mineral rights

Definition of "mineral rights"
  1. 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
How to use "mineral rights" in a sentence
  1. The contract showed she had mineral rights to the property, allowing her to profit from the extracted minerals.
  2. The mining company had to pay royalties to the farmer due to his mineral rights over the piece of land.
  3. The land is valuable due to the identified mineral rights; the holders have the right to extract minerals.

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