mineral rights
- Ownership of the minerals found in a specific land area, giving the holder the right to extract and profit from these minerals or to collect a royalty from the party doing the extraction
- The contract showed she had mineral rights to the property, allowing her to profit from the extracted minerals.
- The mining company had to pay royalties to the farmer due to his mineral rights over the piece of land.
- The land is valuable due to the identified mineral rights; the holders have the right to extract minerals.
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