Mining Royalties Canada

The royalty financing technique is often used by mining companies when indicated reserves are in place and bridge financing is needed to complete further exploration and development work and to produce a “bankable” feasibility study.

About Canadian Royalties Since 2001, Canadian Royalties Inc. has discovered and delineated several potentially mineable nickel-copper-cobalt-platinum-palladium-gold deposits which collectively form the Nunavik Nickel Project.

The potash royalties relate to mining operations in Saskatchewan that collectively account for over 60% of Canada's potash production. A metallurgical coal royalty paid by Teck Resources Limited related to revenue generated from its Cardinal River operations.

MONTREAL, QUEBEC--(Oct. 5, 2016) - Osisko Gold Royalties Ltd (TSX:OR)(NYSE:OR) ('Osisko Royalties' or the 'Corporation') is pleased to announce that it has finalized its earn-in agreement transaction with Osisko Mining Inc. ('Osisko Mining'), which was announced on August 16, 2016.

May 29, 2018· Denver-based gold company Newmont Mining is trading its royalties and future purchase contracts to a Canadian business in exchange for a 28 percent ownership interest in the company and $17 million. Newmont (NYSE: NEM) announced the parternship deal with Maverix Metals Inc. (TSX: MMX) on Tuesday.

E. Deduction for Provincial Mining Taxes and Royalties 42 F. Functional Currency Reporting 42 G. Flow-Through Shares 42 H. Provincial Income Tax 43 I. Provincial Mining Taxes and Royalties 43 J. Other Considerations Relevant to Processing Minerals 43 K. More Information 43 Mining Operations 44 A. Project infrastructure 44 1. Port …

In June 2014, the royalty firm was spun out of a $3.7-billlion takeover of Osisko Mining Corp., which was one of the sector’s most successful companies of the past decade. Labrador Iron Ore is also a royalty company.

IFRS, mining: Metal streaming arrangements accounting Viewpoints: Accounting for precious metal streaming arrangements by the producer (Mining) Learn about factors that may be helpful in determining how to account for a …

Preparing for growth. Canada’s major mining companies have entered a period of relative stability after weathering a period of boom, bust and recovery.

This page explains how to report royalties you may have received in the year.

Government of Yukon - Information to provide guidance on interpreting the roaylty provisions of the Quartz Mining Act.

Ontario Teachers forms royalties joint venture with mining giant Glencore Canada's third largest pension fund will have a 50% ownership in BaseCore Metals

Former owner Osisko Mining refused to relinquish Canada's largest gold mine without a royalty stake ... and productive royalties. Osisko Mining had ...

Canada's mining tax ... Current Developments ... the opportunity to comment on a consultation document on mining royalties in the province of Quebec to be released ...

Mar 11, 2014· In Québec, as elsewhere in Canada, mining royalties are often granted, along with cash and/or share consideration, to sellers in property option transactions.

Ontario's mining royalties are “pitifully low” said MiningWatch Canada in an open letter to Ontario's auditor general.

Mining Royalties 3 Perspectives Mining Royalty as Compensation Not Tax In view of the approval of Peru's Royalties Law on mining activity and the debate that it has generated, the author invites readers to consider the essential nature of royalty and the arguments for and against its application in Peru. 1 by Jaime Consiglieri ..

But the mining industry and government officials argue that mining is a uniquely expensive enterprise and that focusing on royalties distorts the big picture. Defending royalty regime. The province's overall mining regulations are fair, …

The Kivalliq Inuit Association is putting together a strategic plan for the royalties it will be receiving for mining companies over ... ON Canada, M5W 1E6 . Toll ...

De Beers Canada paid $226 in mining royalties to the Canadian province of Ontario between 2013 and 2014, related to its world-famous Victor diamond mine, a special report by Canadian Broadcast Corporation (CBC) shows.

NOTE: This summary is intended to assist readers in understanding the mineral royalty regime used in Nunavut and the Northwest Territories. For an exact statement of the royalty requirements please see the Nunavut Mining Regulations and the Northwest Territories Mining Regulations.

Is this Canada's most diversified royalty company? Breaking it down by commodity, the royalty portfolio owned by Altius Minerals offers exposure to coal, iron ore, potash, nickel, uranium, cobalt, and copper.

Holders of royalties on mining claims in the common law provinces will cheer the Ontario Court of Appeal’s recognition of mining royalties as interests in land and its interpretation of the Dynex test.

KPMG is pleased to release the 3rd edition of A Guide to Canadian Mining ... a-guide-to-canadian-mining-taxation.html. Canada ... mining taxes and royalties on ...

This statistic displays the royalties, mining taxes, and similar mining-related payments to Canada from the year 2005/2006 to 2014/2015. In 2014/2015, the mining activity payments received by Canada totaled 1.5 billion Canadian dollars.

Based in Montreal, Quebec, Osisko Gold Royalties Ltd primary business focus is as an intermediate mining royalty and streaming company.

Our Business. People. ... 6 potash mines and 5 coal mines located in western Canada,and a royalty on ... Altius has successfully evolved into a diversified mining ...

Nor have provincial coffers reaped full benefits from the mining boom. Over the past decade the province has reduced taxation of the industry to the point where Ontario now has the lowest effective royalty rate (royalties as a portion of production values) of Canada’s mining provinces.

Mining Taxation in 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.

Jun 19, 2017· According to the Court of Appeal, for a royalty agreement to create a real right in mining claims, mining leases and/or mineral substances to be extracted, the granting of some "power that can be exercised directly on property" is required, and this must be done by dividing up the attributes of ownership and assigning one or more of …

Royalties are paid by the owner or the operator of a mine to compensate for natural resources that are extracted. The payment formula can be found in the Northwest Territories and Nunavut Mining Regulations.

Mining royalties can be imposed at the national level or provincial/state level of government. In most countries, the mining royalty rates vary by type of mineral.

Ontario's mining royalties are “pitifully low” said MiningWatch Canada in an open letter to Ontario's auditor general.

Barrick Gold Corporation is the largest gold mining company in the world with its headquarters based in Toronto in Canada. Barrick Gold is currently undertaking mining …

Glencore would bring royalty agreements from about 10 mines into the new vehicle, while Ontario Teachers’ Pension Plan would fork out nearly $350 million in capital. Rumours of Glencore planning a spin-off of its mining royalties portfolio into a standalone company have been circulating for months.

For Ian Ball, President and CEO of Abitibi Royalties, the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift.

The mining industry's payments to Canadian federal and provincial governments total $71 billion in taxes and royalties over the last decade (2003-2012). A global leader: Thanks to its rich geology, Canada is one of the largest mining nations in the world producing more than 60 minerals and metals.

BC3 The first tier royalty is creditable against the second tier (13%) mining tax. The total royalty/mining tax is the sum of the two tiers. BC4 A new mine allowance is available.