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93.24 Mining of other than iron ores.

Subdivision 1. Permit, agreement. Should gold, copper, silver, cobalt, coal, graphite, manganese (four percent or over, dried), iron sulphides or other sulphur ores, titaniferous magnetites, or any other valuable mineral be believed to exist on lands included within a prospecting permit or lease not covering such mineral, upon written application of the permit holder or lessee the terms and conditions on which such mineral may be mined or products recovered therefrom shall be agreed upon by the commissioner and the permit holder or lessee and embodied in a supplement to the permit or lease. In case they are unable to agree each shall choose a referee. The two persons thus selected shall choose a third. The decision of this board shall be final and binding on the parties in interest. Any iron or iron ore extracted from iron sulphides, sulphur ores or titaniferous magnetites mined under such a supplemental agreement shall be paid for in accordance with the minimum schedule for taconite concentrates provided in section 93.20, schedule 7, and any iron or iron ore extracted from any other kind of ore hereinbefore specified mined under such a supplemental agreement shall be paid for at rates fixed by agreement or arbitration as hereinbefore provided.

Subd. 2. Rental, payments. If, upon the application of the permit holder or lessee the commissioner shall determine that the lands covered by any mining permit or lease are principally valuable for the iron sulphides or other sulphur ores or titaniferous magnetites contained therein, and have no substantial value because of ores of the kind defined in section 93.20, schedules 1 to 6, the rental required in any lease issued pursuant to such permit, or any lease modified as above provided, shall be payable at the same rates, and in the same manner provided in section 93.20 in cases of leases for the mining of taconite ore. Thereupon such lease shall be designated as an iron sulphide or sulphur ore mining lease or a titaniferous magnetite lease, as the case may be.

Subd. 3. Increase of rental. If, following the issuance or designation of a lease as an iron sulphide or sulphur ore or titaniferous magnetite mining lease, additional information acquired by the commissioner of natural resources shall disclose that the lands covered by the lease have merchantable deposits of iron ore of the classes defined in section 93.20, schedules 1 to 6, which deposits, without reference to the iron sulphide or sulphur ore or titaniferous magnetites in such lands, would give substantial value thereto, the commissioner shall report the facts to the executive council, and thereupon further action shall be taken as provided by section 93.191, subdivision 3, in the case of taconite iron ore mining leases.

HIST: (6413) 1921 c 412 s 11; 1925 c 395 s 1; 1927 c 389 s 1; 1941 c 329 s 1; 1947 c 96 s 1; 1951 c 546 s 4; 1969 c 1129 art 10 s 2

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Revisor of Statutes