[Code of Federal Regulations] [Title 43, Volume 2] [Revised as of October 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 43CFR2720.0-6] [Page 216] TITLE 43--PUBLIC LANDS: INTERIOR CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR PART 2720_CONVEYANCE OF FEDERALLY-OWNED MINERAL INTERESTS --Table of Contents Subpart 2720_Conveyance of Federally-Owned Mineral Interests Sec. 2720.0-6 Policy. As required by the Federal Land Policy and Management Act, the Bureau of Land Management may convey a federally owned mineral interest only when the authorized officer determines that it has no known mineral value, or that the mineral reservation is interfering with or precluding appropriate nonmineral development of the lands and that nonmineral development is a more beneficial use than mineral development. Allegation, hypothesis or speculation that such conditions could or may exist at some future time shall not be sufficient basis for conveyance. Failure to establish by convincing factual evidence that the requisite conditions of interference or preclusion presently exist, and that nonmineral development is a more beneficial use, shall result in the rejection of an application. [51 FR 9657, Mar. 20, 1986, as amended at 60 FR 12711, Mar. 8, 1995]