Brazil’s president unveils new mining law
Reforms include proposal to potentially double mining royalties to 4%.
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US firm buys half of Tinkler’s stake in Whitehaven Coal
Former Australian mining billionaire forced to sell in order to pay off debts.
Absolute liability for offshore drilling in Canada to increase to $1 billion
Offshore drilling companies to face $1 billion absolute liability payments.
China sinks another $1.32bn into Peruvian copper project
Chinalco Mining Corp. adds more investment to boost production capacity.
Russia plans to export more coal to southeast Asia and beyond
A new port plus an expansion at an existing port will meet growing demand.
Gold price drops to one month low ahead of Fed decision
Gold investors are worried that Fed chairman Ben Bernanke could announce on Wednesday that the Fed will start tapering off its quantitative easing program.
Soitec Develops the First CPV Training Program in South Africa to Stimulate Employment of Local Population in Growing Solar-Energy Industry
Soitec is building a 44-MWp utility-scale CPV power plant in South Africa
Iron ore price extends 6% rally as China mulls relaxing import rules
The proposed end to the licensing system marks something of retreat for Beijing which has made many attempts to wrest control over pricing away from the major producers.
Chilean miners the best paid in South America, sixth highest in the world
The average annual salary is about $97,500, not so far from the global average of about $98,700.
