June 23rd, 2010
I just wanted to pass on our condolences to the families of the Sundance Resources board members that died in a plane crash on 19 June 2010.
The plane was enroute from Yaoundé in the Republic of Cameroon to Yangadou in the Republic of Congo.
The flight was carrying nine passengers, predominately from Sundance Resources, who were visiting [...]
June 11th, 2010
The proposed new mining super tax, named the Resources Super Profits Tax (RSPT), has sure been getting its fair share of the news lately.
Personally, I am a firm believer in the less-tax-less-government makes for a more prosperous future. I have had the privilege to travel to many other countries and see what works and what doesn’t.
There is no doubt about it in my mind – high taxing, bigger government scares companies away from investing. Less investment means less jobs.
There are a lot of arguments and counter-arguments going back and forth between the government to the mining industry. I thought that I would highlight the main arguments from both sides and let you decide.