Mining Claim Royalties

Mining Claim Royalties

Retained royalties. Many of the mining properties that I sell either already have a retained royalty on them or one will be added by the seller. A royalty right does not give the owner of that royalty a right to mine or execute a lease to a mining company to mine. However if you (the new owner) mine or if you hire someone to mine, THEN a certain percentage (usually between 3 and 6%) of the revenue is paid to the royalty owner. The royalty owner CANNOT make you mine, so it is an interest that only kicks-in if mining is going on.

Click here to return to Mining Claim index page

Arrastra Basin Silverton CO patented mining claim


View Site Map – Durango Real Estate –

You Tube   Active Rain Blog   Facebook   Linked In

Rick Lorenz, Broker, CRS, ABR, CLHMS, CNE
Team Lorenz with The Wells Group Located at
901 Main Ave, Durango, CO 81301
Phone: 970-375-7007 800-955-0259 ext.1123

Copyright 1999-2016
All content is copyright protected as the intellectual property of Rick Lorenz