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Lincoln Gold Mining Sign LoI With ADGIS Acquire Gold Mine Deposit, California
Lincoln Gold U.S. Corp., a subsidiary of Lincoln Mining Corp. has signed a Letter of Intent with ADGIS. Letter of Intent regarding acquisition of mining assets in the Imperial County, California. Mining assets include Cruz Oro gold mine. Payment of royalties from gold mining exploration worth U.S. $ 50,000 per year and will increase to [...]
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
India Increased Royalties Iron Ore Mining Company 10 Percent
Indian government will increase the value of royalties from mining companies do mining exploration in India by 10 percent. Increased royalties for mining companies are expected to help increase state revenues. Indian Mines Minister said the proposal is submitted to the cabinet has been approved by the cabinet. Increased mining royalties include: iron ore, diamonds, [...]
Ghana Earning Royalties and Corporate Tax From Gold Mining Companies
For centuries, Europeans stripped Ghana of its gold deposits to such an extent that in colonial times it was known as the Gold Coast.
Activist and Mine Workers Demand Africa Mining Tax Reforms
African governments should publish and review all tax subsidies and concessions given to multinational mining firms to boost resources that could be used for fighting poverty, activists said on Wednesday.
Canada Mining Company, Ivanhoe Mine To Develop Copper Mine Deposit in Mongolian
The Mongolian government has given the long-awaited green light for a proposal by Canada’s Ivanhoe Mines to develop one of the world’s richest copper deposits, the company said.
Azure Mineral Testwork Copper-Gold-Silver Mine Concentrate in Mexico
Azure Minerals has announced that the initial metallurgical testwork program undertaken on representative mineralised samples from the high grade Promontorio copper-gold-silver deposit has returned very promising results.
South Africa Government Delay Implementation New Mineral and Mining Royalties
In an effort to mitigate job losses in the mining industry, South Africa’s Finance Minister Trevor Manuel on Wednesday proposed that government delay the implementation of new mineral and mining royalties until March 2010.
Mining Companies To Pay Royalties Hard-Rock Mineral-Extraction
A 137-year-old exemption that allows companies to extract hard-rock minerals from public lands without paying royalties could cost the nation $1.6 billion during the next decade, says a new report by the Pew Campaign for Responsible Mining.
