Asia

Amulsar Gold Project Moves Ahead Lydian International Ltd. recently announced that construction at the company’s 100% owned Amulsar gold project is proceeding as planned. As of May 31, project...
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Africa

Acadia, Tanzania Discussing Export Dispute Acacia Mining PLC and Tanzania agreed in June to hold talks aimed at resolving a dispute that has been brewing over an export ban, after Barrick Chairman John...
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Latin America

Construction Well Under Way at Fruta del Norte in Ecuador Lundin Gold has reported that construction of its Fruta del Norte underground gold project in southeast Ecuador is well under way. The mine...
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Leading Developments

Cliffs Natural Resources Inc. announced it has renamed the company to its historical name Cleveland-Cliffs Inc. The company has been an important part of the North American iron and steel industry...

US & Canada

Stillwater Reaches 2-year Wage Agreement With US Steel Workers Sibanye announced that it has secured a two-year wage agreement with the United Steel Workers of America, International Union, 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

Rio Tinto Studying Koodaideri Iron Ore Development Rio Tinto has budgeted A$30.9 million for a feasibility study of development of its Koodaideri iron ore project in the Pilbara region of Western...


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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