Earthworks

HR 2262 Gross Value Royalty: a net smelter royalty

HR 2262 Gross Value Royalty: a net smelter royalty

Published: February 27, 2008

By: Alan Septoff

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An explanation as to why the HR 2262 royalty, which is applied to the "gross value of mining" is actually a net smelter royalty.

Also, a short discussion as to why the HR 2262 type royalty is a superior policy choice to the mining industry championed "net proceeds" type royalty.

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