Tag Archives: Mining

Sajjan Jindal-owned South West Mining

According to Money Control, South West Mining, owned by JSW Group Chairman and MD Sajjan Jindal, has won an iron ore mine in Jharkhand, auctioned last week. Situated in the state’s Bhangaon region, the mine has reserves of 40 million tonnes. The company now will have to get necessary to develop the mine. “The annual […]

Africa’s mining sector to rise

According to Mining, despite the fact that, through the enactment of new laws and regulations, local governments in Sub-Saharan Africa are starting to claim a larger share of their countries’ mineral resource wealth, BMI Research believes that investments in the region will continue to rise in Q3-2018. “On March 10 President Kabila signed into law […]

Iran might investigate this mining project

According to Tolo News, Iran is willing to invest in Sangan iron ore mine in Herat province and process the mineral resource inside that country. However, the Afghan government has called for processing the mineral resource inside Afghanistan, the acting minister of mines Nargis Nehan said. Sangan iron ore is located in bordering areas between Afghanistan […]

New Mining DRC

Congolese President Joseph Kabila signed a law about a new mining code, which will release royalties on minerals across the board. This is while he tries to shore up the funding and support needed to retain the power. According to the Mining Review, the decision was done by the executives following the DRC parliament’s passing […]

Asteroids may ruin the mining industry

Asteroid mining used to be a science fiction but it seems like things are getting closer to reality. Several private companies have focused on how to launch satellites with risks for future colonization. Due to the technological advancement, asteroid mining became legitimate prospects. As Resource World pointed out, there are millions of asteroids in space […]

New Mining Rules in Tanzania

The Tanzania mining sector will lock out law firms, insurance companies, and foreign-owned banks. This is reportedly part of the new fierce regulations that intend to limit the ownership in the mining-related matter. Tanzania, famous for being the fourth largest producer of gold in Africa, is set to overhaul the fiscal and regulatory regime of […]

Mining in Mexico, its risks and rewards

Mining investments in Mexico have ongoing and evolving risks like many others countries in Latin America. Mining Technology revealed that a report says the country’s tax agency was holding more than $360m in tax rebates owed to six Canadian miners. This includes $230m for Goldcorp, despite the stability of Mexico’s government and its favorable investment […]

The Country of Congo and its mining law

The executives will look for the Democratic Republic of Congo’s mining minister at this week’s Mining Indaba in Cape Town. This is to explain major shifts in royalties and tax policy in the country’s mining bill. According to Financial Times, the bill was reportedly approved by parliament. It only awaits the president’s signature at the […]