Report of the Royal Commission on Mineral Revenue

• 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: Mineral industries > Newfoundland and Labrador; Mines and mineral resources > Newfoundland and Labrador; Newfoundland; Newfoundland studies
• Online Access: http://collections.mun.ca/cdm/ref/collection/cns2/id/145606

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