Net Smelter Return is the net revenue that the owner of a mining property receives from the sale of the mine's metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty agreement.
Ok,I wasn't aware of Smelter Royalty.
Yee
Net Smelter Return is the net revenue that the owner of a mining...
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