Precious metals definition

Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.

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Precious metals means gold, silver, platinum and palladium, whether in the form of bars, coins, ingots, rods, rounds, alloy, sponge, grain, scrap, or shot, in each case with a metal fineness threshold of at least 90% and otherwise consistent with generally accepted standards of quality in the precious metals industry.

Precious metals means gold, silver, and platinum.

Examples of Precious metals in a sentence

In the case of Precious Metals shipped by the Royalty Payor Entities, other than in the form of doré, such credit shall be determined as the applicable Royalty percentage share of the applicable Monthly Production of Precious Metals shipped by the Royalty Payor Entities that are for the benefit of the Royalty Payor Entities and credited to the Payee’s account no later than 15 days after the last day of each calendar month.
The Royalty payable on Precious Metals or other Minerals subject to Hedging Activities shall be determined in the same manner as provided in this Section 3 and Sections 4 and 5, with the understanding that the Precious Metals or other Minerals subject to Hedging Activities shall be deemed to be part of Monthly Production, with the Monthly Average Gold Price, Monthly Average Silver Price or Monthly Average COMEX Price, as applicable, for such month being used in the calculation of the Royalty.
Purchaser and Seller are parties to the Precious Metals Purchase Agreement dated June 29, 2021 (such agreement, the “Base Stream”) for purchase and sale of a gold stream referenced to production from the Mine.
The Payee may only change its mode of receipt of the payments of the Precious Metals Royalty once per calendar year.
Notwithstanding the use of the Monthly Average Gold Price and Monthly Average Silver Price in the calculation of Net Smelter Returns, the Parties agree that receipt of in-kind credits by the Payee in compliance with this Section 5 shall constitute payment of the Royalty, notwithstanding any difference between the spot prices for gold and silver on the date of credit and the Monthly Average Gold Price and Monthly Average Silver Price, respectively, applicable to the Precious Metals credited.

More Definitions of Precious metals

Precious metals means gold, silver and all platinum group metals.

Precious metals means gold, silver, platinum and platinoid metals in an unmanufactured state, and includes all such slimes, concentrates, slags, tailings, residues and amalgams as are valuable and contain such precious metals;

Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium. “Property” means all tangible property, both real and personal.

Precious metals means gold bullion, and may be in the form of a bar, any artefact, or any other form said to be gold, or other similar precious metal.

Precious metals means gold, silver, platinum, palladium, and their alloys as defined in N.J.S.A. 51:5-1 et seq. and N.J.S.A. 51:6-1 et seq.

Precious metals means gold, silver, or metal of the platinoid group, in the unmanufactured state, all ores containing such metal, but not including ores containing any such metal in combination with another mineral where such metal cannot be worked apart from such mineral and the value of such metal is less than the cost of producing both the metal and the mineral;

Precious metals. ’ means precious metals as defined in the Precious Metals Act, 2005 (Act No. 37 of 2005);