Minerals (Vesting) Act.

This Act declares all minerals (as defined in this Act) being in, on, or under any land or water, whether territorial waters, river, or inland sea, to be vested in and subject to the control of the Crown. The Act also requires any person to mine any minerals only in accordance with the legislation governing mines and mining and provides that royalties shall be paid to Government. The Act sets out rules relative to the payment of royalties and grants regulation-making powers to the Minister.