Asia

Golden Star Resources has reported the results from a feasibility study of development of an underground mine on the high-grade West Reef deposit on its Prestea property in southwest Ghana. The...
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Africa

Latin America

Silver Standard Resources has entered into an agreement with Golden Arrow Resources to explore, evaluate and possibly develop Golden Arrow’s Chinchillas project in Jujuy province, northern...
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US & Canada

Nyrstar NV announced on December 7 that it is placing its middle Tennessee zinc mines on care and maintenance to further minimize cash consumption in its mining segment as it continues to address...
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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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