China shutting another 4,300 coal mines
Beijing will invest $4.6 billion over the next three years to close small and inefficient coal mines across the country.
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Aussie mining tycoon Palmer promises ‘truth’ on massive job cuts at his nickel refinery
He said he would open up after a creditors meeting next week in Townsville, where his his Queensland Nickel company is based.
Samarco top executives take leave two months after Brazil dam burst
CEO Ricardo Vescovi and operations chief Kleber Terra were among those accused of environmental crimes by Brazil’s Federal Police earlier this month.
Randgold’s Tongon mine to build on benefits of capital projects
Randgold Resources chief executive Mark Bristow said the mine’s expansion and upgrade projects had now been completed.
Tata Steel scales down iron ore mining at Canada facility
The company cited “challenging conditions” in the steel and iron ore markets as the main reason for such decision.
Renold Couplings invests in Cardiff future
Renold Couplings have announced significant investment in the future of its Cardiff manufacturing facility.
Greek court annuls Govt. decision to revoke Eldorado Gold licence
The ruling comes only a few days after the Canadian miner decided to halt work at its mine in northern Greece, putting 600 jobs in the line.
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De Beers lowers diamond prices to boost sales
In a fresh attempt to counter weakening demand, the diamond giant is said to have cut prices by as much as 7% at the Jan. 18 sale.
