The Department of Mines, Industry Regulation and Safety is advising industry that the temporary amendments to the Mining Regulations 1981, introduced in.
Troy Resources (ASX:TRY) faces delays in Guyana s first underground mine themarketherald.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themarketherald.com.au Daily Mail and Mail on Sunday newspapers.
Date Time
Department releases mining tenement position papers
Following recent court decisions regarding the administration of the Mining Act 1978 and Mining Regulations 1981, the Resource Tenure Division of the Department of Mines, Industry Regulation and Safety (DMIRS) has published a series of position papers.
The documents set out DMIRS’ policy in relation to various tenement administration matters.
An initial series of eight papers have been published, with the department planning to release more in the coming months.
The position papers should assist people applying for mining tenements and those maintaining existing granted titles.
/Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here.
Form 10-K JOSHUA GOLD RESOURCES For: Dec 31 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Lincoln Gold Mining Inc.: Lincoln in Discussions to Reduce Pine Grove Royalties
VANCOUVER, BC / ACCESSWIRE / January 20, 2021 / Lincoln Gold Mining Inc. ( Lincoln or the Company ) (TSXV:LMG) announces that it has entered into discussions with two of its partners that own patented claims within the Company s Pine Grove Gold Project located in Nevada. The discussions involve a reduction in the net smelter returns royalties (NSRs) that currently exist on production. At present, the NSRs range from 2.5% to 7% on the planned open pit areas. Discussions have involved the buy down of these royalties from 0% to 2% maximum.
As the Company gets closer to production, management felt that it was imperative to reduce or eliminate the NSRs to attract third party start-up financing for the plant and equipment. In this regard, Lincoln has been in discussions with several firms that have indicated their interest in financing the Pine Grove Gold Project if the NSRs could be reduced. The Company wi