ESG

AMEC aghast at NT's 2.5% royalty plan

THE Northern Territory's Labor government has released its 2018 budget and, in response to billions of dollars of cuts in funding from the Commonwealth, has flagged a new hybrid royalty scheme designed to ensure all mines pay a minimum royalty.

AMEC aghast at NT's 2.5% royalty plan

Soon after coming to power last year NT Chief Minister Michael Gunner announced a review of NT taxes and charges amid reports that Glencore's massive MacArthur River zinc mine has paid almost no royalties...

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