Kenya’s new mining tax discourages investment
Gross proceeds from transfers of shares or property subject to withholding tax.
Latest Stories
Belo Sun drops 7% as doubts over $1 billion Amazon gold mine creep in
Brazil's federal authorities issue new warnings about environmental and social impact of the country largest gold project.
Anglo CEO says South Africa licence threats ‘out of order’
Company says it needs to get rid of three mines to preserve its business and profits.
Cost control and project execution to keep Canadian miners busy in 2013
High returns in recent years have attracted a different breed of investor with a different risk appetite to the Canadian mining and metals sector.
Fresh blow to Nat Rothschild in Indonesian coal boardroom brawl
Advisory firm tells shareholder to vote against some of his proposals.
Canada’s Teck Q4 profit fell victim to slumping coal prices
Vancouver-based Teck Resources Ltd. is yet another miner feeling the impact of low coal prices: net profit was down 54% last year from same period in 2011.
IsaMills™ selected for Kazakhmys’ Bozshakol and Aktogay Projects in Kazakhstan
This shows the growing recognition within the industry of the benefits of combining efficient grinding with the flotation benefits from inert media.”
DayLube Nano-Ceramic Grease Extends Maintenance Intervals Provides Greater Friction Resistance than Traditional PTFE Greases
“Customers using DAYLube report significantly longer service life – up to 10-times longer – than traditional PTFE lubricants”
ArcelorMittal lost $3.7 billion in 2012, faces violent protests
Stocks at the world’s top steelmaker by sales, ArcelorMittal (NYSE:MT), were down 1.71% at 10:09 am ET this morning after the company announced Wednesday a $3.7 billion net loss for 2012.
