Current through October 17, 2024
Section 15 AAC 65.010 - When license is required(a) Except as provided in (b) of this section, a person engaged in one or more of the following activities in the state is in the business of mining and shall obtain a mining license: (1) a person owning and operating a mining property;(2) a person owning a mining property and receiving lease or royalty payments based on production from the property;(3) a person leasing a mining property from another person and operating the property;(4) a person possessing a mineral interest, whether an economic or a production interest, in a producing property, including royalty, working or operating interests, net profits, overriding royalties, carried interests, and production payments;(5) a person who is temporarily exempt from taxation under AS 43.65.010(a).(b) The following persons are not in the business of mining and are not required to obtain a mining license: (1) a person whose mining activities are restricted to the holding of property for exploration to locate and delineate mineral deposits or for future development;(2) a person who holds mineral interests described in (a)(4) of this section in undeveloped and non-producing properties;(c) A mining license must be obtained for each mining operation conducted in this state. A person owning several mining properties that constitute a single mining operation may apply for one license.Eff. 8/9/86, Register 99; am 7/8/2020, Register 235, October 2020; am 2/20/2022, Register 241, April 2022Authority:AS 43.05.080
AS 43.65.010