Newcrest Mining has commenced early works at the Havieron gold-copper joint venture in Western Australia. Gold mining news.
Mining royalties can be imposed at the national level or provincial/state level of government. Early stage drilling shows good potential for future mineral resource definition. Thursday, 14 January 2021 12:20. Trident Royalties Plc, a growth-focused mining royalty and streaming company, has provided a technical update for the Lake Rebecca Gold Royalty (the royalty) over tenement E28/1610 which hosts the entirety of the 1 million oz Lake Rebecca Gold Project, currently owned and operated by Apollo Consolidated in Western Australia. Get started absolutely FREE in 2 minutes, no credit card required. Fine/Penalty - Late payment fee. Empress Royalty Corp. (CVE:EMPR) is the latest mining royalty and streaming company to come to... 12 hours, 17 minutes ago. Remote Indigenous communities in Western Australia may be saved from closure by mining royalties, if the cabinet agrees to a proposal from … Trident Royalties Plc, a growth-focused mining royalty and streaming company, has provided a technical update for the Lake Rebecca Gold Royalty (the royalty) over tenement E28/1610 which hosts the entirety of the 1 million oz Lake Rebecca Gold Project, currently owned and operated by Apollo Consolidated in Western Australia. ... Newcrest, Greatland deliver on Havieron's accelerated timeline - Australian Mining, Share on FacebookShare on TwitterShare on Linked InShare by Email. In 2012, the Western Australian State Government announced a Mineral Royalty Rate Analysis (Review) to review the State's mineral royalty system.The Review was conducted jointly by the Departments of State Development and Mines and Petroleum, with the final report released to … About Access; Interactive geological map (GeoVIEW.WA) An interactive, GIS-based mapping system. : AQUIS Exchange - London based stock exchange providing UK and international companies with access to European capital through a range of fully listed and growth markets. Register for free today ». Global Mining Review,
Depending on the mineral, the royalty rate payable under the Mineral Resources Regulation 2013 is either a percentage of the value of the mineral or a flat rate per tonne.. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018-19, a 26 percent increase on the previous financial year.. Western Australia's iron ore output for … Royalties for mining and resources. 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. Industry & services 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. 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). High-density# infill drilling results help to de-risk future mining studies, improving geological confidence in the Rebecca deposit resource modelling, especially around the margins of high-grade gold zones such as the Jennifer, Maddy and Laura structures. Exploration drilling continues to test under-explored structural targets lying between the Cleo, Duchess and Rebecca deposits.
Hole RCLR0680: 13 m at 2.96 g/t Au and 4 m at 2.97 g/t Au from 270 m. Hole RCLR0681: 9m at 3.81 g/t Au from 255 m. Significant new hanging-wall gold mineralisation identified to the west of the Jennifer structure; downhole examples include: Hole RCLR0731 with 7 m at 2.21 g/t Au from 312 m. Hole RCLR0682 with 18 m at 1.79 g/t Au from 168 m. Hole RCLR0681 with 15 m at 1.27 g/t Au from 85 m. New near-surface gold mineralisation identified; down-hole examples include: Hole RCLR0741 22 m at 1.31 g/t Au from 120 m. Hole RCLR0722 10 m at 1.22 g/t Au from 30 m, 8 m at 3.53 g/t Au from 43 m and 3 m at 8.22 g/t Au from 85 m. Apollo has stated that drilling along the 1.7 km long Rebecca deposit continues to demonstrate the strength of the mineralised system, confirming and building on the geological modelling and that the major mineralised structures remain open to depth and will be the focus of additional RC and diamond drilling during 2021. We acknowledge First Nations Peoples as the traditional Owners, Custodians and Lore Keepers of the world's oldest living culture and pay respects to the Elders past, present and emerging. Mining Rehabilitation Fund Levy - payments are made through EFT. Copyright © 2021 Palladian Publications Ltd. All rights reserved | Tel: +44 (0)1252 718 999 |
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. 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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.
"It is also encouraging to note that the royalty area shows prospectivity for the definition of further resources as highlighted by developments at the emerging Cleo deposit. The Minerals Resource Rent Tax (MRRT) was a tax on profits generated from the mining of non-renewable resources in Australia. 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). Here are the
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australian mining royalties
australian mining royalties 2021