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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.

Tanzania Govern. Mining Firm More To Pay Tax


The Government plans to review its taxation structure in this year’s national Budget to get especially the mining companies to pay more, the Finance minister says.
Mr Mustafa Mkulo, the Minister for Finance and Economic Affairs, who is visiting neighbouring Mozambique, told The Citizen by telephone from Maputo yesterday that the review would particularly target the [...]