Jobs Mining News

These five coal miners spent $95 million on lobbying before going bankrupt

Report claims that Walter Energy, Patriot Coal, Alpha Natural Resources, Arch Coal and Peabody Energy also allocated more than half a billion dollars for top executives salaries in decade before going bankrupt.

BHP hikes exploration spending, to focus mostly on copper, oil

It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.

South African gold miners to appeal ruling in silicosis case

If the class action goes ahead, it will affect almost every gold mine in South Africa, including their parent companies, covering their conduct over the last 50 years.

Rio Tinto to boot iron ore chief in fresh management shake-up

Andrew Harding, once tipped as the most likely person to take the company’s reins, is being replaced by Chris Salisbury, currently leading the copper and coal division.

Decision on TransCanada's Energy East closer than ever as federal board begins review

The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.

Canada’s Erdene Resource sees bright future after striking gold in Mongolia

The company's Bayan Khundii project went from greenfield prospect to the company’s flagship asset in roughly nine months.

Cenovus bumps up caribou protection project with $32M investment

The company aims to replant forests along old access roads and seismic lines in an area covering 3,900 square kilometres — more than 10 times what it accomplished through its early-stage work.

Turquoise Hill soars on Rio Tinto increasing stake rumours

The mining giant is said to have hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.

Luxembourg invests heavily in space mining

First time a country partners with privates to boost the development of the industry.

Cenovus shuts down oil site due to risks posed by Canada’s wildfire

About 118 staff members have been moved to nearby Wabasca by bus and helicopter as a precaution.

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

South African gold miners to appeal silicosis ruling

They will dispute the country's High Court decision last month to allow a class action suit seeking damages for up to half a million miners who contracted silicosis and tuberculosis.

Low coal prices force Glencore to shut Australia’s Tahmoor mine

About 350 people will lose their jobs when the mine closes in early 2019.

Bayer and Planetary Resources to collaborate to improve agriculture with space data

Improving agriculture with crop-specific satellite images.

US coal ash highly rich in rare earths, scientists find

Rare earths content was tested using hydrofluoric acid, which is much stronger and more efficient than industrial methods, but is too hazardous to use on a large scale.

Glencore bids for Anglo American’s coal mines in Australia — report

Other firms interested in the mines include BHP Billion, South32 and X2, with varying reports as to which remain in contention.

Planetary Resources now has $21 million to help miners find resources… on Earth

Funds will be used to deploy and operate the firm's Earth observation program, known as Ceres.

BHP to boost copper output, lower costs at vast Olympic Dam

BHP wants find a way to up output for the industrial metal from its Olympic Dam by 40% even before a proposed and long-awaited mega-expansion of the operation takes place.

BHP's Spence copper mine in Chile hit by fresh strike

The labour action follows two other one-day protests at the mine and comes as BHP mulls a $2.2 billion investment to expand the operation.

Wildfire hitting Canada’s oil sands heart gets closer to major plants

Situation has forced some companies to abandon plans laid last week to restart production.

Canadian oil sands camps evacuated as wildfire shifts north

Forest fires in Northern Alberta have forced additional evacuations at several major operations.

Australia’s geoscientist employment slump enters its third year

Employment prospects for Australia’s professional geoscientists deteriorated even further in the opening quarter of 2016, driven down by mining’s negativity and dashing hopes for an improvement in the geoscientist employment situation.

South Africa allows biggest ever class action against gold giants to go ahead

High Court decision opens the way for up to 500,000 current and former miners to pursue a multi-million-dollar lawsuit against mining companies over respiratory diseases contracted at work.

US court rejects coal CEO Blankenship bid to remain free during appeal

Blankenship is expected to begin serving his time in California today, after being convicted of conspiring to wilfully violate mine safety standards at West Virginia's Upper Big Branch coal mine.

Luxembourg aims high with asteroid mining deals

It’s home to just a half-million people, but the country is not thinking small when it comes to the future of mining.