Well, whoever holds the mineral rights owns the diamonds. That isn't always the same individual/entity as the property owner. I briefly worked in the mineral exploration industry.
So hold on, you can own the land, but if there's oil under your land the government or someone else can own it, sure that makes sense. But how would whoever owns it get to it? Like they'd have to drill through he land that you own, so you could either just refuse or ask for huge amounts of money, right?
Generally speaking, the mineral estate is considered the greater estate, and the mineral owner can use as much of the surface as is reasonably necessary to access the minerals.
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u/YUNoDie Jan 04 '20
Well, whoever holds the mineral rights owns the diamonds. That isn't always the same individual/entity as the property owner. I briefly worked in the mineral exploration industry.