Summary

Portrait of Hugo Black Hugo Black United States v. Coleman — Opinion of the Court

As we have pointed out above, the prudent-man test and the marketability test are not distinct standards, but are complementary in that the latter is a refinement of the former. While it is true that the marketability test is usually the critical factor in cases involving nonmetallic minerals of widespread occurrence, this is accounted for by the perfectly natural reason that precious metals which are in small supply and for which there is a great demand, sell at a price so high as to leave little room for doubt that they can be extracted and marketed at a profit.
Source: Wikisource

Portrait of Hugo Black Hugo Black United States v. Coleman — Opinion of the Court

The Secretary's determination that the quartzite deposits did not qualify as valuable mineral deposits because the stone could not be marketed at a profit does no violence to the statute. Indeed, the marketability test is an admirable effort to identify with greater precision and objectivity the factors relevant to a determination that a mineral deposit is 'valuable.' It is a logical complement to the 'prudent-man test' which the Secretary has been using to interpret the mining laws since 1894.
Source: Wikisource

Portrait of Hugo Black Hugo Black United States v. Coleman — Opinion of the Court

Thus we read 30 U.S.C. § 611, passed in 1955, as removing from the coverage of the mining laws 'common varieties' of building stone, but leaving 30 U.S.C. § 161, the 1892 Act, entirely effective as to building stone that has 'some property giving it distinct and special value' (expressly excluded under § 611) .
For these reasons we hold that the United States is entitled to eject respondents from the land and that respondents' counterclaim for a patent must fail.
Source: Wikisource

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