The bill revises existing laws concerning mining leases on state lands, specifically addressing the terms for leases related to metalliferous minerals, gems, 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 based on production or specific conditions related to the land's title limitations. Additionally, if a lease or corresponding permit is temporarily enjoined or ineffective, the primary term of the lease 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 or permittees be withheld from public access for a minimum of five years after the lease or permit expires. It also allows the board to amend or modify lease terms and conditions at its discretion. Definitions for terms such as "commercial quantities" and "covered and described" are provided to ensure clarity in the application of the law. The act 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