Atalaya Mining Releases Q2 Operations Update

Atalaya Mining (LSE:ATYM,TSX:AYM) has announced its operations update for the second quarter of 2018. According to the company, Copper production at Proyecto Riotinto (Spain) for Q2 2018 has increased to 10,446 tonnes from 9,058 tonnes reported in Q2 2017, and 9,441 tonnes in Q1 2018, representing an increase of 15 percent and 11 percent respectively. […]

Anaconda Mining Releases Q2 Production Results

Anaconda Mining Inc. (TSX:ANX) announced production results and certain financial information from the three and six months ended June 30, 2018. Highlights are as follows: Q2 2018 Highlights Anaconda sold 4,330 ounces of gold in Q2 2018, generating metal revenue of US$ 7.4 million at an average realized gold price of US$ 1,695 per ounce. As at June 30, 2018, […]

Proposed GST Changes to Support Australian Mining Sector

Australia’s resource sector is rejoicing in light of updates from the federal government regarding an eight-year plan for the distribution of the Goods & Services Tax (GST). The changes set to take place are meant to “reinforce and protect” the system used to distribute GST, called Horizontal Fiscal Equalization (HFE). The adjustments are intended to […]