GroundRules
43 CFR 3583.4-2: -2 Royalties, rentals and minimum royalties.
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 3583—Shasta and Trinity Units of the Whiskeytown-Shasta-Trinity National Recreation Area
Rentals and royalties shall be determined by the authorized officer on the basis of the fair market value, but in no event shall be less than:
(a) A rental of 50 cents per acre or fraction thereof payable in advance until production is obtained.
(b) A minimum royalty of $1 per acre or fraction thereof payable in advance after production is obtained.
(c) A production royalty of 2 percent of the amount or value of the minerals mined, the exact amount of royalty to be fixed prior to the issuance of the lease.
Collected 2026-08-27T02:26:15Z. Source file · JSON