قائمة الطعام
Western Mines paid half a million of its shares, half a million options and a one per cent net smelter royalty to Duketon for the land. According to the company, its newly acquired ground hosts a 12km trend of interpreted ultramafic bodies that straddle the western basal slice of the Minigwal Greenstone Belt.
The mine is fully permitted and consists of high-grade, narrow silver-gold-lead-zinc-copper veins that will be mined by underground mining methods, an underground mill, and surface facilities to support production at a rate of 400 …
- a $2.50 per tonne royalty on all material processed through the Beacon mill originating from the Beaufor mine operations; and - a 2.5% net smelter return ("NSR") royalty on each of the Croinor Gold, McKenzie Break and Swanson properties, of which half (1.25%) can be bought back by Monarch for $2 million per property in the
The US Bureau of Mines developed a carbon recovery process on site and the mine reopened in 1948 with expanded mill capacity and more underground development, but closed again in mid-1950 when known oxide reserves were exhausted. Gold production was suspended in 1951. From 1951-56, the mill processed tungsten ores mined from throughout the ...
Page 2. NET SMELTER RETURNS ROYALTY. 1.1 Reserving unto the Transferor, David Anthony Zamida (the "Royalty Holder"), his successors and assigns, a royalty equal to two percent (2.00%) of net smelter returns (the "Net Smelter Returns Royalty") from the described property on page 1 ("the "Property") payable by the Transferee, Tidewater Resources Inc. (the "Royalty Payor"), …
The mill at Agnico-Eagle Mines and Yamana Gold's Canadian Malartic gold mine in Quebec. Credit: Agnico Eagle Mines. ... these assets include a 4% net smelter return (NSR) royalty on ...
Vox holds a 1% net smelter royalty over the project. ... The production preparations will include securing of all major mill components, increasing resources in parallel with working on the maiden ore reserve statement, and re-optimising mine plans based on 800,000 tonnes per annum milling capacity and a larger mining fleet.
The transaction would also eliminate a 2.5% net smelter return (NSR) royalty covering the majority of the Fisher property, thus unencumbering the asset from future payments. ... at the Seabee mill ...
Besides, Bear Creek will pay 2% net smelter return on production from the Mercedes mine. Equinox Gold assumed control of the Mercedes mine in April 2021 as part of its takeover of Premier Gold Mines. Equinox Gold CEO Christian Milau said: "Mercedes is non-core to Equinox Gold, representing 5% of our 2021 production guidance and 2% of our ...
Jul 23, 2021· a $2.50 per tonne royalty on all material processed through the Beacon mill originating from the Beaufor mine operations; and; a 2.5% net smelter return ("NSR") royalty on each of the Croinor Gold, McKenzie Break and Swanson properties, of which half (1.25%) can be bought back by Monarch for $2 million per property in the future ...
No underlying royalties on the Historic Mine (patented crown grants) and majority of the Property. Guardsmen Resources Inc. retains a 2.5% Net Smelter Return royalty (NSR)on select claims (2,100 ha), 2% of which can be purchased by Engineer Gold at any time for $1.5M.
Mandalay also retains a 2.25% net smelter royalty on production from the Cerro Bayo mining claims once the mine has produced at least 50,000 ounces of gold equivalent, subject to a re-purchase ...
There were no royalty expenses in Q3 2020, as the Company was processing Pine Cove ore which was not subject to a net smelter return royalty. Depletion and depreciation for Q3 2021 was $789,097 a decrease from $924,007 in Q3 2020 reflecting the 59% decrease in gold ounces produced, offset by the ongoing capitalization of Argyle development ...
West Dome Open Pit Ore Reserve is reported at a Net Smelter Return cut-off of A$20.1/t milled based on variable gold and copper contributions. Telfer Underground Ore Reserve is reported at a Net Smelter Return cut-off of A$53.0/t milled for sub-level cave, A$60.0/t milled for Western Flanks and A$115.0/t mille
Net smelter returns royalties and taxes are assessed as a percentage of the value of the mineral, but with deductions allowed for the costs of transporting and processing the mineral (mill, smelter, or treatment costs). However, extraction costs are not deductible.
SSR Mining (NASDAQ, TSX: SSRM) announced Thursday it has entered a definitive agreement to acquire all outstanding common shares of Taiga Gold (CSE: TGC), in a move that would greatly expand its presence in Saskatchewan.. SSR is currently only gold producer in the province, operating the Seabee underground mine about 125 km northeast of …
A Net Smelter Returns Royalty has been generically described as follows: "A royalty calculated on the net smelter return is essentially calculated on the amount received by the mine or mill owner from the sale of the mineral product to the
Net smelter return The net smelter return (NSR) refers to the revenues expected from the mill feed, taking into consideration mill recoveries, transport costs of the concentrate to the smelter, treatment and refining charges, and other deductions …
Corina Gold Project. London-listed Hochschild Mining plc., has the option to purchase the Corina Gold Project from Lara by making staged cash payments totalling US$4,150,000 of which US$650,000 has been paid to date, with the next instalment of US$1,000,000 due by July 2021. Hochschild must also pay Lara a 2% net smelter return royalty on any ...
Additionally, a contingent non-commencement of mining payment of $100,000 will be payable if Horizon decides to not continue with mining activities. The first 50,000 ounces of gold produced at Penny's Find will accrue a net smelter royalty of 5 per cent payable to Labyrinth with a 2.5 per cent net smelter royalty for every ounce produced ...
Vancouver-based Santacruz Silver Mining will pay $110 million plus a 1.5% net smelter royalty for Glenncore's wholly owned Sinchi Wayra unit and its 45% stake in the Illapa operation, the latter a joint venture with state mining company Comibol, Glencore said …
a $2.50 per tonne royalty on all material processed through the Beacon mill originating from the Beaufor mine operations; and a 2.5% net smelter return (' NSR ') royalty on each of the Croinor Gold, McKenzie Break and Swanson properties, of which half (1.25%) can be bought back by Monarch for $2 million per property in the future, subject to ...
Net smelter return refers to the gross revenue an operator receives from the sale of the mine's products to the smelter, less any transportation, insurance, marketing and refining costs. Therefore,...
The Scotia Mine consists of a fully permitted mine and mill which are owned by ScoZinc. The Scotia Mine is located at approximately 45°02′ North, 63°21′ West, or 62 kilometres northeast of Halifax, Nova Scotia, in the Halifax Regional Municipality. Year-round access to the Project is by paved highway roads and is approximately 15 ...
The transaction also unencumbers the Fisher property through the elimination of a 2.5% net smelter return royalty which covers the majority of the project, particularly given the excess capacity at the Seabee mill and the recently completed tailings facility expansion, which provides capacity through 2031 at current production levels.
An example for a polymetallic deposit can be seen below. Assume a selling price of $2,500, $2,400 and $6,500 per tonne of zinc, lead and copper, respectively. For this example, the selling cost has been chosen to be 5% of the selling price, and metallurgical recoveries are all 90%. A grade of 6, 3 and 0.5 percent by mass of zinc, lead and ...
Trevali has received 10 million common shares of Cerro De Pasco (subject to certain conditions), C$1 million in cash, and a 1% Net Smelter Return Royalty on certain areas of the Santander Mine site that exclude areas on which there is currently a defined Mineral Resource. The divestiture of Santander is an element of Trevali's focus on disciplined capital …
SSR Mining Inc. SSRM-TSX, NASDAQ, SSR-ASX] said Thursday it has struck a friendly deal to acquire Taiga Gold Corp. [TGC-CSE] in a friendly transaction worth $27 million or 26.5 cents per share. The deal has received unanimous approval from the board of directors of both companies. The offer price represents a premium of approximately 36% to the closing price of Taiga …
Zinc concentrate storage facilities, Polaris mine t Source .nunatsiaqonline.ca Average mill recovery = 75.5% Average grade of zinc concentrate = 5 "Barclays said … it expected tightness in the zinc market to 'remain … as 4.1% concentrate shortages could lead to smelter outages outside China'." Source: CNBC, January 2017
• Net smelter returns royalties and taxes are assessed as a percentage of the value of the mineral, but with deductions allowed for the costs of transporting and processing the mineral (mill, smelter, or treatment costs). However, extraction costs are not deductible. For these royalties and taxes, value may also be determined on the basis
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