Jobs Mining News

Donald Trump approves Keystone XL pipeline

He said the project would employ 28,000 people, with TransCanada predicting only 13,000 temporary construction jobs and the US State Department saying only 50 of them will be permanent positions.

Mosaic to pay hefty fine over accident at its Colonsay potash mine

Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.

Illegal gold mining in Venezuela causing deaths, malaria, gang fights and deforestation

A three-year recession in Venezuela paired with ramping inflation and food shortages has prompted many mining for gold in mafia-run illicit operations.

Polemic Carmichael coal project in Australia to get going as early as August

Work on the delayed mine to start shortly after the federal government grants it final approval, which is expected before the end of May.

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

MICROMINE implements its fleet management and mine control solution, Pitram at one of the world’s largest copper-gold mines, Oyu Tolgoi

MICROMINE has implemented its leading fleet management and mine control solution, Pitram, at the Oyu Tolgoi copper-gold mine in the South Gobi region of Mongolia.

Shell sells Canadian oil sands businesses in deals worth $8.5 billion

Once the deals close, there will be only three major companies — CNRL, Suncor and ExxonMobil majority-owned Imperial Oil Ltd. — dominating Canada's oil sands industry.

Rio Tinto chairman Jan du Plessis steps down, set to lead BT

He joins a growing list of chairmen who are leaving some of the world's' top mining companies, including BHP Billiton and Anglo American.

Oil sands jobs may be gone for good

With oil holding steady above US$50 a barrel since December after having bottomed out to about $26 in early 2016, energy analysts say the growth of automation and other labour-saving efficiencies could hold back many jobs from returning with the economic recovery.

Glencore’s profit soars on commodities rebound

A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.

Anglo American not selling assets any more as it returns to profit

The world's number five diversified miner posted its first annual net profit in five years.

Coal dust near Great Barrier Reef worries scientists, environmentalists

Coal has washed up very close to the UNESCO World Heritage Site, Australian authorities said, following an investigation into complaints of black dust on nearby beaches.

Rio Tinto logs first annual gain since 2013 on iron ore rally

Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.

Denmark's largest energy firm to ditch coal by 2023

Coal consumption had been cut by 73% since 2006, Dong Energy said, and its power stations would replace the fossil fuel with sustainable biomass.

Coal use in Europe on its way out — report

Coal generation in Europe is falling and will continue to do so due to competition from cleaner energy sources and governments efforts to cut emissions, a study by The Economist Intelligence Unit (EIU) shows.

Moon Express ready for first private lunar trip after raising another $20M

The private space exploration firm has enough money to hit the moon by the end of 2017.

US, Canadian engineers back Keystone XL application, urge swift approval

Operating Engineers in the U.S. and Canada stand ready to build this essential piece of North American energy infrastructure.

TransCanada submits new application for Keystone XL permit

The company has spent at least $2.5 billion on the project, whose total cost if built would be at least $10 billion due to delays and permitting costs.

Potash Corp profit down 70% on weaker prices, expects challenging year ahead

The firm anticipates “challenging market fundamentals” in the phosphate-fertilizer market, adding that it is currently assessing the value of some assets, which may lead to writedowns.

Copper takes some shine off Anglo American’s results

The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.

Trump greenlights Keystone XL and Dakota Access pipelines

The US President has signed two separate orders that advance the construction of TransCanada’s Keystone XL and Energy Transfer Partners LP’s Dakota Access oil pipelines.

Yamana Gold resumes operations at mine in Chile after deal with unions

The strike has not had a significant impact on mine and consolidated production, the company said.

Mosaic to reopen Colonsay potash mine in a matter of days

Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.

Erdene new gold zone at Mongolia Bayan Khundii project larger than expected

Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.

Canadian oil sands producers could fetch up to $15 more per barrel with this technology

The adoption of a“partial upgrading” technology could bring in hundreds of millions of dollars into Alberta's economy, a new study claims.