mineral lease

A lease in which the lessee has the right to explore for and extract oil, gas, or other minerals.

• The rent is usu. based on the amount or value of the minerals extracted. [Cases: Mines and Minerals 56–81. C.J.S. Mines and Minerals §§ 194–325, 442.]

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词条贡献者

双语律师Simon，毕业于亚洲一流的高级翻译学院，擅长翻译涉及金属和矿业领域的法律文件。