15 Alaska Admin. Code § 65.010

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;
(3) repealed 2/20/2022.
(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.
(d) Repealed 7/8/2020.

15 AAC 65.010

Eff. 8/9/86, Register 99; am 7/8/2020, Register 235, October 2020; am 2/20/2022, Register 241, April 2022

Authority:AS 43.05.080

AS 43.65.010