Junior Mining News

BHP final pay offer to Escondida workers falls short of union demands

Mining.com /

By Cecilia Jamasmie Unionized workers at Chile’s Escondida copper mine, the world’s largest, are discussing the final wage offer presented Wednesday by majority owner and operator BHP (ASX, NYSE:BHP) (LON:BLT), which looks shy of what employees wanted. The company has offer workers a signing on bonus of $27,000, up from an earlier offer of $23,000, […]

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VIDEO — Mickey Fulp: Peak Gold? That’s Ridiculous

Investing News Network /

By Charlotte McLeod  The summer doldrums are in full force, but for Mercenary Geologist Mickey Fulp that’s not a problem. Speaking to the Investing News Network (INN) at last week’s Sprott Natural Resource Symposium he said he considers the current price environment a buying opportunity. “I think that the bad companies are doing worse

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South African gold producers urge unions to narrow demands as third set of wage talks fail

Mining.com /

By Reuters South African gold producers on Wednesday urged unions to narrow their demands after a third round of wage negotiations saw unions rejecting offers of annual wage increases of up to 6.5 percent for miners and up to 4.5 percent for skilled workers. Four companies are negotiating – Sibanye-Stillwater , Harmony Gold, AngloGold Ashanti

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Wheaton closes streaming deal with gold miner Sibanye

Mining.com /

By Cecilia Jamasmie Canada’s Wheaton Precious Metals (TSX:WPM), the world’s No.1 silver streaming company and Sibanye’s (JSE: SGL) (NYSE:SBGL) closed Wednesday a deal through which Weathon buys buy all gold production from Stillwater and East Boulder mines in Montana. Wheaton has bought all of Stillwater’s gold production for the life of the mine and, initially,

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