A royalty is a share of profits from a Yukon mine paid by the mine operator to the Government of Yukon as owner of the mineral rights.
Timelines
Annual royalty return filings are due by April 1 for the previous calendar year. Our accountant will review the filing and work with the company to make any updates to the return up to August 31. The royalty payment is due on October 1 of the same year as the filing.
Bellekeno Mine operated by Alexco Resources
Year |
Royalty paid |
2010 |
$0 |
2011 |
$351,525 |
2012 |
$372,588 |
2013 |
$0 |
2014 |
$0 |
2015 |
$0 |
2016 |
$0 |
2017 |
$0 |
2018 |
$0 |
2019 |
$0 |
2020 |
$0 |
2021 |
Royalty return filed and under review. |
Total |
$724,113 |
Eagle Gold Mine operated by Victoria Gold Corporation
Year |
Royalties paid |
2019 |
$0 |
2020 |
$0 |
2021 |
Royalty return filed and under review. |
Total |
$0 |
Minto Mine operated by Minto Metals Corporation
Year |
Royalties paid** |
2007 |
$0 |
2008 |
$1,503,491 |
2009 |
$5,917,904 |
2010* |
$3,965,522 |
2011* |
$1,390,535 |
2012* |
$225,940 |
2013* |
$113,018.14 |
2014* |
$1,437,266 |
2015* |
$135,773.55 |
2016 |
$14,367,764 |
2017 |
$4,367,057.98 |
2018 |
$0 |
2019 |
$0 |
2020 |
$0 |
2021 |
$160,300 |
Total |
$33,584,571.67 |
*Updated values based on 2010 to 2014 re-assessment and 2015 assessment.
**All Minto Mine royalties are paid to Selkirk First Nation.
Silver Hart project operated by CMC Metals Limited
Year |
Royalty paid |
2010 |
$0 |
2011 |
$0 |
2012 to 2021 |
No return required |
Total |
$0 |
Wolverine Mine operated by Yukon Zinc Corporation
Year |
Royalty paid |
2012 |
$0 |
2013 |
$0 |
2014 |
$0 |
2015 to 2021 |
$0 |
Total |
$0 |
3 Aces project operated by Golden Predator Mining Corporation
Year |
Royalties paid |
2016 |
$0 |
2017 |
$0 |
2018 |
$0 |
2019 |
$0 |
2020 |
$0 |
Total |
$0 |
If you have any questions about the royalty regime, phone the Mineral Resources Branch, 867-667-3422.