The minerals in the Island's quarries haven't been fully valued in three years.
Environment Minister Clare Barber was asked in Tynwald this week about quarry royalty valuations by Arbory, Castletown and Malew MHK Jason Moorhouse.
The royalties are fees paid by quarry operators to the Department of Environment, Food and Agriculture.
Mrs Barber explained the rates go up with inflation each November, or as part of a review every three years.
More people falling under income tax threshold
The number of people who aren't required to submit a tax return has been rising steadily over the past four years.
Blessed are the (Manx) cheese-makers!
Isle of Man Creamery is celebrating after picking up two awards.
Financial planning company opens new northern office
A local financial planning company is opening a new pop-up office in the North.
Government launches business survey
A survey has been launched to measure the mood of businesses across the Island.
Villa Marina hosts huge career fair
The Island's largest careers fair gets underway today.
26 new units planned for Balthane Industrial Estate
A developer says it wants to expand an industrial estate in Ballasalla with dozens more units.
UK holiday company to offer walking trips on the Island
A specialist UK travel company says it'll offer walking holidays on the Isle of Man for the first time next year.
Two industrial units planned for estate
A company says it wants to build two new light industrial units in Ballasalla.
