Coal India profit drops after wage cost provisions jump 12-fold Coal India reported a 17% decline in profits following a 12-times surge in provisioning for higher staff wages. Bloomberg News | May 7, 2023 | 10:57 am
Malaysia gives Lynas extension to keep rare earths unit open Lynas has an additional six months to get its rare earth plant in line with environmental requirements. Bloomberg News | May 7, 2023 | 10:50 am
Gold mine fire in Peru kills 27 This is Peru's single deadliest mining accident in more than two decades. Reuters | May 7, 2023 | 10:36 am
Filtering device that efficiently recovers lead may also be used for retrieving battery metals from water A new capacitive deionization device can adsorb lead much more efficiently than similar devices. Staff Writer | May 7, 2023 | 6:34 am
Oil crash sends speculators fleeing at fastest pace in six weeks Speculators are once again fleeing the oil market, setting the stage for more extreme price swings. Bloomberg News | May 6, 2023 | 1:03 pm
Vedanta Resources repays $800 million loans to StanChart Vedanta Resources said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity. Bloomberg News | May 6, 2023 | 12:50 pm
Odds ‘n’ Sods: How not to drill a project, Part 2 We'd learned some tough lessons in Phase 1, and this time around we were going to be smarter. Ralph Rushton | May 5, 2023 | 1:03 pm
ABB completes acquisition of Siemens low voltage NEMA motor business The line of horizontal and vertical induction severe duty and general purpose motors will be re-branded as ABB and reintroduced to the market during second quarter of 2023. ABB | May 5, 2023 | 12:28 pm
Iron ore price slides to six month low Increased equipment maintenance amid shrinking margins will further cap demand for iron ore in the short term – analyst. MINING.COM Staff Writer | May 5, 2023 | 10:35 am