Implats to Cut 13,000 Jobs and Reduce Shafts to Stem Losses
13,000 jobs to be slashed as the local platinum industry grapples with rising costs and weak prices for the precious metal.
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Half of the Asanko gold mine in Ghana now belongs to Gold Fields
The mine is one of Ghana’s newest gold operations and it is located in the country’s Ashanti Region.
Prof gets 3/4 million dollars to find new ways to process uranium
A researcher at the University of Kansas wants to study the fundamental factors that limit how atoms make bonds to uranium.
Tahoe Resources posts quarterly loss on Guatemala mine dispute
The Nevada-based company posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of $33.5 million, or 11 cents per share, in the year-ago period.
Canada’s Kinross Gold puts Mauritania mine expansion on hold
Kinross Gold Corp said on Wednesday it was "pausing" expansion work at its Tasiast gold mine in Mauritania after a government request for talks to improve the country's economic benefits from the miner's activities.
Barrick Gold makes China investor push as markets slump
Barrick Gold Corp will make a bigger push to attract institutional investors in China under a new deeper-ties pact with Shandong Gold, aimed at bolstering its shareholder base, executives told Reuters.
Congo leader mulls possible successors in private meetings
Democratic Republic of Congo President Joseph Kabila is meeting members of his ruling coalition to discuss who will be its candidate in presidential elections this year.
Replenishing economic diamond resources, a daunting task for miners
Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations.
Imperial testing driverless oilsands haulers at Kearl
Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers.