Freeport may have to cut Grasberg output by 40%
The miner would need to lay off about 30,000 employees and dozens of contractors if it is not allowed to ship concentrates from the Indonesia.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Abandoned mine may offer novel solution for global warming
Researchers from Stanford University may have found a way to permanently bury greenhouse gas emissions inside the Earth.
Mining jobs in Australia to stage a comeback
Resource industry employment expected to grow 11% in the next five years.
Gabriel’s subsidiary probed for money laundering and tax evasion in Romania
Rosia Montana Gold Corporation (RMGC), is said to have paid more than $300,000 to a firm prosecutors say is a phantom company used by organized crime networks.
Centerra Gold asked to pay over $300m Kyrgyzstan for alleged ecological damage
The country's environmental protection and forestry has filed a lawsuit against the Canadian gold miner.
Gold prices ride rollercoaster on US jobs report
Gold hit a five-month low in the wake of the jobs report, but recovered quickly climbing 4.8% to 1,230.
What does Glencore Xstrata see in coal that others don’t?
The miner and trading house giant is spending more on coal than any of its three closest competitors, BHP, RIO and Anglo.
Diamonds made from human ashes the industry latest (and creepiest) fad
Jewellers are converting the remains of deceased loved ones into "unique" diamonds.
VIDEO: From production to disposal—What’s the life of a smart phone actually like?
If you are reading this on a tabloid or a smartphone, then you are likely holding bits of so-called “conflict minerals,” mostly used in the manufacturing of mobile phones, tablets and laptops.
Bitcoin down 29% as China bans banks from trade
However the Chinese government said people are free to buy and sell it at their own risk.
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.
