Brazilian mining giant Vale (NYSE:VALE) announced the country's Superior Court of Justice ruled in favour of the federal tax authority in its appeal against an injunction granted in March suspending payment of taxes on overseas profits by the company.
Zimbabwe's mine output increased in the first quarter, leading to surging revenues for government coffers, NewsDay is reporting.
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.
A lower copper price and a strike at its Kansanshi mine in Zambia has bit into the bottom line at Africa-focused base metals producer First Quantum Minerals.
BHP Billiton addressed shareholder concerns about its ambitious investment plans in four mega-projects on Wednesday saying it will match capital expenditures closely with cash flows and stagger the project pipeline.
Canada's gross domestic product surprisingly dropped 0.2% in February, with all fingers pointing at the manufacturing and mining sectors, particularly potash and nickel producers, as the main responsible, says the latest Statistics Canada report.
Oleg Deripaska, CEO of Basic Element and UC RUSAL and President of En+ Group, and Zhang Guoqing, President of China North Industries Corporation, signed a framework agreement on strategic cooperation providing for the joint implementation of projects in the engineering, mining and metal sectors.
The Dow Chemical Company (NYSE: DOW) today announced that it has signed a consulting and supply agreement with Metals Finance Limited (ASX code MFC), of Queensland, Australia.
Xstrata Coal Donkin Management Limited ("Xstrata Coal") and Erdene Resource Development Corp. ("Erdene") (TSX:ERD.TO -News) today announced that Xstrata Coal is seeking an operating coal company to assume its interest in the Donkin Coal project ("Project").
Uravan Minerals and Cameco have signed an agreement whereby Uravan granted Cameco the exclusive option ("Option") to earn an aggregate 70% interest in Uravan's 100% owned Halliday and Stewardson uranium projects (the "Mineral Properties"), Athabasca Basin1, Northern Saskatchewan [map link] by Cameco funding a cumulative twenty-two million dollars ($22,000,000) in exploration expenditures.