Regulations on mines royalties the Mines and Minerals Act, No. 33 of 1992. Country/Territory Sri Lanka Document type Regulation Date 2013 Source FAO, FAOLEX Original source The Gazette of the Democratic Socialist Republic of Sri Lanka (Extraordinary) No. 1833/ 11, 23 October 2013, p. 1A. Subject Mineral resources Keyword Exploration Minerals Mining Royalties/fees Authorization/permit Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Abstract The Mining (Licensing) Regulation, No. 1 of 1993 published in Gazette Extraordinary, No. 794/23 of November 26, 1993, as amended are hereby further amended in Regulation 33 by the substitution for paragraph (4) thereof of the following: Royalties charged from sales or determined market value of mine output shall, unless otherwise specified in the Mineral Investment Agreement, be a percentage of that value, as following: Precious metals 7%; Industrial minerals (not exported) 6%; Industrial minerals (exported) 7%; Building materials 4%; Dimension stone (exported) 7%; Base and other metals 6%. Full text English Website www.documents.gov.lk References - Legislation Implements Mines and Minerals Act, No. 33 of 1992. Legislation | Sri Lanka | 1992 Keyword: Institution, Exploration, International trade, Minerals, Mining, Special fund, Transport/storage, Authorization/permit, Offences/penalties Source: FAO, FAOLEX