KNOWLEDGE SHARING SESSION IN COLLABORATION WITH AUSTRALIA-MONGOLIA EXTRACTIVES PROGRAM

Optimal Effective Tax Rate for maximizing value of Mongolia’s mining industry

  • Date:                 1 July 2021
  • Time:                11:00 – 12:00
  • Platform:          Online
  • Language:        English & Mongolian (simultaneous translation) 
  • Background:     Richard Schodde will present the results of the Effective Tax Rate (ETR) study he carried out for Mongolia.  The study analyses the ETR that applies to copper and gold compared to 15 peer countries and calculates the optimum tax rate that will maximise the value of the Mongolian mining industry for the Mongolian government given the characteristics and stage of development of the industry.  The study was funded by AMEP 2, a program funded by the Australian Department of Foreign Affairs and Trade and managed by Adam Smith International.
  • Speaker:        Richard Schodde, Mineral Economist and Principal MinEx Consulting,      

    Richard Schodde has over 35 years of experience in a wide variety of project analysis, business development and strategic planning roles within the international resources industry. 

    In 2008 Richard founded MinEx Consulting to provide strategic and economic advice to industry and government. His main focus is on the economics of mineral exploration.  His client base covers over 100 companies (both Major and Junior), investment groups and Government Agencies across 18 countries.

    Richard has published several dozen papers on exploration performance and is internationally recognized by his peers as a world leader in mineral economics.  In recognition of this, in for the last three years running (2015, 2016 and 2017) the Mining Journal nominated him as one of the top 20 power people in world mining, due to his influence on strategy and policy in the exploration sector. 

    Richard holds an Honours Degree in Materials Engineering and a MBA. He serves on the Editorial Board of the Journal of Resources Policy, the organising committees for the AusIMM and the Melbourne Mining Club. He is also a member of the SEG, SME and PDAC, and is an Adjunct Professor at the Centre of Exploration Targeting at the University of Western Australia.

  • 10:45 – 11:00    Registration
  • 11:00 – 11:05    Opening remarks by HE Mr Dave Vosen, Australian Ambassador in Mongolia
  • 11:05 – 11:50    Effective Tax Rate Study Report by Richard Schodde                   
  • 11:50 – 11:55    Q/A
  • 11:55 – 12:00    Closing / Group photo

Event Information

Event Date 2021-07-01 11:45 am
Event End Date 2021-07-01 1:00 pm
Registration Start Date 2021-06-24 11:00 am
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