Report of the Royal Commission on Mineral Revenue

Report of The Royal Commission on Mineral Revenue Background and underlying principles -- Management by resource owners. Rentals for surface areas required for mining -- Fair market value for mineral rights. The decision to invest -- A reasonable rate of return on capital in mining -- Government cha...

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Bibliographic Details
Main Author: Newfoundland. Royal Commission on Mineral Revenue
Other Authors: Goundrey, Gordon K., Maher, William H. (Commissioner), Martin, Leonard A.
Format: Book
Language:English
Published: Government of Newfoundland and Labrador 1974
Subjects:
Online Access:http://collections.mun.ca/cdm/ref/collection/cns2/id/145606
Description
Summary:Report of The Royal Commission on Mineral Revenue Background and underlying principles -- Management by resource owners. Rentals for surface areas required for mining -- Fair market value for mineral rights. The decision to invest -- A reasonable rate of return on capital in mining -- Government charges for minerals. Sample calculation of a royalty -- Ability of the Newfoundland mining sector to pay higher royalties and taxes. Existing rights and operations -- The undeveloped mineral areas act -- The mining tax act -- The concession system. Iron Ore Company of Canada -- Wabush Mines Ltd. -- American Smelting and Refining Co. -- Advocate Mines Ltd. -- Consolidated Rambler Mines Ltd. -- Aluminum Company of Canata Ltd. -- Newfoundland Minerals Ltd., and Flintkote Co. Ltd. -- Newfoundland Zinc Mines Ltd. -- Income tax in Newfoundland. Proposals for a provincial corporate income tax for mining corporations -- Additional considerations. Exploration and prospecting -- Social capital and amenities -- Details of new legislation -- Administration of new measures -- Summary of principal recommendations. Annex I -- Annex II -- Annex III -- Annex IV -- Annex V Cover title; Commissioners : Gordon K. Goundrey, William H. Maher, and Leonard A. Martin