At the same time, North Korea is shunned by much of the global community. Its human rights record is the subject of constant scrutiny. Not surprising then, that the announcement of the Jongju...
More inAsia  


The financial year to June 30 was extremely challenging for South Africa’s mining industry, PwC stated in the seventh annual edition of its SA Mine series. Local cost pressures, labor action, and...
More inAfrica  

Latin America

Timmins Gold has agreed to buy the complete process plant and select auxiliary equipment used in the operation of Goldcorp’s El Sauzal mine in Chihuahua, Mexico for relocation to Timmins’ Ana Paula...
More inLatin America  

US & Canada

Star Mountain Resources announced in mid-October that it is acquiring Hudbay’s Balmat zinc mine in upstate New York. Balmat has been on care and maintenance since August 2008. The care and...
More inUS & Canada  

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.

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.