Sibanye-Stillwater to acquire the Santa Rita and Serrote mines

Sibanye-Stillwater Oct. 26 signed definitive purchase and sale agreements with affiliates of funds advised by Appian Capital Advisory LLP to purchase of both the Santa Rita nickel mine and the Serrote copper mine, located in Brazil, for a cash consideration of US$1.0 billion and a 5.0% net smelter return royalty over potential future underground production at Santa Rita

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(ii) In return for the transfer of its interest in the Chute-des-Passes Property, the Company grants Mines Coulon the right to receive a royalty of 0.5% of the net smelter income (net smelter ...

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In North American mining, one typically talks about two types of royalty interests: the net smelter returns royalty (NSR) and the net profits interest royalty (NPI). The NSR is described as a royalty calculated on the amount received by the mine or mill owner from the sale of mineral product to the smelter or treatment plant that converts the ...

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Kamoa-Kakula Copper Mine achieved Phase 1 commercial production on July 1, 2021; first phase projected to produce approximately 200,000 tonnes of copper per yearKamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnesIvanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper …

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We expect royalty and streaming finance to become increasingly important for financing base and battery metal mines across Africa in the years to come, as well as maintaining an important role in the. Originally Published by 'The Assay' 121 Mining Investment Group Magazine (Africa Edition - …

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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.

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On August 6, 2013, the Court of Appeal rendered a judgment regarding financing through mining royalties in the context of a bankruptcy. This was the first time that the Court of Appeal considered the nature of mining royalties (better known as Net Smelter Return) granted to lenders and the treatment of the latter in bankruptcy.This judgment establishes a legal framework governing the ...

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The first payment will be US$50,000 and the payment will increase by US$50,000 each year until a cap of US$500,000 is reached. Annual payments will then remain at the capped level until a mine reaches commercial production. At that point, a Net Smelter Return production royalty of …

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Sibanye Stillwater agrees $1 bln deal for nickel, copper ...

The precious metals miner said it had signed agreements with affiliates of funds advised by Appian Capital Advisory to buy both mines for $1 billion and a 5% net smelter return royalty over potential future underground production at Santa Rita.

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Ero Copper Corp. is pleased to announce its financial results for the three and nine months ended September 30, 2021. Management will host a conference call tomorrow, Thursday, November 11, 2021 ...

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"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 ...

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Nevada Gold Mines Completes Exchange Transaction to ...

(ii) In return for the transfer of its interest in the Chute-des-Passes Property, the Company grants Mines Coulon the right to receive a royalty of 0.5% of the net smelter income (net smelter return or NSR) on the Chute-des-Passes Property (the Coulon Royalty), half of which is redeemable for an amount of $ 125,000.

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Pancontinental drops battery metals projects to focus on 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.

News — Philippine Resources Journal

The mining project, once approved, "would be the largest in the Philippines and among the largest copper mines in the world," a company briefer said. It estimated an average yield of 375,000 tons per annum of copper and 360,000 ounces per annum of gold in concentrate over a 17-year period of mining and ore production.

Vox Provides Development & Exploration Updates and Renews ...

Pedra Branca PGM: Vox holds a 1% net smelter royalty on the Pedra Branca PGM project. On October 20, 2021, ValOre announced that 19 …

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Torr Metals Inc. Completes Qualifying Transaction with $4 ...

Immediately following the Amalgamation, the Company: (i) acquired the Gnat Claims from Brian and Steven Scott (the "Scott Brothers") in exchange for, on a 50% / 50% basis, the issuance of 400,000 post-Consolidated Shares of the Company to the Scott Brothers at a deemed price of $0.30 per share, the grant of a 2% a net smelter returns royalty to ...

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