Revised Colombia tax bill still puts mining investment at risk – industry group
The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.
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Norsk Hydro cuts aluminum output as demand falls
Hydro's Norwegian plants produce just over 1 million tonnes of aluminum annually.
Nickel spreads collapse as banks face soaring financing costs
The jump in the dollar and borrowing costs have made it much more expensive for banks to finance London Metal Exchange positions in recent days.
Copper production to show “strong and consistent” growth for next decade
New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.
Gold price rebounds as rally in dollar pauses after record high
The dollar’s rally paused on Tuesday, providing relief for bullion, which rose as much as 1.2%.
Wyloo renames Noront as ‘Ring of Fire Metals’ and resumes nickel exploration activity in Ontario
Noront's primary asset is the Eagle's Nest project, which has been billed by Wyloo as the largest high-grade nickel discovery in Canada since the Voisey’s Bay find in Labrador.
Federal guide for inclusion of Indigenous knowledge in impact assessments
The Government of Canada has announced a new framework to guide inclusion of Indigenous knowledge in impact assessments for mining projects. The […]
Federal guide for inclusion of Indigenous knowledge in impact assessments
The Government of Canada has announced a new framework to guide inclusion of Indigenous knowledge in impact assessments for mining projects. The […]
BHP wants to expand presence in Peru, says executive
BHP said it will invest $12 million on exploration in the next 10 months and is evaluating six potential projects.
