Asia

Newly elected President Rodrigo Duterte stated recently that the Philippines can survive without revenue from mining companies. He warned mining companies—which contribute about P40 billion a year...
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Africa

Ivanhoe Mines began permanent shaft-sinking work on Shaft 1 at the Platreef platinum-group-metals, nickel, copper, and gold project in South Africa in mid-July. The shaft will have an internal...
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Latin America

Pan American Silver has commissioned a new sulphide ore processing plant at its La Colorada operations in Zacatecas, Mexico—a major milestone in the company’s project to increase La Colorado’s...
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Leading Developments

Komatsu America Corp. will debut the 400-ton 980E-4 haul truck at MINExpo 2016 in Las Vegas. With a 3,500-hp engine, the 980E-4 builds on a long history of success with electric-drive trucks.

US & Canada

Tahoe Resources has acquired Goldcorp’s 2% net smelter return royalty related to production at Tahoe’s 100% owned Bell Creek mine in the Timmins district of Ontario. The companies have also signed a...
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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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