Fed tax raises capital concerns for miners: Deloitte

THE federal government’s proposed resource rent tax had an immediate impact on the stock market yesterday, sending mining stocks tumbling, and wiping billions from the market capitalisation of the big miners. And the tax proposal may also have a significant impact on companies seeking to raise capital in the short and medium term, according to analysts.

Fed tax raises capital concerns for miners: Deloitte Fed tax raises capital concerns for miners: Deloitte Fed tax raises capital concerns for miners: Deloitte Fed tax raises capital concerns for miners: Deloitte Fed tax raises capital concerns for miners: Deloitte