• Mining Facts Resources on mining and mining policy

    MiningFacts.org examines the Canadian mining industry’s activities and impacts on the environment, communities and economies in Canada and around the world.

Kazakhstan’s on the Right Path

10/22/2014 11:09:04 AM

Kazakhstan is finding out that even small changes in policy can pay off. Bloomberg is reporting that Kazakhstan is set to ease rules on foreign investment in mining and is planning on awarding between 50 and 100 new mining licenses beginning next year. Erlan Sagadiev, Kazakhstan’s deputy minister investments and development was quoted as saying that “[n]ext year will probably be the most active year and we would expect international mining companies coming in and bidding.”
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On Nevada Mining Tax - Caution Needed

10/16/2014 10:10:35 AM

On November 4th, as much of the U.S. is fixated on the approaching Midterm Elections, many people in Nevada will be pondering the implications of Question No.2 on this year’s ballot. Section 5 of Article 10 of the Nevada Constitution provides that taxation on profits from mineral based resource industries shall not exceed 5 percent, and Question No. 2 asks whether Nevadans would like to amend the constitution to remove this provision.
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Indonesia’s Troubling Mining Situation

9/11/2014 03:05:56 PM

This week the Indonesian government took steps that may derail future investment within the country’s mining industry. The Wall Street Journal is reporting that Indonesia has reached an agreement with two major mining operators—Freport-McMoran and Newmont—that will see a 7.5% levy on mineral exports.
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