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EXCLUSIVE Deep-sea mining rules to be fast-tracked in push from Nauru -source

EXCLUSIVE Deep-sea mining rules to be fast-tracked in push from Nauru -source
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Canada 'very concerned' about Kyrgyzstan takeover of Centerra gold mine

Canada on Monday said it was “very concerned” by Kyrgyzstan’s move to impose external management on Centerra Gold’s Kumtor Gold Company and warned it could… ....

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Canada's Centerra pursuing 'all measures' after Kyrgyzstan gold mine seizure - CEO

By Reuters Staff
1 Min Read
TORONTO, May 18 (Reuters) - Canada’s Centerra Gold is taking all measures possible to protect shareholder rights and is seeing good support from the Canadian and UK governments, Chief Executive Scott Perry said on Tuesday, a day after Kyrgyzstan seized control of the company’s Kumtor gold mine.
Kyrgyzstan’s parliament voted Monday to take over the gold mine, the country’s largest, after Centerra said it would take the government to an international court.
Reporting by Jeff Lewis Editing by Chizu Nomiyama ....

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Canada's Teck says its copper projects shielded from potential Chile tax hike

By Reuters Staff
2 Min Read
TORONTO (Reuters) -Canada’s Teck Resources sees little risk of higher taxes in copper powerhouse Chile due to a stability agreement that shields the company’s massive Quebrada Blanca Phase 2 copper project from higher levies for 15 years, Chief Executive Don Lindsay said on Tuesday.
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Chile’s lower house this month approved a bill that would sharply hike taxes on copper mining to pay for social programs.
“We trust the Chilean institutions,” Lindsay said at the Bank of America Securities Global Metals, Mining & Steel conference on Tuesday,
“The stability agreements were offered on a transparent and uniform basis under Chilean law and therefore they’re theoretically not negotiable,” he added. ....

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Canada 'very concerned' about Kyrgyzstan takeover of Centerra gold mine

By Reuters Staff
1 Min Read
May 17 (Reuters) - Canada on Monday said it was “very concerned” by Kyrgyzstan’s move to impose external management on Centerra Gold’s Kumtor Gold Company and warned it could have far-reaching consequences on foreign investment in the country.
On Sunday, Centerra said it had initiated binding arbitration against the Kyrgyzstan government, after the parliament passed a law allowing the state to temporarily take over the company’s Kumtor gold mine, the country’s biggest industrial enterprise. (Reporting by Jeff Lewis Editing by Chris Reese) ....

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