CME warns of widespread job losses

THE Chamber of Minerals and Energy of Western Australia has claimed that the WA government’s proposed gold royalty hike would result in the loss of almost 3000 jobs from the sector.

CME warns of widespread job losses CME warns of widespread job losses CME warns of widespread job losses CME warns of widespread job losses CME warns of widespread job losses

Four weeks ago, the WA government announced it would lift gold royalty rates to 3.75% from the current rate of 2.5%, equating to around an additional A$20 an ounce for producers.