Finning to cut up to 500 extra jobs this year, chairman steps down
The layoffs are on top of the 1,900 positions Finning decided to axe last year.
Latest Stories
Vale keeps feeding iron ore glut, but misses estimate
The surprise quarterly output decline offers some relief from a global glut of the steel-making ingredient that’s killing smaller competitors.
Bob Moriarty: Trump candidacy is sign of a falling empire and a rising resource market
He shares his insights on how mining equities will react and five names he is watching.
South32 in talks with Anglo American to buy manganese unit
The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.
Mining capital expenditure continues to fall – cycle expected for another two years
This week we looked at the capex cycle of mining companies, and how miners delaying development will replenish their ounces with acquisitions.
INFOGRAPHIC: Currency and the collapse of the Roman Empire
In today's very illustrative infographic, we look at how currency debasement, government overspending, and heavy taxation helped fuel the collapse of one of the most powerful empires in ancient history.
Newmont could overtake Barrick as top gold miner this year
Barrick's shrinking production profile could see output fall by 1.5m ounces within two years. World no 2 Newmont Mining forecasts 14% growth next year.
Barrick throws off cash first time in four years
Production declines of as much as 1.5m ounces within two years shifts company's focus to costs with target of $700 per ounce all in.
Fitch junks Anglo overhaul on South Africa fears
Ratings agency worries about exposure of much-diminished mining company to Africa; after restructure responsible for 54% of earnings.
