Understanding Royalties: Payments for Using Assets Like Patents and Music
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Understanding Royalties: Payments for Using Assets Like Patents and Music
Discover how royalties work as payments to asset owners, including authors and innovators, for usage rights on patents, copyrighted works, natural resources, and more.
5 months ago
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Non-payment of royalties from the Rennell Baxuite mine is over SBD8.5 million dollars. Minister for Mines, Energy and Rural Electrification Hon.Derick Manuari announced in parliament when giving his ministerial statement on the issue. He explained that the outstanding royalty payments include SBD 4.3 million dollars to the Solomon Islands Government, SBD 3.4 million dollars due to the landowners, and approximately SBD 1.8 million dollars to the provincial government. This TV News package was fir
Non-payment of royalties from the Rennell Baxuite mine is over SBD8.5 million dollars. Minister for Mines, Energy and Rural Electrification Hon.Derick Manuari announced in parliament when giving his ministerial statement on the issue. He explained that the outstanding royalty payments include SBD 4.3 million dollars to the Solomon Islands Government, SBD 3.4 million dollars due to the landowners, and approximately SBD 1.8 million dollars to the provincial government. This TV News package was fir
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