ForewordAcknowledgementsPrecis1 Mineral Policy, Governance and its Economic Implications1.1 Government mineral and economic policy versus corporate financial objectives1.2 The concept of mineral economic rent1.3 Mining taxation principles and objectives1.4 Components of a mining taxation package1.5 Legislating for local participation: Participative and free-carry interests1.6 Trends in mining fiscal regime development 2 Quantitative Financial Analysis of Common Mining Taxation Instruments2.1 Analytical methodology2.2 Different types of mineral royalties and mining-specific corporate income tax provisions2.3 Royalties: Comparing the Government's and the Operator's position2.4 Government free carried interest: Analysing the benefits to Government and costs to industry2.5 Government participative interests: Comparing the Government's with the Operator's outcomes2.6 Analysing the revenue impact of fiscal incentives to attract investment2.7 Taxing instruments in petroleum fiscal regimes2.8 Discussion and ideas 3 Administering the Mining Fiscal Regime3.1 Main mining tax administration issues3.2 Mining as a global business3.3 Foreign investment attraction and fiscal incentives3.4 Stability agreements and sovereign risk minimisation3.5 Return on investment and repatriation of capital and profits3.6 Tax minimisation strategies through cross-border transactions between related parties: Transfer pricing, tax rate arbitrage, treaty shopping3.7 Withholding taxes and other Government defensive mechanisms3.8 Workable solutions to improve mining taxation collection and administration frameworks Conclusions and RecommendationsReferencesAppendices