Amplats axing over 400 jobs in South Africa
Anglo American’s platinum unit cited dark outlook for the sector as main reason for the cuts.
Latest Stories
Chile may revoke Teck’s copper mine permit over environmental breaches
Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.
Australia’s Paladin Energy gets historic ok to run uranium mine in Canada
Until now Canadian companies needed to have at least 51% stake in any uranium project.
Firestone Diamonds delays Lesotho mine launch
Adverse weather conditions and the need to shift more earth than previously anticipated have also added $13 million to overall costs.
The world is awash in oil — is Canada making it worse?
Collectively, Canada's energy sector lost more than $600 million in the first three months of this year, and the Canadian economy shrank in the same period, as the collapse in oil prices took its toll.
Quarry, Aggregate and Mining Sale
Starting this Wednesday, June 25.
Caterpillar lets go of 50 workers
More cuts at the East Peoria, Illinois campus.
Gold hidden as parts of microwaves, DVD players seized at Indian airport
A total of 56 passengers are being investigated.
Apple’s fascination with gold explained
"Particularly impressive"
