Robots will run mines within the next decade, Anglo says
Anglo is betting on technology, such as computerized drills, to increase productivity, cut costs and reduce environmental impact.
Latest Stories
Southern Copper workers in Peru on strike for ninth day
The walkout, which involved 3,000 members of two out of the five Southern Copper unions in Peru, has been declared illegal by the labor ministry.
Gold fundamentals not bullish yet
Gold and gold stocks have remained below their 2016 peaks even in the face of a very weak US Dollar because the fundamentals are not there.
Lockheed partners with graphite miner
Elcora Advanced Materials is pleased to announce it has signed a Memorandum of Understanding (MOU) agreement with Lockheed Martin Canada.
Japan’s Kyushu Elec likely to delay nuclear plant restart due to Kobe Steel checks
The government and industry want reactors restarted to cut electricity bills, but swathes of the public oppose returning to atomic energy.
Zambia’s state-controlled investment firm wants bigger stake in copper mines
Following sharp rise in copper prices this year, ZCCM Investments Holdings wants to increase its stakes Zambia’s mines and expects higher dividend payments.
PotashCorp CEO confirms Chinese interested in lithium producer SQM
Chinese firms have shown “broad interest” in buying PotashCorp’s stake in the Chilean lithium producer SQM, according to chief executive Jochen Tilk, who declined to name interested parties or the number of bids the company has received.
Luxembourg, Japan team up to explore and mine space resources
The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.
Western Australia’s gold royalty hike blocked again
The Western Australian government’s second attempt at increasing the royalty rate for gold miners has failed to pass in Parliament.