• The lessor is compensated in the form of either fixed rent or royalties based on the amount of ore mined. [Cases: Mines and Minerals 62–71. C.J.S. Mines and Minerals §§ 200–232.]
mining lease
A lease of a mine or mining claim, in which the lessee has the right to work the mine or claim, usu. with conditions on the amount and type of work to be done.