Subdivision 1. Royalty on certain concentrates produced from taconite ore. All ores or concentrates shipped from the lands covered by any lease under section 93.20 shall be classified and paid for under and in accordance with the particular schedule of said law properly applicable thereto. The royalty provided for taconite concentrates in section 93.20, schedule 7, shall be applicable to concentrates produced from taconite ores which, in accordance with good engineering and metallurgical practice, require treatment by fine grinding, magnetic separation, flotation, or some other method or methods other than or in addition to one or more of the methods specified in schedules 1 to 6, inclusive, of said section to make them suitable for blast furnace use.
Subd. 2. Alternate royalty determination. (a) In lieu of payment of such royalty on the taconite concentrates, royalty payments may be made on the taconite ore as defined herein. The method of computing the weight and the royalty rate per ton on such taconite ore shall be determined by agreement between the holder of the lease and the commissioner of natural resources. In case they are unable to agree, each shall choose an arbitrator, and the two thus selected shall choose a third. The decision of the arbitrators or any two of them shall be final and binding on the parties in interest. The agreement or the decision of the arbitrators shall be attached as a supplement to the lease. The holder of the lease shall reimburse the state for all costs and expenses incurred in connection with the determination of weight of taconite ore.
(b) Taconite ore shall be understood to mean a ferruginous chert or ferruginous slate in the form of compact siliceous rock, in which the iron oxide is so finely disseminated that substantially all of the iron-bearing particles of merchantable grade are smaller than 20 mesh.
Subd. 3. Applicability. The provisions of subdivisions 1 and 2 for payment of royalty on taconite ore shall apply to existing leases as well as subsequent leases, subject to vested rights, if any, of the holders of existing leases.
1943 c 233 s 3; 1949 c 616 s 1,2; 1957 c 158 s 1; 1969 c 1129 art 10 s 2
Structure Minnesota Statutes
Chapters 92 - 94 — Lands And Minerals
Section 93.001 — Policy For Mineral Development.
Section 93.0015 — Mineral Coordinating Committee.
Section 93.003 — Iron Mining; Conditions.
Section 93.01 — Reservation Of Minerals And Water Powers.
Section 93.02 — Instruments Transferring Interest; Reservation.
Section 93.03 — Patent Under Land Grant To Railroad; Reservation.
Section 93.04 — Disposition Of Minerals Reserved.
Section 93.05 — Holder Of Lease.
Section 93.055 — Action To Quiet Title To Lands Covered By Mineral Lease.
Section 93.06 — Reservation Of Minerals Under Navigable Lakes.
Section 93.14 — Leases To Prospect For Ores.
Section 93.15 — Mining Units; Designation.
Section 93.16 — Leases; Sale And Notice.
Section 93.17 — Application For Leases; Bids; Awards.
Section 93.171 — Eligibility And Performance.
Section 93.1925 — Negotiated Leases.
Section 93.193 — Taconite Iron Ore Mining Lease; Extension.
Section 93.20 — Form Of Lease; Required Content; Modification.
Section 93.201 — Royalties For Taconite Concentrates.
Section 93.21 — Execution Of Lease.
Section 93.22 — Disposition Of Payments.
Section 93.222 — Taconite Iron Ore Special Advance Royalty Account.
Section 93.2235 — Taconite Mining Grants; Appropriations.
Section 93.2236 — Minerals Management Account.
Section 93.245 — Mining Minerals Other Than Iron Ore.
Section 93.25 — Ores Other Than Iron; Leases.
Section 93.26 — Leases To Be Filed.
Section 93.27 — Assignments, Agreements, Or Contracts Affecting Leases; Filing.
Section 93.28 — Approval Of Instruments.
Section 93.285 — Stockpiled Iron Ore.
Section 93.33 — Leasing Surface Of Land.
Section 93.335 — Lands Held In Trust; Mineral Rights Only; Mineral Rights Acquired Under Tax Laws.
Section 93.34 — Draining Public Waters.
Section 93.41 — State-owned Iron-bearing Materials.
Section 93.43 — Leases To Nonferrous Metallic Minerals Producers.
Section 93.44 — Declaration Of Policy.
Section 93.45 — Iron Range Trail.
Section 93.461 — Peat Included In Mine Land Reclamation.
Section 93.47 — Duties And Authority Of Commissioner.
Section 93.481 — Permit To Mine.
Section 93.482 — Reclamation Fees.
Section 93.483 — Contested Case.
Section 93.49 — Financial Assurance Of Operator.
Section 93.51 — Penalties For Violation.
Section 93.515 — Oil And Gas Wells; Rules Relating To Spacing, Pooling, And Unitization.
Section 93.52 — Ownership Of Severed Mineral Interests.
Section 93.55 — Forfeiture Of Severed Mineral Interest.
Section 93.551 — Validation Of Certain Statements; Correction Of Certain Errors.