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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.
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: 312 Deloitte Canada
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.
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.
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
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: 244286 Vocativ
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: 4484 GrahamAndFriends
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
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: 104 Bloomberg
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
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: 85 eNCA
Mining tax discontent lives on in smaller companies
 
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Junior mining companies have given Resources Minister Martin Ferguson a hostile reception.
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: 12 Johnson Koh
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: 177 NTVUganda
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: 1054 Tax Justice Network
Ballari: Mining Companies Owe Tax Of Rs.900 Cr
 
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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: 126 PolitikoTV Channel
Gillard delivers tax challenge to mining industry
 
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Prime Minister Julia Gillard has told the mining industry they do not own Australia's mineral wealth and they have to be prepared to share more of their profits.
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: 2953 ABC News (Australia)
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: 1168 ABC News (Australia)
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: 5544 Al Jazeera English
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: 2849 CGTN Africa
Tony T. Smith Calls for Eliminating Tax breaks for Mining Companies from NV Constitution
 
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Candidate for Nevada Assembly District 4 Tony T. Smith will fight to eliminate special interest tax breaks for mining companies from the Nevada Constitution, which will allow Nevada to invest in public education, clean energy, and preparing for the changes increased automation will bring to our economy. https://tonytfornv.com
Views: 21 Tony Smith
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
Mining industry breaks tax truce, relaunches ads
 
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Resources Minister Martin Ferguson claims Liberal party supporters are behind the mining industry breaking the tax true.
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: 817 CGTN
Mining Companies Tumble After Australia Announces Carbon Tax (RIO,BHP, AAUKY)
 
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A number of mining companies are in the red after Australia's prime minister said the government would require the nation's 500 largest polluters to pay a tax of A$23 per ton of carbon they produce. Australian mining company Rio Tinto (NYSE:RIO) said the tax - due to take effect in mid-2012 - will curtail investment and job creation. In early trading, Rio Tinto dropped 2.53% to $70.88, BHP Billiton (NYSE:BHP) is also down 2.50% to $93.41, and Anglo American (PINK:AAUKY) slid 3.26% to $24.30.
Views: 235 FinancialNewsOnline
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: 969 Activist-News
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: 535 Rappler
Mining industry breaks tax truce, relaunches ads
 
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Resources Minister Martin Ferguson claims Liberal party supporters are behind the mining industry breaking the tax true.
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.
Minerals Commission calls for tax exemptions on mining
 
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Chief Executive of the Minerals Commission, Dr Tony Aubyn is calling for tax exemptions for companies at the exploration stage of the mining process. He says when prices of metals fall, taxes make it uncompetitive for investors in Ghana's mining industry. Neighbouring countries - Burkina Faso and Cote d'Ivoire have scrapped taxes on exploration making them attractive for new investors.
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: 12473 DD News
Zambia Charges Mining Company Back Taxes
 
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Not just one company they are charging, the tax authorities are charging all mining companies taxes when they do business in the country.
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: 914 CGTN Africa
Income Tax Raids on at | Over 90 Premises of Mining Company | in Tamil Nadu
 
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Income Tax Raids on at | Over 90 Premises of Mining Company | in Tamil Nadu
Views: 125 ETV Telangana
Adrian Day Discusses Five Quality Mining Stocks, the Copper Market/Equities, and Recent M&A Activity
 
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Adrian Day of Adrian Day Asset Management is a seasoned investor, speaker, author, and adviser. In this interview, Adrian shares key takeaways from 2018 that affect the resource sector and offers his commentary on the Barrick-Randgold merger and its significance. Adrian also provides general insights on mergers and acquisitions within the mining sector, what he looks for in a junior royalty company, and his outlook on copper and copper mining stocks. Dispersed throughout the interview, Adrian discusses five mining stocks that he likes and which he thinks present an exceptional investment opportunity right now. 0:05 Introduction 1:26 Key takeaways from 2018 that impact the resource sector 4:19 Commentary on the Barrick-Randgold merger 6:45 Further commentary on mergers & acquisitions within the mining sector 10:18 Will investing in potential M&A takeout targets be the best mining investment strategy for 2019? 11:50 Discussion of some of Adrian’s favorite mining stock investments right now 14:32 What to look for in a junior royalty company investment 19:10 Discussion regarding sub-$500M market cap royalty companies 23:02 Thoughts on the current copper market & opportunities in copper stocks 30:01 Is a negative outcome of the USA/China trade dispute already priced into copper stocks right now? Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education LLC has not received compensation from the companies Adrian Day favorably discussed in this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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: 818 SOMO Researcher
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: 703 ABS-CBN News
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: 321 CGTN Africa
Trust and Taxes: Rebuilding trust in the mining tax system | RAW Talks at the IGF AGM
 
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Concern about global tax avoidance is testing relationships between governments, mining investors, and citizens. Trust has diminished between these actors, putting investors’ social license to operate at risk. The panel discusses what companies, governments and civil society organizations have learnt from recent tax controversies, and how these lessons can inform efforts to build or rebuild trust in each other, and in the mining tax system. Recorded at the IGF Annual General Meeting, October 19th 2018 in Geneva. Moderator: Åsa Borssen, RAW Talks Panelists: Ignatius Mvula, Assistant Director Mining Audit Unit, Zambia Revenue Authority John Condon, Senior Vice President, Tax and Treasury, Barrick Gold Corporation Elyvin Nkhonjera, Extractive Industries Programme Coordinator, Malawi, Oxfam
Views: 80 RAW Talks
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.
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
Mining farms in China shut down for tax inspection
 
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Cryptocurrency mining operations in Chinese provinces of Xinjiang and Guizhou were shut down for tax inspection, reports CCN. Tax reports, assets and information about the clients have been checked during an investigation. #china #mining #shutdown
Views: 310 Crypto Market News
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: 408 Rappler
Zambia's Commerce Minister promises consultation before mining tax code changes
 
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Zambia is currently preparing its 2019 budget, and the commerce minister says there won't be any changes to the mining tax code, without industry consultation. The country's Medium-Term Expenditure Plan forecasts a 23-percent increase in mineral royalty revenues to 4-hundred and 40 million dollars, and a mining profit tax revenue increase of 27-percent to about 2-hundred and 50-million dollars Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 421 CGTN Africa
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
Govt settles mining tax stand-off
 
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Prime Minister Julia Gillard has announced a resources tax compromise that lowers the rate, limits its application to iron ore and coal and excludes most companies.

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