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ArcelorMittal to review Canada, Brazil iron assets

ArcelorMittal to review Canada, Brazil iron assets

ArcelorMittal is evaluating a potential sale of some of its iron ore operations, as the world’s biggest steelmaker seeks to cut debt by divesting non-core businesses, people familiar with the matter said. The company is reviewing its iron ore assets in Canada, Brazil...
Zambia scraps sales tax plan in concession to miners

Zambia scraps sales tax plan in concession to miners

Zambia will not replace its value-added tax (VAT) with a non-refundable sales tax as previously planned, Finance Minister Bwalya Ng’andu said on Friday, in a concession to mining companies that had fiercely opposed the proposal. Zambia, Africa’s second-largest copper...
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