BHP Billiton to slash copper production costs, increase output
The miner expects to lower production costs to $1.08 per pound during the 2017 financial year, from a projected $1.21 per pound in the year ending June 2016.
Latest Stories
KGHM taps BC start-up to help manage mine worksite
A start up building worksite management technology for miners.
Global oil fundamentals on the eve of Opec
After a year and a half of lower crude prices, there is little expectation that Opec, under pressure from dominant force Saudi Arabia, will change course at this week’s meeting.
Mining majors capitulate as metals rout continues
World's five largest mining companies together have lost an astonishing $570 billion in market value since 2011–the worst period of performance since 1966.
Canadian Oil Sands granted one more month to fend off Suncor’s hostile bid
The poison pill provision must expire by Monday, Jan. 4, 2016.
Mapping Alaska’s fatal flights
Summer months are the deadliest.
Even the iron ore price will bottom
Big three close to falling victim to their own scorched earth strategy.
Iran mining bigger opportunity than oil
Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.
Bauer Gear Motor hosts energy efficiency technology forum
Electric motors are estimated to consume 70% of all the energy used in industry. Bearing this in mind, it’s no small wonder that there is an ongoing process of legislation requiring new technologies to adhere to ever higher standards of efficiency.
