taxes

BHP Billiton executive Mike Henry has launched a stinging attack on WA Nationals leader Brendon Grylls' proposed mining tax, warning it is "punitive" and will cause job losses. The warning is contained in a leaked internal email to staff…

U.S. gold mining major Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in PT Newmont Nusa Tenggara, the operator of the open pit Batu Hijau copper and gold mine in Indonesia, to local company PT Amman…

THE state-owned mining firm, the African Exploration Mining and Finance Company, which the African National Congress (ANC) had punted as the answer to the domination of mining by multinational companies, is unable to raise finance to fund…

THE government has approved the drafting of a new tax regime in mining sector it hopes will help bring investment into the cash-starved sector and plans to overhaul the country’s income tax laws as well, finance minister Patrick Chinamasa…

Melbourne: Adani Mining has signed contracts with buyers for selling nearly 70 percent of coal it plans to produce from its USD 16.5 billion Carmichael mine in Australia. Adani Australia CEO Jeyakumar Janakraj said up to 70 percent of…

The Octave Mine was named after eight investors who initially developed it in the late 1890s. It is located along the southwestern base of the Weaver Mountains, about 10 miles east of the Congress Mine. Established at 3,300 feet in…

The Goa mines ministry will take time until March to clear renewal of iron ore mining leases in the state as every case hereon will be studied from all aspects mentioned in the central empowered committee (CEC), Public Accounts Committee…

A "massive contraction" in the number of universities offering degree courses in mining engineering is putting the UK’s extractive sector at risk, MPs say. The Government has been urged to "get its act together" on support for the mining…

An Israeli government panel on Monday proposed sharply raising taxes on mining activities, but it softened the blow by recommending a progressive, rather than flat, rate ranging from 25 to 42 percent. The hike drew the ire of the…

Mining has become a divisive issue, yet it need not be. Efforts to clarify and sharpen the Philippines’ mining policy have generated intense debate among stakeholders, spanning the business community, civil society and the central and local…