Indian Mineral Development Act of 1982
From Open Energy Information
The Indian Mineral Development Act of 1982 (IMDA) 25 U.S.C. Secs. 2101-2108 was enacted to provide Indian tribes with flexibilty in the development and sale of mineral resources. S.Rep. No. 97-472, 97th Cong.2d Sess. 2 (1982). Foremost among the beneficial effects of IMDA was the opportunity for Indian tribes to enter into joint venture agreements with mineral developers. The contractual relationships permitted by IMDA were designed to meet two objectives: First, to further the policy of self-determination and second, to maximize the financial return tribes can expect for their valuable mineral resources.