Copper giant Peru foresees another production plateau in 2025
Peru's top mining association SNMPE expects the country's 2025 copper output to hit around 2.8 million metric tons, matching 2023.
Radio Free Europe reports an increase in world prices for base metals has made a 60-year old German-owned mining company the largest corporate taxpayer in Armenia.
Data from the positively Soviet-sound State Revenue Committee released on Tuesday show the Zangezur Copper and Molybdenum Combine paying more than 15 billion drams ($41 million) in various taxes and duties in the first half of this year, compared to just 5.5 billion drams the same period last year.
Radio Free Europe / Radio Liberty quotes Samvel Avagian, an independent economist: “Tax revenues are definitely growing faster than the economy, but it would be premature to conclude that the economic situation has improved considerably.”
