Mining Royalties Hike

hikes gold royalties - MINING

Mining companies operating in Brazil are warning the government the recent approval of a bill that hikes royalties for iron ore and gold may end costing the country much more than what it would

Hike in mining royalties won't affect competitiveness

Quebec's natural resources minister said the government will proceed with raising mining royalties this spring, conceding it was impossible to reach a consensus at a mining forum on the issue

The Philippines hike mining royalties and expand bans

After months of intense debate among mining companies, environmentalists, local groups and church leaders, the government of the Philippines has decided to increase royalties from mining companies

Northern Territory's controversial mining royalty hike

The decision of the Northern Territory Treasurer Nicole Manison to increase royalties on the mining industry in the coming budget has dismayed many within the mining industry

Chile poised to hike mining royalties - The Globe and Mail

Chile is close to increasing mining royalties, the latest mineral-rich jurisdiction to push for a higher take of the wealth that comes out of the ground The lower house of the Chilean Congress

Western Australian gold royalty hike slammed by mining

A Western Australian Government decision to increase royalties for gold producers in its latest State Budget has angered the mining industry, which fears the move will close mines and cost jobs

Zambia pressed to reverse mining royalty hike - The Globe

The royalty hike has also been criticized by a wide range of groups, including the World Bank, the International Monetary Fund and Zambia's National Union of Mines and Allied Workers

Bolivia plans to hike mining royalties - The Globe and Mail

Bolivia's leftist government plans to raise mining royalties to take advantage of high global metals prices and to bolster the state's role in the industry, Deputy Mining Minister Hector Cordova

Gold industry leaves no stone unturned in battle over WA

That means the future of the royalty hike rests in the hands of the WA Liberals In a rare position for a party annihilated at an election just six months ago, the Liberals have the power to

Western Australia's gold royalty hike blocked again

The Western Australian government’s second attempt at increasing the royalty rate for gold miners has failed to pass in Parliament Under the revised scheme, the royalty rate would have

WA gold royalty hike 'to prompt cost cuts' - 9News

West Australian gold miners say they will be forced to cut costs if the WA state government doubles its mining royalty rate The WA government is reviewing its royalties regime, but small and

Northern Territory’s controversial mining royalty hike

Small Caps reported that the decision of the Northern Territory Treasurer Ms Nicole Manison to increase royalties on the mining industry in the coming Budget has dismayed many within the mining

Zambia scales back mining royalties to 9% - Zambian Mining

Zambia has approved a proposal to drop a recent and controversial hike in mining royalties and it is returning to a tax system based on profit in a fresh effort to try solving a six-month standoff with miners over the increase

Quebec mining royalties hike could be smaller than

MONTREAL - Quebec Finance Minister Nicolas Marceau said Friday he won't rule out smaller increases in mining royalties than the Parti Quebecois promised during the fall election campaignMarceau

Colombian bill seeks hike in oil, mine royalties | Metals

2010-11-23 · BOGOTA, Nov 23 (Reuters) - Two Colombian senators want to hike royalties paid by foreign oil and mining firms with a bill that would put Colombia …

Quebec’s proposed mining royalty rate hikes not as harsh

Quebec's proposed mining royalty rate hikes not as harsh as feared After months of threats, the Quebec government proposed increases to the province's mining royalty rates on Monday that are not

Brazil hikes mining royalties to ease budget deficit | Reuters

Royalties will increase by a set rate on diamonds, gold and other materials, while iron royalties will increase in tandem with the price of the mineral, gradually rising from 2 percent if the

Gold industry rallies against WA royalty hike, launches

Western Australia's peak mining body has launched a campaign against the state government's proposed royalty hike, launching a social media blitz as more than 1000 mining industry employees

Osisko Gold Royalties Reports Profit, Hike In Dividend

Find breaking precious metals mining news with Kitco News Mining Minutes Regularily updated, these briefs provide the latest company and mining equity updates on the gold, silver, and precious metals' mining

Government of Indonesia Postpones the Coal Royalty Hike

The government of Indonesia decided to postpone its plan to raise royalties for the country’s coal miners Bambang Gatot, senior official at the Ministry of Energy and Mineral Resources, said the government will not raise coal royalties yet given the sector’s current troubled climate (referring to low global coal prices)

Quebec’s proposed mining royalty rate hikes not as harsh

After months of threats, the Quebec government proposed increases to the province’s mining royalty rates on Monday that are not as harsh as many in the industry feared

Peru's Mining Royalty Hike: Investment Deterrent

Peru is a leading global producer of gold, silver, copper, zinc, lead and tin And since the country's mining sector generates much of its fiscal revenues (responsible for about 60% of exports

Mining royalties hike set to boost Govt coffers | The Herald

“In 2012, mining is anticipated to remain the major driving force behind overall economic growth, benefiting from further private capital injections, firm international commodity prices and

Royalties hike to hurt quarry operators in SA

The new state budget in South Australia has attracted some criticism over an increase in mining royalties The Extractive Minerals Royalty rate has been increased from 35 cents per tonne to 55 cents, an increase of 57 per cent

UPDATE 1-Brazil hikes mining royalties to ease budget deficit

(Adds details on regulations, background, comments, paragraphs 2-9) BRASILIA, July 25 (Reuters) - Brazil's government unveiled sweeping changes to its mining code on Tuesday, boosting royalties in the latest move to reduce a budget deficit amid a sluggish recovery from …

UPDATE 2-Brazil mulls mining royalty hike, goes nuclear

BRASILIA, Jan 7 (Reuters) - Brazil’s new government may hike mining royalties and approve four new nuclear power plants this year as it seeks to tighten its grip on one of the world’s fastest

Gemfields says it complied with Zambia’s request for

Based on Gemfields experience, the timing of the letter and almost immediate response required of the company indicates mining firms can expect short shrift following a national budget decision to increase the mineral royalty rates by 15%, introduce a fourth tier rate at 10% when the copper price exceeds $7,500 per tonne, and make royalties on minerals non-deductible for tax purposes

Zambia mines minister says mining royalty hike will remain

2014-12-30 · Zambia will hike royalty rates on open pit and underground mining beginning on Thursday, the country's mines minister said on Tuesday, despite industry concerns of …

Qld premier rules out another royalty hike - newsau

Qld premier rules out another royalty hike QUEENSLAND Premier Campbell Newman says he will not hike coal mining royalties again, as BHP opens a new coal mine in the Bowen Basin

NSW royalty hike rocks MRRT boat - newsau

The NSW hike comes after Western Australia announced earlier this year it would lift royalties on iron ore fines, a move that could cost the commonwealth $2 billion