MARKETS

A taxing problem

LAWMAKERS are expected to make a decision on whether to extend West Virginia’s US14c per ton coal surcharge, set to expire in March next year.

Angie Tomlinson

Associated Press reported the Joint Standing Committee was taking into account the expected drop in coal mined in the state. West Virginia will likely produce about 130 million tons of coal a year after 2010, down from 140 million tons annually.

The tax was originally doubled in 2001 to finance the state's Special Reclamation Fund, which restores abandoned mine sites.

The council's advice is due by next year’s regular session.

TOPICS:

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.