Selling mineral rights is much more different than selling most items or property. It goes further than having someone pay for the item and transferring the title of ownership. When you sell your mineral rights, you are transferring all your rights to use the minerals in or underneath the property—excluding use to the buildings or surface—to the buyer. Here are some types of mineral rights buyers:

• Mining companies – Mining companies purchase mineral rights for future reserve or for mineral extraction. They conduct the production several years after the date purchase and sometimes even later.
• Investors – This type of buyer usually doesn’t intend to conduct the mineral extraction themselves. They are simply buying the property as an investment and will then sell it to a mining company, who will be the one to operate in the extraction.

Owners who are new in the industry and are planning to sell or lease their mineral rights in Austin can take advantage of the services of our team of professionals at The Mineral Auction. Our experienced and knowledgeable staff can assist you and help you get a better understanding of your options. Get in touch with us today at (512) 698-2802 for more information.

The world of mineral rights is highly marketable, which is one of the reasons companies work hard in the hunt of profitable mineral resources. If you are looking to sell your mineral rights, you may want to consider the following cautions listed by SF Gate:

• Future Value – Since mineral resources produce a lot of money, consider first the future of your mineral properties. There may come a time when its value exceeds normal expectation after you sell the rights, and you may not be the one reaping benefits.
• Estate Planning – Mineral rights and properties may be a great monetary source for future generations. If you sell the rights, your family will not be able to benefit from future production.
• Property Damages – Production of mineral properties often require heavy machinery and equipment. These barriers may interfere with other purposes you could have for your land, since you do not own the mineral rights anymore. When you retain mineral rights, you have sole control of your land.

If you are looking to enter the complicated world of mineral rights, please consult with our lawyers at The Mineral Auction. Call our Austin office at (512) 698-2802 to learn more about our practice.