GST’s impact on India’s gold market

MINEX FORUM | June 8, 2017
img0 On 1st July, India’s labyrinth of taxes will be replaced with a simple, nationwide Goods & Services Tax (GST). This is the biggest fiscal reform since India’s liberalisation in the early 1990s. While gold consumers will face a slightly higher tax rate, and the industry will go through a period of adjustment, we see the ...

Mundoro Capital launches the new drilling program at the Tilva Rosh gold target

MINEX FORUM | May 23, 2017
img0 Mundoro Capital Inc. (TSX VENTURE:MUN) (“Mundoro”) announced the start of the drilling program at the Tilva Rosh gold target on the Company’s 100% owned Savinac license (“Savinac”). Savinac is one of the four exploration licenses located in the southern portion of the Timok Magmatic Complex in Serbia that are 100% controlled by Mundoro. “The prior ...

Uzbekistan opens up to foreign investors and mining companies

MINEX FORUM | May 23, 2017
img0 *Summary of MINEX Uzbekistan 2017 Mining and Investment seminar http://minexforum.com/events/uzbekistan2017/ Uzbekistan is launching reforms to address pressing economic and social issues. The creation of free conversation of the national currency is the cornerstone of the reform. One of the objectives of the Government is to attract foreign investment in the development of country’s mineral resources and ...

Polish mining decreased in April

MINEX FORUM | May 23, 2017
img0 The Polish Statistical Office has released the first set hard macro data for April, showing that the Polish economy has entered the second quarter well although industrial production continues to decrease. The overall impression is though, at first glance, spoiled by the fact that industrial production declined by 0.6% year-on-year in April but this result is ...