Fortescue lifts credit extension by $500 million
Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.
Latest Stories
Anglo American suffers losses of $126 million on wild cat strikes
The world's largest platinum producer has announced losses to revenue of $126 million as result of protracted labor disputes in South Africa.
Children as Workforce in Small-Scale Gold Mines in Africa
According to the UN International Labour Organisation (ILO), the workforce in small-scale gold mines in Africa is built up of 30-50% children […]
Copper futures fall in anticipation of dire Chinese data
Copper futures fell on Friday on expectations that Chinese trade and economic growth data slated for release next week will disappoint.
US net diamond imports plunge 91%
Net imports of both rough and polished diamonds plunged 91% year-on-year in August to $25 million.
Report: Half of gold miners in Africa could be children
Many children and teenagers skip school to work at the gold mines where they can earn $14 during a six-day week workweek.
Areva mothballs Namibia uranium mine
The price of the nuclear fuel is down 10% in just the last three months.
Canada PM casts doubt on Nexen takeover by China
Canadian Prime Minister Stephen Harper gave investors more reasons to speculate about the final outcome of the deal, as he said that China's “very different" political and economic systems are a concern for his government.
Leveraging Technology in Mining eBook
Leveraging Technology in Mining is a collection of stories from around the world. The goal of this eBook is to provide unique […]