Drillers' Warning Over Gold Royalty Hike
What is clear about the Labor State Government’s proposed increase of the gold royalty is it’s not just miners who are at risk.
In this morning’s The West Australian, Australian Drilling Industry Association (ADIA) chief executive Peter Hall said half his 800 WA members were “becoming jittery” about the plan to increase the royalty rate by 50%.
“Gold miners were probably the only ones that kept us going over the last couple of years”, he told The West.
Here is Ausdrill worker David Hart on why he thinks the Government’s money grab will impact the community and force the closure of marginal mines.