China to axe 1.8 million coal, steel jobs
As part of the government’s ongoing efforts to reduce industrial overcapacity.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Death toll from Russia’s mine disaster climbs to 36 as rescuers killed in new explosion
The bodies of four miners were recovered after the initial disaster, but the remains of the six rescuers who died trying to reach the stranded miners are yet to be found.
Avalon Rare Metals is now Avalon Advanced Materials
Name change reflects a switch on the company's focus.
Zimbabwe diamond firms revolt, to sue Gov’t over mining ban
Affected companies are said to be looking for a way out of the situation, which includes legal actions or even international arbitration.
Alrosa’s diamond reserves up to 1.108 billion carats
The update comes as the world's top diamond producer revealed the results of its prospecting and geologic exploration carried out last year
Coal mine explosion in Russia kills 4, 26 missing
About 110 coal miners were underground when a seismic jolt caused part of the structure to collapse late Thursday.
Vale posts record loss, to sell core assets
It posted a fourth-quarter net loss of $8.57 billion, its fifth drop in the past six quarters.
USA, Mexico energy policies a mounting risk for Canada’s oil sector — IEA
Heightened competition between NAFTA members to export crude oil, poses serious challenges for Canada, says the agency.
Venezuela, Canadian gold miner settle dispute in $5 billion deal
The agreement will see the parties embark on a joint venture that will run the Las Brisas and Las Cristinas mines.
South32 looking for assets despite $1.75bn loss, massive layoffs
Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
