Western Australia Seeks Gold Royalty Increase
The last few years have been difficult for gold miners and really tough for gold explorers. This holds true for the miners in gold districts near Kalgoorlie and Coolgardie in Western Australia. And, just as they say they are beginning to feel the effects of recently implemented optimization programs and a recovering gold price, the state government wants to increase the royalty by 50% (See Regional News-Australia, p. 18). It’s created a fierce debate in that part of the world and it has cast a spotlight on Western Australia’s Labor Party.