Glencore axes jobs, coal output at Australia’s mine as price collapses
The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.
Latest Stories
How investors at the California Capital Conference picked the next top small-cap companies
If only someone could bottle the experience of finding an overlooked company, investing for pennies a share and cashing in for 10, 20 or 30 times what you paid.
Mackie analyst Ryan Hanley’s storm-tested Canadian equity picks
Hanley lists his storm-tested top picks, shines light on names with M&A potential, and sees smooth sailing ahead for some companies with near-term catalysts.
Argentina: End of currency controls will be good for mining
President-elect Mauricio Macri will lift the clamp-down on dollar purchases by out-going president Cristina Fernandez, as early as December 14.
Snap Lake had groundwater problems before closure
The groundwater was being stored due to high concentrations of dissolved solids including mineral salts.
Junior spikes 37% on tungsten-moly mine approval
Okay from New Brunswick government comes with 40 environmental conditions.
Metallurgist wages ranked
Metallurgist wages top at $160,000 a year.
Bears wrong-footed by jobs report light fire under gold price
Gold price surges 2.6% in heavy trading as hedge funds with record-breaking bearish bets scramble to cover shorts.
Anglo American set to announce dividend cut next week
One of the miner’s worst kept secret may be revealed as soon as Tuesday.