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Refining Costs definition

Refining Costs means all costs and expenses of smelting and refining, including all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges and any other treatment or other processing charges or applicable penalties, discounts or costs;
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting the material (including insurance) from the Properties to the refinery or smelter, as the case
Refining Costs in any quarter means all costs and expenses of smelting and refining, including all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting, handling and insuring the material from the East Malartic Properties to the refinery or smelter, as the case may be;

Examples of Refining Costs in a sentence

  • If smelting or refining is carried out in facilities owned or controlled, in whole or in part, by the Payor or its Affiliates, then the Refining Costs shall be the amount the Payor would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Payor then offering comparable services for comparable products on prevailing terms.

  • Analysis of the Refining Costs and Associated Economic Effects of Producing 92 AKI Gasoline in the U.S. Refining Sector 3, Table S-1 (Oct.

  • Payor shall not deduct the costs of mining, milling, leaching or any other on-site processing costs (other than Refining Costs) incurred by the Payor or its Affiliates in the determination of Net Smelter Return.

  • Silver Revenue and Refining Costs Commencing January 1, 2006, the Company recognizes silver sales as part of its revenue due to the increase in silver ounces mined and the significant increase in silver’s market price.

  • Refining Costs and MarginsThe next stage in the supply of gasoline to Florida is the refining of crude oil into gasoline.

  • Note: Treatment and Refining Costs based on information from independent studies.

  • Silver Revenue and Refining Costs Commencing January 1, 2006, the Company began recognizing silver sales as part of its revenue due to the increase in silver ounces mined and the significant increase in silver's market price.

  • Upstream EBITDA 1Effect of acquisition of Bashneft of RUB 26 billion is included in items of revenues and expenses in 2016.2Percentage is calculated from unrounded data.3See section “Cost of Purchased Oil, Gas and Petroleum Products and Refining Costs and others”.

  • For Gold and Silver Bullion refined from Products and returned from a refinery (whether belonging to the Payor, its Affiliates or a third party) to the Payor, its Affiliates or to their account during an applicable calendar quarter, Net Smelter Return shall be deemed to be the Bullion Value less: (a) Refining Costs and (b) Taxes.


More Definitions of Refining Costs

Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom smelting, and refining, all independent representative and umpire charges, penalties, and other deductions, imposed or charged by the refinery or smelter, as the case may be. If smelting or refining is carried out in facilities owned or controlled by CRI or its Affiliates, then the Refining Costs shall be the amount the CRI would have incurred if such smelting or refining were carried out at facilities not owned or controlled by CRI or its Affiliates then offering comparable services for comparable products on prevailing terms.
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting the material concentrates or dore metal from the property to the refinery or smelter, as the case may be. I "Revenues" means the amount of revenues actually received by 777 from the physical sale of Other Products during the applicable period. In the case of physical sales to affiliates of 777, the revenues shall be determined on an arm's length basis. J. "Selling and Delivery Costs" means all costs and expenses incurred with, or in connection with, the transporting, insuring, stockpiling, warehousing, shipping, moving, selling and marketing of Valuable Minerals produced from the Property and the delivery of such minerals to the ultimate delivery to customers, including without limitation, all transportation costs, insurance costs and expenses, shipping and delivery costs, agency and brokerage fees and commissions, storage charges, and the costs of any currency conversions. K. "Taxes" mean all imposts, royalties, duties, assessments, and taxes (other than income taxes) imposed upon or in connection with producing, transporting and selling Bullion or Other Products by any federal, state or local governmental entity or subdivision thereof. II. Calculation and Payment of the NSR Royalty. A.
Refining Costs means all costs incurred in refining Raglan Project Accountable Metals and shall be that proportion of the total refining costs (including depreciation and the profit margin as assessed for Norwegian income tax purposes) charged by Falconbridge's Norwegian subsidiary's refinery for refining the metallurgical output from Falconbridge's Sudbury smelter, less any amounts allotted to the custom feed, that the Raglan Project Accountable Metals in the matte fed to Norwegian refinery, from the Sudbury smelter, bears to the total Raglan Project and Falconbridge Accountable Metals in the matte from the Sudbury smelter fed to the Norwegian refinery in a particular month;
Refining Costs means the Refining Costs referred to in paragraph 7.2.3.
Refining Costs means the actual and direct expenses (and no allocated overhead) of smelting and refining, including, all costs of assaying, sampling, custom smelting, and refining, all independent representative and umpire charges, penalties, and other deductions, imposed or charged by the refinery or smelter, as the case may be. If smelting or refining is carried out in facilities owned or controlled by the Buyer Parties or their respective Affiliates, then the Refining Costs shall be the amount the Buyer Parties would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Buyer Parties or their respective Affiliates then offering comparable services for comparable products on prevailing market terms, but in no event greater than the actual costs incurred with respect to such smelting or refining.
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom smelting, and refining, and all independent representative and umpire charges, penalties, and deductions imposed or charged by the refinery or smelter, as the case may be. If smelting or refining is carried out in facilities owned or controlled by the Grantor or its Affiliates, then the Refining Costs shall be the amount the Grantor would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Grantor or its Affiliates then offering comparable services for comparable products on prevailing terms.

Related to Refining Costs

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Manufacturing Costs means the costs of Processing that generate Manufacturing Proceeds received by Grantor.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Direct Costs means the sum of the following: