Mongolian gov’t looks to end dispute with miners
VANCOUVER — Reports have surfaced that discussions within the Mongolian parliament may end a stalemate between the central government and international mining companies active in the country.
Regulatory Issues
Nautilus settles dispute with PNG government
VANCOUVER — Shares of explorer Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) were on the rise following an agreement with the Papua New Guinean (PNG) government that could set the development stage at the company’s Solwara 1…
Commentary – Private property rights needed on First Nations land: Fraser Institute
The following is an edited summary from the Fraser Institute’s report: Divergent Mineral Rights Regimes: A Natural Experiment in Canada and the United States Yields Lessons by John Dobra. To read the full report visit…
China loses REE dispute at WTO
A dispute panel at the Word Trade Organization (WTO) has reached a strong decision against the Chinese government policy of restricting exports of rare earth minerals, tungsten and molybdenum — all key ingredients in high-value, high-tech…
PM Harper, BC’s Bennett on rejection of Taseko’s New Prosperity
VANCOUVER — There haven’t been many modern permitting processes in Canada that have cast as large a shadow as the federal government’s recent rejection on environmental grounds of Taseko Mines’ (TSX: TKO; NYSE-MKT:…
Gabriel to fire 400 employees in Romania
Gabriel Resources (TSX: GBU; US-OTC: GBRRF) is set to reduce its workforce by 80%, or 400 employees, at its Rosia Montana gold–silver project in Romania if the new government makes no clear move to advance the project.
Tahoe’s CSR strategy in Guatemala
VANCOUVER — Tahoe Resources (TSX: THO; NYSE: TAHO) is a bit of a trailblazer when it comes to community relations and corporate social responsibility (CSR) around its Escobal underground silver mine in the municipality of San Rafael Las…
Rob McEwen on gold, royalty companies and Argentina
In January 2013 Rob McEwen’s McEwen Mining (TSX: MUX; NYSE: MUX) opened its 100%-owned El Gallo 1 open-pit heap-leach mine in Mexico for $13 million. This year the mine is expected to produce 40,000 oz. gold at an average cash cost of…
Taseko denied New Prosperity
VANCOUVER — Despite a $300-million adaptation to save Fish Lake, the Canadian government will not allow Taseko Mines (TSX: TKO; NYSE-MKT: TGB) to build a $1.5-billion open-pit copper–gold mine at its New Prosperity project in…
What’s a better store of wealth: Bitcoin or gold?
There’s been a lot of talk about the new currency on the block: the bitcoin.
Commentary: Income tax changes for miners in Canada and Quebec
The past months have brought many changes to the taxation of the mining industry in Canada. These new measures generally have the effect of tightening access to certain tax incentives specific to the mining sector, both at the federal and…
Commentary: A better response to Mexico’s new mining taxes
The recently introduced mining tax regime in Mexico has been widely criticized by mining company executives, the business press, and a variety of mining lawyers, newsletter writers and consultants. The reform includes a 7.5% royalty along with…