MANAGEMENT

NSW reports record royalties on back on high commodity prices

NEW South Wales mining royalties have surged to record heights due to strong and sustained demand for its mineral resources and ongoing high prices, including for gold and copper, and for thermal and coking coal.

NSW mining royalties should remain at high levels for the 2022-23 budget year with a forecast of over $2.2 billion.

NSW mining royalties should remain at high levels for the 2022-23 budget year with a forecast of over $2.2 billion.

Royalties are forecast to deliver a record $2.8 billion for the state in 2021-22, well up from the original forecasted $1.6 billion, and double the $1.4 billion collected in the last budget. The latest...

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