South Africa's Richards Bay Coal Terminal has boosted productivity after a 1.34 billion rand ($98 million) machinery upgrade, the firm said on Thursday.
Hundreds of feet below thick forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in an experiment to ditch diesel.
Trumps administration will soon be “taking the first steps” to rescind a move made by the Obama administration to put the national forest off limits to industry activity.
The new measure will affect global mining firms including First Quantum Minerals, Glencore, Barrick Gold Corp and Vedanta Resources which currently pay a flat rate of 9.30 cents/kWh.
Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, plans to sell the company's stake in an iron ore unit and draw up gold sector deals.
Junior miners exploring for cobalt in the DRC reckon increased prices and the country’s high-grade deposits will offset the added costs of new legislation larger companies have opposed.
Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile.