Maybe Ni miners will be exempt? WSA has traded in a 10% range...

Maybe Ni miners will be exempt?

WSA has traded in a 10% range today, been down to $3.50's now $3.80's

http://www.smh.com.au/business/mining-tax-breakthrough-20100701-zp5z.html

'The new agreement is also likely to not only see lower value resources including sand, gravel and limestone excluded from the regime, but exclude nickel mining and processing from the regime. That is another big win for the miners, who argued that the complicated, integrated nickel mining and processing process did not lend itself to the resources tax design.'