Ivanhoe Australia cuts 50 jobs to $10 million
Copper and gold focused Ivanhoe Australia announced Tuesday that it will cut 50 jobs from its Queensland operations to save around $10 million.
Latest Stories
Barrick Gold appoints rival Agnico-Eagle CFO to boost stock price
The world’s largest gold company, Barrick Gold, has rehired a former member of its financial team to fill a senior management spot generated when it dumped former chief executive Aaron Regent in hopes of restoring its stock price.
US nuclear power generation up 10% by 2035
Despite renewables and natural gas nipping at its heals, nuclear power will still see 10% growth by 2035.
Royal Nickel seeks dance partner for its $1.8 billion Dumont nickel project
Royal Nickel (TSX:RNX) wants to secure a partner for its Dumont nickel project, one of the world’s largest undeveloped nickel sulphide projects.
Chile on Chinese copper demand: Slowdown? What slowdown?
“Signs of demand, shipments and inventories, continue to be solid.”
Teck receives regulatory approval for renewal of share buy-back program
Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares.
Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon
But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.
North American Tungsten Corporation Ltd.: Cantung mine back in production
Stephen Leahy, Chairman & CEO, stated: "Having three bridges installed and functioning in just over a week's time is an exceptional accomplishment.
Barclays: Commodity investors’ retreat is turning into a stampede
The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.