Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.
Free easy-to-understand brochure about Ebola.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
And the rapid fall in the iron ore price, the Sierra Leone miner's dispute with Glencore and the slow rampup. But especially Ebola.
New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.
Although investments in extractive industries have contributed to high economic growth rates in the past several years, this growth has not translated into significant reductions in poverty or improvements in health and employment for the general population.
With mines back in operation and some already up to full production, various companies such as Impala Platinum, Diesel Power and Sibanye Gold will be taking to market a variety of redundant and surplus plant and equipment via an online auction.
Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.
Harmony Gold, Sibanye Gold Ltd., and AngloGold Ashanti named among the top candidates to consider deals.
The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.
Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.
JSW Steel has almost clinched a deal that would see India's third-largest steel company acquire embattled London Mining (LON:LOND), sources close to the negotiations revealed on Friday.
Energy and Water Development Minister Christopher Yaluma says security wings have managed to trace some illegal gold miners and dealers on the black market in the ongoing investigations.
Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.
The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.
Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.
The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold.
The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.
Investors claim Liberty International Mineral Corporation CEO has cut off all contact with most of the people who invested at least Cdn$18 million in his company.
Anglo's chief warned the company plans to take severe measures over the next two years.
Transaction marks the end of a dreadful venture for the mining giant.
It’s good to be Ivan Glasenberg’s neighbour.
The iron ore miner warned Wednesday that its shares now had "little or no value."
KEFI Minerals (AIM: KEFI), an emerging gold miner with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to announce that it has reactivated the Mining Licence Application (“MLA”) for its Tulu Kapi gold project in Ethiopia, which had been suspended in mid-2013 by the previous owner of the asset.
Speaking at a 300-plus delegate event in Germany RPM’s CEO, Mr. Richard Mathews said there is an ongoing productivity Transformation in mining, which is set to challenge conventional thinking.
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