TYX tyranna resources limited

"South Australia joins Western Australia in the loud chorus...

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    "South Australia joins Western Australia in the loud chorus against Canberra's planned mining tax

    Author: Ross Louthean
    Posted: Monday , 25 Oct 2010

    PERTH -

    The key mining lobby in South Australia claimed today that a proposal by the Federal Government not to credit State royalty increases against its proposed Mineral Resource Rent Tax (MRRT) was a slap in the face for all the aspiring junior iron ore and coal projects in the State.

    The South Australian Chamber of Mines & Energy (SACOME) said the fledgling iron ore and coal companies would be left facing a double tax from the proposed new tax."

    Full article:

    http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=113526&sn=Detail&pid=92730

    Stagman



 
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