Latest News for: gross mine

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Panama reopens talks about the future of a controversial copper mine, but opposition remains

Newsday 22 Mar 2025
Noting the mine’s economic impact — it accounted for nearly 5% of Panama gross domestic product the last year it operated — Mulino said ... Days before the court’s ruling, the Congress had also passed a moratorium on metal mining in Panama. The mine.
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Water and the growth of Indonesia’s mining sector

The Jakarta Post 22 Mar 2025
So, if there’s no water, there’s no mining. In 2023, the mining sector grew to contribute 11.9 percent of Indonesia’s gross domestic product (GDP) and attracted US$4.7 billion in foreign direct investment.
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Editorial: Growth and Sustainability Levy (GSL) on mining frowned on

B & FT Online 20 Mar 2025
Additionally, the Ghana Chamber of Mines also criticised government’s decision to triple the Growth and Sustainability Levy from one percent to three percent on gross production. Mining executives ...
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Brookmount Gold Files Annual Report & Financial Statements for Fiscal Year 2024

ACCESSWIRE 19 Mar 2025
During 2024 the company mined more gold and the price for gold increased from 2023. Gross Profits increased 3.7% to $12,35 million compared to $11.91 million for fiscal year 2023 ... In January, the mine was reopened and mining operations recommenced.
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ACEP criticises proposed mining levy hike

B & FT Online 18 Mar 2025
“We are proposing to increase the Growth & Sustainability Levy from 1 percent to 3 percent on the gross production of mining companies to enable the nation to have its fair share of the windfall from rising gold prices,” he said.
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Critique of 2025 budget: Strengths, shortcomings, and policy recommendations

B & FT Online 18 Mar 2025
raising the Growth and Sustainability Levy on mining companies from 1% to 3% of gross production to capture windfall profits for national development – resonates with the party’s goal of ensuring Ghana benefits more from its natural resources.
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Tax highlights of the 2025 Budget Statement: My take on the way forward

B & FT Online 17 Mar 2025
Growth & Sustainability Levy paid by mining companies is to be increased from 1% to 3% on their gross production. This will impact the mining sector especially where the tax is calculated on gross earnings irrespective of the cost of earning.
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Panama asks First Quantum to end legal proceedings

Mining 14 Mar 2025
FM) to drop legal proceedings against the government at once if the company is serious about negotiating a restart of its shuttered flagship mine ... Panama’s $10 billion copper mine faces tough road to restart.
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Orosur raising $5.0 million for Anza gold project, Colombia

Resource World 13 Mar 2025
Orosur Mining Inc. said it has arranged to raise gross proceeds of up to $5.0 million from a private placement of up to 29.4 million units priced at 17 cents per unit ... miners, Agnico-Eagle Mines Ltd.
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AGI fumes over 3 per cent Growth and Sustainability Levy increase

Business Ghana 13 Mar 2025
The Association of Ghana Industries (AGI) has raised concerns over a proposed increase in the Growth and Sustainability Levy from 1 percent to 3 percent on the gross production of mining companies ... .
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Editorial: Favourable views greet Budget ahead of parliamentary debate

B & FT Online 13 Mar 2025
Asare observed ... Dr ... Also, the Association of Ghana Industries (AGI) has equally raised concerns over a proposed increase in the Growth and Sustainability Levy from 1 percent to 3 percent on the gross production of mining companies ... ....
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Avino Achieves Record Financial Performance for 2024; Improvements Across Key Financial Metrics, Treasury at All-Time High

Resource World 12 Mar 2025
Record Gross Profit.�Gross profit, or mine operating income, was $10.5 million and represented an increase of 308% ... or mine operating income, was $23.2 million and represented an increase of 197%.
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State ‘deemed’ mine tax data confidential; mining backs bill to make data public again

Elko Daily Free Press 11 Mar 2025
For decades, data on gross and net revenues at individual Nevada mines — and the amount of taxes paid on those revenues — have been at the heart of state mining tax debates and legislation. And for decades, the data ... .
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Partap Bajwa hits out at Bhagwant Mann-led AAP govt in Punjab for ‘unfulfilled promises’

Hindustan Times 11 Mar 2025
Partap Bajwa said illegal mining multiplied under AAP government due to its inefficacy ... Bajwa said illegal mining multiplied under AAP government due to its inefficacy.
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Nevada lithium mine project gets $250M investment

Las Vegas Review-Journal 10 Mar 2025
... they will pay $25 million in a production payment agreement, with Orion receiving payments based on minerals processed and gross revenue generated by the mine; and $30 million in convertible notes.

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