BHP’s productivity gains are cheered by investors — and unions
BHP has said it expects to deliver $2 billion of net productivity gains by the end of the 2019 financial year.
Latest Stories
S. Africa’s Mponeng gold mine could hold key to surviving in space
New study uses the conditions inside of the mine to better understand how life might survive on Jupiter’s moon Europa, which is considered a prime candidate for the search of extraterrestrial activity.
Mexico slaps billionaire’s steel company with fine for stock manipulation
Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making “prohibited trades” under a law banning simulating price or volume.
For coal miners, it’s time to exit or get rich: Russell
If there is a trend at play here, it’s that diversified miners are the ones most likely to exit coal.
Sibanye says clears most illegal miners from gold shafts
Illegal gold mining has plagued South Africa for decades and it costs the government and the industry more than 20 billion rand ($1.7 billion) a year.
Freeport says no plans to sell Congo cobalt asset as buyers circle
Freeport is looking at other options for the asset, including possibly a joint venture to develop the large cobalt project.
Condor Gold soars as Nicaragua project won’t relocate residents
Company's technical team believes the La India project is both technically viable and economically attractive with a redesigned open pit that does not require community resettlement.
Norsk Hydro to buy Rio Tinto aluminum assets for $345 million
The proposed acquisition also includes an offer for Rio’s 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in Sweden.
Lucara Diamond names new CEO, invests in digital sales platform
Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.
