mining royalties definition

Royalty Payments: A Comprehensive Guide

Royalty payments help support the gig economy by ensuring that inventors, creators, artists and other intellectual property owners are compensated appropriately for their work. ... Oil and gas and mining royalties paid to mineral rights owners with a royalty interest; Franchise fees in franchising businesses; Patent royalties; Keeping your ...

About Mining and Minerals

About Mining and Minerals The Mining Law, as amended, opened the public lands of the United States to mineral acquisition by the location and maintenance of mining claims. Mineral deposits subject to acquisition in this manner are generally referred to as "locatable minerals." Locatable minerals include both metallic minerals (gold, …

Understanding The New Mining Royalties Regulation In …

Miners in Zimbabwe are obligated to pay royalties to the State from the minerals they would have extracted. Royalty is a charge that the government levies on the volume of minerals produced at a mine or the income or profit made from the sale of those minerals. These royalties are remitted to the Revenue Authority adding on to the state …

Gold Royalty Corp

A royalty and streaming business model provides greater diversification than typical mining companies. Royalty and streaming companies typically hold a portfolio of diversified assets, whereas mining companies generally depend on one or few key mines. Royalty and streaming companies therefore generally offer a relatively lower risk …

Royalty finance

Drawbacks of royalty finance for the mining company. Quantum; royalty finance has typically been provided in the region of $10m to $50m. If a mining company needs a significant influx of capital, for example to fund construction of a new asset, the provision of a royalty alone may not be sufficient.

Mineral Rights | Oil & Gas Lease and Royalty …

"Mineral rights" entitle a person or organization to explore and produce the rocks, minerals, oil and gas found at or below the surface of a tract of land. The owner of mineral rights can sell, lease, gift or bequest them to …

Mining duties, royalties and taxes in Philippines

Royalties. For MAs, FTAAs, or mining permits covering ancestral lands, the contractor shall pay royalties to the concerned ICC based on gross output. Such payment shall depend on the agreement ...

Royalty Interest: What it Means, How it Works

Royalty interests are favorable for smaller companies that hold ownership rights to developable oil fields but lack the financing or technology to bring these resources into production.

Mining Royalties: How to Decide

Unit-based royalties can be calculated based volumetrically, by weight, or by a sliding scale of incremental unit production. These unit-based royalties are …

Mining Royalties: A Global Study of Their Impact on …

This book contains a wealth of information and analysis relating to mineral royalties. Primary information includes royalty legislation from over forty nations. Analysis is comprehensive and addresses issues of importance to diverse stakeholders including government policymakers, tax administrators, society, local communities and mining …

What Is a Royalty?

1. Book royalties: Paid to authors by publishers. Typically, the author will receive an agreed amount for every book sold.
2. Performance royalties:The owner of copyrighted music receives an amount whenever the music or song is played, used in a movie, or otherwise used by a third party.
3. Patent royalties: Innovators or creators patent their products. Third parties typically enter int…

1. Book royalties: Paid to authors by publishers. Typically, the author will receive an agreed amount for every book sold.
2. Performance royalties:The owner of copyrighted music receives an amount whenever the music or song is played, used in a movie, or otherwise used by a third party.
3. Patent royalties: Innovators or creators patent their products. Third parties typically enter into a licensing agreement requiring them to pay royalties to the patent owner.
4. Franchise royalties: A franchisee pays a royalty to the franchisor for the right to open a branch under the company name.

Hardrock Mining: Updated Information on State Royalties …

Source: GAO analysis of prior report, (GAO, Hardrock Mining: Information on State Royalties and Trends in Mineral Imports and Exports, GAO-08-849R (Washington, D.C.: July 21, 2008)), state statutes, regulations, expert literature, and interviews with selected experts.Amendments requiring additions to tables since our 2008 report are …

Often overlooked, mining royalties are now in the spotlight …

Mining giant Rio Tinto recently sold its royalty in the Nevada-based Cortez gold mine and Fourmile project for US$525 million in cash, according to a Wall Street Journal report. The Cortez gold mine is owned by Barrick Gold ( GOLD ) and Newmont Mining ( NEM ) as a joint venture, while the Fourmile project is owned solely by Barrick.

Royalty and Company Tax Payments

The net company tax and royalties paid by the minerals sector is shown in Figure 1, below, with royalties reaching a high of $16.7 billion in 2020-21, while net company taxes are expected to reach $26.5 billion in the same year. In total, mining company tax payments plus royalty payments

Digging into mining royalties – what are they and how are …

Royalties are a common feature of the mining industry. Private royalties are often granted as a "finder's fee" for an exploration project or form part of the purchase price payable to acquire a mining project. Further, they are increasingly being used in quasi financing arrangements. This article looks into the different types of private mining …

Buying Mining Royalties: An In-Depth Guide

Buying mining royalties can offer a unique opportunity to gain exposure to the mining sector without some of the risks associated with direct mining operations. Whether you're buying royalties directly or investing in a royalty company, understanding the dynamics of the commodities market, the specific mining operation, and conducting …

Guide to Mineral Taxes, Royalties and Levies in Namibia

This article begins by providing a summary of key taxes features and royalties such as corporate taxes, mining company taxes, capital gains, value-added taxes and withholding tax etc. ... of ownership of any share or member's interest in a company that holds a mineral license has been included in the definition of gross income for tax purposes ...

Mining duties, royalties and taxes in India

A mining rights holder is liable to pay either royalty or dead rent in respect of a mining area, whichever is higher. Dead rent is, therefore, meant to be paid when the mine is closed or is being ...

Beneath the Surface: Royalties and Streams – What You …

While streaming and royalty agreements are well-established instruments in traditional mining jurisdictions, a constrained market for senior bank debt, lacklustre …

Mining royalties : a global study of their impact on investors

Eight leading authorities from around the world have collaborated to produce this volume which provides a thorough treatment of mineral royalties. Mineral sector . Mining …

Open Knowledge Repository

This book focuses on information and analysis relating to mineral royalties. It provides a general discussion of the concepts behind mining taxation, a guide to royalties, …

GST on Royalty – Mining Sector | A 360 degree analysis

Relying on the judgements and considering the definition of taxation contained in Clause 28 of Article 366 of the Constitution of India, it is a settled position of law that Royalty paid under a mining lease is in the nature of tax and thus, subsequently in various other matters coming up in the Courts, it can strongly be argued on the basis ...

Minerals royalty rates in India: Comparison with other …

The mining royalty rates in India are among the highest in the world. There is a need to reduce the rates to facilitate ... Many nations define groups of minerals that are subject to different royalty rates. This is the most common method as operating economies may vary between mineral types. For example, iron ore

Digging into mining royalties – what are they and how are …

Royalties are a common feature of the mining industry. Private royalties are often granted as a "finder's fee" for an exploration project or form part of the …

At a glance: mining duties, royalties and taxes in South Africa

The Mineral and Petroleum Resources Royalty Act, No. 28 of 2008 (the Royalty Act) regulates the imposition and calculation of mining royalties taking into account the profitability of the taxpayer.

Royalty Definition & Meaning

The meaning of ROYALTY is royal status or power : sovereignty. How to use royalty in a sentence. royal status or power : sovereignty… See the full definition ... (as of a mine) claimed by the owner for allowing another to use the property. b: a payment made to the owner of a patent or copyright for the use of it. Legal Definition.

Mineral Rights: What it is, How it Works, Special …

Generally, the attractiveness of these mineral rights—and, therefore, the royalties that private landowners can obtain for them—is heavily dependent on the price of oil. When oil prices are ...

How Precious Metals Royalty and Streaming Companies …

Royalty agreements, also called net smelter return (NSRs), provide the royalty holder a percentage of the mine's revenue from production, typically around 1-3%. There are also other kinds of royalty agreements like net profits interests (NPIs), where the royalty holder receives a percentage of the profits rather than the revenue.

2024 Mining Terms Explained

Butt entry - A coal mining term that varies in meaning depending on location, signifying either a panel entry, sub-main entry, or traditionally referring to an entry made at right angles to the coal face, ... Gross value royalty - A share of gross revenue from the sale of minerals from a mine.

Mining Royalties: A Global Study of Their Impact on …

The focus here is on mining royalties, an important but controversial tax instrument unique to the natural resources sector. In most countries, mining royalties are based on measures of quantity or value produced, rather then the profitability of a project or its income generated. This makes most types of royalties regressive tax instruments ...