Long Descriptions from the FAQ about Mining Royalty in the Northwest Territories and Nunavut

Figure 1 Royalties Due for Profits Up to $50 million

Chart showing the total royalty collected on mine profits up to $50 million and what the royalties would have been if an average royalty rate of 13% were charged. The sum of the marginal royalty rates converges towards the maximum average rate of 13%.

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Mineral Exploration and Deposit Appraisal Expenditures by Commodity, 2010

Chart showing the convergence of the sum of the marginal royalty rates at a profit of $225 million and what the royalties would have been if an average royalty rate of 13% were charged. A mine with an annual profit greater than $225 million would thus be subject to the average royalty rate of 13% of total profit.

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