Mining Rehabilitation Fund Levy - payments are made through EFT. Exploration drilling continues to test under-explored structural targets lying between the Cleo, Duchess and Rebecca deposits. ... Newcrest, Greatland deliver on Havieron's accelerated timeline - Australian Mining, Share on FacebookShare on TwitterShare on Linked InShare by Email. Results show exploration potential for the circa 1 km of ground between the Duchess deposit (180 000 oz Au inferred resource) and Duke deposit (80 000 oz Au inferred resource). Global access to South Australia's key geoscience information, mining and exploration project information and streamlined business interactions. [WEBINAR] Essential rules of adopting AI in Mining and Metals, Lundin Mining announces 2020 production guidance, Trident Royalties provides Lake Rebecca Gold Project update. Infill and step-out drilling results considered very positive. Deterra, the country’s biggest listed mining royalty business, joins Australia’s top 200 listed companies after issuing about 528 million shares, which started trading at A$4.87 per share. Thursday, 14 January 2021 12:20. Topics: Legal obligations for business, Australian Business Licence and Information Service (ABLIS), Getting the right licences and registrations, Codes of practice, Business rights and responsibilities. Empress Royalty (CVE:EMPR) President ... Mining Australian Potash Lake Wells Gold JV partner St Barbara confirms... 1 hour, 30 minutes ago. Editorial Assistant Established in 1908, Australian Mining continues to lead and inform the Australian mining industry of the latest innovations in mining technology and equipment. Mining royalties can be imposed at the national level or provincial/state level of government. Email: enquiries@globalminingreview.com. Our department recognises the First Peoples of this nation and their ongoing connection to culture and country. Embed article link: (copy the HTML code below): This article has been tagged under the following: Australian mining news Acknowledgement of Country. High resolution photographic and topographic surveys flown to support future technical and project evaluation studies. Australian Strategic Materials well set to continue ‘mine to... 1 hour, 57 minutes ago. The bulk of Western Australian ore went to China, which imported 82 percent of the 2018–19 production, followed by Japan with 7.9 percent. Energy and Mining Mining Royalties A Global Study ofTheir Impact on Investors,Government,and Civil Society ... 3.6 Summary of Royalty Practices in Selected Australian Jurisdictions 89 Contents vii. Australian Mines and Metallica Minerals have come to an agreement regarding the two royalties that were not included in the purchase of the Sconi Project. Protect your business. Royalties Online System for Western Australian mineral and petroleum producers to electronically prepare, lodge and view royalty returns and production reports. in Australia. They hold over 200 mineral royalties and streams as well as over 200 oil and gas royalties. “These tax and royalty payments again demonstrate how the minerals sector had underpinned Australia’s prosperity for decades.” Iron ore helped last year’s record tax/royalty take The growth in taxes and royalties paid by miners has been generally strong over 11 financial years, reflecting the explosion of mine development and expansion kick-started by the commodity super-cycle. Title payment - Registration fee & Title administration fee. In the calendar year 2019, the Western Australian Government received A$4.9 billion in royalties from the iron ore mining industry in the state, 288% more than a decade ago in 2009. “The difficulty in Australia is mining companies pay a fixed fee – the tonnage tax and royalties – irrespective of how comfortable they are,” he adds. WEBINAR: Essential rules of adopting AI in Mining and Metals - February 23, 2021. Mining companies also paid $12 billion in royalties in 2017-18, providing total revenue to Commonwealth and State Governments of nearly $31 billion. Annual fee & Rent. Uranium is a small part of this economically, but in energy terms, uranium (4200 PJ in 2015-16) comprises about one-quarter of energy exports. Construct your own geological map and incorporate other mineral and petroleum exploration datasets including … Project highlights are summarised below. Research by Deloitte Access Economics reveals that Australian mining companies paid $18.6 billion in company tax in 2017-18, the highest since the mining investment boom in 2011-12. Latest advances in South Australian geoscience and resource sector news Pilbara Minerals has finalised its acquisition of the Altura lithium project. (was ISDX) Offshore mineral exploration and mining; Offshore oil and gas exploration and development; Offshore petroleum exploration acreage release process; Regulating offshore oil and gas in Australian Commonwealth waters; Regulating the Ranger Uranium Mine; Taxes and royalties on minerals and petroleum; Measurement. The Australian economy is unique in the OECD in that about 20% of GDP is accounted for by mining and mining services (in 2012). This content is available to members only. As mentioned earlier, Western Australia derives a substantial portion of its revenue from mining royalties and in turn this has an impact on its treatment in the allocation of GST revenue. This article looks at mining investment, the legal system applicable to mining, various mining laws, mineral ownership in, different types of mining tenements available, rights of miners to access land against landowners' rights, imposition of royalties and other taxes by the various levels of government, and rules and restrictions concerning foreign investment in Australia. Vox is a growth precious metals royalty and streaming company with a portfolio of over 45 royalties and streams spanning eight jurisdictions. Example down-hole intercepts include: Hole RCLR0729: 21 m at 2.45 g/t gold (Au) from 209 m, 7 m at 1.24 g/t Au from 285 m and 7 m at 2.09 g/t Au from 301 m. Hole RCLR0727: 30 m at 1.16 g/t Au from 143 m (Laura structure), 33 m at 1.46 g/t Au from 217 m and 15 m at 1.74 g/t Au from 255 m (Maddy structure). The Company was established in 2014 and has since built unique intellectual property, a technically focused transactional team and a global sourcing network which has allowed Vox to become the fastest growing company in the royalty sector. ( Corrie Barklimore / Flickr CC BY 2.0) London-headquartered Anglo Pacific Group is a royalty and streaming company that has 15 royalty and streaming-related assets across five continents. Save to read list Gold mining news. New drilling results from 12 holes at the Duchess deposit, located approximately 4 km south of Rebecca, has increased the understanding of the mineralised system, confirming, widening and extending the known mineralisation within the 900 m long and >400 m wide deposit footprint; best new down-hole intercept: 20 m at 1.64 g/t Au from 110 m in hole RCLR0700. Remote Indigenous communities in Western Australia may be saved from closure by mining royalties, if the cabinet agrees to a proposal from … Get started absolutely FREE in 2 minutes, no credit card required. Gold streaming and royalty companies do not own mines, and therefore they do not carry the risk of overhead related to gold mining operations. Since the completion of the royalty acquisition (announced 29 October 2020) Apollo has released technical and drilling updates for the project including the constituent Rebecca, Duchess, Duke and Cleo deposits (all of which are covered by the royalty). Lundin Mining Corp. has announced production results for the 3 and 12 months ended 31 December 2020. 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