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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

Metals & Mining Industrial Metals & Minerals

TSX:CMK - Post Discussion

Cline Mining Corporation > Richardtrader
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Post by oilismoney1 on Jan 03, 2012 10:32am

Richardtrader

Hello Richardtrader, there was news on bloomberg last night talking about new taxes the indian government was putting on coal,ore, and steel in general, it was supposed to have a positive influence on miners in the west.

Did you follow that

Comment by richardtrader on Jan 03, 2012 10:37am
NO. have to catch up "w" the latest when I get home gotta go to work now. Thank you,though!
Comment by waterboy2 on Jan 03, 2012 10:39am
India raises export duty on iron ore to 30pct Tuesday, 03 Jan, 2012 In a major setback to the Indian iron ore miners, although after a long drawn battle between steel and mining ministry, the Indian commerce ministry has raised the export duty on iron ore to 30% on both fines and lumps effective December 1st 2012 As the duty was previously 20%, the increase amounts to 10%, which translates to ...more  
Comment by oilismoney1 on Jan 03, 2012 10:46am
Thanx  
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