Nickel Archives

POSCO's stake in Black Rock Mining will increase from 10.1% to 19.99% after the first tranche of the investment. Reuters | September 3, 2024 | 3:30 am Bolivian state lithium firm YLB replaces CEO

Chile: Congress approves bill on new mining royalty

A tax applicable on the mining margin; The new provisions set a limit or total potential tax burden for mining activity, according to which the total effective taxation on the mining industry (including the first category tax, final taxes, and mining royalty) cannot exceed of 46.5% of the taxable adjusted mining operational income (TAMOI).

Chile's New Mining Royalty Tax Lacks Clarity That Investors …

The second is a mining margin component, which can have marginal rates of up to 26% for copper mining entities and varies depending on the operating margin of …

Chile mining royalty bill progresses after …

Chile mining royalty bill progresses after committee approves. By Reuters. January 4, 2023 8:54 PM UTC Updated ago ... Reuters, the news and media division of Thomson Reuters, is the …

Copper Archives

Bloomberg News | September 1, 2024 | 4:41 pm. Power Nickel taps into Chile's copper secrets with Fleet Space tech. ... The union, which represents the mining, metallurgical, and steel industries ...

XCMG making global rigid mining truck push in Australia, …

Earlier this year, IM Editorial Director Paul Moore saw its XDE130 AC diesel-electric drive truck, the first in Chile, on show at the Exponor 2024 event in Antofagasta. …

Chile sees record copper production next year

Chile is expected to produce a record 5.8 million metric tons of copper in 2025, the state-run Chilean Copper Commission (Cochilco) said on Tuesday. The …

Chile's New Lithium Strategy: Why It Matters and What to …

On April 20, the Chilean government announced its new lithium strategy, which plans to give control of the country's lithium industry to the state. While Chile's decision is fueling much debate and commentary, this article explains why Chile's lithium production is particularly important and lays out some of the key questions and …

Miners in Chile to pay more taxes as long-awaited reform …

Chilean lawmakers have approved an amended mining royalty bill, in the works for almost two years, which will make companies operating in the country pay …

Department of Mining Engineering

The Universidad de Chile has a 160-year tradition of educating mining engineers. The program was created under the leadership of Andrés Bello in 1853, during the presidency of Manuel Montt. Since then, the program's professionals have contributed to the development of the Chilean mining industry, leading important technological changes in ...

Chile: lithium mining versus flamingos and aquifers

Chile: lithium mining versus flamingos and aquifers. Chile: lithium mining versus flamingos and aquifers. Chile: lithium mining versus flamingos and aquifers Nature. 2023 Jun;618(7965):457. doi: 10.1038/d41586-023-01912-2. Author Cristián Bonacic. PMID: 37311957 DOI: 10.1038 ...

Impact of Chile's New Mining Royalty Law on FDI | Jones Day

This White Paper, which is available in English and in Spanish, provides an overview of the history of Chile's Mining Tax Reform and recently adopted Mining Royalty Law, examines how these legislative changes may potentially affect large mining operators, and discusses how foreign investors might mitigate their legal and political risk in Chile ...

Chile rethinks mine safety after worker deaths and …

Chile is taking another look at health in safety in its mines after two workers died on a mining construction project in July and a giant sinkhole more recently opened up near a copper mine.

The latest South American mining news | Global Mining …

BHP and Lundin Mining have agreed to jointly acquire Filo Corp and form a joint venture to progress two copper projects in Argentina and Chile. Vale reports strong 2Q24 results Tuesday, 30 July 2024 10:00

Mining News | Mining Investment and Finance News

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team. Mining Journal Intelligence Global Leadership Report 2024: Net Zero.

Understanding the impacts of mining on local environments

J-WAFS researchers Scott Odell, a visiting researcher in MIT's Environmental Solutions Initiative, and John Fernández, a professor in MIT's Department of Architecture, are examining climate change, copper mining, and desalination, and their environmental and social impacts on Indigenous communities, glaciers, and agriculture …

Zinc Archives

The union, which represents the mining, metallurgical, and steel industries,… Reuters | August 30, 2024 | 1:24 pm CEO of Korea's No. 2 zinc producer arrested after fatal accident

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Lithium Archives

Rio Tinto, Eramet, BYD eligible for Chile's Altoandinos lithium project Enami aims to formalize a public-private partnership by March 2025. Staff Writer | August 29, 2024 | 9:31 am

Today's mining news updates from around the world

More mining news updates. Philippi-Hagenbuch introduces lightweight truck bodies with durable steel Thursday 29 August 2024 10:00. Philippi-Hagenbuch has introduced a custom-engineered approach to manufacturing lightweight mining bodies for maximised capacity and durability. Epiroc releases new long-hole production drill rig ...

Market Data

No 1 source of global mining news and opinion

Chile plans to raise copper mining royalties and reform tax …

Item 1 of 3 Chile's President Gabriel Boric speaks during the ad of a bill of reform to raise copper mining royalties and reform tax system, at the government palace La Moneda in Santiago, Chile ...

Canada Archives

No 1 source of global mining news and opinion

The new mineral era is here, and Chile is at the centre of it

The new mineral era is here, and Chile is at the centre of it. 26 October 2023. Although humans have been mining since prehistoric times, we are living through a new era of …

Chile sticks to plan for new mining profit tax up to 32

Chile's finance minister, Mario Marcel, on Friday introduced a tax reform bill that increases copper mining royalties on companies that produce more than 50,000 tonnes a year and raises taxes on ...

Chile's New Mining Royalty Tax Lacks Clarity That Investors …

The second is a mining margin component, which can have marginal rates of up to 26% for copper mining entities and varies depending on the operating margin of the company. Tax experts and investors are questioning exactly how the new tax will affect the bottom line, particularly of copper mining projects in Chile.

Chile's mining industry — a vanguard in climate change …

Climate change has magnified its grip on Chile, with central regions enduring a surge in temperatures of 1-2°C above the norm (1981- 2010) in …

The 11 best websites for mining industry news

The Northern Miner has been providing global mining news (despite its name suggesting otherwise) since 1915. Sister title to Mining and Canadian Mining Journal, this website is perhaps secondary to the print publication which is distributed to paid subscribers every two weeks in newspaper form. Newsletters round out the offering. 5.

Chile sticks to plan for new mining profit tax up to 32

One is an ad valorem tax between 1% and 2% for companies that produce between 50,000 and 200,000 tonnes of fine copper a year and a rate between 1% and …

Chile outlines plans for mining to increase traceability, use …

Chile has outlined plans to require miners in the country to increase traceability, slash water use amid a prolonged drought, and bolster the diversity of their leadership in a mining policy ...