mining royalty

mining royalty
An amount payable by the lessee to the lessor under a mining lease, based upon the amount of mineral taken from the mine for the term of the lease or a period thereof. 36 Am J1st Min & M §§ 48 et seq. See mineral royalty.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Mining in Namibia — Mining is the biggest contributor to Namibia s economy in terms of revenue. It accounts for 25% of the country s income.[1] Its contribution to the gross domestic product (10.4% in 2009) is also very important and makes it one of the largest… …   Wikipedia

  • Mining industry of Ghana — accounts for 5% of the country s GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana s mining and minerals development industry remains focused on gold.… …   Wikipedia

  • Royalty rate assessment — is a practical tool to gauge the impact of a royalty commitment in a technology contract to the business interests of the contracting parties. In this coverage, the terms royalty , royalty rate and royalties are used interchangeably.A firm with… …   Wikipedia

  • Royalty — may refer to: * A royal family (by extension the ruling house of any monarchy, regardless of the title), or one or more of its members * Royalties, the payment made (originally to the licensing crown) for a concession of commercial value (e.g.… …   Wikipedia

  • Royalty Financing — is done by selling the rights to a percentage of revenue of a product or service in advance of the revenue being earned. Traditionally this type of finance has been common to investors in the mining and energey sectors. Recently it has become… …   Wikipedia

  • Royalty trust — A royalty trust is a type of corporation, mostly in the United States or Canada, usually involved in oil and gas production or mining. However, unlike most corporations, its profits are not taxed at the corporate level provided a certain high… …   Wikipedia

  • Mining in Ghana — Ghana s economy depends largely on exports of cocoa and gold. Other mineral commodities produced in the country were aluminum, bauxite, diamond, manganese, natural gas, petroleum, salt, and silver.Economic impactThe contribution of Ghana’s mining …   Wikipedia

  • Mining in Afghanistan — It is estimated that forty million years ago the tectonic plates of India Europe, Asia and Africa collided in a massive upheaval. This upheaval created the region of towering mountains that now includes Afghanistan. That process also deposited… …   Wikipedia

  • mining — The process or business of extracting from the earth the precious or valuable metals, either in their native state or in their ores @ mining claim A parcel of land, containing precious metal in its soil or rock, and appropriated by an individual …   Black's law dictionary

  • mining — The process or business of extracting from the earth the precious or valuable metals, either in their native state or in their ores @ mining claim A parcel of land, containing precious metal in its soil or rock, and appropriated by an individual …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”