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PRECIOUS METALS

Royalty relief

WHILE a Western Australian government review recommended boosting gold royalties from 2.5% to 3.75%, mines minister Bill Marmion said there would be no rate changes in this year’s budget.

Andrew Duffy
Miners have avoided a royalty rate hike this time around. Illustration: Rod Emerson

Miners have avoided a royalty rate hike this time around. Illustration: Rod Emerson

Marmion’s comments have been welcomed by the gold sector, which has spent months lobbying against a proposed royalty hike. In a statement this afternoon Marmion noted the review’s recommendations but...

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