News

Brazilian miners up in arms as lawmakers hike iron ore, gold royalties

By analyst By Cecilia Jamasmie Mining companies operating in Brazil are warning the government the recent approval of a bill that hikes royalties for iron ore and gold may end costing the country much more than what it would potentially gain. In a vote Wednesday, Brazil’s lower house of Congress passed a bill that would […]

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Legal kerfuffle in Spain around uranium mine environmental assessment

By analyst By Valentina Ruiz Leotaud Spain’s National Audience dismissed a series of allegations presented by Berkeley Energia (ASX:BKY) against a legal action filed by a group of environmentalists who oppose the company’s Salamanca uranium project. The open-pit mine is the Australia-based miner’s flagship project and is located on the Retortillo-Santidad uranium deposit near the

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Canadian producer wants to expand Arizona gold mine

By analyst By Valentina Ruiz Leotaud Vancouver-based Northern Vertex Mining (TSX.V: NEE) announced today that it has filed the Preliminary Economic Assessment for its Moss Gold Mine, located in northwestern Arizona. With the PEA, the company intends to demonstrate the upside of reactivating this historic gold/silver project, whose expected mine life is of 10 years.

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Canadian miner loses appeal to move human rights lawsuit to Eritrea

By analyst By Valentina Ruiz Leotaud The British Columbia Court of Appeal upheld a 2016 ruling by the B.C. Supreme Court that dismissed an appeal by Nevsun Resources (TSX:NSU) to have a human rights case against the company moved to the Eritrea. Both tribunals agree that the province’s court has territorial jurisdiction since Nevsun is

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