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Mining News Digest
Saturday 19 August 2017
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Experts and mining companies fear some of the modifications that go in effect in November, will result in hefty taxes, higher research costs and decrease interest from foreign investors.

Gold bulls turn attention from North Korea to US domestic turmoil.

The division will be divided into two separate units beginning 2018 — Minerals Services and Minerals Consumables.

Jumps 5.6%.

While Trump vows to save coal, many miners look elsewhere. Natural gas jobs don’t offer the same stability as coal did.

Should the spinoff happen, AngloGold would be the latest miner to reduce exposure to South Africa, where political instability, controversial new mining rules and a stronger rand have made it less attractive to operate.

The country's Reserve Bank has ordered platinum and chrome miners to surrender 80 percent of their export earnings to the central bank as the country struggles to contain a crippling dollar note shortage.

While Bulgaria may not be the first country investors equate with gold mining, executives at one TSX Venture Exchange-listed company are sitting on pins and needles waiting for the drill results that could prove their high-grade thesis.

The company, to be named Integra Resources Corp, plans to acquire an advanced-stage gold-silver project in Canada or the United States in the next two months, and then apply to list on the TSX Venture Exchange, CEO George Salamis said.

Andrew Kaip, an analyst with BMO Capital Markets, reviewed this senior mining company's Q2/17 financial highlights and project milestones.

South African miner Harmony Gold reported a 35 percent rise in full-year profit on Thursday and said it will look at growth, exploration and acquisitions to meet its 2019 production targets.

Democratic Republic of Congo's government seeks to head off a collapse in national finances that is hitting the economy.

Kaz Minerals, a copper company focused on Kazakhstan, narrowed its full-year production guidance on Thursday to 235,000-260,000 tonnes after first-half output more than doubled, boosted by a market hitting multi-year highs.

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