Rising costs dent profit for industrial tools maker Sandvik
The Swedish company's adjusted operating profit grew to 4.79 billion crowns ($453.35 million) from a year-earlier 4.09 billion.
Latest Stories
Brazil’s Cosan backs extending talks to form iron ore mining venture
Company has approved extending talks on forming a mining venture between its subsidiary Altantico Participacoes and Bergnol Holding Limited.
Electronic nose closer to detecting multiple toxic gases simultaneously
A recently developed environmental sensor may be lifesaving in a number of industries, including mining.
Mining People: Cassiar Gold, Excellon Resources, Silverton Metals, Skeena Resources
Key moves in the mining sector.
The view from England: Time called on mining graduates
The U.K. Mining Education Forum notes that no one has enrolled in mining engineering or mineral processing undergraduate courses in the country for the past two years.
Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again
A cost and schedule reforecast now pegs the total project costs at $7.06 billion, almost $1.8 billion higher than its original estimate in 2015.
VW’s battery business faces supply chain hurdles in road to IPO
PowerCo, which bundles the carmaker’s global battery efforts, is trying to secure raw materials amid surging prices and logistics issues.
Rio Tinto faces labour crunch in Western Australia, warns of inflation hit
Rising covid-19 cases at its Pilbara operations have led to "elevated levels of unplanned absences."
China’s June daily coal output jumps on peak summer demand
Coal output over the first six months of 2022 reached 2.19 billion tonnes, up 11% from the same period last year.
