Thursday, June 24, 2021

The freedom of the press still furnishes that check upon government which no constitution has ever been able to provide – Chicago Tribune.

Tags Royalties

Tag: royalties

Time to spend that billion dollars, Minister Wyatt

By ERWIN CHLANDA “The rainy day is now,” says Graeme Smith: The $1.2 billion in the Aboriginal Benefits Account, locked away in term deposits by the Minister...

Government gets $446m in mineral royalties

By ERWIN CHLANDA The NT Government collected $446m – about 10% – in royalties from $4.6 billion worth of ore sold by the mining companies...

CLP on royalties: Would miners still call the tune?

 

 

What is the CLP's proposed change to the mining royalties system going to do for the Territory? We won't know until after the election. ERWIN CHLANDA reports. Pictured is Ron Kelly, CLP party president and NT Mines Department CEO during part of the Adam Giles era.

Newmont gold mine: Aboriginal jobs, still trying

Employment of local Aboriginal people at Newmont’s Tanami operations appear to be mostly in positions peripheral to the actual gold mining that requires a highly-paid and readily transferable skill set. Yet traditional owners are the major beneficiaries of the royalties worth tens of millions of dollars while their communities are plagued by enduring unemployment. ERWIN CHLANDA reports. IMAGES courtesy Newmont.

 

UPDATE January 15, 2020
Royalties are considered as income when paid to an individual, a spokeswoman for the Australian Government Department of Human Services stated today in response to enquiries from the Alice Springs News.

When 20% royalties shrivel to as little as 1%

 

The 20% mining royalties for the NT Government sound like a bonanza – until you deduct production cost which may leave the public with as little as 1%. Aboriginal royalties are bound to the same calculations. ERWIN CHLANDA reports. Image from the acclaimed blog of Michael West (at left): Is the tax performance of Santos, a major NT player an indicator of their royalties performance?

Aboriginal royalties: A golden deal?

 

The annual multi million dollar mining royalty payments will be boosted by about 35% when the Granites gold mine expands production from 2023. But what do the people on the ground get out of it, asks Jane Blunden (at right). Report by ERWIN CHLANDA.

Gas, oil royalties: 10% of what?

2622 gas : oil SM

 

 

After the agonising, divisive fracking debate we can be safe in the knowledge that we're getting in royalties 10% of an amount of which we have no idea. ERWIN CHLANDA reports.

Will gas royalties save the NT? Read the fine print.

5232 gas wellhead Wikipedia SM

 

 

The NT Government says royalties for onshore gas – some of it soon to be fracked – are calculated at "10% of the product’s gross value at the wellhead". In fact the amount actually received is less – a lot less. SHAUNA MOUNSEY reports.

Cut mining royalties to land councils: elder

2499 Robin Granites SM

 

 

"White fellers” at the CLC – lawyers, anthropologists, administration  – “think they are the bosses,” says Senior Warlpiri man Robin Granites (pictured). Report by ERWIN CHLANDA.

 

In the bush, the Age of Entitlement meets the Asset Test

p2242-1721-Granites-mine-SM

 

While your pension may get trimmed if your family home is over a certain value, the conversation about what impact Aboriginal assets should be having on welfare payments is only just beginning. Is there a case for asset testing millions of royalty dollars that are flowing to Aborigines? ERWIN CHLANDA comments. PHOTO: The processing plant at the Granites gold mine on Warlpiri land west of Alice Springs.

 

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