StacksVerified U.S. regulatory reference

43 CFR §3583.4-2

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Rentals and royalties shall be determined by the authorized officer on the basis of the fair market value, but in no event shall be less than:
  1. (a)A rental of 50 cents per acre or fraction thereof payable in advance until production is obtained.
  2. (b)A minimum royalty of $1 per acre or fraction thereof payable in advance after production is obtained.
  3. (c)A production royalty of 2 percent of the amount or value of the minerals mined, the exact amount of royalty to be fixed prior to the issuance of the lease.