In Zambia the Chamber of Mines has requested the government to appoint a foreign auditor. They added that an independent international auditor will be able to address the concerns that had been expressed by the general public over the honesty of the voluntary declarations of mining companies.
The decision to sell leases that would allow mining firms to explore for minerals on private land in north eastern Minnesota was delayed.
A new report that was commissioned by the Minerals Council of Australia says that miners will pay close to $23.4 billion in tax to federal and state governments in 2010-11 financial year. Deloitte Access Economics said in the report that the mining industry has paid an average tax of 41.5% from the financial years between 2007-8 to 2009-10.
Venture Minerals has signed a Memorandum of Understanding (MoU) with Grange Resources for magnetite off-take from the Mt Lindsay tin and tungsten deposit in north-west Tasmania. The deal was signed on Monday.
Cadillac Ventures has commenced its exploratory drilling program at the Burnt Hill project near Fredericton in New Brunswick. The Canadian project is a tin, tungsten and molybdenum project for which phase one of the three planned phases of exploration has begun.
The government in Bolivia may seize mines amongst protests for wage increases. The Bolivian president Evo Morales has already seized control of gas fields, oil refineries, pension funds and telecommunication companies since he came to power in January 2006.
Silver Dragon Resources has announced that its 40% equity owned joint venture, Sanhe Sino-Top Resources and Technologies, has started permitted exploration for this year at its three properties in Northern China.
Cobalt,Copper,Diamonds,Tantalum,Tin
The Democratic Republic of Congo is going to lift the ban on mining in the eastern sector in March 2010. The Mines Minister Martin Kabwelulu said on Tuesday that the ban on mining activities and exports that was applied to North Kivu, South Kivu and Maniema would be lifted.
Adex Mining Inc. (TSX VENTURE:ADE) has announced the completion of its 2010 diamond drilling program on the tin-indium-zinc North Zone at the Mount Pleasant Mine Property in southwestern New Brunswick, Canada and the return of preliminary analytical results.
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