Asia

Oyu Tolgoi LLC announced on February 18 that it had shipped its 1 millionth metric ton (mt) of copper concentrate, approximately 19 months after its first concentrate shipment in July 2013. Oyu...
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Africa

Roxgold Inc. received the exploitation permit for its Yaramoko gold project in Burkina Faso in late January and was expecting to begin initial site work shortly thereafter. The exploitation permit was...
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Latin America

Lundin Gold announced in early February that it has assembled an integrated engineering team for the feasibility study of its Fruta del Norte gold project in southeast Ecuador. Lundin acquired the...
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US & Canada

Following passage on December 19, 2014, of a federal land bill conveying 10,400 acres of federal land to the city of Yerington, Nevada—land that will subsequently be conveyed to Nevada Copper—the...
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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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