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Nov 24, 2017· 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 refining costs.

2 days ago· This month Riverside Resources (TSXV: RRI, OTC:RVSDF) will be spinning out it's wholly owned silver asset in Durango, Mexico in the form of special bonus shares to its existing shareholders. The transaction is simple. Riverside shareholders will receive 17.5 million shares of Capitan Mining (TSXV: CAPT), with the new company raising an additional $3.5M cash for exploration, adding an ...

Abstract. As a rule, a mine produces concentrates. In rare cases it mines rich ore which can be shipped directly. In some cases price quotations for concentrates and ore are available, i.e. iron ore, tungsten, and antimony concentrates or "yellow cake" 6, U 3 O 8, the end product of uranium mines.These quotations are supplied by the price lists of the weekly "Metal Bulletin", the ...

May 01, 2015· Some of the mining studies that I have worked on were for deposits containing multiple recoverable metals. For example Ag-Pb-Zn mineralization or Cu-Pb-Zn-Au-Ag mineralization. Discussions were held regarding whether to use a "metal-equivalent grade" to simplify the deposit grade or to use a Net Smelter Return ("NSR") dollar value.

Apr 09, 2014· Rye Patch Gold US Inc. controls over 75 square kilometres (30 sq. miles) of land, and has a 3.4 % Net Smelter Return (NSR) royalty from the Rochester silver mine .

According to NLZM, historically, the mine produced approximately 700,000 tonnes of ore, producing over 100,000 tonnes of lead and zinc concentrate, and over 1,000,000 ounces of silver, which would yield revenues in excess of US$100 million at current commodity prices after net smelter returns.

A Net Smelter Royalty (or Net Smelter Return) is a royalty that is a certain percentage of the revenue generated by the mine by selling its product, minus the expenses of producing the product ...

This photograph was probably taken around the time that the Mine and Smelter Supply Company opened this new store in 1894. The signs on the store's windows indicate some of the items sold by the company. The Mine and Smelter Supply Company may have been in business in Denver as early as 1860 at an unidentified location.

Aug 24, 2020· Nomad Royalty Company Ltd (OTCQX:NSRXF) is to buy Coral Gold Resources Ltd (CVE: CLH), giving it a sliding scale net smelter return (NSR) royalty on a top tier mining complex in Nevada, USA.. The firm has struck a definitive deal to acquire all of the shares of Coral for a total of around US$45.8 million. The purchase gives Nomad a net smelter return (NSR) royalty on Nevada Gold Mines ...

Sep 06, 2019· Ely Gold will retain a 1% net smelter royalty on 76 core claims and a 0.75% royalty on two leased claims. Castle West property; in Nevada to Bitterroot Resources Ltd. for $241,000 in payments over four years. Ely Gold retains a 3% net smelter return royalty on .

For mine planning, the copper price used to calculate block model Net Smelter Returns (NSRs) was US$3.00/lb. An elevated cut-off of US$100.00/t NSR was used to define the stoping blocks. A marginal cut-off of US$80.00/t NSR was used to define ore and waste. Indicated Mineral Resources were used to report Probable Mineral Reserves.

of mines in the county — all of which played some role in the mining history. Therefore, the mines mentioned in this booklet are the larger mines, the ... The net smelter return for this period was $1.4 million! They continued exploring, sinking the main shaft .

net smelter to mill amp mines. Net Smelter To Mill Amp Amp Mines . Net Smelter To Mill. Net Smelter To Mill Amp Mines Net smelter return QueensMineDesignWiki 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 per tonne of ore When these numbers are divided by the mill feed grade the copper .

Aug 13, 2020· In addition, the company's interest in revenues from the Lamaque mine is now at 1%, up from 0.85% previously. On the pre-production side, Osisko now has a 0.5% NSR (net smelter royalty) on O3 Mining's Marban property, up from 0.425% with an associated commercial production payment increased to $5 million, from $4.25 million.

Osisko holds a world-class portfolio of 130 royalties, streams and precious metal offtakes with industry leading growth profile. Osisko now holds 20 producing assets including the net smelter return royalty on the Canadian Malartic gold mine in Malartic, Québec and the world-class royalty on the Éléonore gold mine located in James Bay, Québec.

As a rule, a mine produces concentrates. In rare cases it mines rich ore which can be shipped directly. In some cases price quotations for concentrates and ore are available, i.e. iron ore ...

Net Smelter To Mill Mines. net smelter to millamp mines August 8 a net smelter returns royalty of 20 with respect to product mined at the Gold Road Mine and a 10 net smelter returns royalty on product processed at the Gold Road mill The parties expect to close the asset purchase agreement by the middle of Check price Contact Supplier. Get Price

1 day ago· VANCOUVER, BC / ACCESSWIRE / September 1, 2020 / Coral Gold Resources Ltd. (TSXV:CLH)(OTCQX:CLHRF) ("Coral" or the "Company") reports that Nevada Gold Mines ("NGM") continues to advance the Robertson Project in the Cortez region of Nevada where Coral retains a net smelter returns royalty (NSR). NGM recently delivered its summary of work completed in Q2 2020 at .

Aug 06, 2020· That will give Barrick a 12.4% ownership in Skeena, with options to increase it to 17.2% on the exercise of warrants. Barrick will also get a 1% net smelter .

Silver represented 40-50% of the Net Smelter Value of the operation over its history. Following the first systematic review of its geology in the late 1970s the mine started a strategic pivot towards its silver endowment but was shut down in 1981 before the benefits of this pivot could be realised.

A NET SMELTER ROYALTY HR 2262 GROSS VALUE ROYALTY: A NET SMELTER ROYALTY PAGE 1 OF 4 HR2262 provides that, subject to certain exemptions: "All locatable minerals from any mining claim [.] shall be subject to a royalty of 8 [or 4] percent of the gross income from mining."1 [emphasis added] HR2262's royalty is net smelter, not gross.

Jul 13, 2016· While underground mines may operate with more than one cut-off grade, they typically have a base case or break-even cut-off. In a polymetallic mine, the cut-off may be expressed as an 'equivalent grade' of the primary metal, or by the net smelter return (NSR) value .

Aug 28, 2020· The Sarape gold-silver project is located in the Rio Sonora valley of northern Mexico, an emerging gold-silver mining district. Hochschild will have the option to acquire a stake in the Sarape project by paying $5.35m and complete a $5m investment over a five-year period. Hochschild to grant 3% net smelter return royalty to Orogen

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.
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