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  1. $Title{Table 9.: Sample mining royalties calculation}
  2.  
  3.  
  4.      Examples of the calculation of mining royalties on zinc, lead, and
  5. silver included in a zinc/silver or lead/silver concentrate are shown below.
  6.  
  7.                                  Zinc         Lead           Silver
  8.                                  US $          US $             US $
  9.  
  10. Value of metallic content
  11. of concentrate               1,521,740       627,970         51,700
  12.                              _________       _______         ______
  13. Less:
  14.  
  15.     Notional production
  16.        cost                    191,304       130,435         38,800
  17.  
  18.     Notional realization
  19.        expenses                913,044       439,579         18,095
  20.                             __________      ________        _______
  21.                             (1,104,348)     (570,014)       (56,895)
  22.                             __________      ________
  23. Notional profit                417,392        57,956           --
  24.                             ___________     ________
  25.     Royalty payable             83,478        11,591           --
  26.                             ===========     =========       ========
  27.