Chile lawmakers mull additional mining tax for copper, lithium

Having trouble viewing this email?  View online Latin America News Digest Friday 21 September 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Chile lawmakers mull additional mining tax for copper, lithium The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year. read » Three dead, several injured after attack at Continental Gold site in Colombia This is the second time this month the Toronto-based miner mourns the death of staff members in Colombia. read » Mining industry's adoption of blockchain not a question of if, but when — report Blockchain technology and the smart contracts it enables are the innovations the mining industry needs to adopt next, a paper published by global law firm White & Case says. read » Lundin lowers costs, ups reserves for Ecuador's largest underground mine The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That's 73,000 ounces more than what was indicated in the previous estimate. read » Lithium Power closer to start mining at Chile's Maricunga The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date. read » How an Aussie miner and American tech company plan to extract lithium quickly in Argentina Lake Resources and Lilac Solutions claim they can produce lithium carbonate or lithium chloride more rapidly and at a lower cost than others. read » Mitsubishi, Sumitomo said to be after Teck's Quebrada Blanca mine Other companies interested in partnering with Teck include Freeport-McMoRan, China's Aluminum Corp of China (Chinalco) and Canada's base metals miner Lundin Mining. read » Ruling leaves Kidman, SQM's Australian lithium project in limbo Partners may lose their right to develop the Mt Holland lithium project after a recommendation by a unit of the West Australian government that regulates mining leases. read » After 103 years, Chile's Codelco blasts at Chuquicamata pit for the last time Chuquicamata, the company's second largest copper operation by size, is expected to transition to underground block cave mining by mid-2019. read » Yamana warns Argentina's looming tax on exports could hit bottom line Miner is mulling ways to mitigate the impact of Argentine President Mauricio Macri's surprise decision to impose a temporary tax on all exports to strengthen the country's ailing economy. read » Belo Sun license should be reviewed by Brazil federal Gov't, court rules The Canadian company's Volta Grande project is expected to become the South American country's largest gold mine. read » Annual zinc production at top five miners Red dog. read » Vale truck fleet at Brazil mine going fully autonomous in 2019 Using seven Caterpillar 793F CMD autonomous trucks, the miner was able to transport 26% more ore at Brucutu mine in just a month. read » Highest-grade gold mines in 2017 Number one is located Downunder. read » Newmont can't get enough of Colombia, buys 19.9% of Orosur This is the third agreement with a Canadian gold miner with projects in Colombia that Newmont inked in the last 18 months. read » Australia's mining sector pushing for revamped Trans-Pacific Partnership: Interview MINING.com interviewed the Minerals Council of Australia CEO. read » Illegal miners caused 'little damage' at gold mine in Costa Rica: Minister The project was operated by Canada's Infinito Gold up to 2013. read » World's biggest miner speeds hunt for copper assets, buys stake in SolGold BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered. read » Tahoe's Escobal mine licence to remain suspended — Guatemalan court Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people. read » Mining dust could be affecting Chilean glaciers: activists Environmentalists say that glaciers close to mining sites could melt more rapidly. read » Colombia asks for Venezuela's cooperation in case of five murdered miners The workers were killed in a gold mine in the southern Bolívar state. read » Seven new powerhouses to drive mineral demand: EMR exec "It is not just China." read » Newmont to extend footprint in Colombia with Lyra gold project deal The US miner will eventually have to invest a minimum of $3 million in Miranda Gold's Lyra project to be granted a 51% stake on it. read » Teck seeking partner for $4.8bn Quebrada Blanca mine expansion Canada's largest diversified miner said that before beginning the copper mine upgrade, it would have to secure a development partner able to invest $2billion for up to 30% to 40% stake in the project. read » The latest episode in the Crystallex-Venezuela saga PDVSA filed an appeal requesting that a Delaware court vacate a decision granting the Canadian miner the right to seize its U.S. assets. read » BHP seeks approval for $50m U.S. pact over fatal Brazil dam burst It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco. read » Vale eyes expansion of Brazil iron ore mine to feed Chinese demand China, the world's biggest consumer of the steelmaking ingredient, has ramped up buying of higher-quality, less polluting grades of iron ore as it battles to clear its notoriously smoggy skies. read » Tahoe Resources' Guatemalan unit announces new round of layoffs Decision comes two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine. read » How Anglo quietly built a commodity trader in Glencore's shadow In just five years, Anglo assembled marketing operations that now sell more metals than the company produces. read » Nexa says to invest $1.17 bln in Peru, Brazil in five years About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc. read » Collahuasi copper mine in Chile to raise output 4 pct this year -VP The copper mine Collahuasi in Chile is expected to produce 545,000 tonnes of copper this year, 4 percent more than in 2017. read » Code to improve responsible sourcing in artisanal mining launched The Alliance for Responsible Mining (ARM) and RESOLVE have released a code to facilitate increased responsible sourcing from artisanal miners, while contributing to improved social and environmental performance of artisanal and small scale mining sector. read » Read more Latin America news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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