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(OTC: BMIX) has a business model focused on: 1) mining specific areas for gold and diamonds, and 2) generating projects from its portfolio of high-quality mineral rights for transactions leading to royalties and/or equity positions.
There is often an impact from the exercise of a mineral right on adjacent surface property.
I am a landowner and the mineral rights have been reserved by another party, is this a problem?
In 1977, Southwest Minerals Ltd 'SWM' acquired the mineral rights to a large area around Redmoor and undertook an exploration program.
Drilling activity in the area is brisk and purchasing mineral rights "in front of the bit" is a goal.
How do I find out if I own the mineral rights to my property?
While by law farmers cannot be held liable for workings on their land unless they hold the mineral rights, fencing off obvious dangers is not only sensible, but also clearly demonstrates a responsible approach by a farmer that in the long run may help prevent a tragic accident.
The leases pertain to mineral rights covering around 1,100 acres.
I own no mineral rights. Those mineral rights are owned by people who once owned the land where my home sits and, when they sold off my lot and others, reserved the minerals.
The laws concerning mineral rights taxation only refer to severed rights and do not address the contributory value of mineral rights production to property where there is single ownership of surface and mineral rights.