📜 Mining Amendment Regulations (No. 3) 2017
Regulations24 Nov 2017 p. 5682-324 November 2017
Principal Act
These regulations amend the Mining Regulations 1981 to change the royalty rate payable for gold metal produced after 31 December 2017. The standard rate is set at 3.75%, with a reduced rate of 2.5% if the average gold spot price falls below $1400 per ounce.
Mining operators in Western Australia will be affected by the change in royalty rates for gold production. They will need to monitor the gold spot price to determine the applicable royalty rate each month.
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