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Royalty Interest - Investopedia

Royalty Interest: In the oil and gas industry this refers to ownership of a portion of the resource or revenue that is produced. A company or person that owns a royalty interest does not bear any ...

royalty | Definition of royalty by Lexico

'Yunupingu, who is reportedly embroiled in a dispute with family members over the dispersal of mining royalties and grants, gave no details about the mine proposal or how it would be financed.' 'The financial structure of the Empire, with its king's land, crown land, royalties, burdens and gifts, is …

What is Mineral Royalties? definition and meaning

mineral royalties: A payment to the owner of mineral rights for the privilege of extracting the mineral from the ground based on a lease agreement. The royalty payment is based on a portion of earnings from production and varies depending on the type of mineral and the market conditions.

SOUTH AFRICA - MINING AND PETROLEUM ROYALTIES - …

SOUTH AFRICA - MINING AND PETROLEUM ROYALTIES - THE IMPOSITION AND CALCULATION By BETSIE STRYDOM (Director in the Tax Practice of the Corporate Department of BOWMAN GILFILLAN) The imposition of mineral and petroleum royalties ("mining royalties") in South Africa commenced on 1 March 2010 1 The Mineral and Petroleum Resources Royalty Act 28 ...

Royalties - definition of royalties by The Free Dictionary

Define royalties. royalties synonyms, royalties pronunciation, royalties translation, English dictionary definition of royalties. n. pl. roy·al·ties 1. a. A person of royal rank or lineage. b. Monarchs and their families considered as a group. 2. The lineage or rank of a monarch. ... especially of an oil or mining …

Mineral royalties and other mining- specific taxes - IM4DC

MIneral royaltIes anD other MInIng-speCIfIC taxes MIneral taxes Mineral royalty and tax types and their characteristics As special taxes for the mining sector are, in principle, directed at the net value of the mineral resource after the deduction of costs of production including normal …

Paying mining royalties - NSW Resources and Geoscience

Mining royalties in NSW are payable on minerals, which are divided into coal royalties, mineral (non-coal) royalties, and petroleum royalties. Mineral royalty returns and payment due dates are based on the mineral type. The following shows when the returns are to be lodged and the due dates. Mineral type. Lodgement frequency.

Financial reporting in the mining industry International ...

companies in the mining sector. The debate about specific guidance for exploration, evaluation, development and production of mineral resources continues. This publication does not describe all IFRSs applicable to mining entities but focuses on those areas that are of most interest to companies in the sector. The ever-changing

Royalty | Definition of Royalty by Merriam-Webster

Royalty definition is - royal status or power : sovereignty. How to use royalty in a sentence. royal status or power : sovereignty… See the full definition. SINCE ... an amount of money that is paid by a mining or oil company to the owner of the land the company is using. See the full definition for royalty in the English Language Learners ...

Royal Gold - Business Model - Metal Streams and Royalties

A royalty is the right to receive a percentage or other denomination of mineral production from a mining operation. Most of Royal Gold's royalties are based on production generated from a mine. For example, a 2.0% gross value royalty on a mine that produces 100,000 ounces of gold annually, would generate payments having a value of nearly ...

Mineral Rights | Oil & Gas Lease and Royalty Information

"Mineral rights" entitle a person or organization to explore and produce the rocks, minerals, oil and gas found at or below the surface of a tract of land. The owner of mineral rights can sell, lease, gift or bequest them to others individually or entirely. For example, it is possible to sell or lease rights to all mineral commodities beneath a property and retain rights to the surface.

Oil + gas law for beginners: understanding the Mineral vs ...

Oct 26, 2015· One common source of confusion is the language used to convey or reserve mineral and royalty interests. A "mineral interest" is the real property interest created in oil and gas after a ...

Royalty | Definition of Royalty at Dictionary.com

Royalty definition, royal persons collectively. See more. Dictionary.com; Thesaurus.com; Everything After Z. Word of the Day ... as a patent or oil or mineral right, for the use of it. an agreed portion of the income from a work paid to its author, composer, etc., usually a percentage of the retail price of each copy sold. ... Saving gorillas ...

Royalty Definition - Investopedia

Apr 06, 2019· A royalty is a payment to an owner for the ongoing use of their asset or property, such as patents, copyrighted works, franchises, or natural resources. The legal owner of the property, patent ...

A look at gold royalty companies - MINING.COM

Mar 31, 2012· Gold royalty companies provide upfront capital to developing gold mining producers to help with the expenditures of bringing the mine into production. In exchange for providing this upfront ...

Corporate income taxes, mining royalties and other mining ...

PwC Corporate income taxes, mining royalties and other mining taxes—2012 update 1 This summary of income taxes, mining taxes and mining royalties should allow the reader to roughly compare the various governmental costs of investing in a mining operation in a particular country. The countries included in this comparative

Royalties Law and Legal Definition | USLegal, Inc.

Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership (see Split estate). Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas.

Royalty Companies: A Safer Way to Invest in Mining ...

Over the past few years, royalty companies have been quietly building up their portfolios. And recent deals are with some of the largest mining companies in the world. These deals are likely to provide massive cash flow to royalty companies for many years. You see, in 2012 we were in one of the biggest bull markets for mining.

Royalty payment - Wikipedia

The revenue decimal, or royalty interest that a mineral owner receives, is calculated as a function of the percentage of the total drilling unit to which a specific owner holds the mineral interest, the royalty rate defined in that owner's mineral lease, and any tract participation factors applied to …

Mineral Royalties - Department of Mines, Industry ...

Under the Mining Act 1978, royalties are payable on all minerals. However, the definition of 'mineral' excludes the following where they occur on private land: limestone, rock or gravel shale, other than oil shale; sand, other than mineral sands, silica sand or garnet sand; clay, other than Kaolin, bentonite, attapulgite, or montmorillonite.

Royalty Interest Definition | Oil & Gas Glossary

Royalty Interest | definition A n interest in an oil and natural gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the ...

The Top Six Things You Should Know About Royalty Companies …

Jul 03, 2017· I think that now is a good time to take another look at royalty companies. Here are the top six things I believe investors should know about this specialized sector.

Mining Taxation in Canada | Natural Resources Canada

The mining industry is a highly cyclical and capital-intensive, with a long lead time between initial investment and commercial production. Accordingly, the federal and provincial income tax and provincial mining tax systems treat exploration and other intangible mining expenses generously.

Mining Royalties - ISBN: 0821365029

complex topic of how mining taxes are devised, assessed, paid, and ac-counted for. One of the main forms of government income from mineral exploitation is the royalty, most commonly characterized as the payment due to the sovereign owner in exchange for the right to extract the min-eral substance.

Royalties legal definition of royalties - Legal Dictionary

Royalty: Compensation for the use of property, usually copyrighted works, patented inventions, or natural resources, expressed as a percentage of receipts from using the property or as a payment for each unit produced. When a person creates a book, song, play, or painting, the work is considered Intellectual Property . Similarly, when an ...

How Royalties are Calculated - Oil + Gas

How Royalties are Calculated. Mineral Rights in Oil and Gas Lease. Oil and Gas Lease Negotiation. Oil and Gas Lease Terms. Oil and Gas Royalties. Description of Oil Lease. Oil Lease Sale. Oil and Gas Pooling. How Royalties are Calculated. Oil and gas leases contain a royalty clause. A royalty is the landowner's share of the gross production ...

Royalties financial definition of royalties

Definition of royalties in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is royalties? Meaning of royalties as a finance term. What does royalties mean in finance? ... Hard-rock mining royalties and the federal law.

What is royalty? definition and meaning ...

royalty: Compensation, consideration, or fee paid for a license or privilege to use an intellectual property (brand, copyright, patent, process) or a natural resource (fishing, hunting, mining), computed usually as a percentage of revenue or profit realized from the use. See also technology licensing.