Question

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Make a list of instructions needed to be able t o extract mineral resources in a...

Make a list of instructions needed to be able t o extract mineral resources in a person's property.

Solutions

Expert Solution

Mineral rights : The owner has the right to extract and use the mineral beneath the land.

These rights are different accoring to different countries.

Find out which mineral is in the property check whether it is profitable or not to be extracted.

So to extract mineral resource in a person's property first you need to know who holds the mineral rights for that particular piece of land.( its not always the property owner who holds the mineral rights that means owning a property doesn't mean you own the minerals beneath it).You can find these out in local courts.

Find out that if the mineral rights are for sale.If it is available you need to hire a lawyer. And they will contact property owner followed by geologist to confirm mineral is present in that area.Learn the law rights in that area. Draw up the mineral rights agreement .You can either buy or lease according to your preference.


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