About 500 iron ore jobs to go at Rio Tinto
The world's second largest miner said the job cuts at its Australian iron ore business are part of a restructuring of the division.
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Teck Resources to buy Toronto’s AQM for $25 million
Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project
Gold’s 2016 bull market moving off course
While we expected additional weakness in Gold and gold stocks (weeks ago) we did not quite expect the kind of selling the sector experienced in the wake of Donald Trump’s election victory.
Rio to idle Hope Downs 4 over Christmas
Employees at Rio Tinto's (LON,NYSE,ASX:RIO) Hope Downs 4 mine in Australia will do better than a lump of coal over Christmas this year.
Landslide in Turkey kills at least 5 miners, traps 11
At least five miners are dead and 11 are trapped after a landslide swept through a copper mine in southeastern Turkey.
Horton expands line of fans, fan drives for mining trucks
Finding means to cut fuel can have a big impact on miners’ bottom lines.
Canada’s Goldcorp to make Borden an all-electric mine
The innovation is expected to eliminate all greenhouse gases associated with the movement of ore and waste rock, equal to 5,000 tons of CO2 per year.
Gold Fields withdraws $1.4bn offer for Kirkland Lake
The Johannesburg-based company, however, said it remained interested in a negotiated transaction.
Canada’s Quebec launches online tool to help suppliers win up to $50bn in contracts
Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years.
