Russia proposes raising extraction tax rates on diamonds, gold, iron ore
The proposed tax hikes would be offset by the abolition of export duties linked to the rouble-dollar exchange rate that were introduced in October 2023.
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Cascadia Minerals stock soars on fund manager financing
The private placement is led by Michael Gentile, one of its largest shareholders, who plans to up his stake to 9.99%.
Lithium Ionic arranges $11 million financing for Brazil projects
Net proceeds will go towards Lithium Ionic's two development projects, Itinga and Salinas.
New technocrat Mexican leader unlikely pro-mining even as she replaces ‘whim and bombast’
Claudia Sheinbaum is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador.
Freeport Indonesia raises output target, awaits new export permit
Indonesia banned shipments of all raw minerals from June 2023, but Freeport was given a year-long dispensation.
Iron ore price tumbles to lowest in six weeks on China demand concerns
Iron ore inventories at Chinese ports are the highest in more than two years.
CNGR looks to snap up more lithium projects in Argentina
Senior CNGR executives visited at least three deposits in Argentina last week.
Russia said to seek French-held uranium assets in Niger
Rosatom has had contacts with Niger’s military-led authorities about acquiring assets held by Orano SA.
Australia orders Chinese investors to sell down stake in rare earths miner
Northern Minerals is developing the Browns Range heavy rare earths project in Western Australia.
