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Peru: government asks Congress for authorisation to increase mining taxes
Peru's leftist government has asked Congress for authorisation to raise taxes on the mining sector, funds that the administration wants to use for social programmes. The government wants to 'fine-tune the fiscal regime of the mining sector', according to a copy of the...
Copper: Antofagasta appeals US plan to block Twin Metals mine
Antofagasta Plc reported Wednesday that it would ask US officials to reconsider a proposed 20-year ban on mining in Minnesota’s Boundary Waters region, a plan announced last week that would block its Twin Metals copper and nickel project. According to Julie...
Aluminium: Rusal’s sales fall in the third quarter
Russian aluminium producer Rusal reported on Wednesday that its third-quarter sales fell 9.2% year-on-year to 915,000 tonnes due to strained transportation systems in Russia and abroad. Rising sea shipping costs have pushed Chinese producers to send more goods to...
Copper: mining protests spread to Peru
Peru's Antamina copper and zinc mine, which is partly owned by Glencore and BHP Billiton, reported on Tuesday that protesters blocked a road, demanding that the company honour its commitments to the local area. The demonstration is the latest in a series of protests...