Atlas Copco lays off 163 employees
"Continued weak global demand for mining equipment."
Latest Stories
Gold effective in prostate cancer treatment
"It’s well on the way to becoming the norm."
India cuts gold’s import tax
From US$461to $458 per 10 grams.
Justin Bieber loses $40,000 gold chain at Toronto nightclub
It happened during an altercation with a club-goer.
Bolivia to open bids for world’s biggest iron ore deposit
The Mutún reserve is home to 20 billion tonnes of iron ore.
Ashton Coal’s proposed mine ‘not in public interest’, Aussies say
Hunter Valley residents claim the proposed mine will pollute the environment, damaging other regional industries.
Philex Petroleum closes coal mine, executive quits
Zamboanga Sibugay mine turned out unprofitable.
AngloGold Ashanti faces charges for polluting South Africa’s Vaal River
Last week’s spillage from a pipe at the miner's operations in Stilfontein is said to have spread toxic waste over about 1.6 kilometres of the water resource.
Gold tumbles on planned US vote over Syria
After reaching a three-month high of $1,433.83 an ounce on Aug. 28, the yellow metal fell 0.3% to $1,390.31 an ounce by 1:15 pm GMT in London.
