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NT extends mineral royalties reach

The new scheme has four mineral treatment categories and royalty rates

Karma Barndon
The NT government has launched a new royalties scheme. Photo courtesy NT government

The NT government has launched a new royalties scheme. Photo courtesy NT government

From July, all new mines in the Northern Territory will pay mineral royalties under an ad valorem royalty scheme based on the value of the minerals extracted. The move has been welcomed by miners, but...

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