Mining News and Commentary

Taxes and royalties paid by mining companies in Australia equivalent of Federal Government spending on education

Aussie miners paid A$30.6 billion in company tax and royalties in 2017-18.

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Antofagasta expects copper deficit of up to 300,000 tonnes this year

The Chilean miner expects demand to outstrip supply in 2019 as consumption growth remains positive, but production increases continue to be minimal.

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TerraX traces high grade Giant mine zones onto its BDC target zone

The historical core confirms mineralization from 50 to 425 metres below surface. The company is planning surface work to develop additional drill targets.

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Brazilian court freezes $260 million from Vale’s accounts

The world’s iron ore producer has faced continued backlash from Brazilian authorities since the deadly mining dam accident that killed around 300 people in January.

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