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US-based miners Newmont and Freeport-McMoRan Inc halted exports in January after Indonesia imposed a hefty export tax that the miners said violated their mining contracts. The export tax was part of moves to force all miners to develop local mineral ... Read more...
Silver Wheaton is a precious metals streaming company which signs long term purchase agreements with mining companies producing silver or gold as a by-product. It provides funds for capital expenditure upfront when a project is being developed and ...and more » Read more...
JOHANNESBURG (miningweekly.com) – The CEO of Zambia-focused Mopani Copper Mines has warned that the withholding of value-added tax (VAT) refunds due to copper mining companies by the Zambian government, may negatively impact the company's plans to ...and more » Read more...
A week after winning a three-year court battle against Japanese giant Sumitomo Metal Mining allowing Axiom to start the development at the project area, the company reported on Wednesday that it had been served with an application seeking an interim ... Read more...
Meanwhile, diversified miner Rio Tinto subsidiary Turquoise Hill Resources, which held a 26% stake in SouthGobi after selling 29.95% of the coal miner to Hong Kong-based National United Resources Holdings in July, last week reported that it had ... Read more...