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Mining Royalties Definition

Understanding Land Ownership – Including Surface and .

Interests and Estates in Land. Mineral rights can be complex. By law, property falls into two categories — real or personal. Real property includes land and whatever is permanently attached to land, found on it either by nature, (water, trees, or minerals) or by man (buildings, fences, bridges, roads).

Mineral Royalties Law and Legal Definition | USLegal, Inc.

Mineral Royalties are regular payments, usually based on the volume or price of minerals extracted, made by mining enterprises to national states or other owners of mineral resources as consideration for the right to exploit particular mineral resources.

Mineral Royalties - Department of Mines, Industry .

Under the Mining Act 1978, royalties are payable on all minerals. However, the definition of 'mineral' excludes the following where they occur on private land: limestone, rock or gravel shale, other than oil shale; sand, other than mineral sands, silica sand or garnet sand; clay, other than Kaolin, bentonite, attapulgite, or montmorillonite.

Royalty | Definition of Royalty by Merriam-Webster

Legal Definition of royalty 1 : a right delegated (as to an individual or corporation) by a sovereign 2 a : a share of the profit or product reserved by the grantor especially of an oil or mineral lease — compare overriding royalty

Royalty financial definition of royalty - Financial Dictionary

The compensation that is paid to the owner of an asset based on income earned by the asset's user. For example, an oil company pays royalties to the owners of mineral rights, and a book publisher compensates its authors with royalty payments.

Mining Taxation in Canada | Natural Resources Canada

Mining Taxation in Canada The mining industry is a highly cyclical and capital-intensive, with a long lead time between initial investment and commercial production. Accordingly, the federal and provincial income tax and provincial mining tax systems treat exploration and other intangible mining .

Royalty - definition of royalty by The Free Dictionary

Define royalty. royalty synonyms, royalty pronunciation, royalty translation, English dictionary definition of royalty. n. pl. roy·al·ties 1. a. A person of royal rank or lineage. b. Monarchs and their families considered as a group. 2. The lineage or rank of a monarch.

Classifying Mineral Interests - Mineral Servitude v .

A mineral royalty should be distinguished, as a matter of definition, from a "lease royalty" and an "overriding royalty." A lease royalty is that interest

Royal Gold - Business Model - Metal Streams and Royalties

What is a royalty? A royalty is the right to receive a percentage or other denomination of mineral production from a mining operation. Most of Royal Gold's royalties .

Withholding on Mining and Exploration Royalties

What is a mining and exploration royalty? A royalty is an amount (in money or value of property) received by any person having a right to, title in, or interest in any Minnesota land for permission to explore, mine, take out, or remove ore.

SOUTH AFRICA - MINING AND PETROLEUM ROYALTIES

SOUTH AFRICA - MINING AND PETROLEUM ROYALTIES - THE IMPOSITION AND CALCULATION By BETSIE STRYDOM (Director in the Tax Practice of the Corporate Department of BOWMAN GILFILLAN) The imposition of mineral and petroleum royalties ("mining royalties") in South Africa commenced on 1 March 2010 1 The Mineral and Petroleum Resources Royalty Act 28 .

What is a royalty? definition and meaning

Definition A payment made for the use of property, especially a patent, copyrighted work, franchise, or natural resource . The amount is usually a percentage of revenues obtained through its use.

royalty | Definition of royalty in English by Oxford .

'The Department of Mineral Resources has proposed companies involved in mining pay royalties to provincial governments directly.' 'It has ignored the country's demands to put the disbursement of royalties on hold until the sovereignty dispute is settled.'

Minerals, Surface Rights and Royalty Payments

mineral lessees for as long as the lease continues. Thus, during the tenure of a lease, the mineral lessee enjoys the same rights to use the surface as any other mineral owner. These property rights can be stated in the following way: Mineral lessees can use as much of the surface as is rea-sonably necessary for mineral exploration and production.

Net smelter return - Wikipedia

Net Smelter Return (NSR) is the net revenue that the owner of a mining property receives from the sale of the mine's metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty .

Royalties dictionary definition | royalties defined

Steamers, railways, posts and telegraphs), and as to the rest from taxes on land, date-trees and animals, from royalties on gum, ivory and ostrich feathers, from licences to sell spirits, carry arms, &c., and from fees paid for the shooting of game.

Mining Taxation In Zimbabwe | Ministry of Mines and Mining .

Royalties are levied in terms of section 244 of the Mines and Minerals Act[Chapter21:05], whilst the royalty rates are fixed through the Finance Act.The Mines and Minerals Act provides for a full rebate of royalty in respect of all minerals or mineral-bearing products used wholly within Zimbabwe.

Division of Royalties — Who Gets What? - EMLF

Specifically, a royalty deed is an instrument in writing conveying a royalty interest. The royalty deed must contain: a grantor, a grantee, describe the land, state the size of the interest, and have the signature of the grantor.10 The duration of a royalty interest can exist forever, for a term of years and

Royalties - definition of royalties by The Free Dictionary

Define royalties. royalties synonyms, royalties pronunciation, royalties translation, English dictionary definition of royalties. n. pl. roy·al·ties 1. a. A person of royal rank or lineage. b. Monarchs and their families considered as a group. 2. The lineage or rank of a monarch.

Classifying Mineral Interests - Mineral Servitude v .

A mineral royalty should be distinguished, as a matter of definition, from a "lease royalty" and an "overriding royalty." A lease royalty is that interest

Guide to mining projects and mining finance in Canada

Guide to mining projects and mining finance in Canada Royalties A royalty is a right to receive payment based on a percentage of the minerals or other products produced at a mine or of the revenues or profits generated from the sale of those minerals or other products at a mine. Typically a royalty .

mineral royalties | Wyoming Public Media

WILLOW BELDEN: In 2012, the tribes who share the Wind River Indian Reservation, the Eastern Shoshone and the Northern Arapaho Tribes, came to a settlement with the federal government for a mineral royalties mismanagement case dating back to the 1970's.

Royalty | Define Royalty at Dictionary

royalties, Archaic. prerogatives, rights, or symbolic emblems of a king, queen, or other sovereign. a royal domain; kingdom; realm. character or quality proper to or befitting a sovereign; nobility. a compensation or portion of the proceeds paid to the owner of a right, as a patent or oil or mineral right, for the use of it.

Exhibit 10.2 Production Payment Royalty Agreement

THIS PRODUCTION PAYMENT ROYALTY AGREEMENT "Royalty . developed or acquired by USE under or pursuant to this Royalty Agreement relating to without limitation mineral discoveries, ore reserves, mining methods, plans and production schedules, terms of agreements, ownership interests and all other information relating to the ownership and .

Royalty Interest - Investopedia

What is a 'Royalty Interest' A royalty interest in the oil and gas industry refers to ownership of a portion of the resource or revenue that is produced. A company or person that owns a royalty .

Mining Taxation In Zimbabwe | Ministry of Mines and Mining .

Royalties are levied in terms of section 244 of the Mines and Minerals Act[Chapter21:05], whilst the royalty rates are fixed through the Finance Act.The Mines and Minerals Act provides for a full rebate of royalty in respect of all minerals or mineral-bearing products used wholly within Zimbabwe.

A Brief Examination of "Mineral Acre" and "Royalty Acre .

[3] Note that under this formulation, if one (1) royalty acre is sold subject to a 1/8 mineral lease and said lease lapses and the landowner enters into a new mineral lease with a 1/4 lessor's royalty, the royalty purchaser and landowner would each be entitled to 1/2 (or 1/8 each) of the lessor's royalty.

A look at gold royalty companies | MINING

Gold royalty companies provide upfront capital to developing gold mining producers to help with the expenditures of bringing the mine into production. In exchange for providing this upfront .

Publication 535 - Business Expenses - Mineral Property

Mineral property includes oil and gas wells, mines, and other natural deposits (including geothermal deposits). For this purpose, the term "property" means each separate interest you own in each mineral deposit in each separate tract or parcel of land.

What is mineral lease? definition and meaning .

Definition of mineral lease: A lease arrangement between an individual and a property owner that grants the individual the rights to extract minerals, such as iron, copper, oil, or natural gas, from a piece of property, or to .

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