43 CFR 3581.4-2: -2 Rate of royalty; investment determined.
Where this section sits in the code
- Title 43—Public Lands: Interior
- Subtitle B—Regulations Relating to Public Lands
- CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER C—MINERALS MANAGEMENT (3000)
- PART 3580—SPECIAL LEASING AREAS
- Subpart 3581—Gold, Silver, or Quicksilver in Confirmed Private Land Grants
If the authorized officer finds the application sufficient to authorize the issuance of a lease, he/she shall establish a rate of royalty of not less than 5 percent or more than 12 1/2 percent of the value of the output of gold, silver or quicksilver at the mine and also shall establish the amount of investment required under the lease.
Collected 2026-08-27T02:26:15Z. Source file · JSON