Page:United States Statutes at Large Volume 76.djvu/128

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.
[76 Stat. 80]
PUBLIC LAW 87-000—MMMM. DD, 1962
[76 Stat. 80]

PUH.IC LAW 87-457-MAY 28, 1962

80 Rights of grant-

Royalty paytnents to U. S.

SEC. 2. (a) In exchange for the foregoing conveyance to the United States of the said Orphan Claim and the release by the owner thereof of any claims to pursue any extralateral rights to the ore body under park land, the grantor shall have the right for a period of twentyfive years to mine and remove on a royalty basis all uranium ore and such other metalliferous ore of commercial value as can be recovered through the shaft existing on the Orphan Claim and additional underground workings beyond the northeast boundary of said claim, along the dip of any ore body apexing within the said claim: Provided., Said mining and removal rights shall be limited to underground mining, which shall be conducted s(^ as not to disturb in any manner the surface of park land or the cany(^n walls, except for ventilation as required in accordance with mine safety laws: Provided further., That nothing in this Act shall be construed to create any obligation on the Atomic Energy Commission for the purchase of uranium derived from ores removed from beyond the vertical boundaries of the Orphan Claim: Provided further., That neither the enactment of this Act nor anything contained in it shall be construed to relieve any party from any liability which would or might otherwise exist for the removal of ore from beyond the boundaries of said Orphan Claim, if any such removal occurred prior to the enactment of this Act. (b) The United States shall be paid a royalty for ore extracted from under Government lands pursuant to this section, in accordance with the following Uranium Percentage Royalty Schedule: Royalty percentage of mine value per dry ton

Mine value per dry ton

$0.01 to $10.00 $10.01 to $20.00 $20.01 to $30.00 $30.01 to $40.00 $40.01 to $50.00 $50.01 to $60.00 $60.01 to $70.00 $70.01 to $80.00 $80.01 to $90.00 $90.01 to $100.00 $100.01 or more "Mine value per dry to n. "

[76 STAT.

5 514 6 ^^i 7 7% 8 Vi 9 9% 10

per per per per per per per per per per per

centum centum centum centum centum centum centum centum centum centum centum

"Mine value per dry ton" is hereby defined as the dollar value per dry ton of crude ores at the mine as paid for by the Atomic Energy Commission or other Government agency oefore allowance for transportation and development; however, if the Government at any time hereafter does not establish and pay for said ores on a fixed or scheduled dollar value per dry ton of crude ores at the mine, or said ores contain salable minerals, some or all, or which are disposed of to a custom treatment plant or smelter for treatment and sale, then mine value per dry ton shall be the gross value per dry ton of said crude ore as paid for by the Atomic Energy Commission or other Government authorized agency mill or other buyer, less any allowances or reimbursements for the following specific items: (1) transportation of ores, and (2) treatment or beneficiation of ores; which specific items shall in such event be deducted from the gross sales price received from the metal content of said ores by the seller before said percentage royalty is calculated and paid. Whenever mineral or other products are recovered which are not included in determining mine value per dry ton as defined herein, there shall be paid for such minerals or other products a royalty of 6 per centum of the gross value of such products at the mine site^