Chile sticks to plan for new mining profit tax up to 32% linked to copper price "Historically, few countries have reached economic prosperity with a low tax load" – Chile finance minister, Mario Marcel. Reuters | July 1, 2022 | 9:39 am
Orea negotiating with Nordgold to take full control of Montagne d’Or JV Montagne d'Or is an open-pit gold development project with potential to increase its reserves through infill and expansion drilling. Staff Writer | July 1, 2022 | 9:33 am
Why sentiment in industrial metals has been crumbling Industrial metal prices have just seen their biggest quarter of falls in many years. Reuters | July 1, 2022 | 9:01 am
Tesla’s EV market share seen plunging to 11% by 2025, BofA says Tesla is likely to lose its position as the dominant EV maker in the US to GM or Ford by 2025, says analyst John Murphy. Bloomberg News | July 1, 2022 | 8:44 am
Gold price keeps its shine as other precious metals fade Gold has held up well relative to silver and platinum. Bloomberg News | July 1, 2022 | 8:39 am
EU looking to ban Russian gold in new sanctions package Russia is the second largest gold mining country in the world, and its gold exports were estimated to be worth £12.6 billion in 2021. Bloomberg News | July 1, 2022 | 8:30 am
Zijin adds China mine in race to join lithium’s global top tier The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province. Bloomberg News | July 1, 2022 | 8:24 am
Vale secures natural gas supply for 100% of pelletizing ops The deal is set to allow Vale's Sao Luis plant to stop running on fuel oil when the supply starts in 2024. Reuters | July 1, 2022 | 8:17 am
Mining People: Athabasca Minerals, Moneta Gold, Talmine Resources, Treasury Metals Key moves in the mining sector. Staff Writer | July 1, 2022 | 6:00 am
