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 …

The smelter plant was designed to treat 80 000 tonnes of copper concentrate annually. Refinery In the electrolytic refinery, the anode copper was further refined to produce copper cathodes of 99.999% purity, which was exported to various destinations.

Winning and Working. Geology: Characteristics and classification of mineral deposits; application of geology to mining; geological structures; folds, faults, fractures, fissures etc. methods of exploration and delineation of the ore bodies; boring through disturbed strata; bore hole survey; sampling; estimation of cut-off grade and ore reserve; losses of mineral in mining; net …

Mineral Reserves that will be mined using open pit mining methods are reported above a net smelter return of >C$15.5/t. Mineral Resources that will be mined using underground mass mining methods are reported shutoff values of MB1: C$22.00/t, MB2 and MB3: C$22.80/t, resulting in an approximate dilution of 5%.

Agnico Eagle acquired Hope Bay in February 2021 and has been focused on optimizing the underground mine and mill operations. In 2021 carried out delineation, conversion and exploration drilling programs using three rigs from the underground and four rigs at surface. For more information on Hope Bay, please visit

A Net Smelter Royalty equal to 1% on all new deposits beyond those resources currently defined at the Magistral and Santander Pipe deposits. A contingent payment of USD2.5 million in the event that the LME average zinc price for 2022 is equal to or greater than USD1.30 /lb. Promissory note

In 1992, Placer Dome U.S. Inc. granted Royal Gold either a 20% net profits interest royalty or a sliding-scale net smelter return royalty according to a schedule tied to indexed gold prices which ranged from 2.5% at $350/oz up to 5.5% in excess of $500/oz (at Royal Gold's selection) for the right to mine on the leased ground – in 1999 this ...

The acquisition from Duketon Mining (DKM) has now been finalised, following the payment of the consideration and 500,000 fully paid ordinary shares in the company, plus 500,000 options, with an exercise price of 30 cents per share. WMG has also granted Duketon one per cent of the net smelter royalties.

ore. By 1883, the mine had produced about $345,000 worth of ore, most of which came from silver associated with lead. In the early 1900's, ambitious attempts were made to restart the mines, but with little success. The major problem was the 26-mile wagon haul be­ tween Muldoon and the closest smelter, which was at Bellevue.

Smelter settlement records from the 1940's indicate average mill grades of 20.2 g/t gold, 60 g/t silver, and 9.2% copper. A number of artisanal workings have been documented by the Servicio Geológico Mexicano ("SGM") within the nearby, western concessions now …

1928 to 1990. Mineralization was discovered at Prairie Creek in 1928 by Poole Field with limited work conducted on the property until 1966. Cadillac Explorations Ltd ("Cadillac") acquired the property in 1966, and from 1966 to 1969 explored the mineralized zones now known as Zones 3, 7 and 8 through bulldozer trenching and exploratory cross ...

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 …

Seller has NO debt and no underlying royalty or net smelter agreements. An owner's cash flow is FREE CASH FLOW! In February of 1995 by Charles Ross, Professional Geologist, estimated 482,143 tons X 0.5 opt = 241,171 contained ounces of gold.

• 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

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 …

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.com. Or readers may wish to visit OsiskoGR.com.

• Mine to Mill Reconciliation – comparing the mine reports to the tonnes, grade and metal processed by the mill • Mill to Sales Reconciliation – which matches the mill metal production reports to the sales results in a specific period of time. • Metallurgical Balance: Metal grade in Plant Feed = Final Concentrate + Final Tailings.

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 ...

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 ...

Osisko holds a North American focused portfolio of over 160 royalties, streams and precious metal offtakes. 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. By Vladimir Basov For Kitco News Follow kitconewsnow [email protected]

Mineral Resources are reported above a net smelter return (NSR) cut-off of US$30.00/t; The Qualified Person for the Mineral Reserve Estimate is Mr. Andre Bradfield, P.Eng, of P&E Mining Consultants Inc. Mineral Reserves are reported using the 2014 CIM Definition Standards, and have an effective date of 10 May 2021.

The historic Invincible Mine is subject to a 2% Net Smelter Return royalty ("NSR"), which may be reduce to a 0.5% NSR by the payment of $150,000 to the Seller after the completion of a positive feasibility study. ... Exploration continued and in 1906 the Emerald Lead Deposit was discovered. A 25-ton mill was erected in 1919 by Iron Mountain Ltd ...

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 …

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 Return AKA Royalties. Net smelter return AKA royalties is the amount that is given as royalty payments, which can be measured as a percentage of production or net revenue. Governments, JVs, and other entities may impose a royalty on a mine's revenues. These can vary, but are generally 1-10% depending on the geo-political situation ...

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 ...

Streaming and net smelter returns (NSRs)—the sale of all or part of the future production of a mine at a discounted market price, and the sale of a right to a percentage of future revenues of a mine for an up-front payment, respectively. Streaming deals are typically larger (more than $100 million) and focused on secondary production, while ...

A Net Smelter Royalty equal to 1% on all new deposits beyond those resources currently defined at the Magistral and Santander Pipe deposits. A contingent payment of USD2.5 million in the event that the LME average zinc price for 2022 is equal to …

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.

Additionally, the firm will pay a 2% net smelter return royalty on the claims to each vendor group. Vision Lithium president and CEO Yves Rougerie said: "The property is located 10km south of the Trans-Canada highway and only metres from the secondary road, ensuring easy access for logistics, materials and qualified manpower.