Mining leases

Mining leases are official permits granted by a government that allow companies or individuals to extract minerals, metals, or other geological resources from a specific area of land. These leases define the duration, scope, and conditions for mining activities, ensuring responsible extraction while maintaining environmental and safety standards. In exchange, the leaseholder pays royalties or fees to the government. Essentially, a mining lease is a legal agreement that balances resource development with regulatory oversight, enabling responsible and sustainable mining operations.