Africa's No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties to help bring down mounting debt.
The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island.
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years
The Australian rare earths miner said it was disappointed with Malaysia's decision to impose new conditions on its licence to operate in the country, adding it was considering all options, including legal action.