BHP’s cost cutting measures reach iron ore division
So far the world's largest mining company has not laid off anyone from its iron ore workforce.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
PayPal launches interplanetary payment system
In partnership with two leading groups, the Search for Extraterrestrial Intelligence (SETI) Institute and the Space Tourism Society
Glencore Xstrata cuts coal production at Aussie mines, slashes 450 jobs
In total, over 1,000 coal jobs have been cut this week alone in Australia's mining sector.
Researchers make carbon wire that could replace copper
It is one-tenth the weight of copper, but stronger and much more flexible.
Dozens killed in Sudan gold mine area
Violence is focused on the troubled Darfur region.
UN special forces sent to Congo’s mining hub
In an effort to curb rebels attacks in Katanga, the country's copper mining hub.
Peru’s illegal mining brings in over $3 billion a year: authorities
Activity has increased fivefold in the last six years and is estimated to provide 100,000 direct jobs in the country.
Rio suspends coal exports from Mozambique over threats
Rios' security concerns follow threats from the former guerrilla group Renamo. Vale continues shipments as usual.
Peru halts Gold Fields Chucapaca gold project
Decision follows an inspection that showed the company did not have all the necessary land permits.
Ailing gold prices down to 3-year low, precious metals follow
Precious metals crashed steeply overnight with gold and silver hitting fresh lows, and the yellow shiny metal heading towards its worst quarter in decades.
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.
