Galaxy is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina.
The export surcharge was raised on two occasions last year to 30% to keep ore inside the country for local steelmakers amid a mining ban in the state of Karnataka instated in July. That ban is now being lifted.
A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35% of their export loads.
At least three people were killed and 20 injured in northern Peru yesterday after a clash between police and protesters opposed to the $5 billion Conga gold mine planned by Newmont Mining in the northern region of Cajamarca.
In a report published this week, the Government of New South Wales concluded that women are underrepresented in the high paying industries of mining and construction and increasing their involvement is still a big challenge.
The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.
The Canadian Press is reporting that Barrick Gold (NYSE:ABX) was handed a setback by Argentina's supreme court, which brought back some glacier protection laws that the mining giant had until now sidestepped.
Coeur d'Alene Mines (NYSE:CDE) says that the captial markets have deteriorated, and the silver miner won't be proceeding with its previously announced debt offering.