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.
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 of a ...
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 ...
Net Smelter Return (NSR) $/tonne mill feed. $178.02. Operating Margin % 53%. Operating Costs. Underground Mine Operating Costs $/t mill feed. $47.37. Processing Plant / WSF $/t mill feed. $25.03.
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 treatment plant that converts the output of the mill to marketable metal.
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.
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 at the smelter. Components of the calculations
Silver-dominant revenues: silver represents +60% of the net smelter return in the first five years of the mine life and +50% of the net smelter return over the …
Sibanye-Stillwater Ltd. said Tuesday that it will acquire both the Santa Rita nickel and Serrote copper mines in Brazil for $1.0 billion in …
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 adjacent Waterloo and Langtry Projects are located in the historic Calico Silver Mining District in the Mojave Desert of San Bernardino County, California. Under Apollo, this is the first time the two projects have been under common ownership. These represent district-scale mineral system endowment with 2,950 acres under Apollo control with ...
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 ...
¹ Two claims are subject to an underlying 1.0% gross overriding royalty ("GOR") in favour of an arm's length vendor with a 0.5% buydown provision for CAD$1.0 million, and five claims are subject to an underlying 2.5% net smelter returns royalty ("NSR") in favour of a non-arm's length vendor with a 1.0% buydown provision for CAD$1.5 million;
Net Smelter Return (NSR) $/tonne mill feed. $178.02. Operating Margin % 53%. Operating Costs. Underground Mine Operating Costs $/t mill feed. $47.37. Processing Plant / WSF $/t mill feed. $25.03.
• Silver-dominant revenues: silver represents +60% of the net smelter return in the first five years of the mine life and +50% of the net smelter return over the life of mine, in-line with the senior/mid-tier silver producer group. Taj Singh, President and CEO, states: "With annual AgEq production averaging more than 26 Moz over
an additional 0.5% net smelter return ... Ladner also has a permitted 1,300 tonne per day mill and tailings facility. A technical report from 2015 conducted on …
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.
The zinc-rich mill feed will be trucked to the surface via a two-way-traffic ramp system connecting three mine portals to the underground infrastructure and accessing production areas starting at ...
Net Smelter Return (NSR) is an estimate of the net recoverable value per tonne including offsite costs, payabilities, royalties and mill recoveries. Tonnage estimates have been rounded to nearest 1,000 tonnes. Nymagee Resource Estimate …
Net Smelter Return is a measure of the value of ore and is defined as the proceeds from the sale of mineral products, after deducting transportation and treatment costs. A NSR model of a mineral deposit serves two main purposes : ... The relationship between mill head grade and recoveries, ...
A net smelter returns royalty is calculated on the proceeds of the sale of the mineral product to the treatment facility and may be payable in cash or in-kind. ... A royalty based on net profits is calculated by using a fixed percentage of the income from a mine-mill complex less expenses incurred to produce the income.
Osisko owns a 2.0% to 3.5% net smelter royalty in the Eleonore gold mine. The mine achieved first gold production on Oct. 1, 2014, and subsequently declared commercial production on April 1, 2015. More information about the Eleonore mine and mill is available at Goldcorp. Or readers may wish to visit OsiskoGR.
Net Smelter Return (NSR) $/tonne mill feed. $178.02. Operating Margin % 53%. Operating Costs. Underground Mine Operating Costs $/t mill feed. $47.37. Processing Plant / WSF $/t mill feed. $25.03. General and Administration (G&A) Costs $/t mill feed. $6.87. Royalties $/t mill feed. $2.63. Transportation to Smelter $/t mill feed. $4.71. Total ...
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. ... particularly given the excess capacity at the Seabee mill and the recently completed tailings facility expansion, which provides capacity through 2031 at current ...
an additional 0.5% net smelter return ... Ladner also has a permitted 1,300 tonne per day mill and tailings facility. A technical report from 2015 conducted on …
The Project has a pre-tax net present value (NPV) of $425.0 million, and after-tax NPV of $378.4 million, at a 5% discount rate. The pre-tax internal rate of …
This is a big operation. It produces copper and moly concentrates from a conventional crush-mill-float plant and produces copper cathodes from a dump leach and SXEW plant. In 2020 it produced 104,917 tonnes of copper in concentrates, 2,453 tonnes of moly in concentrates, and 22,056 tonnes of copper cathode. ... Net Smelter Return royalties are ...
The Arizona Silver District project comprises 3 patented claims, 85 unpatented lode mining claims and 23 unpatented mill sites totaling more than 2,000 acres. The Project is under option between Stronghold Silver, a wholly-owned subsidiary of Apollo, and Gulf+Western Industries Inc., of Oklahoma. The vendor retains a 2% Net Smelter Royalty on ...
As part of the financing, Skeena will grant to Franco-Nevada a right of first refusal (ROFR) over the sale of a 0.5% net smelter return (NSR) …
Osisko's portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada. Osisko's head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.
Minerals, global leader in the provision of mill circuit technology, dewatering solutions and services, has launched the new ® MudfloTM hydraulic submersible slurry pump. ... Parallel to this, Red 5 is entitled to a 3.25 percent net smelter royalty (NSR) to be paid from the sale of up to 619,000 oz. of gold produced from Siana ...
The Optionors will retain a 2% Net Smelter Return royalty (NSR) whereby Benton, at its election, will have the right to buy back 1% NSR for $1 million. On behalf of …
In North American mining, one typically talks about two types of royalty interests: the net smelter returns royalty (NSR) and the net profits interest royalty (NPI). The NSR is described as a royalty calculated on the amount received by the mine or mill owner from the sale of mineral product to the smelter or treatment plant that converts the ...
2 The Mineral Reserve has an economic cut-off for prime mill feed, based on net smelter return of US$5.22/t, US$5.21/t, US$5.18/t and US$5.16/t …