Leading Developments

After completing the acquisition of the Las Bambas project in Peru in August, MMG announced that the first phase of integration has been completed following the change in ownership. “Las Bambas is a...

Latin America

Newstrike Capital, a Canadian junior company headquartered in Vancouver, has reported robust results from an NI 43-101-compliant preliminary economic assessment (PEA) of its Ana Paula gold-silver...
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Africa

Ivanhoe mines has transferred a combined 26% interest in its Platreef project on the Northern Limb of South Africa's Bushveld Complex to a black economic empowerment (BEE) structure, fulfilling...
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Asia

Lydian International has announced positive results of an updated feasibility study of its 100% owned Amulsar gold project in southern Armenia. The study proposes development of a large-scale,...
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US & Canada

Uranerz Energy has delivered the first drums of U3O8 produced from its wholly-owned Nichols Ranch in-situ recovery uranium project in the Powder River Basin of Wyoming. The shipment of approximately 36,000...
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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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