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Government hikes royalty rates on minerals Economy

Aug 20 2014 · Government hikes royalty rates on minerals The government Wednesday gave nod to increasing royalty rates on minerals including iron ore and bauxite a longawaited move that will significantly swell the annual revenue of states

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Government hikes royalty rates on minerals The Economic

Aug 20 2014 · Almost all minerals including bauxite limestone zinc and copper would be impacted by new royalty rates States like Odisha have been asking for a steep hike in the royalty rates for the minerals While the royalty is collected by the states the Centre is

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Cabinet approves hike in royalty rates for minerals

The Cabinet chaired by Prime Minister Narendra Modi approved hiking the royalty for major minerals like iron ore to 15 per cent The proposal before the Cabinet was also to hike the rate of phosphates to 125 per cent from 11 per cent metallurgical bauxite to 06 per cent from 05 per cent and lead from 17 per cent to 145 per cent

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Miners dig in against Victoria’s gold royalty hike

The Minerals Council of Australia’s renewed push contained in a submission ahead of the Andrews government’s May budget comes as the Victorian opposition plans to move a disallowance motion against the royalty hike in the Legislative Council on Wednesday that

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Indonesia reportedly to hike royalties on minerals

Indonesia reportedly to hike royalties on minerals industry news 0428PM Dec 122019 Source SMM SHANGHAI Dec 12 SMM Indonesia will raise royalties on minerals including nickel copper and bauxite but lower the charges for processed products according to a Reuters report on Wednesday A 5 royalty will be imposed on sales of

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Govt hikes royalty rates on minerals Business News

Aug 20 2014 · The government on Wednesday gave nod to increasing royalty rates on minerals including iron ore and bauxite a longawaited move that will

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CCEA hikes royalty rates on 23 major minerals

The union cabinet on Wednesday has decided to hike the royalty rate of 23 minerals including iron ore and manganese Experts see this as a move to broker peace with states to clinch a deal on GST

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States to be richer by Rs 11000 cr as Centre plans hike

Jun 18 2014 · Mineralrich states like Orissa Chhattisgarh and Jharkhand have been demanding substantial hike in the royalty rates of major minerals including

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Odisha govt opposition welcome hike in mineral royalty

Aug 21 2014 · Reported by Chinmaya Dehury Bhubaneswar Aug 21 Welcoming the Union government’s decision to hike royalty on minerals Odisha steel and mines minister Prafulla Mallick today said the state expects to garner around Rs 2000 crore additional revenue per

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Mineral royalty hike applicable from 1st September

Sep 04 2014 · The central government reviews mineral royalty rates in every three years The last revision was done in 2009 and further review is due since 2012 because UPA government had hanged the decision On 20 Aug 2014 the NDA government cleared the proposal to hike mineral royalty rates

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Brazilian miners up in arms as lawmakers hike iron ore

Nov 23 2017 · Vale’s mammoth S11D iron ore mine The company said on Thursday that a hike in royalty rates for iron ore could compromise its ability to maintain high

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Texas RRC Royalties FAQ

If the property is mineral proceeds the fee may not include a portion of the underlying minerals or any production payment overriding royalty or similar payment Tex Prop Code Ann 74507 Please note that as of September 1 1996 the duties of the State Treasurer were transferred to the Comptroller of Public Accounts

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Gold sector says 3000 jobs will go under royalty hike but

The row comes ahead of a vote in State Parliament to determine if the Governments gold royalty hike survives Modelling released by the Chamber of Minerals and Energy CME suggests the royalty

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Gold explorer says Victorias royalty hike is only fair

May 27 2019 · Gold explorer says Victorias royalty hike is only fair Peter Ker it is a very small amount and at the end of the day the minerals belong to the state and we want to pull our weight like

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Miners dig in against Victorias gold royalty hike

The Minerals Council of Australias renewed push contained in a submission before the Andrews governments May budget comes as the Victorian opposition plans to move a disallowance motion against the royalty hike in the Legislative Council on Wednesday that

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Proposed Northern Territory mining royalty hike an

Apr 20 2018 · The new proposals intended to start from July 2019 will require mining companies to pay whichever is the greatest amount out of 1 per cent of a mine’s first mineral royalty year 2 per cent in

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ROYALTY RATES OF MINERALS Ministry of Mines

c Mineral rich States have urged for increase in the existing rates of royalty on various minerals Specifically with regard to Iron ore Andhra Pradesh Chhattisgarh Jharkhand Odisha Rajasthan have demanded a hike ranging from 12 to 32 on ad valorem basis from the existing royalty rate of 10 on ad valorem basis

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Western Australian gold royalty hike slammed by mining

Sep 08 2017 · Western Australian gold royalty hike slammed by mining industry “The decision to increase the gold royalty rate was based on a flawed mineral royalty

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Royalty rates for iron ore hiked to 15 Raipur News

Royalty rates for iron ore hiked to 15 to decide the rate of mineral royalty on the basis of market value and also to revise ironore royalty rate in proportion to its present market price

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Chhattisgarh Orissa see benefit in mineral royalty hike

Chhattisgarh Orissa see benefit in mineral royalty hike Goa bats for mining industry Chhattisgarh Orissa see benefit in mineral royalty hike Goa bats for mining industry Orissa is set to be the biggest beneficiary as its revenue from royalties is expected to jump to Rs 48799 crore from Rs 3249 crore

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Mineral Owners and Royalty Interests across the United States

Browse mineral owners royalty interests appraised values etc for oil and gas properties across the nation We have the most comprehensive database of mineral owners available

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NARO Home

Jack has delivered several presentations involving mineral and royalty management at NARO events He also works as an advocate for mineral and royalty owners at the State Capitol in Austin Texas giving testimony on the impact of legislation being considered to be made law

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Royalty on building materials may hit home buyers in MP

Royalty on building materials may hit home buyers in MP Your dream house may cost you a bomb It could significantly push your costs to build a new house if a cabinet decision by the Madhya

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Mineral royalty rates go up The Telegraph

Under Indian law royalty has to be paid by miners to state governments Officials said the states stood to gain Rs 4000 crore from the hike with total mineral royalty payout going up from approximately Rs 9400 crore to Rs 13400 crore

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Marble mine owners up in arms against royalty hike

JAIPUR The marble mines associations are up in arms against the state government’s decision to hike royalty for marble granite and other minerals by 29

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ABOUT US Paint Rock Royalty

ABOUT US Paint Rock Royalty was created in February team members have acquired interests across every major basin in the lower 48 states since its

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royalty hike News and Updates from The Economic Times

Mar 26 2014 · Royalty on minerals to states to swell by 41 per cent to Rs 13274 crore Mineralrich states like Odisha Chhattisgarh and Jharkhand will be the biggest beneficiaries of hike in royalty rates by the Union Cabinet 21 Aug 2014 0531PM IST

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