Crown Minerals (Royalties for Minerals Other than Petroleum) Royalty Rate Notice 2015
This notice is issued pursuant to Regulation 15 of the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 and states the royalties for minerals as calculated in accordance with Regulation 15(1) of the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 for the reporting period 1 January 2015 to 31 December 2015.
1. Title—This notice is the Crown Minerals (Royalties for Minerals Other than Petroleum) Royalty Rate Notice 2015.
2. Application and Commencement—This notice applies to a holder of a Tier 2 exploration or mining permit for minerals for the 2015 reporting period.
3. Interpretation—(1) In this notice, unless the context requires otherwise:
2015 reporting period means the period 1 January 2015 to 31 December 2015.
minerals means the minerals obtained under a Tier 2 exploration or mining permit for minerals that are listed in column 1 of the table in clause 5 of this notice.
(2) Words used but not defined in this notice have the same meaning as words defined in the Crown Minerals Act 1991.
4. Adjusted Royalty Rates—The adjusted royalty rates for the 2015 reporting period are the rates listed in column 3 of the table in clause 5 of this notice.
5. Table of Royalty Rates
| Mineral | Current rate of royalty per tonne sold ($) | Adjusted rate of royalty per tonne sold ($) | Adjustment in rate of royalty per tonne sold ($) |
| Aggregate and construction materials (including rock, sand, and gravel for roading, building, fill reclamation, and protection purposes) | 0.11 | 0.11 | No change |
| Bentonite | 0.92 | 0.90 | -0.02 |
| Clay for brick and tiles | 0.11 | 0.11 | No change |
| Clay for pottery | 0.34 | 0.33 | -0.01 |
| Decorative/dimension building stone | 1.72 | 1.68 | -0.04 |
| Decorative pebbles | 0.34 | 0.33 | -0.01 |
| Diatomite | 1.72 | 1.68 | -0.04 |
| Dolomite | 0.23 | 0.23 | No change |
| Limestone for agriculture, cement, and industry | 0.23 | 0.23 | No change |
| Marl | 0.11 | 0.11 | No change |
| Perlite | 0.34 | 0.33 | -0.01 |
| Pumice | 0.11 | 0.11 | No change |
| Serpentinite | 0.34 | 0.33 | -0.01 |
| Silica sand for industry | 0.34 | 0.33 | -0.01 |
| Zeolite | 1.72 | 1.68 | -0.04 |
| Current rate of royalty per cubic metre sold ($) | New rate of royalty per cubic metre sold ($) | Adjustment in rate of royalty per cubic metre sold ($) | |
| Peat | 0.34 | 0.33 | -0.01 |
Dated at Wellington this 14th day of May 2015.
JAMES STEVENSON-WALLACE, General Manager (New Zealand Petroleum & Minerals), Ministry of Business, Innovation, and Employment (acting under delegated authority).
Explanatory Note
This note is for explanatory purposes only.
This notice sets the royalties payable by a holder of a Tier 2 exploration or mining permit for certain minerals for the period 1 January 2015 to 31 December 2015 (the 2015 reporting period). The royalties have been calculated and notified in accordance with Regulation 15 of the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 (SR 2013/206).