Indonesia mulls new export tax on nickel
In a move to enrich local processing, the Indonesian government may impose an export tax on products containing less than 70% nickel, Reuters reports, citing comments from the country’s Investment…
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Global passenger EV registrations more than double in a year – Adamas report
New registrations of global passenger electric vehicles (EVs) surged by 109% year-on-year during the first six months of 2021, Adamas Intelligence has found in a new report. In its report…
American Pacific shares surge on ‘bonanza’ grabs from an expanded Tuscarora
The equity of exploration and development company American Pacific Mining (CSE: USGD; US-OTC: USGDF) surged as much as 18.4% this morning after the company announced late yesterday that it had…
Sibanye-Stillwater buys 50% stake in Nevada lithium project for US$490M
South African precious metal miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has taken a 50% stake in ioneer Ltd’s (ASX: INR) lithium-boron project in Nevada for US$490 million. The deal is…
Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…
Mining must attract more women – report
Women are leaving the mining industry due to few growth opportunities.
Sonoro Gold completes PEA on Cerro Caliche in Mexico
A preliminary economic assessment of Sonoro Gold’s (TSXV: SGO; US-OTC: SMOFF) Cerro Caliche project in Mexico’s Sonora state envisions an open-pit heap leach operation capable of producing an average of…
NorZinc begins PEA to up Prairie Creek to 2,400 tonnes per day
NorZinc (TSX: NZC; US-OTC: NORZF) has launched a preliminary economic assessment for a 2,400 tonne-per-day production plan for the 100%-owned Prairie Creek silver-zinc-lead project. The underground mine and mill, 200…
Talon Metals hits record nickel, copper grades at Tamarack
One drill hole intersected nickel-copper mineralization grading 7.97% Ni and 11.25% Cu.
FirstRand bank to scrap loans to new coal mines, plants from 2026
It makes it one of only two big South African lenders to close the door on funding for such activities altogether.
Chile lowers copper price estimate for 2021 on lower demand, US stimulus
Chile’s copper commission Cochilco has revised down its average copper price forecast for the year to US$4.20 per lb. from a previous estimate of US$4.30 per lb. on the back of slowing…
MINExpo panel highlights ongoing digital transformation of mining, need to recruit young talent
After a year-long delay, MINExpo 2021 – the mining industry’s first big in-person event since the start of the Covid-19 pandemic – kicked off yesterday in Las Vegas. The massive…