RATES OF ROYALTY
1. Brown ilmenite (leucoxene), Ilmenite,
Rutile and Zircon
Two per cent. of sale price on ad valorem basis.
2. Dolomite Forty rupees per tonne.
3. Garnet Three per cent. of sale price on ad valorem basis.
4. Gold One and half per cent. of London Bullion Market
Association price (commonly referred to as
“London Price”) chargeable on the contained gold
metal in ore produced.
5. Limestone and Lime mud Forty rupees per tonne.
6. Manganese Ore Three per cent. of sale price on ad valorem basis.
7. Monazite One hundred and twenty-five rupees per tonne.
8. Sillimanite Two and half per cent. of sale price on ad valorem
basis.
9. Silver Five per cent. of London metal Exchange price
chargeable on the contained silver metal in ore
produced.
10. All other minerals not hereinbefore
specified.
Ten per cent. of sale price on ad valorem basis.
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