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The minerals council / kpmg modeling used a rate of return of 15 % for mining companies last 30 years to debunk the rspt . So your saying 0-5 % rate of return for miners . How about between you and the minerals council you choose a rate that best suits that days argument Hang on your...

If you invested $1000 into an IP and made $ 500 profit on it , then paying 50% tax on that profit is fair enough , considering a finite resource . Most miners would make closer to 10 % rate of return ( rio last year 16.5) in that case they don't pay 50 % tax . With the reduction of company...