viernes, 21 de diciembre de 2018

Zambia tax hike to make most mines unprofitable, group says

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Mining News Digest
Friday 21 December 2018
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The effective tax rate will range from 86% to 105%, with about 27,900 jobs at risk – Zambia Chamber of Mines.

There were no findings of wrongdoing or late payment, the Zambia Revenue Authority (ZRA) said.

The new unit is in charge of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety.

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group's Tropicana operation.

The pricing achieved recently has been affected by soft market conditions in China.

The property hosts the Goldcrest and Grizzly Bear deposits.

From dealing with debt to dividends, to corporate-level acquisitions and asset sales, no one plans to stay still.

Don't listen to what miners say. Look at what they do.

The Highland project consists of 102 Federal lode claims for a total of 825 hectares and is located along the Walker Lane Gold trend.

In a world where the Trump Administration is leading a return to economic and resource nationalism, it's hard to see how global metals can break free of global politics.

We are focusing on the good clients who have an end-user market.

Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.

The company will continue to explore the anomaly as well as look for gabborites containing cobalt.

The lawsuit was brought by the Menominee Indian Tribe of Wisconsin against the US Environmental Protection Agency.

The 2006 Volvo articulated haul truck has over 15,000 hours and is valued at US$ 80,000.

The 'first to be second' attitude of wanting to integrate new technologies once proven successful by others is hampering the testing of new renewable energy solutions at mine sites.

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