To Receive US$15.0 million In Staged Cash Payments And Smelter Royalty. Titan Minerals Limited (ASX: TTM) has completed the sale of the Zaruma mine concessions and the Portovelo Process Plant assets in Ecuador to Pelorus Minerals Limited for consideration of US$15.0 million in staged cash payments plus a 2% net smelter return royalty on future copper production …
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 ...
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 …
2. Copper equivalent calculations use metal prices of US$1.80/lb for copper, US$800/oz for gold, and US$10.00/lb for molybdenum. Metallurgical recoveries and net smelter returns are assumed to be ...
As a result, the copper and gold net smelter returns for copper concentrate sold to Smelter A are equal to $511 and $515 per tonne of concentrate, or $48.01 and $48.37 per tonne of ore. When these numbers are divided by the mill feed grade, the copper and gold NSR factors are equal to $20.69 per % Cu and $18.97 per gram of gold.
After Tempus spends C$2 million to explore one or more of the projects, the company's interest increases to and Pancon retains a 1.5% net smelter royalty on each of the four projects. Autogenous mill is a new type of grinding equipment with both crushing and grinding functions.
As a result, the copper and gold net smelter returns for copper concentrate sold to Smelter A are equal to $511 and $515 per tonne of concentrate, or $48.01 and $48.37 per tonne of ore. When these numbers are divided by the mill feed grade, the copper and gold NSR factors are equal to $20.69 per % Cu and $18.97 per gram of gold. Get Price
Made up of 3 main deposits (Doris, Madrid and Boston) defined on a large 1,101km2 prospective land package. Fully permitted for the continued mining and gold production at Doris and for the development and mining of the Madrid North, Madrid South and Boston deposits. Agnico Eagle acquired Hope Bay in February 2021 and has been focused on ...
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. ... at the Seabee mill ...
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 10 MVA ("Mega Volt Amp") transformer arrives at Bull River mine. The new transformer will allow the Company to reconnect to an existing 66,000 volt hydroelectric powerline from BC Hydro ...
Safety & protection for operators & environment in the most difďƒžcult working conditions DOK-ING Ltd. Kanalski put 1, 10000 Zagreb, Croatia T +385 1 2481 300 / F +385 ...
Corina Gold Project. London-listed Hochschild Mining plc., has the option to purchase the Corina Gold Project from Lara by making staged cash payments totalling US$4,150,000 of which US$650,000 has been paid to date, with the next instalment of US$1,000,000 due by July 2021. Hochschild must also pay Lara a 2% net smelter return royalty on any ...
TORONTO, Nov. 30, 2021 /CNW/ - QC Copper and Gold Inc. (" QC Copper " or the " Company ") (TSXV: QCCU) is pleased to announce the completion of the acquisition of interest in 38 claims from a ...
"A net profits interest (also known as an NPI or, especially in the United states, a net proceeds royalty) is … calculated as a percentage of the gross cash income from a mine-mill complex less all expenses incurred to produce the income." (B.J. Barton, Canadian Law of Mining (Calgary: Institute of Resources Law, 1993) at 462.)
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Brightstar Resources has picked up some prime geological real estate contiguous to its current gold exploration land holdings near Laverton, boosting the company's holdings in the region to a solid 300 square kilometres. The acquisition comes off the back of a recent $2.3 million placement.
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 C$2.50 per tonne royalty on material processed through Monarch's Beacon mill originating from the Beaufor mine operations; a 2.5% net smelter return ("NSR") royalty on each of Monarch's Croinor ...
Reserves at December 31, 2020: Mineral Reserve estimate is reported based on planned stopes with a net smelter return cut-off grade of US$100/tonne, with average metal prices of: US$1.15/lb zinc. The PerkoaUnderground Mine MineralResource estimate is reported based on zinc equivalent cut off grade of 5%Zn. Category.
An open pit mining ban will also have adverse impacts on our energy security, as coal mining is presently done in the country only through open pit mines. In the meantime, the definition of open pit mining method as per DAO No. 2017-10 vis a vis other surface mining methods was clarified by the MGB through the issuance of MC 2019-08 on 10 ...
SSR Mining (NASDAQ, TSX: SSRM) announced Thursday it has entered a definitive agreement to acquire all outstanding common shares of Taiga Gold (CSE: TGC), in a move that would greatly expand its presence in Saskatchewan.. SSR is currently only gold producer in the province, operating the Seabee underground mine about 125 km northeast 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 a +15- year mine life we believe this PEA clearly positions Cordero as a Tier 1 silver asset. This impressive
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VANCOUVER, BC, Nov. 3, 2021 -- Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") reports revenues of $132.6 million, Earnings from mining operations before depletion and amortization* of $83.7 million, Adjusted EBITDA* of $76.3 million and Adjusted net income* of $27.0 million, or $0.10 per share, in ...
On March 1, 2021, Endeavour completed the sale of its interest in the non-core Agbaou mine in Côte d'Ivoire to Allied Gold Corp ("Allied Gold") for a consideration of up to $80 million with further upside through equity exposure in Allied Gold and a Net Smelter Return royalty.