56 people left on site as Myra Falls mine lays off nearly 100 workers – Vancouver Island
Operations at Myra Falls were suspended in April.
Latest Stories
EPA mine spill could have been prevented, probe concludes
The accident would have been avoided had the EPA team checked on water levels inside the abandoned mine before digging into its collapsed and leaking entrance, says document.
Getting rid of mercury pollution inexpensively using orange peels
Pollution control from landfill.
Fading US rate hike expectations point to $1,300+ gold price
Expectations of the level of US interest rates a year from now have more than halved.
The most bullish mining chart you’ll see all day
Commodity Sentiment Index shows it's always coldest before the dawn.
Caterpillar misses on earnings, slashes outlook
The world's largest equipment maker not only reported lower quarterly profits, but also cut its 2015 earnings forecast and warned its revenue would fall even further next year.
Freeport logs third-quarter loss after massive oil and gas write-down
The U.S’s largest mining company unveils plans to further slash copper and molybdenum output.
Teck Resources swings to loss after $1.7 billion charge
Earnings, however, beat analysts’ estimates as Canada’s largest diversified miner cut costs to deal with weak commodity prices.
INFOGRAPHIC: Europe’s electricity consumption by country and fuel type
The major story here is the decline in consumption of fossil fuels.
