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Miners question need for new Vic mining laws

The Minerals Council of Australia, Victorian Division today questioned whether the Minerals Resources Amendment (Sustainable Development) Bill introduced into Parliament today by the Minister for Energy and Resources, the Hon Peter Batchelor, will increase exploration activity in the State.

Minerals Resource Rent Tax

Today?s proposal on a new Minerals Resource Rent Tax stands to deliver a positive outcome for Australia and its minerals industry. Although there is still considerable work to be done, this proposal should draw a line under the uncertainty created by the highly contentious Resource Super Profit Tax (RSPT) in the minerals industry, its communities, related businesses and capital markets.

Statement: Minerals Council of Australia

The Minerals Council of Australia (MCA) congratulates Prime Minister Julia Gillard on taking office and looks forward to working with her and her Government in the interests of the Australian minerals industry and all Australians.

KPMG - Supplementary Report

Potential financial impacts of the Resource Super Profits Tax on new mining projects in Australia.  1. Supplementary findings   2. Purpose of this report   3. Overview   4. Modeling findings   5. Limitations & reliance

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