Federal Mineral Development and Land Protection Equity Act of 2005

[AI summary unavailable — showing source text] Federal Mineral Development and Land Protection Equity Act of 2005 - Sets forth guidelines for: (1) mineral exploration and development on public domain lands; and (2) exclusive right of possession and use of the claimed land for mineral activities by holders of mining claims executed under this Act. Subjects unpatented mining claims, mill sites, and tunnel sites to an annual claim maintenance fee payable to the Secretary of the Interior in lieu of assessment work requirements contained in the general mining laws and the Federal Land Policy and Management Act of 1976. Exempts from such fee any claimants holding ten or fewer mining claims who elect to perform the assessment work. Requires locators of unpatented mining claims, mill sites, and tunnel sites located after enactment of this Act to pay a location fee. Establishes forfeiture penalties against holders of mining claims for noncompliance with this Act. Prescribes guidelines for royalty payments applicable to production of locatable minerals, including mineral concentrates or products derived from locatable minerals. Cites federal lands which are not open to location of mining claims. Requires the Secretaries of the Interior a…