Gold miners hope Vic govt will negotiate on royalty

DESPITE being shell-shocked by the Victoria’s surprise gold royalty, miners are hoping the government will have room to move.

Gold miners hope Vic govt will negotiate on royalty Gold miners hope Vic govt will negotiate on royalty Gold miners hope Vic govt will negotiate on royalty Gold miners hope Vic govt will negotiate on royalty Gold miners hope Vic govt will negotiate on royalty

Bullion from Fosterville

Victoria has had no royalty on gold production, but last week's state budget included the introduction of a 2.75% royalty from July 1 next year.