Congo mines minister sees strategic metals decision ‘very soon’
Congo’s updated mining code established the category of “strategic” minerals, to which a rate of 10 percent will apply.
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Norway’s Hydro drops plan to buy Rio Tinto assets
Hydro, which is not interested in acquiring aluminium plants that use coal-fired power, was hoping the deal would be part of efforts to make its output as green as possible.
Chile lawmakers mull additional mining tax for copper, lithium
The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year.
Royal Gold resolves Voisey’s Bay royalty dispute
Altius entered into an agreement with Vale Canada Limited and certain of its subsidiaries to comprehensively settle their long-standing litigation.
Natural flake and synthetic graphite – debate rages on
The industry is asking whether consumers will opt for natural or artificial material, and how this will shape global consumption.
De Beers steps up hunt for fake diamonds with new detector
The world’s top diamond producer by value has led industry efforts to both verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be used to finance violence.
Asia Gold-India shifts to discount; buying tapers off elsewhere as prices gain
In India gold was being sold at a discount of up to $2 an ounce over official domestic prices this week, compared with a premium of $1 last week.
Centerra copper-gold mine in Canada dodges output cuts after securing water sources
Company won’t have to cut output at its central BC-based copper-gold mine, at least for now, as it has been granted approval to use certain short-term water sources.
Anglo American asks Angola for permission to explore for metals
The move makes the company the first mining major to request exploration permits in the country since President João Lourenço vowed to open up the sector and encourage foreign investment.