Peru mining chamber says tax hike proposal risks $50 billion investment The National Society of Mining, Oil and Energy said Francke's proposal would "irreparably" damage competitiveness in Peru's mining sector. Reuters | December 13, 2021 | 11:08 am
Forrest reignites battle with BHP group for nickel miner Billionaire mining magnate Andrew Forrest has boosted its offer to buy out Noront Resources. Bloomberg News | December 13, 2021 | 7:41 am
Peru wants to raise taxes on mining sector, says finance minister The mining tax reform is the signature proposal of socialist President Pedro Castillo, who came to office in July. Reuters | December 13, 2021 | 7:12 am
Peru community rejects ‘joke’ offer to end Las Bambas copper mine protest The blockade, in place since Nov. 20, threatens to halt output at the Chinese-owned mine in southern Peru, which produces some 2% of the world's supply of copper. Reuters | December 13, 2021 | 6:49 am
Rio Tinto to write off $2.4bn Oyu Tolgoi loan to Mongolia Writing off Mongolia's debt would speed up the timeline for when the country can start receiving dividends from the project. Cecilia Jamasmie | December 13, 2021 | 3:35 am
New tool monitors countries’ raw materials consumption Countries' material footprints are comprised of the raw materials they consume domestically, showing where those resources come from globally. Valentina Ruiz Leotaud | December 12, 2021 | 11:59 am
Copper miners, smelters inch closer to treatment charge deal The two sides are $8 a tonne apart on where they would like the treatment charge benchmark to be. Reuters | December 10, 2021 | 11:27 am
Under leftist president, Peru faces pitched battle over mining The battle over mining in Ayacucho is a flashpoint for the new government as well as for global metal markets that rely on Peru’s rich deposits. Bloomberg News | December 10, 2021 | 10:10 am
Five charts ask if mining is in a supercycle, one screams no The green energy transition necessitate massive new investments in mining, but how does today’s boom stack up to the aughts? Frik Els | December 9, 2021 | 1:19 pm