Re: JV Thoughts

Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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bluenoser

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Re: JV Thoughts

in response to

Re: JV Thoughts

Teck

posted on Aug 13, 2009 10:35PM

An NSR is a type of production agreement, and is essentially a lease agreement through which a company leases the minerals from the landowner (rather than buying the property), and pays the landowner a royalty based on the net value of the material. NSR stands for net smelter return.

This link provides a quick and dirty explanation of NSR's and other mining agreements.

http://masternaturalist.tamu.edu/page.asp?o=tmn&s=MN&p=110591

Cheers,

Bluenoser

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