Colombia abandons plan to tax gold exports
Colombian finance minister José Antonio Ocampo said the government has withdrawn a plan to introduce a 10% duty on gold exports included in the tax reform bill submitted by the…
Regulatory Issues
Two Trevali managers arrested in Burkina Faso due to Perkoa mine flood: reports
Burkina Faso news sources report that two Trevali Mining (TSX: TV) executives were arrested in the country due to the tragic flooding at the Perkoa zinc mine that trapped and…
‘Overexploitation’ caused sinkhole near Lundin Mining copper project, Chile government says
Chilean authorities say they can “confirm” the massive 36.5-metre diameter sinkhole which emerged on July 30 near Lundin Mining (TSX: LUN)’s Alcaparrosa copper mine is tied to mining “overexploitation”. Lundin’s Chilean unit…
Permitting woes have Chile’s miners feeling ‘under threat’
A rash of permit rejections for mining projects by the new left-wing government has rattled nerves in Chile’s mining industry. First came the rejection of Anglo American’s (LSE: AAL) US$3-billion…
Taseko granted draft permit for Florence copper project in Arizona
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) has scored a small, but key win in the long-dragged permitting process for its Florence copper project in Arizona as the U.S….
Oz Minerals rebuffs US$5.8B takeover bid from BHP
Australian copper producer OZ Minerals (ASX: OZL) rejected on Monday an unsolicited A$8.4 billion (US$5.8 billion) takeover bid from the world’s largest miner BHP (NYSE: BHP; LSE: BHP; ASX:BHP), stating…
Greenland Minerals to fight draft rejection of mining permit for rare earths project
Australia-based Greenland Minerals (ASX: GGG) said on Tuesday it will fight the Greenland government’s draft decision to reject a mining permit for the company’s Kvanefjeld rare earths project, based on a nationwide…
Barrick, Pakistan set funding structure for Reko Diq copper-gold project
Barrick Gold (TSX: ABX; NYSE: GOLD) and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the US$7 billion Reko Diq copper-gold deposit. The agreement in…
Ecuador court endorses environmental permits for Dundee’s Loma Larga
Dundee Precious Metals (TSX: DPM) has scored a win in Ecuador as a local court upheld the validity of the company’s environmental permits for exploration at its Loma Larga gold underground…
Sigma Lithium mine to benefit from new rules in Brazil
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) says its 25%-ready Grota do Cirilo lithium project in Brazil will benefit from a presidential decree issued last week allowing unrestricted trade of any…
Savannah Resources shares hammered as Portugal lithium project subject to further EIA step
Shares in Savannah Resources (AIM: SAV) fell as much as 35% in early trading today after revealing the sudden exit of its chief executive and having to complete an additional…
Scottish wisdom for Canada’s mining securities regulators on NI 43-101 overhaul
My first half century on this planet was filled with the great joy, and occasional terror, of having a Scottish mother. Gladys brought to Canada an arsenal of words and…