11.   He also argues that higher royalty rates will create a steadier revenue flow for oil-dependent Venezuela.

12.   Meanwhile, Menem had good news for Australian mining companies that had feared they would be hit by higher royalty payments to an Argentine province.

13.   The company also expects higher royalty payments.

14.   The government acknowledges that higher royalties could dampen investment prospects in high-risk projects such as marginal fields in the Orinoco River belt.

15.   The higher royalty expense can make the difference between a profit and loss for chip makers.

16.   The record industry had sought higher royalties, saying more was needed to compensate artists and music labels for using their songs.