Asia

Macmahon Advances Service Agreement for Batu Hijau Macmahon and PT Amman Mineral Nusa Tenggara (AMNT) have signed a binding agreement for mining services for the Batu Hijau copper-gold mine in...
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Africa

Acacia Accused of Under-reporting Mineral Exports A damning report published in Tanzania claims London-listed Acacia Mining has been under-declaring exports, making a quick end to a ban on mineral sales...
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Latin America

Pizarro: Codelco to Keep its Foot on the Brake Nelson Pizarro, CEO, Corporación Nacional del Cobre (Codelco), delivered a speech at the Exponor conference in Antofagasta, Chile, on May 16. Those who...
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Leading Developments

Potash Corporation of Saskatchewan (PCS) and Agrium announced this week that once the anticipated merger transaction closes, the new company will be named Nutrien. According to the two companies,...

US & Canada

Production Begins at Doris TMAC Resources announced that commercial production was achieved on May 15 at its Doris mine and mill complex situated on the company’s Hope Bay property located in the...
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Europe

Boliden: Mine Production Attains Record Level Boliden’s first quarter report was characterized by strong levels of mined production and stable production at the copper smelters. “The metal prices...
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Australia & Oceania

Mount Gibson Redeveloping Koolan Island Iron Ore Mine Mount Gibson Iron Ltd. has initiated work to redevelop and restart production from the high-grade Main Pit iron ore deposit at its Koolan Island...


Brazil's largest mining state, Minas Gerais, imposed a new tax of 2.18 reals ($1.17) per metric on iron ore and other mined ores. For iron ore, it amounts to about 1% of the current price for prompt delivery. It was the second tax levied on the mining industry by a regional government in December. Brazil's Para state, home to of Vale’s Carajas system, imposed a tax of 6.45 reals on iron ore. Legislators in Minas Gerais justified the tax, according to Latinominería, claiming that mining companies should contribute more to the cost of policing their operations.According to Reuters, Vale said the tax was illegal and said it was seeking to contest it.

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