Silvercorp sets records in China as it emerges from short and distort saga
Silvercorp Metals along with the rest of the silver sector jumped on Thursday as the price of the precious metal recovered from […]
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Mining said to need ‘image makeover’ to attract workers. Paying average $40 an hour not enough
Despite paying the highest wages – average $40.42/hour vs a $25/hour across sectors – the mining industry faces an uphill struggle filling more than 100,000 new positions by 2021.
Lack of Workers in Mongolia’s Mining Industry is caused by the Education System
Although there are nearly 50,000 job postings registered at the Mongolian Labor Exchange, the unemployment rate in the country is extremely high, […]
Mongolia legislates caps on foreign investment
Mongolia is capping foreign investment in certain industries, including mining, in an attempt to keep profits inside the mineral-rich nation's borders.
Gold: A dead cat bouncing or last chance to buy before Grexit and QE in the EU send prices rocketing?
If the EU joins the US in flooding the market with cheap money it will be a massive boon for gold. It is worth remembering that before the Fed kicked off QE1 on 16 December 2008 an ounce of gold was changing hands for $837.
Expat execs in Africa: Without ‘danger pay’ how does the money stack up now?
Africa's economic indicators are all pointing up, but executive pay packages and living arrangements for expatriates are changing too.
Coal miners rally against Biden in Ohio
Vice President Joe Biden, campaigning in Ohio, got a frosty reception from a group of coal miners opposed to the Obama Administration's anti-coal stance.
Russian billionaire Prokhorov files for copper-nickel Toronto IPO
Move over Mark Zuckerberg. Russia’s Mikhail Prokhorov, who Forbes ranks as the 58th richest person globally, has filed a prospectus to list his Intergeo MMC in Toronto, announcing it the day before Facebook goes public.
Rio Tinto doubles mine trainees in Australia
Miner Rio Tinto has announced plans to double its mine trainee and apprenticeship programs to meet future demands in Australia, reports Australian Mining.