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BHP Billiton boss warns staff of Brendon Grylls’ mining tax proposal

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 in which Mr Henry, head of the company’s Australian minerals division, said the tax would impact …

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Action needed to maintain mining skills, says committee

mina

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 industry in a report from the Business, Innovation and Skills Committee, which warned of a major …

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Israel panel proposes 25-42 pct tax hike on mining companies

mininng

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 country’s largest mining firm, potash and speciality chemicals maker Israel Chemicals (ICL) , which has lobbied …

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Mining for inclusive growth

Maquinaria

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 governments. The debate largely centers on increasing the government’s share of the total mining revenues. The government’s proposed …

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