Philippines’ lower house passes bill overhauling mining tax system
Under the bill, large-scale metallic mining operations within mineral reservations shall be subject to a royalty rate of 4% of the gross output.
Latest Stories
Australia billionaire weighs in on Albemarle’s takeover target Liontown
Gina Rinehart's Hancock became a substantial shareholder earlier in September and now owns 10.7%
CarbonScape gets $18 million cash injection to deliver biographite to Europe, US
New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the critical material for lithium-ion batteries.
Cornish Lithium raises $6.2m to support UK project
Funds were secured through a crowdfunding campaign, the largest of its kind any company has undertaken in the UK this year.
CleanTech Lithium to kick off production at second Chile mine in 2027
The company will progress project development in stages and begin production one year after its more advanced Laguna Verde opens in 2026.
Rio Tinto’s legacy uranium mine sees rehab cost blowout
A feasibility study for the site, which was due this month, will be postponed to October.
European Raw Materials Alliance, Greenland Resources partner on Malmbjerg molybdenum project
Cross-regional mining initiative aims for a secure and sustainable European raw materials value chain.
New Pacific Metals raising $26 million to advance Bolivia projects
Both Silvercorp Metals and Pan American Silver, current shareholders of the company, have expressed their desire to participate in the offering.
Alcoa names new CEO in abrupt change as Harvey exits
William Oplinger, chief operations officer, is the natural successor.
