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Copper: Royalty reform in Chile
The Chilean government has announced a tax reform bill that will introduce a new royalty system for mining companies that extract copper. The bill envisages a variable royalty rate, dependent on the amount of copper sold. Rates could increase up to 32% depending on...
Copper: Anglo American’s Quellaveco produces the first concentrate
Anglo American said on Tuesday it had started producing copper concentrate from its $5.5 billion Quellaveco mine in Peru, which is expected to produce between 100,000 and 150,000 tonnes this year. Earlier this year, the company, which holds a 60 per cent stake in the...
Copper: Peruvian authorities seek to maintain dialogue between Las Bambas and indigenous communities
As dialogue between the Chinese mining company MMG Ltd and six Peruvian indigenous communities has stalled and the 15 July deadline to find a solution to a months-long conflict approaches, government authorities are striving to keep the dialogue alive by ensuring that...
Aluminium: Hydro is expanding recycling capacity at its German plant
Norsk Hydro began construction on 7 July on an expansion at its aluminium recycling plant in Rackwitz, Germany, which will add 25,000 cubic metres per year of capacity dedicated to the production of special billets made from a greater mix of post-consumer scrap....