Regulations on mines royalties the Mines and Minerals Act, No. 33 of 1992.
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The Mining (Licensing) Regulation, No. 1 of 1993 published in Gazette Extraordinary, No. 794/23 of November 26, 1993, as amended are hereby further amended in Regulation 33 by the substitution for paragraph (4) thereof of the following: Royalties charged from sales or determined market value of mine output shall, unless otherwise specified in the Mineral Investment Agreement, be a percentage of that value, as following: Precious metals 7%; Industrial minerals (not exported) 6%; Industrial minera
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Regulations on mines royalties the Mines and Minerals Act, No. 33 of 1992.