Glencore fights back — to slash debt by $10bn, halt copper mines in Africa
Mounting pressure from investors has forced the firm to come up with a $10 billion package of debt-reduction measures.
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Rio Tinto to suspend operations at Quebec titanium mine
Rio Tinto will lay off 100 workers and put about 250 on temporary layoff at its iron and titanium mine in Havre-Saint-Pierre, Que.
Mining makes its debut in Canadian election
Prime Minister Stephen Harper said if re-elected, the Conservatives will extend the mineral exploration tax credit and add another, higher tax credit for projects in remote areas.
Could a President Trump put people back to work and help the dollar?: ShadowStats’ John Williams
Despite happy economic reporting from the government, ShadowStats' John Williams warns that underlying problems from the crash of 2008 were never addressed, leaving the United States in a recession papered over by sleight of hand and a workforce redefined out of existence.
World’s top 5 miners lose $540 BILLION market worth
CHART: The commodity slump has slashed major miners' market valuations to 60–88% below 2011 highs.
Canada’s Nevsun denies claims of human rights abuses at Eritrea mine
The Vancouver-based miner has released an independent report that found no evidence of forced labour or human rights violations at its Eritrean gold and copper operation.
Glencore’s just had one of its worst weeks ever — shares down 22 pct
The company, already the worst performer in the FTSE 100 index in 2015, has lost almost 60% of its value since the beginning of the year.
Canada’s Supreme Court lets Ecuador villagers sue Chevron for $9.5bn
The decision could set a precedent for similar cases involving mining companies around the world.
Vedanta forces 133 of its Zambian workers to take paid leave
Konkola Copper Mines, owned by Vedanta, said the move was a result of poor metal prices, which has hit the global copper industry very hard.
