The Stockton mine is hoping for a fast-tracked 25-year extension, as historic damages are costing the Crown more than it earns from all coal mine royalties
Bathurst reported $213m in export sales in the 2024 financial year, and internal reports said the company spent around $85 million on wages and $240 million on equipment, fuel and other practical expenses.
So a $325M cost of operation on $213M of export sales…what total sales?
Also
more than it collected in royalties for all coal mining nationwide the same year.
What are “royalties”; how are they distinct from tax?
So a $325M cost of operation on $213M of export sales…what total sales?
Also
What are “royalties”; how are they distinct from tax?
Tax is collected on the company’s profits, royalty is collected on revenue.