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Mining Amendment Regulations (No. 3) 2017 — Gold Royalty Rates

🔴 High UrgencyResources · Mining Permit

Amends mining regulations regarding gold royalty rates based on the average gold spot price.

Details

Act References
Amounts
$1,400 - gold spot price per ounce
Notice Date
24 November 2017
Effective Date
31 December 2017

Notice Text

These regulations amend the Mining Regulations 1981. The rate of royalty payable for gold metal produced after 31 December 2017 is 3.75% of the royalty value of the gold metal produced, unless the average gold spot price for a month does not exceed $1 400 per ounce in Australian currency, in which case the rate is 2.5%.

WA Government Gazette No. 219/2017 · 24 November 2017 · Page 14
View Gazette PDF - Page 14
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