ArcelorMittal South Africa paying first fine instalment in parts
ArcelorMittal South Africa, which has agreed to pay a 1.5 billion rand ($116.85 million) fine for colluding to fix steel prices in five instalments.
Latest Stories
Rio Tinto to retrofit Pilbara trucks for autonomous handling
Mining giant Rio Tinto Ltd said it plans to expand its fleet of autonomous trucks operating in Australia’s Pilbara iron-ore region, part of a cost-cutting program across its operations.
Newcastle: world’s biggest coal export port announces shift away from coal
Newcastle, the world’s largest coal export port, must “urgently” diversify its traffic, the port’s incoming chairman has said, warning that the “long-term outlook for coal is a threat to the port”.
A real Downer: Adani to go it alone on Carmichael
Indian conglomerate cancels $2.6-billion contract with Downer Group.
Copper jumps to 3-week high
Benchmark copper on the LME settled up 1.4% to US$6,886 a tonne.
Alamos establishes 1.6M ounce reserve base at Manitoba mine
Alamos Gold (TSX,NYSE:AGI) has come out of the gate with an impressive feasibility study conducted on its Lynn Lake Gold Project in Manitoba.
US lab tests record-breaking magnet
The "32 T" is 3,000 times stronger than a small refrigerator magnet.
Mexican miners reach deal with Canadian company, go back to work
If a deal wasn't reached by December 15, the company was not going to be able to compensate local employees.
CHART: High flying metals to fall back to earth in 2018
Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.
