Under the Quartz Mining Act
579 KB, a royalty is a share of profits from a Yukon mine, reserved for the Yukon government as owner of the mineral rights, for permitting extraction of mineral resources. It is paid by a mine operator to the Yukon government. It is not a tax.
The Yukon government has developed Royalty regulations (OIC 2010/91) pursuant to the QMA that provide the mechanism for determining the roalty due on a mine in commercial production. Along with the regulation, an information sheet has been developed that provides a short form oveview. A more detailed guidebook to the regulation is under development and will be available soon.
If you have any questions regarding the royalty regime, please contact Mineral Resources Branch at 667-3422 or 667-8256.