This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Minnesota Surface Pits
Category:
State:
Multi-State
Control #:
US-OG-827
Format:
Word;
Rich Text
Instant download
Description
How to fill out Surface Pits?
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FAQ
Much of Minnesota's geologic terrane is a continuation of the mineral-rich Canadian Shield of Ontario and Quebec, which has yielded gold, silver, zinc, copper, nickel, titanium, and other precious metals and base metals.
Cutting 2,341 feet into the earth, Soudan Underground Mine is the deepest mine in Minnesota, and one of the only mines in the world that also plays host to a physics laboratory.
Taconite is mined from the Mesabi Iron Range, near Hibbing, MN. Then it is processed into pellets and moved by train--or on ore boats from Duluth--to ports and steel mills around the Great Lakes region.
In the past, iron ore was mined on three iron ranges - the Cuyuna, Mesabi and Vermilion - and also in Fillmore County in southeastern Minnesota. Today, only the Mesabi Range still has iron ore/taconite mining taking place. Clay is mined in the Minnesota River Valley.
Following the purchase of Arcelor, ArcelorMittal owns and operates the Minorca Mine in Minnesota and has 62 percent ownership of Hibbing Taconite Company operated by Cliffs Natural Resources. ArcelorMittal is currently producing iron ore from its Laurentian and new Biwabik mine pits.
Most of the world's iron ore, including that contained in northern Minnesota, was formed during the middle Precambrian. During this period, erosion leveled mountains. This erosion released iron and silica into the waters of a new sea. Marine algae living in this new sea raised the level of atmospheric oxygen.
Steel used in munitions and equipment was largely made possible by ore mined in northern Minnesota. More than 800 million tons of iron ore have been shipped from the Hull Rust Mahoning complex. At peak production in the 1940s, as much as one-quarter of the ore mined in the U.S. came from the Hull Rust pit.
