South Africa platinum talks to end 6-week strike break down
Tuesday’s apparent softening of the union position was not enough to keep negotiations open.
Cecilia Jamasmie , Editor-in-Chief
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Fresh signs of imminent Oyu Tolgoi deal between Rio Tinto and Mongolia
Engineering and project management company AMEC has began advertising for workers on what appears to be the famous mine.
Ivory Coast wants UN diamond export ban lifted
Government says diamond trade is no longer a threat to fuel instability as civil war has ended and the Kimberley Process has backed the lifting of the embargo.
Shale gas revolution unlikely to go global any time soon: BHP’s MacKenzie
The world’s No.1 mining company's CEO believes coal will remain the main source of affordable energy for growing economies.
Mexican police seize 119,000 tonnes of iron ore mined by drug lords
In massive raid at one of the country’s main ports.
South African platinum miners review wage demands, will march in Pretoria as strike, talks, go on
They still want monthly entry wages to start at US$1,200, more than double current levels.
Glencore Xstrata logs $7.4bn net loss, eyes oil deal with Russia
Despite the gloomy results, the commodities giant revenues for the year jumped 9% to $232.6 billion
Worker dies at AngloGold Ashanti mine in South Africa
Preliminary investigations indicate the deceased, an electrician, was fatally injured in a heavy equipment incident.
Chilean court revokes Barrick’s Pascua-Lama $16-million fine, but orders new ones
Far from being good news, the resolution orders Chile's environmental watchdog to charge Barrick for each and every of the 22 violations found in the project, instead of grouping them into five categories as it did the first time.
Australia’s high-costs jeopardizing its mining, energy growth
Companies want to bring more foreign workers as a way to lower production costs.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
