Navigating the US Mining Fiscal Landscape: Insights from GlobalData

GlobalData has released a comprehensive report detailing the fiscal landscape of the US mining industry, highlighting the governing bodies, regulations, and various mineral licenses and fees by state and territory. The report is an important resource for advocates, policymakers, and stakeholders. Further, it allows them to bring greater rigor to their decision-making process in a…

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Navigating the US Mining Fiscal Landscape: Insights from GlobalData

GlobalData has released a comprehensive report detailing the fiscal landscape of the US mining industry, highlighting the governing bodies, regulations, and various mineral licenses and fees by state and territory. The report is an important resource for advocates, policymakers, and stakeholders. Further, it allows them to bring greater rigor to their decision-making process in a rapidly evolving market.

The United States is blessed with a uniquely rich and diverse mineral resource endowment. Its land is also rich with deposits of copper, gold, coal, iron ore and uranium. This great abundance of resources requires a cohesive governance structure. The report portrays the conflicting and confusing roles that federal and state agencies play in regulating mining operations. This division is responsible for the inspection and enforcement of compliance with industry standards and regulations.

Our report breaks down the major federal laws that regulate the mining industry. It further names the principal federal regulatory agencies charged with enforcing these laws. By providing an overview of the US mining fiscal regime, it equips industry players with essential knowledge to navigate complex regulatory environments.

In addition to its detailed analysis of regulations, the report elaborates on various mineral licenses and associated fees, offering stakeholders a clear understanding of the financial implications of mining operations across different states and territories. This will be critical information for any company looking to grow or start mining operations in the United States.

According to a senior account manager at TSYS, “The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.”

In addition to this, GlobalData’s quality of reports is reputedly much higher than the others on the field. This reputation feeds upon the platform’s ability to deliver holistic data in one convenient hub. Because of that, users are able to save time and make better, more informed decisions faster. Personal buyers can benefit from the report. Moreover, users at corporate locations can share with unlimited users, making collaboration within companies significantly more powerful.

The importance of having timely, accurate, and relevant market intelligence at your fingertips is understated. Even a Liebherr-Werk market analyst, formerly of KPMG, lauded the quality of GlobalData’s intelligence. He underscored how it has allowed them to address the challenges exacerbated by the COVID-19 pandemic. “COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy.”