Peruvian mining sector to pay record $3bn in taxes in 2021, says industry group The group also forecasts that the mining sector will pay 17 billion soles in taxes on average each year from 2022 through 2026. Reuters | August 10, 2021 | 12:08 pm
US House bill would give tax credit for rare earth magnets The bill is the latest in a string of U.S. legislation attempting to cobble together a national strategy to produce more lithium, rare earths and other strategic minerals. Reuters | August 10, 2021 | 12:04 pm
SilverCrest on schedule for first production at Las Chispas in 2022 The company expects to reach 80% completion of construction by the end of the year. Canadian Mining Journal Staff | August 10, 2021 | 10:55 am
BHP gets closer to wage deal at Escondida Negotiators asked labor authorities for a one-day extension in a mediation process. Bloomberg News | August 10, 2021 | 9:41 am
Flash crash shows why it’s tough to be bullish on gold right now Gold’s swift drop to the lowest since March has highlighted a tough truth for the precious metal -- there’s a growing list of reasons to be gloomy. Bloomberg News | August 10, 2021 | 9:23 am
New gold ETF’s rise shows low cost is king for wary investors iShares Gold Trust Micro, which debuted in June, has amassed about $560 million in assets. Bloomberg News | August 10, 2021 | 9:17 am
Perpetua stock surges on antimony supply deal with Gates-backed battery developer Perpetua's Stibnite project in Idaho is currently the only domestically mined source of the critical mineral in the US. MINING.COM Staff Writer | August 10, 2021 | 8:56 am
Copper price bounces back on Chile supply concerns Several mines in the world's top copper producer country are in the throes of tense labor negotiations. MINING.COM Staff Writer | August 10, 2021 | 8:33 am
Iron ore price at over four-month low as China plans Olympics curbs Steel hub Tangshan will extend existing curbs to March 13 next year to ensure good air quality for the Beijing Winter Olympic Games in February. MINING.COM Staff Writer | August 10, 2021 | 8:11 am