This bill revises existing laws concerning mining leases on state lands, specifically addressing the terms for leases related to metalliferous and nonmetallic minerals. It establishes that mining leases must be issued for a primary term of at least 10 years, with the possibility of extension as long as minerals are produced in commercial quantities. Additionally, if a lease or permit is temporarily enjoined or ineffective, the primary term will be extended accordingly. The bill also clarifies that leases cannot be terminated at the end of the primary term if the lessee complies with the lease terms and the lands are covered by a mining permit.

Furthermore, the bill modifies public inspection rights, mandating that proprietary geological information obtained from lessees must be withheld from public inspection for a minimum of five years after the lease or permit expires. It allows the board to amend or modify lease terms at its discretion and provides definitions for key terms such as "commercial quantities" and "covered and described." The bill is set to take effect immediately upon passage and approval.

Statutes affected:
LC Text: 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_1(1): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_1(2): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_1(3): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_1(4): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_1: 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(1): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(2): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(3): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(4): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(5): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(6): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2(7): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_2: 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(1): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(10): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(11): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(2): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(3): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(4): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(5): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(6): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(7): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(8): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X(9): 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211
SB0520_X: 77-3-102, 77-3-117, 77-3-130, 77-3-203, 77-3-211