The Alexandria-based company tried to pour cold water on the reports and said operations at the mine – the first modern gold mine to open in the North African country – were continuing as normal.
Mining billionaire Gina Rinehart's Hancock Prospecting lost Tuesday an appeal to retain its share in the touted Rhodes Ridge iron ore project in Australia’s Pilbara, forecast to be worth billions once developed.
The Australian Construction, Forestry, Mining and Energy Union (CFMEU) said Tuesday the Rio Tinto's redundancy package for its Blair Athol coal mine discriminates against union members.
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is 1.1 billion people...The Chinese government is in a similar position.