30 U.S.C. § 292 : US Code - Section 292: Royalties and rentals; disposition

Search 30 U.S.C. § 292 : US Code - Section 292: Royalties and rentals; disposition

For the privilege of mining or extracting the gold, silver, or
quicksilver deposits in the land covered by such lease, the lessee
shall pay to the United States a royalty, which shall not be less
than 5 per centum nor more than 12 1/2 per centum of the net value
of the output of the gold, silver, or quicksilver at the mine, due
and payable at the end of each month succeeding that of the
extraction of the minerals from the mine. All moneys received from
royalties and rentals under the provisions of this chapter shall be
deposited in the Treasury of the United States, and disposed of in
the same manner as rentals and royalties under the provisions of
section 191 of this title.