Only highly profitable miners will get taxed and only in the coal and iron ore sectors. The biggies that have usually have large overseas ownerships as well. Currently any mineral extraction whether profitable or not is taxed by the States under an unfair royalty system Thats why the Australian Mineral Council wants to transition to a tax based on profit and not royalties.
I thought you had bought uranium stocks that are not subject to the mining tax. If you still do unfortunately Fukushima may have done your investment well and truly.
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