However, a sliding scale royalty formula would have been preferred as is common now - low royalty rate
of 2-4% at lower copper prices and a higher royalty rate
of 10% at higher copper prices, capturing or sharing windfall gains.
The royalty agreement states that the royalty rate
is 20% for the length of the patent but lowers the rate to 15% if the patent either fails to issue or expires.
Eagle Pharmaceuticals (EGRX) announced yesterday that it renegotiated its revenue arrangement with Teva (TEVA), whereby the royalty rate
on Bendeka sales would increase to 30% from 25% on October 1, 2019, and increase by 1% a year until the rate reaches 32%, Cantor Fitzgerald analyst Brandon Folkes tells investors in a research note.
DOF pushes uniform 5% royalty rate
for mining !-- -- Mary Grace Padin (The Philippine Star) - March 13, 2019 - 12:00am MANILA, Philippines The Department of Finance (DOF) has appealed for the Senate to adopt its original proposal for mining fiscal reforms, which is projected to raise about P7.2 billion in additional revenues in the first year of its implementation.
Suansing of Nueva Ecija, seeks to impose a uniform 5-percent royalty rate
across all mines operating inside and outside mineral reservations.
The court previously excluded Limelight's expert's reasonable royalty analysis because he failed to apportion an eight-percent royalty rate
to Akamai's revenues tied specifically to the 002 Patent.
The recommendations from members of the Royalty Policy Committee, many of whom come from the fossil fuel industry, suggest cutting the federal royalty rate
for deepwater drilling operations to the lowest possible rate the government can charge for such leases.
The government of Western Australia announced in early August that from January 1, 2018, a tiered royalty rate
will be introduced on gold production in the state, with the royalty rate
determined by the Australian dollar price of gold.
This review would analyze issues that include "how to account for the environmental and public health impacts of federal coal production; and how to ensure American taxpayers are earning a fair return for the use of their public resources." (6) Interior released its Scoping Report in January 2017 and committed to further analyzing potential royalty rate
increases for federal coal that would account for some of the externality costs of coal production.
The licenses initially specified a 29% royalty rate
on devices and a 15% royalty on leads.
Since 2005, the average royalty rate
across property types and product categories has been in the 8.6% to 8.8% range.
Oxbow, owner of the currently idled Elk Creek operation in Colorado, is holding on to a retroactive request for a reduction in its royalty rate
from both state and federal agencies, arguing it has mined coal since its initial 2012 submission that would have been too expensive to mine in the meantime if not for the upcoming reduction.