Tag: mining tax

• Tuesday, March 20th 2012 - 04:46 UTC

  Australian Senate approves law to tax 30% iron ore and coal mining companies

  

  The Australian Senate has pushed through into law a 30% tax on iron ore and coal mining companies. The tax will raise A$10.6bn (11.2bn dollars) over three years from major companies including BHP Billiton, Rio Tinto and Xtrata.

• Friday, August 26th 2011 - 02:52 UTC

  Mining companies agree to pay Peru an extra billion dollars annually

  

  Peru has reached an agreement with mining companies that will raise the industry’s annual payments to the government to about one billion dollars, the government said on Thursday, fulfilling a campaign promise by President Ollanta Humala.