Taxonomy: Sector Affected - 14
Metal ores
Chile: Forced shrinkage of Anglo American's stake in its Chilean subsidiary
Description
On October 12, 2011, the Chilean state mining company Coldeco announced its willingness to buy a 49 per cent stake in Anglo American Sur, the Chilean copper unit of the British mining company Anglo American (holding a 100 per cent stake).Argentina: Repatriation obligation for foreign earnings in mining and oil and gas
Description
On October 25, 2011, the Argentine president issued Decree no. 1722/2011, which stated the obligation for all mining and oil and gas companies to repatriate their foreign earnings.Vietnam: Increased import duties on certain mineral resources
Description
On 25 April 2013, the Vietnamise Ministry of Finance issued Circular no. 44/2013/TT-BTC increasing import duties on the following mineral resources: Increase of duty from 30 to 40 per cent on:Brazil: Facilitated rules concerning the foreign financing of Brazilian exporters
Description
On 4 December 2012, the Brazilian Central Bank issued Circular No. 3.617 of 2012, which eased rules on the foreign financing of Brazilian exporters.Kyrgyzstan: De facto expropriation of a Kazakh company
Description
In 2010, the joint venture Jerooyaltyn lost its licence for operations of Jerooy, the second-largest Kyrgyz gold deposit.Bolivia: Nationalisation of the tin and zinc mine Colquiri
Description
On June 20, 2012, the Bolivian government has revoked (with Supreme Decree No 1264) Glencore’s lease of the tin and zinc mine Colquiri. The mining operations were then transferred to the state mining company Comibol.Venezuela: Nationalisation of Assets of a Russian-Canadian Mining Company
Description
On August 23, 2011, the Venezuelan President Hugo Chavez introduced a regulation (Decree No 8.413) on the nationalisation and expropriation, without compensation, of assets and mining concessions owned by Rusoro, a Russian-Canadian mining company.Bolivia: Cancellation of mining concessions granted to a Canadian miner
Description
On August 1, 2012, the government of Bolivia issued the Supreme Decree No. 1308 revoking the mining concessions held by the Compañia Minera Malku Khota S.A.India: Increase in export tariff on iron ore
Description
On 30 December 2011, the Government of India (according to Notification No. 129/2011) increased export tariffs on iron ore and concentrates other than iron ore pellets from 20% to 30%.Italy: Aid to compensate for damage caused by the earthquakes of May 2012
Description
On 14 September 2012, the Italian Government notified the European Commission about an aid measure designed to compensate the damage caused by the earthquakes of 20 and 29 May 2012 in the Regions Emilia-Romagna, Lombardy and Veneto.
