More land access in Vic.

[user 4386]

Communism ( China )
Socialism ( Australia / Europe )
Capitalism ( USA )

Now look at what freedoms you have under the above 3.

China ( Cheap rubbish products, no respect of copyright and patents ).

Daniel Andrews ( Premier who is going to restrict access for prospectors to GT ).

You missed USA - Trump

 

[user 4386]

the wipstick nth boundry back up there, near dingee township i recken thats what there talking about but i have to check on my maps but there is prospecting area close buy

Its the Axedale-Lockington belt that contains Fosterville. They are producing a billion dollars per year of gold, so just the new Victorian tax nets the government $25 million per year from that mine alone, not to mention the other benefits, So they want more of them.

 

[Swinging & digging]

Communism ( China )
Socialism ( Australia / Europe )
Capitalism ( USA )

Now look at what freedoms you have under the above 3.

China ( Cheap rubbish products, no respect of copyright and patents ).

Daniel Andrews ( Premier who is going to restrict access for prospectors to GT ).

You missed USA - Trump

I would put down Trump as a positive thing.
I do my own research rather than listening to Main stream Media.

 

[user 4386]

International Companies why not a local company that pays tax to our economy. Wouldn't surprise me if the current scumbags in government sell it all to China, smells of shifty politics if you ask me

Nothing to get excited about if anything this could cause us to loose more ground than what is already at stake And to say East and North East of Bendigo is that not part of the ground we just lost under Djadjawurrung ownership :8 could mean the Djadjawurrung people might end up with some extra coin in their pockets.

It is open to all companies, not just international ones. This is nothing new, they have been doing this for decades. Companies have to tender, guaranteeing that they will spend a certain amount of money on exploration, and the one that offers the most for the part of the area they want (as well as adequate expertise) gets to spend their money on it. The government has introduces a new 2.75% royalty on any gold produced that goes to the Victorian government, that is inexcapable, on top of normal Federal income tax on profits. Mining is around 60% of Australia's exports and directly employs 200,000 people, and provides $30 billion dollars per year in taxes and royalties to government. Damned if I know why we have these myths - it is not Google or Apple that can shift around where they supposedly earn their income because they are on line. There is just so much mythology about mining - without it our economy would collapse overnight - it is worth many times our total agricultural exports of all types.

https://www.minister.industry.gov.a...nomy-australian-governments-priorities-mining

We have foreign investment because we CANNOT raise the money in Australia for big projects - not even a small percentage of it.

This release has no relevance to prospectors.

You might want to go and state those facts to the protestors out the front of a Mining Conference held in Melbourne this week.
Amazing what the media has said in support of childish distortions from the left about mining.

Goldierocks.
You like to quote facts and figures, which is good.
But did you know that we only see what's in front of the curtains
Go behind the curtains and you will see the real reasons.

I've been exploring for gold since Bolte and Gorton, and I have not noticed much difference except that all governments have increased restrictions and taxes. When I started there was no tax on gold, and you got a surcharge if you produced up to 500 oz per year. Sigh....!

 

[RM Outback]

Communism ( China )
Socialism ( Australia / Europe )
Capitalism ( USA )

Now look at what freedoms you have under the above 3.

China ( Cheap rubbish products, no respect of copyright and patents ).

Daniel Andrews ( Premier who is going to restrict access for prospectors to GT ).

And rip off the the state and federal government of 1 billion $. Anyway he's the worst of the worst as far as politicians fare in the modern era in Vic.

Realistically no amount of discussion will change a thing. As for the financing of the tenders and who wins doesn't matter. As Goldierocks stated the state government has imposed a tax that's good :Y: So how much federal tax will they dodge Goldierocks.

I really don't give a fat rats how many jobs it creates (I won't see a cent of any of it) it's the tax dodge these companies exploit that annoys me most.

 

[sand surfer]

thank's flatlander,the good old whipstick area if that is the fossicking area it will keep them busy with lead shot ,a lot of rabbits in there in my younger days :beer: