Cliffs cutting capital expenditures by 50%, laying off 500 employees
'Sharper capital allocation must drive our decisions,' CEO Gary Halverson said.
Latest Stories
CDE complete first turnkey washing plant in Sweden for Bröderna Björklunds Grus AB
A new turnkey sand and gravel washing plant from CDE Global is reducing excess fines to produce washed sands and aggregates for Bröderna Björklunds Grus AB
Fortune Minerals gets conditional environmental approval for Saskatchewan processing plant
The company jumped nearly 18% to trade at 43 cents per share on the Toronto exchange on Tuesday.
Silver to 100 dollars within ‘reasonable timeframe:’ John Embry
The economy is really much worse than most people are prepared to admit. And this will have significant ramifications on various markets.
Russian gold output to decline after record year
Major producers are cutting down production as they postpone or sell off costly operations.
Miners avoided Quebec last year, investments plunged 34%
Total investment in the sector tumbled to $3.25 billion from $5.13 billion in 2012.
New Sandvik rock tools a ‘plus’ for longevity
Sandvik has unveiled its new +Range rock tools, featuring a unique steel alloy designed to extend service life and reduce rod changes while improving safety and slashing stock and handling costs.
China gold demand jumps almost 42%, talks of stockpiling up 100%
The second largest economy is poised to grab the title of world's top gold buyer from India
