Cost-cutting Rio to offload Mozambique coal unit
The mining giant is in the process of choosing a financial adviser to assist with the transaction.
Latest Stories
SGS Receives Business Leadership/Entrepreneurial Innovation Award
SGS Canada Inc.’s Lakefield facility was presented the Business Leadership/Entrepreneurial Innovation award during the County of Peterborough 2013 Recognition Awards, held May 24, 2013 in Norwood, Ontario.
Batista close to selling its iron ore darling MMX
Glencore Xstrata, Brazilian investment bank BTG Pactual and Dutch trading company Trafigura among the runners up.
Russia, Kazakhstan increased gold holdings in May
Central banks demand for gold is set to continue as macroeconomic, geopolitical and monetary uncertainty are here to stay, says the IMF.
Glencore Xstrata, Peabody lay off over 500 Aussie coal miners
Pushed by a global surplus of coal that is negatively affecting its price.
South African miners demand gold companies to more than double their wages
The AMCU, South Africa's fastest-growing mining labour, is also asking gold firms to triple the current base wage for surface miners.
Kazakhmys’ board recommends deal to go private
Board warns this is the best deal for shareholders.
A do-it-yourself kit for making Bitcoins
It won't compete with the big boys.
Mining skills demand in Australia remains strong according to ABS labour force analysis
ABS quarterly detailed labour force figures suggest the demand for skilled workers across key occupations and emerging resources markets remain strong despite a dip in Australia’s total ‘mining’ employment numbers.
