Nigeria has ordered foreign oil and gas companies to pay nearly $20-billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy. In a letter sent to the comp…
Nigeria hits oil majors with billions in back taxes Read More »
Anglo American said on Thursday it has suspended operations at its Moranbah North coking coal mine in Australia after one worker died and several were injured on Wednesday.
The London-listed miner said an investigation was underway into the undergrou…
Anglo American suspends operations at Australian coal mine after fatality Read More »
India’s Adani Enterprises could theoretically win environmental approval for construction of the Carmichael coal mine in Australia in the next two years, a Queensland state resources official said, despite opposition from activists concerned about its …
Albemarle Corp, the world’s largest lithium producer, said on Wednesday it swung to a quarterly profit due to rising sales and prices for the white metal used to make electric car batteries.
The company posted fourth-quarter net income of $129.6-milli…
Albemarle swings to quarterly profit on rising lithium sales Read More »
Albemarle Corp, the world’s largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.
T…
Albemarle bullish on lithium outlook after 4th quarter profit Read More »
Albemarle Corp, the world’s largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.
T…
Albemarle bullish on lithium outlook after Q4 profit Read More »
Glencore on Wednesday said it would "vigorously contest" a $680-million tax demand from the British authorities linked to transfer pricing.
The Swiss-based mining and trading company has offices in London and is London-listed.
Glencore will ‘vigorously contest’ $680m tax demand Read More »
Miner AngloGold Ashanti can resume a soil study halted by a municipal council ban on mining activities, the environmental authority in Colombia’s Antioquia province said.
The mayor of the town of Jerico had ordered a suspension of the work in January …
AngloGold’s Colombia soil study cannot be halted by mayor – provincial authority Read More »
Canadian miner Barrick Gold on Wednesday outlined a plan to settle disputes between its Acacia Mining unit and Tanzania’s government, which includes a $300-million payment to resolve tax claims in the East African country. London-listed Acacia and Tanz…
Barrick outlines proposal to settle Acacia dispute with Tanzania Read More »
Sibanye-Stillwater said on Wednesday it expects its full-year attributable loss to be over $100-million larger than the guidance given in a trading statement last week, following a review of tax changes in the US. The gold and platinum miner’s shares f…
Sibanye-Stillwater raises 2018 expected loss to R2.5bn Read More »
