The value of mineral rights is not same at every time and every where. There are lot many factors on which the value of the mineral rights depends upon and hence they keep on changing with a little change in the value of one single factor. Following are few factors on which the value of the mineral depends upon.

Size of the mineral: Even though the property of the owner, is very huge there will be only few acres of area under which the presence of mineral will be found. So, even if you lease the mineral rights for the entire property that particular area under which the minerals are found will come in to consideration. The value of the mineral varies according to the size of the land. The greater the volume the higher will be the value.

Location of the mineral: The value of the mineral varies according to the location since the value of each mineral is different in various places. At every location the quality of the mineral tends to be varied. Somewhere crude form of minerals will be found, which decreases the value of the mineral and some where the presence of hydro carbons will be more, which increases the value of the mineral.

Kind of mineral: Every mineral has its own value depending on its availability. The rare minerals which involve high production costs will costs more when compared to the frequently available minerals. Moreover, there are two kinds of minerals – producing and non producing. The producing minerals cost high than the non producing stuff as the name itself tells that they are producing some kind of revenue or the income from the minerals.

These are few but important factors on which the value of the mineral depends.

By MND A01