{"id":1078,"date":"2017-01-31T04:11:02","date_gmt":"2017-01-31T04:11:02","guid":{"rendered":"http:\/\/www.beachminerals.org\/?p=1078"},"modified":"2021-09-23T15:09:10","modified_gmt":"2021-09-23T09:39:10","slug":"mining-industry-danger-part-6","status":"publish","type":"post","link":"https:\/\/beachmineral.com\/ta\/mining-industry-danger-part-6\/","title":{"rendered":"Mining Industry is in danger \u2013 Part-6"},"content":{"rendered":"

The royalty rate also very high in India compared to other mineral rich countries.<\/p>\n

International Comparison of Minerals Specific Royalty Rates: 2012<\/strong><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Country<\/strong><\/td>\nIron Ore<\/strong><\/td>\nCoal<\/strong><\/td>\nCopper<\/strong><\/td>\nGold<\/strong><\/td>\n<\/tr>\n
Australia<\/strong><\/td>\n6.5%-7.5%<\/td>\n7%-10%<\/td>\n2.7%-3.5%<\/td>\n0% – 2.5%<\/td>\n<\/tr>\n
Brazil<\/strong><\/td>\n2%<\/td>\n2%<\/td>\n2.02%<\/td>\n1%<\/td>\n<\/tr>\n
Ghana<\/strong><\/td>\n5%<\/td>\n5%<\/td>\n5%<\/td>\n5%<\/td>\n<\/tr>\n
India<\/strong><\/td>\n15%*<\/sup><\/td>\n14%*<\/sup><\/td>\n4.20%<\/td>\n2%<\/td>\n<\/tr>\n
Indonesia<\/strong><\/td>\n3%<\/td>\n3%-7%<\/td>\n4%<\/td>\n3.75%<\/td>\n<\/tr>\n
Kazakhstan<\/strong><\/td>\n2.8%<\/td>\n0%<\/td>\n5.7%<\/td>\n5%<\/td>\n<\/tr>\n
Philippines<\/strong><\/td>\nMin 5%<\/td>\nMin 5%<\/td>\nMin 5%<\/td>\nMin 5%<\/td>\n<\/tr>\n
Russia<\/strong><\/td>\n4.8%<\/td>\n11-57\/tonne<\/td>\n8%<\/td>\n6%<\/td>\n<\/tr>\n
South Africa<\/strong><\/td>\n0.5% – 7%<\/td>\n0.5% – 7%<\/td>\n0.5% – 7%<\/td>\n0.5% – 5%<\/td>\n<\/tr>\n
United States<\/strong><\/td>\n2%-5%<\/td>\n2%-5%<\/td>\n2%-5%<\/td>\n2%-5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source:<\/em><\/strong> (Basic data), PricewaterhouseCoopers, 2012 and Ministry of Mines, Government of India (2014)<\/p>\n

*<\/sup> Recent Rates, 2014<\/p>\n","protected":false},"excerpt":{"rendered":"

The royalty rate also very high in India compared to other mineral rich countries. International Comparison of Minerals Specific Royalty Rates: 2012   Country Iron Ore Coal Copper Gold Australia 6.5%-7.5% 7%-10% 2.7%-3.5% 0% – 2.5% Brazil 2% 2% 2.02% 1% Ghana 5% 5% 5% 5% India 15%* 14%* 4.20% 2% Indonesia 3% 3%-7% 4% … Continue reading “Mining Industry is in danger \u2013 Part-6”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1,20],"tags":[],"class_list":["post-1078","post","type-post","status-publish","format-standard","hentry","category-blog","category-news-release"],"translation":{"provider":"WPGlobus","version":"3.0.3","language":"ta","enabled_languages":["en","ta"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"ta":{"title":false,"content":false,"excerpt":false}}},"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/posts\/1078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/comments?post=1078"}],"version-history":[{"count":1,"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/posts\/1078\/revisions"}],"predecessor-version":[{"id":1161,"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/posts\/1078\/revisions\/1161"}],"wp:attachment":[{"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/media?parent=1078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/categories?post=1078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beachmineral.com\/ta\/wp-json\/wp\/v2\/tags?post=1078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}