25 C.F.R. § 225.23

Economic assessments.

Last amended: 2016Year: 2025Length: 89 wordsSubsections: 3Official source

Cite as 25 C.F.R. § 225.23 (2025)

The Secretary shall prepare or cause to be prepared an economic assessment that shall address, among other things: (a) Whether there are assurances in the minerals agreement that operations shall be conducted with appropriate diligence; (b) Whether the production royalties or other form of return on mineral resources is adequate; and (c) Whether the minerals agreement is likely to provide the Indian mineral owner with a return on the production comparable to what the owner might otherwise obtain through competitive bidding, when such a comparison can reasonably be made.
25 C.F.R. § 225.23: Economic assessments. | Justis AI