Many of the endless questions that affect our mining industry today will directly influence the mining sector in the future and as actively participating in this industry, we should always look at what we are going to leave as the legacy and teaching in this cyclical industry.
The guideline contained in this article aims to deepen awareness of the mining industry as to how minerals are handled normally across jurisdictions, and how each country’s regulations aim progressively to achieve sustainable development and preservation of the environment in the context of imminent climate change.
In the USA, monitoring of mining rights through several historical tools is not a government title pledge, and purchasers are commonly dependent on title insurance, the title opinion of lawyers and representations, guarantees, and compensation undertaking from the seller.
For many mining ventures, both Federal and State laws apply and rely mostly on the fact that a resource is located on land where private individuals own both the surface and the surface rights (common in the East of the U.S.). Government or mining rights have been separated from the Right of the surface.
· Legal framework for mining
America is a nation with common law. The US Constitution provides for a federal form of government (i.e. a state one). The constitution confers on the federal government some powers to enact legislation … Read More