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.
Jobs Mining News
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.
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.
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.
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.
The company's Bayan Khundii project went from greenfield prospect to the company’s flagship asset in roughly nine months.
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.
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.
First time a country partners with privates to boost the development of the industry.
About 118 staff members have been moved to nearby Wabasca by bus and helicopter as a precaution.
An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.
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.
About 350 people will lose their jobs when the mine closes in early 2019.
Improving agriculture with crop-specific satellite images.
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.
Other firms interested in the mines include BHP Billion, South32 and X2, with varying reports as to which remain in contention.
Funds will be used to deploy and operate the firm's Earth observation program, known as Ceres.
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.
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.
Situation has forced some companies to abandon plans laid last week to restart production.
Forest fires in Northern Alberta have forced additional evacuations at several major operations.
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.
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.
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.
It’s home to just a half-million people, but the country is not thinking small when it comes to the future of mining.