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LegalText 30 U.S.C. § 292 Royalties and rentals; disposition us united_states_code code_section 30 MINERAL LANDS AND MINING 4 LEASE OF GOLD, SILVER, OR QUICKSILVER DEPOSITS WHEN TITLE CONFIRMED BY COURT OF PRIVATE LAND CLAIMS 292 30 U.S.C. § 292 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc30@119-100.zip /us/usc/t30/s292 data/legal/raw/us/code/title-30/usc30.xml 643e2f9d6af43fa14bf86a1b15b7d66a277ceb9c1eaa57331d2870c3b1695f9a 355f8eb5c6ad5372de4a8e665d9ed90202d53d2aac19ac001d43948af4a4dd2f 5773174321fe9e2e84617c7e8be0c8c3f0884b3b66142201ebbd08409caa9211 2026-07-04 official
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30 U.S.C. § 292 - Royalties and rentals; disposition

Text

For the privilege of mining or extracting the gold, silver, or quicksilver deposits in the land covered by such lease, the lessee shall pay to the United States a royalty, which shall not be less than 5 per centum nor more than 12½ per centum of the net value of the output of the gold, silver, or quicksilver at the mine, due and payable at the end of each month succeeding that of the extraction of the minerals from the mine. All moneys received from royalties and rentals under the provisions of this chapter shall be deposited in the Treasury of the United States, and disposed of in the same manner as rentals and royalties under the provisions of section 191 of this title.

(June 8, 1926, ch. 503, § 2, 44 Stat. 710.)