๐ Mining Amendment Regulations (No. 3) 2023
RegulationsSL 2023/14420 September 2023
Principal Act
These regulations amend the Mining Regulations 1981, updating royalty calculations for various minerals, including blends, and redefining terms like 'beneficiated'. They also specify royalty rates for gold and rare earth elements.
Mining operators will be affected by changes to royalty calculations, particularly for mineral blends and specific minerals like gold and rare earth elements. They will need to adjust reporting and payment processes to comply with the new requirements.
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