2013 Nevada Revised Statutes
Chapter 362 - Taxes on Patented Mines and Proceeds of Minerals
NRS 362.010 - Definitions. [Effective through November 24, 2014, and after that date unless the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.]

As used in this chapter, unless the context otherwise requires:

1. Mine means an excavation in the earth from which ores, coal or other mineral substances are extracted, or a subterranean natural deposit of minerals located and identified as such by the staking of a claim or other method recognized by law. The term includes a well drilled to extract minerals.

2. Mineral includes oil, gas and other hydrocarbons, but does not include sand, gravel or water, except hot water or steam in an operation extracting geothermal resources for profit.

3. Patented mine or mining claim means each separate, whole or fractional patented mining location, whether such whole or fractional mining location is covered by an independent patent or is included under a single patent with other mining locations.

[1:206:1915; 1919 RL p. 3009; NCL 6592] (NRS A 1975, 317; 1989, 33)

NRS 362.010 Definitions. [Effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.] As used in this chapter, unless the context otherwise requires:

1. Extractive operation or operation means each geographically separate extractive location in this State where a person engages in mineral extraction. The term includes, without limitation, a mining operation defined in NRS 519A.080, and for each such operation, its location is the location described in the plan or amended plan filed by the person pursuant to NRS 519A.200 to 519A.260, inclusive.

2. Gross yield from mineral extraction or gross yield means the gross yield from mineral extraction by each extractive operation as determined and certified pursuant to the provisions of NRS 362.100 to 362.240, inclusive.

3. Mine means an excavation in the earth from which ores, coal or other mineral substances are extracted, or a subterranean natural deposit of minerals located and identified as such by the staking of a claim or other method recognized by law. The term includes, without limitation, a well drilled to extract minerals.

4. Mineral includes, without limitation, oil, gas and other hydrocarbons. The term does not include sand, gravel or water, except hot water or steam in an operation extracting geothermal resources for profit.

5. Mineral extraction means any act, process, system or method by, through or from which ores, coal or other mineral substances are extracted. The term includes, without limitation, the use of a well drilled to extract minerals.

6. Net proceeds from mineral extraction or net proceeds means the net proceeds from mineral extraction by each extractive operation as determined and certified pursuant to the provisions of NRS 362.100 to 362.240, inclusive.

7. Patented mine or mining claim means each separate, whole or fractional patented mining location, whether such whole or fractional mining location is covered by an independent patent or is included under a single patent with other mining locations.

8. Royalty means a portion of the proceeds from mineral extraction which is paid for the privilege of extracting the mineral. The term does not include:

(a) Rents or other compensatory payments which are fixed and certain in amount and payable periodically over the duration of the lease regardless of the extent of extractions; or

(b) Minimum royalties covering periods when no mineral is extracted if the payments are fixed and certain in amount and payable on a regular periodic basis.

9. Tax upon mineral extraction means the excise tax upon mineral extraction imposed and collected pursuant to the provisions of NRS 362.100 to 362.240, inclusive.

10. Tax upon royalties means the excise tax upon royalties imposed and collected pursuant to the provisions of NRS 362.100 to 362.240, inclusive.

[1:206:1915; 1919 RL p. 3009; NCL 6592] (NRS A 1975, 317; 1989, 33; 2013, 3120, effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election)