Leading Developments

Amid slumping demand, Arrium Mining Ltd. will cut nearly 600 jobs by closing its Southern Iron project in Coober Pedy, South Australia, officials said; 200 full-time positions will be impacted,...

Latin America

Goldcorp has withdrawn its Environmental Impact Study (EIS) for the El Morro copper-gold project in the Atacama Region of north-central Chile. Goldcorp is 70% owner and operator of the project. New Gold...
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Africa

Asanko Gold has released the Definitive Project Plan for Phase 1 of its two-phase Asanko gold mine project in Ghana. Construction has started on Phase 1, with steady state production planned at...
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Asia

Lydian International Ltd. has received approval of the Mining Right for the Amulsar gold project. This represents the final stage of the mining permitting process and grants the company the right to...
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US & Canada

Société ferroviaire du Nord Québécois has selected Canarail, a leading Canadian railway engineering consulting firm, to lead the first phase of a feasibility study of a new 310-km-long railway from...
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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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