A game of chicken is clouding tax debate in top copper nation
As a controversial copper windfall tax goes before Chile’s senate, debate is being stymied by huge differences in estimates for the impact on producers.
Toronto-based private-equity firm Waterton Global Resource Management is launching a proxy fight with Hudbay Minerals, pushing to overhaul the board and oust its chief executive over alleged "mismanagement."
For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
The global initiative requires member countries to disclose how they allocate licences and how much they receive from the companies in tax, royalties and other contributions.