Regulations on mines royalties under Section 64 read with Section 34 of the Mines and Minerals Act, No. 33 of 1992. Country/Territory Sri Lanka Document type Regulation Date 2009 Source FAO, FAOLEX Original source The Gazette of the Democratic Socialist Republic of Sri Lanka (Extraordinary) No. 1582/36, 1 January 2009, p. 1A. Subject Mineral resources Keyword Exploration Minerals Mining Royalties/fees 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 from time to time are hereby further amended in Regulation 33 by the substitution for paragraph (4) thereof of the following: “Royalties from sales or determined market value of mine output shall unless otherwise specified in the Mineral Investment Agreement be as percentage of that value, as follows : Precious metals: 5 per cent; Industrial minerals (not exported): 4 per cent; Industrial minerals (exported): 5 per cent; Building materials: 2 per cent; Dimension stone (Exported): 5 per cent; Base and other metals: 4 per cent. Full text English Website www.documents.gov.lk References - Legislation Amends Notification under Sub Section (1) of Section 32 of the Mines and Minerals Act No. 33 of 1992. Legislation | Sri Lanka | 2009 Keyword: Exploration, Minerals, Mining Source: FAO, FAOLEX