Major new gold mining projects to pay old royalty rate as gold soars

Major new gold mining projects to pay old royalty rate as gold soars

Kate MacNamara

Business Journalist·NZ Herald·

6 mins to read

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Two major New Zealand gold mining projects are moving ahead on mining permits that allow them to pay historical royalty rates that are just half of those applied today.

Royalties are intended to compensate the owner of a mineral resource, in this case the Crown, and ensure a fair financial

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