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Mineral Leases and Royalties
Sometimes a mining company does not want to purchase a property because they are uncertain of the type, amount or quality of minerals that exist there. In these situations the mining company will lease the mineral rights or a portion of those rights. A lease is an agreement that gives the mining company the right…
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Buying/Selling Mineral Rights
Buying/selling a coal seam is much more complex than buying/selling a car. When you buy a car you simply pay for it, file a title transfer with the government and drive the car home. When the car is worn out, it goes to the junk yard and the only thing that remains is a memory.…
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Surface Rights vs. Mineral Rights
“I’ll pay you $100,000 for the coal beneath your property!” This type of transaction has happened many times. The fee simple owner may not have the interest or the ability to produce the coal beneath his property but a coal company does. In this type of transaction, the owner wants to sell the coal but retain possession…
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Mineral Rights
Basic information about mineral, surface, oil and gas rights. Fee Simple – Complete Ownership In most countries of the world, all mineral resources belong to the government. This includes all valuable rocks, minerals, oil and gas found on or within the Earth. Organizations or individuals in those countries cannot legally extract and sell any mineral commodity without first obtaining…
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Other Uses of Talc
Ground talc is used as a lubricant in applications where high temperatures are involved. It is able to survive at temperatures where oil-based lubricants would be destroyed. Talc powder is used as a carrier for insecticides and fungicides. It can easily be blown through a nozzle and readily sticks to the leaves and stems of…
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Dimension Stone
A rock known as “soapstone” is a massive variety of talc with varying amounts of other minerals such as micas, chlorite, amphiboles, and pyroxenes. It is a soft rock that is easy to work, which has caused it to be used in a wide variety of dimension stone and sculpture applications. It is used for countertops,…
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Talc in Roofing Materials
Talc is added to the asphaltic materials used to make roofing materials to improve their weather resistance. It is also dusted onto the surface of roll roofing and shingles to prevent sticking. In 2011, about 6% of the talc consumed in the United States was used to manufacture roofing materials.
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Talc in Paper
Most papers are made from a pulp of organic fibers. This pulp is made from wood, rags, and other organic materials. Finely ground mineral matter is added to the pulp to serve as a filler. When the pulp is rolled into thin sheets, the mineral matter fills spaces between the pulp fibers, resulting in a…
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Talc in Paint
Most paints are suspensions of mineral particles in a liquid. The liquid portion of the paint facilitates application, but after the liquid evaporates, the mineral particles remain on the wall. Talc is used as an extender and filler in paints. The platy shape of talc particles improves the suspension of solids in the can and…
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Talc in Ceramics
In the United States in 2011, about 17% of the talc consumed was used in the manufacturing of ceramics products such as bathroom fixtures, ceramic tile, pottery, and dinnerware. When used as a filler in ceramics, talc can improve the firing characteristics of the greenware and the strength of the finished product.