Note: Mines Office shifted to Ground Floor of Institute Menezes Braganza, Panaji-Goa
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Rates of Royalty & Dead Rent-Major Minerals

 

Rates of Royalty

Iron ore
TypeGradeRate per Tonne
Fines65% and above19.00
FinesBelow 62%197.90
LumpsBelow 60%164.00
Lumps65% and above467.80
Lumps60% to 62%345.30
Lumps58% to 60%363.30
Lumps62% to 65%363.30
Fines62% to 65%445.60
LumpsBelow 55%259.90
Lumps55% to 58%259.90
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Manganese ore
TypesRates per Tonne
Ore of all grades3% of sale price on ad valorem basis
Concentrates1% of sale price on ad valorem basis


Bauxite ore
GradeRate per Tonne
Below 40%27.50
41%136.93


Laterite
GradeRate per Tonne
0.40% of London Metal Exchange Aluminium metal price chargeable on the contained metal in ore produced for those dispatched for use in alumina and aluminium metal extraction
Twenty percent of sale price on ad valorem basis for those dispatched for use other than alumina and aluminium metal extraction and for export


 
RATES OF DEAD RENT (APPLICABLE FOR ALL STATES AND UNION TERRITORIES EXCEPT THE STATE OF WEST BENGAL)
  • Rate of Dead Rent applicable to the Leases granted for low value minerals are as under
 
        (Rates of Dead Rent in Rupees per hectare per annum)
  
First two years of lease 3rd year onwards
100/- 400/-
 
  • Two times the rate specified under (1) above in case of lease granted for medium value mineral(s).
 
  • Three times the rates specified under (1) above in case of lease granted for high value mineral(s).
 
  • Four times the rates specified under (1) above in case of lease granted for precious metals and stones
 
       Note : For the purpose of this notification: -
 
  • “ Precious Metals & Stones ” means gold, silver, diamond, ruby, sapphire, emerald, alexandrite and opal
  • “High Value Minerals” means semi-precious stones (agate, gem garnet), corundum, copper, lead, zinc asbestos (chrysotile variety) and mica;
  • “Medium Value Minerals” means Chromite, Mn, Ore etc
 
  • Two times the rate specified under (1) above in case of lease granted for medium value mineral(s).