Australian Bureau of Statistics

Rate this page
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
1384.6 - Statistics - Tasmania, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 13/09/2002   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product  
Contents >> Mining >> Value of the mining industry >> Mineral royalties

Mineral royalties are the payment to the community for the purchase of the State's non-renewable resources, not a tax.

In Tasmania a sales and profit-based royalty applies to metallic and coal mines, while a production-based royalty is payable on non-metallic materials. The two-tiered metallic and coal royalty consists of an ad valorem percentage payable on net sales, and a formula-based percentage of profits.

Mineral royalties of $10.7m were paid in 2000-01, compared with $12.0m in 1999-2000. Contributing to this decrease was the closure in June 2000 of the Hellyer mine.

Previous PageNext Page

Bookmark and Share. Opens in a new window

Commonwealth of Australia 2016

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.