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Mineral Agreements |
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This is a highly specialised area of legal advice that requires a diverse range of skills and experience. It is important to take advice from a source well versed in mineral matters and, where tenanted farm land is involved, the complexities of agricultural law. |
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Mineral agreements can endure for lengthy periods of time and inevitably have environmental consequences. Agreements must take into account not only the period of extraction itself, but also the aftermath. They must provide for satisfactory environmental restoration of the area and secure the funding to achieve it. |
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Landowners need to be aware of the environmental risks of the agreement before entering into it. They must be protected against adverse environmental or planning consequences at every stage in the mineral extraction and restoration process. Local authorities have extensive enforcement powers, ultimately against landowners.
The financial arrangements can be complex. Various price structures must be combined to secure for landowners the best financial return and protect them against the vagaries of the minerals marketplace.
After completion, the minerals development site can give the landowner opportunities for diversification but often the strategy must be considered from the start of the minerals development project to secure the right end result.
We have a wealth of experience in protecting the interests of our land-owning clients. The range of our technical and practical experience in the legal areas relevant to mineral operations, contacts with specialist minerals surveyors and the diversity of the transactions we have handled mean we can provide a comprehensive service in this complex area.
For more information contact Fiona Gibb |
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