Peru to target miners’ ‘excess profits’ in tax reforms
Peru will focus on surplus profits, potentially through an “adjustment” to taxes.
Latest Stories
Vale in advanced talks to sell Center-West system
The companies, which produce iron ore and manganese ore, accounted for $110 million in adjusted EBITDA in 2021.
Carmakers will “need to become miners” – Benchmark
Even if every lithium, cobalt, nickel and graphite green and brownfield project in the pipeline comes on stream “there will not be enough” raw material going into 2030.
Panasonic to spend $5 billion on EV batteries, software
The Osaka-based manufacturer will invest 400 billion yen in growth segments including electric-vehicle cells.
Samarco creditors postpone debt restructuring decision to April 18
The Brazilian joint venture offered improved conditions to creditors in a new restructuring plan.
LME nickel volumes tumbled 28% in March amid shutdown
The average daily volume of combined LME nickel futures and options slumped to 64,952 lots in March.
Silver miners’ Q4 2021 fundamentals
The silver miners’ stocks have rallied in recent months, but are still underperforming gold stocks.
Russia seeks new ways to sell its $20-billion-a-year gold output
Russian miners are considering direct exports, and both producers and lenders are exploring sales in Asia and the Middle East.
Orla Mining declares commercial production at Camino Rojo
Orla has officially joined the list of precious metals producers in Mexico.
