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Mining / Perspectives


 

Thursday, November 20, 2008   Contact Us | Advertising | Company Info | Jobs at BNamericas |    Select Language:Español

Chris Lodder

President
AngloGold Ashanti Colombia


Due to the global financial crisis, the exploration world is rapidly shifting from a trend in recent years of repeatedly beating investment records, with Latin America at the forefront, to swiftly retreating now that cash is scarce. In this challenging new environment, the gap between companies with ample financial backing and juniors dependent on small equity and debt financings is growing tremendously. In this interview BNamericas spoke with Chris Lodder, president of precious metal major

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Rodney Prokop

VP investors relations
Frontera Copper

November 07, 2008

In the current environment of market instability, credit scarcity and generally declining metals prices, many miners have decided to put development or expansion projects on hold, while others that have been actively mining have chosen to curtail or suspen... more No permission

André Reis

Research coordinator - Amazon region
Brazilian mining institute (Ibram)

October 30, 2008

Brazil's sprawling Amazon region, often obscured in the mining industry by the nation's iron ore powerhouse down in Minas Gerais state, in fact accounts for a fair chunk of the country's mineral exports. In order to discover more about what appears to be... more No permission

Weekly Wrap|Perspectives

Published: Thursday, November 20, 2008

After months of anticipation and uncertainty surrounding Ecuador's new mining bill, which many fear will render the sector unfeasible in the country, President Rafael Correa finally sent the country's transitional congress, or "congresillo," proposed legislation that, according to the government, must be approved before January 3.

Among other issues, the new bill includes a 5% royalty on net production that is calculated based on sales minus a discount for refining expenses and transport.

The bill also proposes stricter environmental controls and limits the exploration period to eight years.

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Coming Up

  • November  27, 2008

    Thanksgiving Day - US markets closed. - Regional

  • December  04, 2008

    Chile's state copper commission Cochilco will hold a seminar to discuss the global economic crisis and its impact on the copper market in Santiago at the Crowne Plaza hotel. - Chile

  • December  25, 2008

    Christmas Day - markets closed. - Regional

  • December  31, 2008

    Feasibility due for completion at Pacific Rim's El Dorado project. - El Salvador

  • January  01, 2009

    New Year's Day - markets closed. - Regional

 

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