Articles on Mining royalties

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Zimbabwe needs more responsible diamond mining companies, not fly-by-night operators. Reuters/Goran Tomasevic

Why Zimbabwe’s diamond mines need better regulation, not state ownership

Zimbabwe has said it will take over all diamond mining operations in the country. But what is needed to maximise revenues isn't state ownership, but improvements in existing regulatory practices.
Fortescue Metals Group founder Andrew Forrest has suggested iron ore miners cap production, but it might have been unnecessary had he supported a well-designed mining tax. Julian Smith/AAP

Why Twiggy Forrest should have got behind a super profits tax

Had the mining industry engaged differently on the proposed mining super profits tax, it would be in a better position today.
The facts about mining revenues and taxation in Australia aren’t as clear as they should be under global transparency benchmarks. AAP/Rebecca Le May

Why isn’t Australia signing up to mining revenue transparency?

It’s a far-from-perfect instrument of global governance. But as the Extractive Industries Transparency Initiative (EITI) coalition celebrates its 12th birthday, it can point to steadily increasing membership…
Given its parlous financial state, Queensland is within its rights to increase mining royalties. But why frame it as a surplus profits tax? AAP

Queensland coal: an accounting black hole

The Queensland Government has decided to raise coal mining royalties. Seems reasonable, doesn’t it? A review of Queensland Pty Ltd by Peter Costello revealed a precarious balance sheet. Time to get things…

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