The possible collapse of British Steel comes after Germany's Thyssenkrupp and India's Tata Steel ditched a plan this month to merge their European steel assets to create the EU's second largest steelmaker after ArcelorMittal.
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The company fired about half of the underground workers at its Mototolo mine following an illegal strike.
The platinum producer has started a process that’s required under South African labor law to carry out the workforce reductions.
Mining Association of Canada (MAC) will be in charge of developing program to give miners tools and knowledge needed to better plan for climate change.
The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
The BC mining sector posted positive results for the second consecutive year.
The new vessel is expected to add about 500,000 carat a year of production capacity to Debmarine Namibia, a 50/50 joint venture between De Beers and the African nation's government.
A rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.
Higher prices for a basket of Lonmin's metals and a weaker South African rand helped the London-listed miner to an annual pre-tax profit in 2018, its first since 2013.
Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.
Moves gives Aussie miner access to the Moose River gold complex in Nova Scotia, Canada, which comprises one producing open-pit and three other development projects.
The introduction of new, tougher standards point to a harsher, less forgiving approach to enforcement and larger fines for mining companies that fail to complain to regulations as well as environmental and social expectations.
The mining industry is undergoing a huge technology shift, so it is inevitable that its workforce needs to change.
The gold mining industry that built South Africa and produced about half of the yellow metal that’s ever been dug up seems now to be in terminal decline.
The company added 4,800 hectares to the mine site by signing a deal with a local prospector and through staking.
The Siberian Coal Energy Company partnered with VIST Group to develop an unmanned drilling technology at the Tugnuysky coal mine.
The Young Mining Professionals (YMP) is bumping up its YMP Scholarship Fund for the 2019-20 academic year for students in mining-related university programs in Canada.
The non-profit organization said the new funding will allow for the continuation of its minerals, energy and water related public earth science.
Companies have to do more to push gender diversity, according to Cynthia Carroll, former CEO of Anglo American Plc.
Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.
Coal is Australia’s second-largest income generator after iron ore, and many lawmakers welcome efforts to boost an industry that brings in A$60 billion ($42 billion) a year.
Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea.
More than 8,000 tonnes of ore have already been extracted since early April.
The production and distribution of TV shows and movies employ more people in 34 states than the combined total from the mining, oil and natural gas industries.
The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs.