Mineral royalties
Statutory royalty obligations for commercially produced gold and minerals.
Western Australia — gold royalty (Mining Act 1978)
WA gold royalty schedule
| Item | Detail |
|---|
| Gold royalty rate | 2.5% of royalty value |
| Small producer exemption | First 2,500 ounces per financial year — nil royalty |
| Gold valuation | London Bullion Market price in Australian dollars |
| Administration (from Sept 2025) | RevenueWA — Department of Finance |
| Regulations | Mining (Royalties) Regulations 2025 |
Official WA Mineral Royalties publication
Other WA mineral royalty rates (2025–2030)
| Mineral / form | Rate |
|---|
| Iron ore — crushed/screened | 7.5% of royalty value |
| Iron ore — concentrate | 5.0% of royalty value |
| Iron ore — metallic form | 2.5% of royalty value |
| Gold — all forms | 2.5% of royalty value |
General principles (all jurisdictions)
- Royalties are payable on minerals obtained from land subject to a mining tenement
- Rates are prescribed by state legislation
- Royalty payments are generally deductible for company income tax purposes
- Non-payment attracts penalties and recovery action by the state revenue authority
Gold specimensRoyalty is payable on minerals obtained from land subject to a mining tenement.
