Asia

Aspire Mining’s Mongolian rail subsidiary, Northern Railways, has received a formal letter from the Mongolian government confirming that a multidepartmental working group has been established to...
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Africa

Orezone Gold has announced highlights from a recently completed independent feasibility study of its 100% owned Bomboré gold project in Burkina Faso, West Africa. The study envisions a shallow,...
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US & Canada

Magnetation LLC filed for bankruptcy on May 5. The company recovers high-quality iron ore concentrate from previously abandoned iron ore waste stockpiles and tailings basins on northern Minnesota’s Iron Range...
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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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