ARCHIVE

Gold rate hike dislike

WESTERN Australia’s proposed gold royalty rate hike could stifle growth and investment within the gold industry and Western Australia and again demonstrates the economic damage caused by the GST distribution system and the need for reform, industry heads say.

Karma Barndon
Gold rate hike dislike

In last week’s budget the WA government proposed lifting the gold royalty 50% to 3.75% on all miners producing more than 2500 ounces a year. It also proposed removing the 2500oz tax-free threshold. It...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.