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ACTION: Originate: 06/07/2016 12:52 Rule Summary and Fiscal Analysis (Part A) Department of Natural Resources Agency NameDivision of Mineral Resources ManagementIndustrial Mineral Brock MiskimenDivisionContact2045

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How to fill out division of mineral resources

01

Identify the mineral resources that need to be divided.

02

Determine the ownership rights of each party involved.

03

Calculate the value of the mineral resources to be divided.

04

Agree on a fair and equitable division of the mineral resources.

05

Document the division in a legally binding agreement.

Who needs division of mineral resources?

01

Mining companies

02

Landowners

03

Government agencies

04

Investors in mineral resources

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What is division of mineral resources?

Division of mineral resources refers to the allocation and distribution of mineral rights or ownership of minerals among multiple parties.

Who is required to file division of mineral resources?

Any individual or entity that has ownership or rights to mineral resources and wants to divide them among different parties is required to file division of mineral resources.

How to fill out division of mineral resources?

To fill out division of mineral resources, one needs to provide detailed information about the mineral resources, ownership percentage, parties involved in the division, and any specific terms or agreements related to the division.

What is the purpose of division of mineral resources?

The purpose of division of mineral resources is to clearly define and allocate ownership rights to mineral resources among different parties to avoid disputes and ensure proper utilization of the resources.

What information must be reported on division of mineral resources?

The information that must be reported on division of mineral resources includes details about the mineral resources, ownership interests, parties involved, terms of the division, and any related agreements.

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