30 U.S.C. § 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to phosphates, sodium, sulfur, and potassium in the United States.
Lease terms typically include a price to be paid to the mineral rights owner for the minerals to be extracted, and a set of circumstances under which those minerals are to be extracted. For instance, a mineral rights owner might request that the company minimize any noise and light pollution when extracting the minerals.
Oil and gas producing companies do not always own the land they drill on. Often, the company (the lessee) leases the mineral rights from the owner (the lessor). Major points in a lease include the description of the property, the term (duration), and the payments to the lessor. [6]
Consequently, so-called mining leases, which allow the lessee to mine for and keep minerals, are not true leases. [1]: 907 Nor is a contract allowing a person to cut timber on a farm, unless the trees are self-generating. [1]: 907 See Drymiotis v Du Toit [6] and Business Aviation Corporation v Rand Airport Holdings.
the Mineral Materials Act of 1947, 30 U.S.C. § 601, et. seq., [30] which provides for the sale or public giveaway of certain minerals, such as sand or gravel; the Multiple Mineral Use Act of 1954 (Multiple Mineral Development Act), 30 U.S.C. Ch. 12, [31] which provided for the development of multiple minerals on the same tracts of public land;
Mineral Leasing Act of 1920; Mineral rights; Minerals and Mining Law; Mines (Prohibition of Child Labour Underground) Act 1900;
The central legal standard is the Federal Mining Act (Bundesberggesetz). In Austria the legal basis is quite similar to German law. The primary legislation since 1 January 1999 has been the Mineral Raw Material Act (Mineralrohstoffgesetz) or MinroG. In Switzerland mining law is a cantonal business and governed by cantonal law.
The Pakistan Mineral Development Corporation (PMDC) (Urdu: ہیَت پاکستان برائے معدنی ترقی) is a semi-autonomous corporation attached to the Ministry of Petroleum and Natural Resources, of the Government of Pakistan.