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A number of countries amend mining laws and regulations
Feb 27, 2018

Which countries will be a total ban on mining? Which countries the policies of will support?



In July 2017, the Brazilian parliament approved Michel Temer's proposal for a large-scale mining reform. Under the program, large mines will pay 4% cost of iron ore mining while small businesses pay 2%.


2. Argentina

In June 2017, the Argentine federal government signed a mineral agreement with 20 states. According to the agreement, the upper limit for mining companies to pay taxes to the state government is 3%, and the provincial government should spend at least 1.5% of taxes and fees for mineral infrastructure. In December, the Argentine Department of Energy announced that electricity prices were up 34% and natural gas prices were up 45%.


3. Congo

Congo is Africa's largest producer of copper and the world's largest cobalt producer. In February 2018, both houses of Congress passed a new amendment to list cobalt and tantalum as "strategic minerals" and the royalties levied by the government increased from 2% to 5%.


4. Tanzania

In 2017, the Tanzanian President amended mine regulations many times, including banning the export of gold and copper concentrates, raising land use fees for gold mining and levying mineral export taxes.


5. Philippines

In August 2017, the Philippine government moved a motion banning the mining and export of unprocessed ores in river basins and demanded that mining companies be legally authorized to operate.


6. Indonesia

In early 2017, the Indonesian government passed legislation requiring a 51% stake in all foreign mining companies, while foreign mining companies must also commit to build a furnace within 5 years to upgrade local ore mining.


7. Canada

Northwestern Canada started last year to create its own mining law system. It is hoped that this legislation will increase the mineral competitiveness of the Northwest Special Administrative Region while reducing the damage to the environment and the community's health and well-being.


8. United States

As President Trump came to power, the United States began to limit the development of clean energy and reduce the pressure on the mineral industry from environmental protection.