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Tax considerations for mining companies
 
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Brad Gordica, Deloitte Canada's Tax leader for the mining industry, talks about tax considerations for mining companies. High commodity prices and a return to profitability have brought taxation issues to the fore. As tax authorities pursue a greater share of tax revenues from mines operating in their jurisdictions, mining companies must be prepared. (http://www.deloitte.com/ca/mining-trends )
Views: 309 Deloitte Canada
Mining companies dig deep against tax
 
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Mining industry leaders have met in Brisbane and voiced ongoing opposition to the Federal Government's resources tax legislation.
Duterte to mining firms: Face closure if you pay NPA tax
 
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President Rodrigo Duterte on Tuesday, November 21, warned mining companies and other groups paying revolutionary tax to stop giving in to demands of communist rebels or else he would shut them down. FULL STORY: https://www.rappler.com/nation/189154-duterte-mining-companies-npa-revolutionary-tax?utm_source=youtube&utm_medium=referral&utm_campaign=nation
Views: 511 Rappler
Mining tax discontent lives on in smaller companies
 
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Junior mining companies have given Resources Minister Martin Ferguson a hostile reception.
40% Profit Tax on Mining Companies!
 
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The Rudd government has decided to tax the mining industry of Australia by hitting them with a 40% super profit tax. The government says that the companies are making a super profit from the resources of Australia ,so they will be tax further than they are already being taxed. Here is a link the a news article about this http://www.news.com.au/business/rudd-may-give-ground-to-miners-as-industry-holds-crisis-talks/story-e6frfm1i-1225862349627
Views: 4483 GrahamAndFriends
Tax woes for mining companies
 
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Greens Leader Bob Brown has cause ire for the mining industry, indicating the carbon tax must ultimately see the mining industry closed.
Anger at Australia mining tax
 
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Subscribe to our channel http://bit.ly/AJSubscribe The Australian government has proposed a "super-profits" tax for giant mining corporations in its annual budget released on Tuesday. The country escaped the global economic slump almost completely unscathed, thanks largely to its massive mining industry. A proposal to impose a 40 per cent tax on "super-profits" made by mining companies has now prompted an uproar among industry players. Al Jazeera's Harry Fawcett reports, from Kalgoorlie in Western Australia. (11 May, 2010) At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 5533 Al Jazeera English
Abbott and the Mining Tax - some mining companies don't even pay any corporate tax.
 
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This video isn't strictly about Tony Abbott, but it does highlight the fact that some mining companies are making billion dollar profits and not paying a cent in corporate tax. One of the harshest critics of the Mining Tax (apart from Abbott) is Fortescue Metals. It has now been revealed that they haven't paid any corporate tax in 7 years. Tony Abbott believes that companies like Fortescue Metals shouldn't pay any additional tax - even when they don't pay in a cent in tax and haven't done so for many years. My heart goes out to people like Twiggy Forrest - he's obviously doing it hard.
Views: 175 phonytonyabbott
Zambian miners paying more tax than mining company
 
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Some miners in Zambia paid more tax than the multi-national mining company they worked for. So how do these corporations get away with it? And how does it affect life for ordinary Zambians? From the Taxcast, the monthly 15 minute podcast from the Tax Justice Network. For more Taxcasts with news and analysis of events in the tax haven world, go to www.tackletaxhavens.com/taxcast Produced by @Naomi_Fowler
Views: 1045 Tax Justice Network
Why Isn't Congo as Rich as Saudi Arabia? Massive Tax Evasion
 
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The Democratic Republic of the Congo is rich in natural resources, yet the average citizen lives on only 72 cents a day. The foreign mining companies are getting rich while the general population is living in poverty. Many Congolese citizens are diging through the dirt on their hands and knees in search their fair share of the countries natural minerals. While there are taxes on the mining companies who benefit from the countries resources it is proving difficult to actually collect the money that is owed. Vocativ spoke to one tax inspector who explained that tax evasion and government fraud is rampant throughout the mining industry. So it seems that until those benefiting from the countries natural wealth start paying their fare share, many average citizens will have to continue digging through the mud to get by. Subscribe! http://www.youtube.com/subscription_center?add_user=vocativvideo See more on our website: http://www.vocativ.com Follow us on Twitter: https://twitter.com/vocativ Like us on Facebook: https://www.facebook.com/Vocativ
Views: 190111 Vocativ
Environment Sec. Cimatu agrees to increase excise tax of mining companies
 
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Environment Secretary Roy Cimatu agrees to increase the excise tax of mining companies. For more videos: http://www.untvweb.com/video/ For News Update, visit: http://www.untvweb.com/news/ Check out our official social media accounts: http://www.facebook.com/UNTVNewsRescue http://www.twitter.com/untvnewsrescue https://www.youtube.com/UNTVNewsandRescue Instagram account - @UNTVLife Feel free to share but do not re-upload.
15,300 abandoned mines in QLD - Tax payers problem
 
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big mining companies, like Rio Tinto, are cutting corners when it comes to the closing down of their hazardous mines. As a result of this, Queensland now has some 15,300 registered abandoned mines, sitting there. Which will now be the Queensland taxpayers responsibility to clean up, due to coal and mining companies finding ways to avoid and delay their land rehabilitation responsibilities. Links: https://d3n8a8pro7vhmx.cloudfront.net/lockthegate/pages/3595/attachments/original/1476988533/Abandoned_Mines_in_QLD_11_Oct_FINAL.pdf?1476988533 https://envirojustice.org.au/sites/default/files/files/EJA_Dodging_clean_up_costs.pdf Petition: http://www.lockthegate.org.au/minerehab ANA: https://www.activist-news.com/ https://steemit.com/@activist-news https://www.patreon.com/activistnews Music: Lightless Dawn by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100655 Artist: http://incompetech.com/
Views: 897 Activist-News
Why is Singapore's Tax Regime so Ideal for Energy and Mining Companies
 
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contact www.inproved.com and one of our Tax consultants will be with you shortly.
Views: 10 Johnson Koh
eNCA | Impending Laws to Increase Tax on Mining Companies in Tanzania
 
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For more stories visit http://www.enca.com/videos Johannesburg, October 29 - AngloGold Ashanti says it is concerned about its operations in Tanzania. The company expects its taxes to double to around R1.7 billion this year, due to the likely implementation of mining laws, that will increase royalty payments to government.
Views: 84 eNCA
Telfer workers on the new WA gold tax
 
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Workers from Newcrest’s Telfer mine in the Pilbara explain why the WA Government’s new gold tax will be bad for the industry, Telfer mine, and the state.
Views: 1401 NewcrestMiningVideos
Mining union welcomes tax deal
 
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CFMEU national president Tony Maher says the Federal Government got a good result out of a tax deal with mining companies.
New tax issues faced by mining companies - Tracking the trends 2012 (part 1)
 
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Brad Gordica, Tax Partner at Deloitte Canada discusses tax trends for the Mining Industry in 2012. Tracking the Trends 2012 is Deloitte's report on the top 10 trends in the mining industry for 2012. For more information and to download the report, visit: http://ow.ly/9nXxV Also, be sure to engage with Deloitte Canada on: http://bit.ly/TwitterDeloitte http://on.fb.me/FacebookDeloitte http://linkd.in/LinkedInDeloitte
Views: 199 Deloitte Canada
Acacia Mining in negotiations with government over tax dispute
 
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One of the world's biggest mining companies has started negotiations with the Tanzanian government to resolve a multimillion-dollar tax dispute. Acacia Mining denies evading tax. However, a presidential committee report has found the country has lost 48 billion dollars in unpaid taxes to mining companies. Daniel Kijo has more. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 2671 CGTN Africa
Anti-mining tax ads to return
 
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The Association of Mining and Exploration Companies is to relaunch its advertising campaign against the Federal Government's proposed mining tax.
Views: 1154 ABC News (Australia)
Miners launch anti-tax campaign
 
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The mining industry will launch four new television advertisements campaigning against the Federal Government's proposed resources tax.
Zambia Mining Royalties and Taxes Dominate Discussions at the INDABA
 
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It seems Zambia might have to rethink its decision on mining taxes and royalties. Mining royalties quadrupled last year and this year the government implemented a 30% mining tax for companies. The timing couldn't be worse as mining companies are already struggling with falling commodity prices. Sumitra Nydoo has this report from the Mining Indaba in Cape Town.
Views: 312 CGTN Africa
Philippine mining industry unfazed by tax hike
 
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The Philippine mining industry is ready to face the year ahead, despite the looming increase in mining taxes. - Business Nightly, ANC, December 19, 2017 Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews
Views: 671 ABS-CBN News
Tanzania gov’t pressuring mines to renegotiate contracts after tax dodge claims
 
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Tanzania is keen on passing legislation that will force all mining, oil and gas companies to renegotiate their contracts and pay more tax. The government says it wants the country’s natural resources to bring more benefits to its people, after accusing mining companies of stealing 48 billion US dollars in tax. But the move has been condemned by private firms who say they already pay their fair share to the public purse. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 774 CGTN
Duterte warns mining companies: Clean up your act or I will tax you to death
 
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President Rodrigo Duterte warns mining companies: Clean up you act or I will tax you to death
Views: 119 PolitikoTV Channel
Heffernan Says Australia Mining Tax `Far From Done Deal': Video
 
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May 5 (Bloomberg) -- Michael Heffernan, client adviser with Austock Securities Ltd. in Melbourne, talks with Bloomberg's Susan Li about proposed changes to Australian federal mining industry taxes and its potential impact on resources companies. Heffernan also discusses Australian stocks and investment strategy. (Source: Bloomberg)
Views: 101 Bloomberg
Mining Finance and Taxation in Africa
 
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(www.abndigital.com) With the growing global demand for resources and the wealth of natural resources to be found in Africa, there has never been more activity by international companies on the continent in their search for previously undiscovered and under-developed deposits. Joining us now to discuss mining finance and taxation in Africa is Ursula van Eck, Director and External Audit Assurance Partner at BDO Spencer Steward.
Views: 114 CNBCAfrica
Income Tax raid at Gali Janardhan Reddy's mining firm
 
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The Income Tax sleuths today raided former Karnataka minister Gali Janardhan Reddy's Obulapuram mining company in Bellary. The income tax raid comes five days after the lavish wedding of the mining baron's daughter raised eyebrows for its pomp and grandeur.Sources said a number of documents have been found and are being examined. Reddy, a former BJP minister and one of the richest politicians in Karnataka, is one of the main accused in the Bellary illegal mining scam. He is on bail after languishing for 40 months in jail for his alleged involvement in the multi-crore mining scam that rocked the southern state in 2010-11. ‘DD News’ is the News Channel of India's Public Service Broadcaster 'Prasar Bharati'. DD News has been successfully discharging its responsibility to give balanced, fair and accurate news without sensationalizing as well as by carrying different shades of opinion. Follow DD News on Twitter (English): https://twitter.com/ddnewslive Twitter (Hindi):https://twitter.com/DDNewsHindi Face Book: https://www.facebook.com/DDNews Visit DD News Website (English): www.ddinews.gov.in Visit DD News Website (Hindi): http://ddinews.gov.in/Hindi/
Views: 12112 DD News
Peru: tax evasion investigation opens into US mining firm Yanacocha
 
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In Peru, an investigation was presented to parliament against the US mining firm Yanacocha for tax evasion. According to the document presented, the company reported unnecesary and non-existent costs of up to 5 billion dollars, which lowered their income tax by 2 billion dollars. Members of congress say that the investigation should be performed by the congressional Oversight Commission, because it may implicate officials in the National Superintendency of Tax Administration (Sunat), who they propose to call to testify. teleSUR. http://multimedia.telesurtv.net/v/peru-investigan-a-minera-de-eeuu-por-evasion-fiscal-en/
Views: 48 TeleSUR English
Tax administrators warn of effects of tax evasion in mining sector
 
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The Minerals and oil sectors should ideally make lots of money for African governments yet this is undermined by the tax leakages by the multi national companies that win concessions in African. According to the African Tax Administration Forum, any growth of tax base must keep a keen eye on the the minerals sector. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 173 NTVUganda
DR Congo government reinstates value-added tax on mining imports
 
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In the Democratic Republic of Congo, value-added tax has been reinstated on mining imports amid a deteriorating business climate. The government suspended the tax in July 2016 to help companies during a downturn in commodity prices. And to pay out hundreds of millions of dollars in outstanding reimbursements. But it's now reversed that decision in an effort to counteract stubbornly low commodity prices. The Congolese franc has lost over 30% of its value in the past year and the central bank has about three weeks' left of import cover. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 102 CGTN Africa
Bartrop Sees New Tax Impacting Australian Mining Stocks: Video
 
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June 1 (Bloomberg) -- Stephen Bartrop, managing director at LimeStreet Capital, talks with Bloomberg's Susan Li about how Australia's proposed resources profit tax may affect the nation's mining industry. Borrowing costs may rise as much as 3.5 percent for mining companies whose creditworthiness is weakened as a result of Australia's proposed 40 percent profits tax, the Australian Financial Review reported, citing bank analysis obtained by the newspaper. Smaller companies, which borrow against future cash flows, are expected to be hit hardest, the Review said. (Source: Bloomberg)
Views: 156 Bloomberg
Should mining taxes be raised?
 
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RAPPLER BUSINESS: http://www.rappler.com/business The 2013 Mining Conference opens today, highlighting a key issue: whether or not taxes that mining companies pay should be raised. Judith Balea reports.
Views: 404 Rappler
Anti-mining tax ads to return
 
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The Association of Mining and Exploration Companies is to relaunch its advertising campaign against the Federal Government's proposed mining tax.
Views: 2922 ABC News (Australia)
ПОЧЕМУ ЦЕНА НА БЕНЗИН ЗАВЫШЕНА В 20 РАЗ. КАКАЯ РЕАЛЬНАЯ СТОИМОСТЬ ТОПЛИВА И ПРИЧЁМ ТУТ ЦЕНА НА НЕФТЬ
 
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Материал по теме https://www.kramola.info/vesti/metody-genocida/kakova-realnaya-sebestoimost-1-litra-benzina Какова реальная себестоимость 1 литра бензина в Росссии? На сегодняшний день средняя стоимость бензина 45 рублей, а в Москве и Московской области уже стоят заправки с бензином по 50 рублей. Повышение цены на бензин и дизель это всегда повышение цены на все товары и в первую очередь на продукты питания. Но кто из нас задавался вопросом, какова реальная себестоимость бензина? Перед тем, как ответить на этот вопрос, давайте вспомним цены на бензин 20 летней давности, что было на заправках в 98 году. Цена на бензин колебалась на уровне 2-6 рублей и к 99 году стабилизировалась на уровне 7 рублей. В результате за последние 20 лет цены на бензин выросли в 10 раз. Стоит отметить, что бензин продавали по 2 рубля за литр, и это было выгодно, это не было убыточным для добывающих компаний. С 98 года стоимость барреля нефти стала расти, так в 98 цена была 12 долларов за баррель, в 2000 - 28, в 2005 - 54, на пике нефть марки брент продавалась по 135 долларов за баррель. Вместе с ростом барреля нефти, росла цена на бензин. Но в наше время анекдотичной стала ситуация, когда стоимость нефти падает, но рост цены на бензин продолжается. Почему так? Первая причина — это продажа бензина внутри страны по рыночным ценам. Предположим, государство продаёт внутри страны бензин дешевле. Возникает риск, что дешевый бензин тоннами будут вывозить из страны. Но почему-то в Венесуэле бензин в рознице продают дешевле одного рубля, и его никто не вывозит. Во всех добывающих странах стоимость бензина внутри страны на порядки ниже, чем на мировом рынке. Вот примеры в переводе на рубли: в Саудовской Аравии бензин стоит 14 рублей, в живущем под санкциями Иране 20 рублей. Автор материала Алексей Симаков - https://www.youtube.com/channel/UCibbI5uetAJgx3qP_7Y2jrg Допустим, что государство всё таки не может закрыть на границе вывоз дешевого бензина, но тогда можно сделать для населения торговый вычет. Купил россиянин бензин на заправке, показал паспорт и получил 90% скидку, а всем иностранным гражданам и тем, кто покупает бензин цистернами - можно продавать по прежней обычной цене. Вторая причина — это непомерное обложение налогами населения и любвеобильное отношение к добывающим компаниям. Так мы, как конечный потребитель оплачиваем 60%-ый налог от стоимости бензина. При этом налоговая нагрузка на нефтедобывающие компании в разы ниже и не превышает 30%, а в среднем находится на уровне 20%. Так, Роснефть и Сургутнефтегаз отдают в казну 30% от выручки, Татнефть 25%, Газпром, Башнефть 20%, НОВАТЭК 15%, Лукойл и ННК 10%. Что это? Какие 10%? Для примера в Арабских Эмиратах доля поступающих денег в казну от выручки составляет 90%. и в целом по миру доля налоговой нагрузки на нефтяные компании держатся на уровне 70-75%, но не как у нас 10-30%. И так, за два десятилетия цена на мировом рынке выросла в 10 раз, но это не значит, что стоимость добычи нефти выросла на 10 порядков. Нет, напротив, нефтедобывающие компании только снижают издержки и затраты на добычу. Так из средств массовой информации можно услышать, что стоимость добычи нефти в России равняется 20$ за баррель. А что думают на этот счет нефтяники? Не так давно Глава "Роснефти" Игорь Сечин оценил себестоимость добычи на месторождениях компании в менее чем в три доллара за баррель. Также ушедший с поста зам министр энергетики Кирилл Молодцов говорил, что себестоимость добычи барреля нефти составляет в среднем около двух долларов, по трудноизвлекаемым запасам и шельфовым проектам — 20 долларов. Получается, себестоимость нефти 2-3$, а стоимость добычи нефти в 20$ это лишь единичные скважины. И это слова не жёлтой газетёнки, а слова нефтяников, министров, топ-менеджеров компаний. Также можно СМИ уличить в обмане по стоимости нефтепереработки, так нам говорят, что из нефти вырабатывается только 20% бензина в связи с низкой технологической базой и поэтому в России высокая стоимость нефтепереработки. А что думает на этот счет заместитель министра энергетики Антон Инюцын, цитируем: - "За счет низкой себестоимости добычи нефти, три-восемь долларов за баррель, и роста глубины переработки с 70 до 80% (а на ряде НПЗ – выше 98%) наша ресурсная база остается одной из самых конкурентоспособных в мире". Другими словами, данные по себестоимости переработки нефти приукрашены в 5 раз. И так, давайте посчитаем, реальную себестоимость российского бензина. Со слов нефтяников, 2-3$ это затраты на добычу одного барреля нефти, возьмем большую величину в 3$. Стоимость доллара на данный момент почти 70 рублей. И того 1 баррель нефти выходит нам в 210 рублей. 1 баррель нефти это 159 литров, рубли делим на литры и получаем стоимость литра нефти - 1 рубль 32 копейки. __ Подпишись на кРАмолу в соцсетях: ВК https://vk.com/kramolainfo ОК https://ok.ru/kramolainfo ФБ https://www.facebook.com/kramolainfo/ Сайт http://www.kramola.info #бензин #нефть #экономика
Views: 112469 Крамола
Taxes on Mining Industry
 
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Animated Video created using Animaker - https://www.animaker.com SONA 2017 EFFECTS OF TAXES ON EMPLOYMENT
Views: 16 Joyce Anne
Ballari: Mining Companies Owe Tax Of Rs.900 Cr
 
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Read detail news at www.publictv.in Subscribe on YouTube: https://www.youtube.com/user/publictvnewskannada?sub_confirmation=1 Follow us on Google+ @ https://plus.google.com/+publictv Like us @ https://www.facebook.com/publictv Follow us on twitter @ https://twitter.com/PublicTVnews
New tax issues faced by mining companies - Tracking the trends 2012 (part 2)
 
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Brad Gordica, Tax Partner at Deloitte Canada discusses tax trends for the Mining Industry in 2012. Tracking the Trends 2012 is Deloitte's report on the top 10 trends in the mining industry for 2012. For more information and to download the report, visit: http://ow.ly/9nXyE Also, be sure to engage with Deloitte Canada on: http://bit.ly/TwitterDeloitte http://on.fb.me/FacebookDeloitte http://linkd.in/LinkedInDeloitte
Views: 144 Deloitte Canada
Schroeders Says Australia Tax May Slow Mining Mergers: Video
 
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May 3 (Bloomberg) -- Tim Schroeders, who helps manage about $1.1 billion at Pengana Capital Ltd. in Melbourne, talks with Bloomberg's Heidi Couch and Haslinda Amin about the impact of Australia's proposed changes to federal mining industry taxes on the industry. BHP Billiton Ltd. and Rio Tinto Group led declines in mining stocks in Sydney trading on concern Australias plans to impose the worlds heaviest tax regime on resource companies will cut billions of dollars from profits. The 40 percent tax on resource profits will start from 2012. (Source: Bloomberg)
Views: 345 Bloomberg
Measure A Forgives Vulcan Materials Company of All Past Mining Extraction Tax Underpayments
 
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Section 3.8 of the Development Agreement specifically forgives Vulcan Materials Company of any past financial obligations to the City of Azusa. We don't think the voters of Azusa should allow Vulcan to get away with underpaying their mining taxes. Vote NO on Measure A
Views: 243 NoOnMeasureA
Mining taxes: how Rio Tinto avoided $700 million in taxes
 
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This video explains how Rio Tinto’s tax schemes lead to nearly $700 million tax revenue losses for Canada and Mongolia.
Views: 729 SOMO Researcher
No Mining Tax.mov
 
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Who really saved Australia from the Global recession? The mining industry deserves a slap on the back and not a smack in the face! Look at the facts Australia. Australia would be back to a barren land if it wasn't for the mining industry. This is a real fact! Can you really trust a party that plays musical chairs?
Views: 1273 MarieJWG
Tax developments in the Mining Industry - Ben-Schoeman Geldenhuys, KPMG Tax Partner
 
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Key event on KPMG's calendar highlighting general updates on mining taxation issues and is used to reach out to industry players and provide a platform to talk about mining economic developments and labour issues.
Views: 164 KPMG South Africa
Tanzania Mining Sector: Government slaps Acacia with $190 billion tax bill
 
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The government of Tanzania has slapped Acacia Mining with a tax bill of $190 billion.That's equivalent to almost two centuries' worth of the gold producer's revenue. The charges relate to alleged under-declared export revenue from its Bul-yan-hulu and Buz-wagi mines between 2000 and 2017. The fine is the latest development in an escalating conflict between the government and Acacia. In March, Tanzania banned exports of unprocessed gold and copper - a move Acacia says is costing it about $1 million a day in lost revenue. The government has also accused the firm of operating illegally and tax evasion. Acacia has denied the allegations. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 888 CGTN Africa
Gillard ends mining tax row
 
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Mining industry giants have agreed with Prime Minister Julia Gillard on a diluted super profits tax to be known as the Minerals Resource Rent Tax.
Greenland votes to preserve natural resources and tax foreign miners
 
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http://www.euronews.com/ Greenland's main opposition leader, who campaigned on a ticket of higher taxes for foreign mining companies, has gained the largest share of the votes in the country's national election. Alequa Hammond's party picked up around 42 percent of the vote, which translated means 14 seats in the 31-seat parliament. Outgoing Prime Minister Kuupik Kleist won 34 percent and a coalition must now be formed. The opening up of Greenland to foreign mining interests has sparked a huge debate among the Inuit peoples, many fear the destructive influence of Chinese miners and the potential damage to the environment, economy and traditional lifestyle. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
DRC authorities move to enhance effectiveness in the mining sector
 
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Authorities in the Democratic Republic of Congo have announced changes in the mining industry aimed at improving conditions for the final users of the country's minerals. One of them is about the establishment of economic zones around the country. The announcement was made at a mining conference in the DRC's Southwestern province of Lua-laba. It comes on the heels of a new mining code that raised taxes for mining firms. CGTN's Chris Ocam-ringa has that report. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 149 CGTN Africa
Mining Tax - More consultation required
 
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A Prime Minister lost his job off the back of the first Mining Tax the RSPT. Just as quick as those within the ALP who realised the RSPT had no future they changed their leader, rebranded the RSPT to MRRT with the approval of three multi-national multi commodity companies and moved on. The new Prime Minister Julia Gillard failed to consult as she promised to talk to the mining companies. Instead made a deal with three multi-nationals and declared the problem solved. It is almost ludicrous that the multinationals that send their wealth overseas are the benefactors of a reduced tax rate while the juniors who are the backbone of this country and our future are restricted to remain junior under this discriminatory tax. It is not fair, it is not reasonable and 99% of the industry and those directly impacted by the tax are not going to put up with it.
Views: 3048 Nic Hayes
BHP on Tax
 
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Head of BHP talks about Rudds tax on mining companies, very interesting indeed.
Views: 162 ajsmithee9999
WA Premier Colin Barnett reacts to mining tax
 
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The Premier of Western Australia, Colin Barnett, has joined companies such as Fortescue Metals in questioning Australia's new Minerals Resource Rent Tax.