Minerals Royalty Regime Transparent, Broadly FairHon Shane JonesMinister for ResourcesAn independent analysis of New Zealand's minerals royalty regime and the Crown’s return from mineral development has found it is transparent and broadly comparable with similar overseas jurisdictions, Resources Minister Shane Jones says. "Importantly, the report provides the Government with an independent evidence base on how different future royalty settings would operate in practice and the trade-offs associated with different approaches,” Mr Jones says. This means much of the revenue the Crown receives from minerals is determined by royalty settings put in place some time ago. Along with the associated spending by mining companies, including wages and tax, the extraction of minerals provides a huge benefit to our regions. New Zealand’s minerals royalty regime was last comprehensively reviewed in 2012.