Wednesday 1 April 2015

Otmane El Rhazi : BC takes up govt royalty offer

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



The Western Australian state government has granted iron-ore miner BC Iron royalty assistance at its Nullagine joint venture. The assistance would be in the form of a deferral of 50% of the iron-ore royalties paid between December 2014 and September 2015, subject to BC Iron’s free-on-board price being less than A$90/t in the quarter.

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