• A Glossary of the most common mining terms

    May 04 2018 · Mill feed grade The grade of material fed at the mill. Mineralized zone An enriched zone of mineral deposits. Net smelter returns the value received for a mineral after refining less the cost of transporting the mineral to the refinery and the cost of refining.

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  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION

    Mill-A general term used to denote a mineral processing plant. Mineralization-The presence of minerals usually of potential economic significance in a specific area or geologic formation. Net Smelter Return (³NSR´)-The Net Smelter Return from a processed ore is

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  • New Jersey Mining Company

    Net Smelter Return ("NSR")-The Net Smelter Return from a processed ore is the value recouped from the mineral products less the costs associated with smelting refining and transport to the smelter. The NSR specifically does not permit the deduction of mining and milling costs.

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  • Execution Version NET SMELTER RETURNS ROYALTY

    (w) "Processor" means collectively any mill or other processor refiner or smelter of the Products which processes refines or smelts any Products to the final product stage before sale or other disposition by or for the account of the Owner. (x) "Products" means all ores minerals and mineral products mined produced extracted

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