The Department of Finance (DOF) on Tuesday opposed a proposal in the House of Representatives to exempt small-scale gold miners
from paying excise taxes.
With this new tax rate and the possible reduction both in the assay fee and in the processing of gold payments in the Security Plant Complex (SPC), small-scale gold miners
have committed to sell back their gold produce to the BSP," Dominguez said in November.
Thirty-seven-year old Chavez is an artisanal and small-scale gold miner
, one of over 300,000 artisanal gold miners
in the country, including over 18,000 women and children, who scraped a hard living by working in ramshackle and dangerous mines.
SAO PAULO, Safar 08, 1439, October 28, 2017, SPA -- Police in Brazil say gold miners
have torched the offices of the country's environmental protection agency Ibama in the northern jungle state of Amazonas, according to AP.
The last few years have been difficult for gold miners
and really tough for gold explorers.
By: Egypt Today staff CAIRO - 4 June 2017: 213 illegal gold miners
were sentenced to one year in prison and a fine of LE 250,000 Saturday by the head of Al-Qoseir Misdemeanor Court, Tamer Al Amir.
However, share prices of gold miners
have been totally disconnected from gold price.
In order to boost production by the industry players, the government is set to open a $15 million mine mechanization plant for small-scale gold miners
In stocks, silver and gold miners
were in the ascendency after investors sought out safe havens when the US dollar took a tumble.
Major gold miners
suffered as gold fell from a peak of $1,883 an ounce in 2011 to bottom out at $1,062 last December.
Yuzhuralzoloto is one of the largest Russian gold miners
, both in terms of production and reserves and resources.
The Market Vectors Gold Miners
ETF (GDX), which tracks a small basket of 37 global mining stocks, surged 45.