The acquisition will also eliminate a 2.5% net smelter return royalty on a large portion of the Fisher property. ... particularly given the excess capacity at …
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 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 ...
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. ... (CIL) mill facility commissioned in 2012 at a capital cost of US$54 million that includes a single stage SAG mill and six CIL tanks. Prior to signing the agreement, Red 5 confirmed that ...
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.
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.
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 ...
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 ...
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
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.
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 …
The acquisition will also eliminate a 2.5% net smelter return royalty on a large portion of the Fisher property. ... particularly given the excess capacity at …
Contiguous to SSR Mining's Seabee property, with the potential to provide additional ore sources to extend the life of the currently operating Seabee mill Recent (September 2021) exploration results announced by SSR Mining at Fisher included 22.99 g/t Au over 1.46 meters at the Mac North target and 10.03 g/t Au over 2.5 meters at the Yin target
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"), …
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, ... The ultimate pit contains 719 Mt in total consisting of 228 Mt of mill feed and 491 Mt of waste for an average strip ratio of 2.2:1. The strip ratio is relatively even ...
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 …
Coeur will retain a 1.25% net smelter return royalty on the Gloria and Abundancia areas of the project and a 2% gross value royalty on all …
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 reference price. A common variation of the net smelter returns royalty or tax includes a standard deduction rate (such as a percentage of the value of the mineral)
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 in …
The net smelter return (NSR) has been determined on the basis of refining and freight costs of $3.75 per ounce of silver and $138 per ounce of gold. Operating Costs. Mining, processing, and administration costs are based on the operating cost estimates summarized in Table 22.5 below.
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 ...
Upon restart of underground mining operations, mill feed will be progressively supplemented by higher grade underground ore. ... 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 recognized NSR value is US$35 million based on a gold ...
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 ...
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.
• 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
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.
Net Present Value (NPV) at 8.0% discount rate is CDN$495.9M; and Payback period on capital is 4.2 years. Note: Silver was not included in the financial analysis; however, there is an opportunity for improved economic performance if silver credits are received from the treatment and refining of the copper concentrate.
CSE:CDPR. MONTREAL, Dec. 3, 2021 /CNW Telbec/ - Cerro de Pasco Resources Inc. (CSE: CDPR) (Frankfurt: N8HP) ("CDPR," or the "Company") is pleased to announce that the Company has completed the ...
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%.
Block Net Smelter Return Calculation The three concentrates to be initially produced from the Voisey's Bay Project are expected to contain up to three payable metals in each concentrate (nickel, copper and cobalt), and in the case of the copper concentrate, a penalty element (nickel).
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 …
The mill at Agnico-Eagle Mines and Yamana Gold's Canadian Malartic gold mine in Quebec. Credit: Agnico Eagle Mines. ... Sandstorm has a 30% interest and a 2% net smelter return royalty on the ...
Newmont expanded the Ahafo mill by 50% and estimated that gold output would climb to between 550,000 and 650,000 ounces per year on average until about 2025. ... which holds a 3% net smelter returns royalty on the Pine Point zinc-lead project in …
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 milled for tonalite, rhyolite, porphyry and supergene ...