MINING.COM

Indonesia jumps on the mining exports tax wagon

Indonesia has decided to have its mining cake and eat it too, as the country, one of the world’s largest exporters of copper and coal, will start imposing a 20% tax on mining exports beginning next week.

Cecilia Jamasmie | May 3, 2012 | 2:38 pm

BioteQ commences 2012 operating season at Minto

BioteQ Environmental Technologies, Inc. (TSX : BQE), company that specializes in the treatment of industrial wastewater, has commenced the 2012 operating season at the Minto Mine site in the Yukon Territories, Canada.

BioteQ Environmental Technologies | May 3, 2012 | 1:32 pm

Randgold profit doubles despite Mali turmoil

Gold producer Randgold Resources (LON:RRS, NASDAQ:GOLD) posted today strong results for its first quarter output and profits despite the political turmoil in Mali, from where it extract two-thirds of its gold output.

Cecilia Jamasmie | May 3, 2012 | 1:22 pm

How quickly can a mining magnate make your salary?

An Australian site has developed an online wealth calculator that allows you to see how a mining magnate can make the equivalent to your annual salary in a matter of minutes.

Cecilia Jamasmie | May 3, 2012 | 12:30 pm

Platinum to rack up eighth year of surplus

Meanwhile, palladium remained in a gross deficit last year, with this being likely to increase in 2012.

GFMS Limited -www.gfms.co.uk | May 3, 2012 | 8:00 am

First Nickel nearly doubles production in Q1

Toronto-based First Nickel (TSX:FNI) had a good quarter, raising its production at the Lockerby mine 87% from Q4 2011.

Andrew Topf | May 3, 2012 | 5:43 am

Brazil mining investment to top $75 billion by 2016

Brazilian investment in mining is about to shatter a five-year record.

MINING.COM Staff Writer | May 3, 2012 | 5:23 am

‘We’ll believe it when we see it’: PotashCorp CEO on BHP’s Jansen mine

PotashCorp chief executive Bill Doyle threw down a challenge to rival BHP Billiton today, saying in an interview with The Financial Post that he doesn't believe the world's biggest miner is able to establish a potash beachhead in Canada with its Jansen mine.

Andrew Topf | May 3, 2012 | 4:55 am

Grupo Mexico profit jumps 35% on higher production

Major copper producer Grupo Mexico reported a 35% jump in first-quarter profit, helped in part by higher mine production numbers.

Andrew Topf | May 3, 2012 | 12:24 am

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