Gemfields faces 21% tax as Zambia reinstates export duty
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.
Cecilia Jamasmie , Editor-in-Chief
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Lithium Americas raises Thacker Pass reserves, names new CFO
The Thacker Pass lithium project is slated to open later this decade and be a key supplier to JV partner General Motors.
Codelco’s copper production edges higher in 2024 — chairman
Chairman Maximo Pacheco said output rose by 3,000 to 4,000 tonnes from 2023's 1.325 million tonnes in a "turnaround" year.
Barrick to halt Mali mine amid fresh export restrictions
Barrick is now banned from exporting gold from Loulo-Gounkoto's stock on site, which further disrupts normal operations.
Codelco eyes $800m extension to keep Gabriela Mistral open until 2055
Environmental permit application includes ending the use of domestic land-based water at the mine in 2035.
Petra Diamonds cuts forecasts, jobs amid market weakness
Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.
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.