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Richard Karn: A Bridge Too Far…to the Left?

Source: Brian Sylvester and Karen Roche of The Gold Report In the midst of a boots-on-the-ground survey of Australian precious and specialty metal projects, The Emerging Trends Report’s Managing Editor, Richard Karn, took time between mine site visits to share his insights about the controversial Resource Super Profits Tax that’s pending Down Under with The Gold Report. The Gold Report: As an American involved with the Australian mining industry, can you give us an overview of the Rudd government’s proposed Resource Super Profits Tax (RSPT)? Richard Karn: Certainly, but from the outset keep two things in mind. First, the tax scheme is very complicated. Some details are murky and seem to conflict with others in a number of ways. Secondly, the mining industry…
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