Anybody knows when and how we get this money this year?
Mining Exploration Incentive proves popularFORTY-SIX mining companies will share in $31 million to explore for Australia’s mines of the future.The funding comes under the Australian Government’s Junior Minerals Exploration Incentive (JMEI) for 2018-19.The initiative offers a total of $100 million over four years from 2017-18 to allow greenfields exploration programs to distribute their tax losses as a credit to Australian resident shareholders.Mining Exploration Incentive proves popular
FORTY-SIX mining companies will share in $31 million to explore for Australia’s mines of the future.
The funding comes under the Australian Government’s Junior Minerals Exploration Incentive (JMEI) for 2018-19.
The initiative offers a total of $100 million over four years from 2017-18 to allow greenfields exploration programs to distribute their tax losses as a credit to Australian resident shareholders.
(20min delay)