Base metals miner Lundin is reportedly in discussions with Japanese trading houses and large miners to turn over between a 40% and 50% stake in its Josemaria copper-gold operation in Argentina. CEO Jack Lundin said in a Reuters interview that it is conducting risk analysis before finalizing plans with its strategic partners for Josemaria’s development. The executive, who was just…
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Chile minister: copper mining royalties to rise
The finance minister for Chile, Mario Marcel, has reportedly outlined a tax reform plan that will not only raise taxes across the country, but will also increase mining royalties for copper companies producing over 50,000 tonnes annually. The plan, according to a Reuters report, would impact some of the industry’s largest producers including BHP, Antofagasta, Codelco and others. It has…
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