There's a strange thing about the fear going through the global mining industry after theCongo signed an order to lift royalties last week: Compared with most other countries, these levies are still relatively low.
Copper Mining News
Up six percent from a year ago.
The project could become the first mine Codelco operates abroad.
Newcrest Mining says experts on site have observed no environmental damage.
Unionized workers company’s latest offer for a collective labour agreement.
Company expects to lose about 200,000 tonnes in steelmaking coal output.
But the customs data look worse than it is.
The go-ahead from the Antofagasta region's environmental regulator will allow the company to expand its Radomiro Tomic mine.
Exploration spending increased 20% across the Canadian province in 2017, reaching $246 million, compared with $205 million in 2016.
A new mining code in the cobalt-rich Congo will lead to higher costs for consumers of the battery metal at a time automakers are expanding production of electric vehicles, experts say.
Swedish court has ruled that local miner Boliden won’t have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.
Environmental assessments already underway will continue under the current process.
The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.
ERG revives efforts to sell its Frontier copper mine in the DRC despite a drop in valuation to about $400 million, two banking sources said.
Fifteen autonomous trucks will be introduced to West Angelas iron ore mine, in the Pilbara region.
In an analysis by Bloomberg Intelligence, copper outperformed every major asset class aside from energy as an inflation hedge.
The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.
The zinc market is making a U-turn.
Their 29,400-hectare property is located in central Labrador, 80 kilometres south of Vale’s Voisey’s Bay Nickel mine
According to the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, this new state enables a high-performance, low-cost sodium-ion battery.
Trevali will provide aCDN$7.5 million in funding to Puma in order for them to finalize the 100% acquisition of the Murray Brook Deposit.
Puma Exploration and Trevali Mining Corporation enter into strategic development and exploration alliance
Puma Exploration announced the signature of a non-binding Letter of Intent with Trevali Mining Corporation for the development of the Murray Brook Deposit.
It’s said that in China, a new skyscraper is built every five days.
Chile’s incoming government is working on a plan to break up Codelco into northern and southern divisions.
According to minister Aurora Williams, miners with operations in the country currently spend $20 billion on support services a year and figure is set to increase.