Gemfields faces 21% tax as Zambia restores export duty
Shares in Gemfields (LSE:GEM; JSE: GML) fell on Wednesday after the coloured gemstones miner said it faces a high tax bill in Zambia following the government’s decision to re-introduce a…
Politics
Barrick gives Mali a week to lift restrictions before shutting Loulo-Gounkoto mine
Barrick Gold (TSX: ABX; NYSE: GOLD) has set a deadline this week for Mali to remove new export limits and resolve a dispute over its Loulo-Gounkoto mining complex or it…
Cameco’s uranium, Ivanhoe’s copper, Agnico’s gold lead BofA’s picks this year
Cameco (TSX: CCO; NYSE: CCJ), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Steel Dynamics (Nasdaq: STLD) are Bank of America’s top choices for…
Nippon Steel to sue Washington after Biden blocks US$14.1B US Steel deal – Nikkei
Nippon Steel says it will sue the United States government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel, Japan’s Nikkei business daily reported….
Oman exports first copper in 30 years
Oman has sent its first shipment of copper concentrates, resuming exports of the red metal from the sultanate after a three-decade hiatus. The Lasail mine in Sohar, 200 km north…
Forecast: What will impact gold prices in 2025?
In order to focus on what will be important in determining gold prices in 2025, we first need to lay out three important points that help frame New York-based CPM…
Cassius Mining takes Ghana to court for US$277M
Cassius Mining (ASX: CMD) is taking Ghana to court in London seeking US$277 million in damages for alleged contract breaches that killed the company’s Gbane gold project and may involve…
Canada to impose new tariffs on China
Canada is to slap more tariffs on a range of imports from China early next year “to combat unfair Chinese trade practices,” the federal government said Monday in its 2024…
Unrest pushes Syrah Resources to declare ‘force majeure’ at Mozambique graphite mine
Allegations of fraud in Mozambique’s general elections in early October have ignited protests and paralyzed mining operations across the country, including Syrah Resources’ (ASX: SYR) Balama graphite operation in the…
Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina
Rincon is the company’s first commercial-scale lithium operation.
Economics, not regulation, the main reason behind delay in BC’s mines, study shows
Contrary to popular perception, stringent regulation may not be the biggest factor behind the delay of mining projects in British Columbia, according to a new study published in the Royal…
El Salvador’s mining ban stifles US$3 trillion in unearthed gold, president says
El Salvador, which became the first country in the world to ban metals mining, could be losing out on transformational wealth due to its massive unearthed gold deposits, President Nayib…