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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.
The Indian Mineral Leasing Act (IMLA) was a 1938 United States law. It was passed May 11, 1938 by the 75th United States Congress. [1]The Act made it so that after May 11, 1938, unallotted lands within Indian reservations or lands owned by Native Americans under Federal jurisdiction could, with the approval of the Secretary of the Interior, be leased for mining purposes by the authority of the ...
Major points in a lease include the description of the property, the term (duration), and the payments to the lessor. [6] Lessees of mineral rights have a right of reasonable access to leased land to explore, develop, and transport minerals, [7] unless the lease specifies otherwise (a "no-surface access" lease).
A Landman or "Petroleum Landman"—in the United States and Canada—is an individual who performs various services for oil and gas exploration companies. [1] According to the website of the American Association of Professional Landmen (AAPL), these services include but are not limited to: negotiating for the acquisition or divestiture of mineral rights; negotiating business agreements that ...
The Mines and Minerals (Regulation and Development) Act (1957) is an Act of the Parliament of India enacted to regulate the mining sector in India. It was amended in 2015 and 2016. This act forms the basic framework of mining regulation in India. [1] This act is applicable to all minerals except minor minerals and atomic minerals.
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.
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