Accueil > Term: phosphate lands
phosphate lands
In mining law, a leased area for phosphate lands may not exceed 2,560 acres (1,034 ha). A certain expenditure for mine development and operations is required. A royalty of not less than 2% of the gross value of the output must be paid, and an annual rental, similar to that for coal lands, is imposed.
- Partie du discours : noun
- Secteur d’activité/Domaine : Mines
- Catégorie : Exploitation minière; Mineral mining
- Government Agency: USBM
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Créateur
- ed.young
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(Milwaukee, United States)