London Calling ponders recent Western moves on Africa A while ago, the world’s biggest gold producer bid more than C$7 billion for Zambian copper miner, Equinox. The takeover is likely to proceed without hitch now that Barrick’s only major competitor,...
All Tanzanian companies (not just mining companies) are entitled to a refund on their input VAT. Thus, the recent announcement that AngloGold Ashanti and African Barrick are among those seeking a refund of more than US$270 million of this tax isn’t an anomaly as...
What you may not know about Goldcorp’s Marlin mine in Guatemala A shareholder resolution asking Goldcorp to suspend operations at its embattled Marlin mine in Guatemala’s western highlands has been circulated to shareholders and will be voted on at the...
Banks opposed to the planned combination of TMX Group Inc and London Stock Exchange Group PLC are looking for ways to thwart the deal, and are seeking the backing of Canada’s biggest pension funds. Talks among large Canadian financial institutions searching for an...
Australian Greens Leader, Senator Bob Brown, has returned from Papua New Guinea vowing to push for an Australian Senate inquiry into the impact of undersea mining. PNG is home to the world’s first deep sea mining project. It’s owned by the Canadian firm...
The Chinese regime wants to develop two or three new iron mines with a capacity of more than 100 million tonnes a year; several more with a capacity of about 30 million tonnes a year; and a raft of smaller projects, each producing a few million tonnes. The government...