Oregon Administrative Rules
Chapter 141 - DEPARTMENT OF STATE LANDS
Division 71 - ONSHORE MINERALS PROSPECTING AND LEASING RULES
Section 141-071-0620 - Basis of Value
Universal Citation: OR Admin Rules 141-071-0620
Current through Register Vol. 63, No. 9, September 1, 2024
The value of minerals or specified materials shall be determined by the gross market value at the mine mouth. In the event that minerals are not sold in raw form but are furnished to a plant owned or controlled by the lessee, the gross market value may be determined by an appraisal of values for minerals of like quality and quantity. Should the Division believe that any charges imposed and deducted are excessive or that the price received by lessee is unreasonable, lessee shall, upon 30 days written notice, produce evidence that the charges or price or both comply with the above requirements.
Stat. Auth.: ORS 273
Stats. Implemented: ORS 273 .780 - ORS 273 .790
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