Acacia agrees to pay higher taxes set in Tanzania new mining law
It means that the miner, which had revenue of $1bn last year, will pay about $31 million extra in royalties a year.
Cecilia Jamasmie , Editor-in-Chief
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AngloGold taking Tanzania to UN court over country’s new mining law
The miner said it continues to seek a “constructive dialogue” with the country's government to gain assurance that its operations will not be affected by newly enacted mining law.
Luxembourg becomes first European country to pass space mining law
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
Iron ore price hits 10-week high on China renewed appetite
Ore with 62% content in Qingdao added $1.86 overnight to close at $65.91, the highest since May 3 and 20% more than those year lows hit mid-June
Pebble mine a step closer to reality as EPA to withdraw restrictions
The agency has proposed revoking its 2014 determination banning any large-scale mine in the area where Pebble would be built on the grounds it would damage the region’s key salmon industry.
Gold climbs on Trump Jr. emails with Russia
Gold spiked in Asian hours Wednesday, trading as high as $1,220.35 an ounce compared with a low of under $1,208 hit on Tuesday.
Rio Tinto in search of the next Escondida mine in Chile
The so-called Palmani project aims to discover and characterize the mining potential of an area located in Chile's extreme north, at about at 2,100 metres of altitude.
‘Out of control’ Canada’s wildfires close to Kinder Morgan’s pipeline
Some of the worst fires, raging in BC’s interior, have grown overnight.
Canada’s Alberta forks over $50 million for emissions cuts at oil sands
Another $30 million will go to help fund 12 projects that tackle methane emissions in the province.
Alrosa has sold $2.5 billion in diamonds so far this year
The world's largest diamond producer by output said market has refound its balance.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.