Sandvik appoints new President of Sandvik Mining
Lars Engström has been appointed President of Sandvik Mining. He will be included as a new member of Sandvik’s Group Executive Management.
Latest Stories
Codelco eyes $600 million in savings, more job cuts in 2016 as copper in the pits
Chief executive Nelson Pizarro said output will, however, remain untouched.
Diamond miners likely to cut prices further in 2016 to lift demand — Moody’s
The rating and research agency expects producers to have to deepen cut prices as supply and demand challenges continue into the new year.
Ian Ball: Above average capital allocation yields above average results in mining
an Ball brings us Abitibi Royalty Search, an online platform where mining companies in need of financing can easily submit geological data on their projects for consideration.
Millrock makes a bold move into B.C.’s Golden Triangle
This morning, the company announced it has picked up three large exploration projects in the Golden Triangle region of northwestern British Columbia.
Stock sell-off puts mining sector’s future in question
Ultimately the widespread selling is evidence of investors’ revulsion for a sector that has struggled with falling prices for four years and has demonstrated no clear schedule for a recovery.
Austria says it has repatriated 15 tonnes of gold from London
Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders.
Falling Chinese steel demand means more bad news for iron ore
The pain for iron ore producers is not expected to let up anytime soon, as numbers out of China indicate that steel demand is dropping.
Bloom Lake finds a buyer in Champion Iron
Nearly a year after going bust, the troubled Bloom Lake Mine in Eastern Canada has a new owner.
