Metal streaming-and-royalty contracts are transactions under which mining companies sell future production or revenues in return for an up-front cash payment. There are some distinct differences …
This article will outline the law in Canada on when a mining royalty constitutes an interest in land and the contractual safeguards royalty holders can take to …
Licensing Agreement: A licensing agreement refers to a written agreement entered into by the contractual owner of a property or activity giving permission to another to use that property or engage ...
22 Example Petroleum Joint Operating Agreements - Associated Documents. 24 Example Gas Sales. 30 Minerals Royalty Agreement Non-Jurisdiction Specific Version. 31 Minerals Royalty Agreement Non-Jurisdiction Specific Version - French (Civil Law Amended) 32 Mining Services Contract - French (Civil Law Amended) - Eg Docs.
Production-linked lending has become a staple of mining finance – particularly for base and precious metals. The two dominant production linked models are often described as "Royalty" arrangements …
Nations Royalty is positioned to be Canada's largest business majority owned by a First Nation, significant player in realm of mining royalties. Leveraging royalties it has received through benefits agreements for mine projects in Northern British Columbia, the Nisga'a Nation is forming a Canadian First Nations mining royalty …
Average-profit mine. Low-profit mine. Peak production of nickel. 40,000 tonnes. 15,000 tonnes. Associated cobalt (percent of gross sales from nickel) 15%. 5%. Production life. 30 years. 10 years. Development and expansion capital. $1,600 million. $450 million. Replacement capital per year. $20 million. $6 million. Operating cost. …
Royalty Agreement sample contracts and agreements. This ROYALTY AGREEMENT (as amended, modified, supplemented or restated, this "Agreement") is made and entered into as of August 26, 2011, by and between MANHATTAN MINING CO., a corporation organized and existing under the State of Nevada, whose address is 1 Main Street, …
Rocket Lawyer's On Call® service makes it fast and easy to speak with a local attorney. Get started by visiting the Find a Lawyer tab on our site, or calling (866) 243-2183. Grant paid usage rights of property interest. Make, sign & save a customized Royalty Agreement with Rocket Lawyer.
An example of a sliding scale royalty stream is Royalty Gold's Wharf Royalty Stream in South Dakota. Dollar Amount Per Unit The royalty stream is calculated as a dollar amount per unit mined.
A royalty in the mineral exploration and mining industries typically involves a right of the Royalty Holder to receive a cash payment from an Owner of some portion of the …
Mines need to sell what they produce. Sales contracts include: (1) long-term offtake agreements, with a duration of between two and 30 or even more years; (2) short-term contracts; and (3) spot ...
Royalty agreements provide for the right of a party to participate in the results of a mining operation, either by receiving a percentage of the production in cash or, less frequently, in kind ...
Over time, royalty agreements became a funding mechanism allowing mining operators to take up-front funding to develop a mine in exchange for 1-3% of the mine's lifetime revenue.
A metal royalty company will give a mining company a loan and then receive a percentage of the revenue generated by the mine. Generally, the royalty is small, around 1% to 3 %. For example, Franco Nevada can give Kirkland Gold $400 million in loans and, in exchange, they get 3% of the royalties on a mine. If Kirkland Gold's mine produces ...
Here's a made-up example of a situation involving a royalty agreement: PhoneMe is a well-known phone brand that manufactures and sells high-tech mobile phones. It has a lot of intellectual property, including its trademark, trade name and intangible brand assets. PhoneMe wants to start offering its customers branded headphones to use ...
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MINING ROYALTY Sample Clauses | Law Insider. Open Split View. Download. Cite. MINING ROYALTY. The Mining Royalty at the rate of the rate five and one half per cent …
In the case of the largest mine in Liberia, a royalty pricing agreement (RPA) was negotiated to determine the selling price for iron ore because the mine exported a large proportion of its output to steel mills …
1. Understanding Streaming Agreements and Royalty Agreements: Alternatives to Traditional Financing. by Alan H. Monk Partner Dentons Canada LLP Vancouver, British Columbia, Canada. Vol51-No1-2014.qxd 6/16/14 10:43 AM Page 23. development and mining operations, as traditional sources of equity and debt financing have become …
Draft the agreement, including the length of the agreement, royalty rate, and any other terms you and the other party agree on. Have both parties sign and date the agreement. When all parties have signed and dated the agreement, you can move on to the next step of negotiating the terms of the royalty agreement.
Mining Agreements III (Rocky Mt Min L Fdn 1991) 8–1, 8–3 to 8–9; Stan Dempsey and Randy L Parcel, The Evolution of the Mining Royalty (53 Rocky Mt Min L Inst 2007) 30–1, 30–2, which includes a compendium of 38 Rocky Mountain Mineral Law Foundation articles related to mineral royalties as s 30.11, Appendix A; and articles cited …
and of the covenants and agreements herein contained to be kept and performed, Buyer agrees to tender the balance of the Purchase Price to Seller at Closing. The balance of the Purchase Price shall be paid by Buyer to Seller in certified funds on the Closing Date (as hereinafter defined). 3. Time and Place of Closing. This Agreement …
The GCA is a Future Act Agreement pursuant to s.29 of the Native Title Act 1993 (Cwlth) (NTA), and is between the State of Queensland, Century Zinc Limited (CZL) and the Waanyi, Mingginda, Gkuthaarn and Kukatj people of the southern Gulf of Carpentaria. The GCA predates the 'Wik' amendments to the NTA of 1997, also known as the 'ten-point ...
WebAug 29, 2019 Royalty interests form an important part of mineral ownership and mining finance. Under a royalty arrangement the operator of a mining project will pay to the royalty holder a stream of income based on the output or returns of the mining project. ... Royalty agreements are so ubiquitous in mining that they have helped generate a …
11 Example Mining Joint Venture Agreements. 12 Example Mining Joint Venture Agreements - Associated Documents. 13 Example Cross Charge - Cross Security (Mining / Petroleum) 14 Example Mining Services. 15 Example Mining Services Contract - Spanish Version (en Espagñol) 17 Example Minerals Sales. 18 Example Minerals …
Consider, for example, the "net profit royalty", which one would expect to have an accepted meaning and to be tantamount to a generic royalty. In Canada, this term appears with: definitions for "revenues" based upon all ... Karl Harries in "Mining Royalty Agreements between Private Parties: the Relationship between Payor and Recipient ...
A royalty is a fee that is imposed by local, state or federal governments on either the amount of minerals produced at a mine or the revenue or profit generated by the minerals sold from a mine. A royalty can be imposed as either a "net" or "gross" royalty. A net royalty allows for deductions of costs a company incurs to produce a ...
of mining agreements. This article will focus on these issues. The royalty to be paid to a landowner in one sense represents the "price" that is being paid for the privilege of …
This interactive database provides direct access to royalty rates, full-text licensing agreements, and detailed agreement summaries. With precise search functionality, robust data mining capabilities, and a time-saving analysis center, ktMINE is the tool you should use to quickly identify and analyze market comparables from a goldmine of ...