Russian gold and silver producer Polymetal reported on Thursday an 11% rise in fourth quarter revenue, compared to a year earlier, on record high production following a full ramp-up at its mine in Kazakhstan.
The London-listed firm, part-owned by busi…
Record output drives revenue at Russia’s Polymetal up 11% in Q4 Read More »
Global miner Anglo American laid off 180 workers at its flagship Los Bronces mine in central Chile, part of a plan to boost productivity at the deposit that has raised the ire of some of its unionized workers.
The layoffs were necessary to combat risi…
Anglo-American lays off 180 workers at Chile copper mine Read More »
Global miner Anglo American laid off 180 workers at its flagship Los Bronces mine in central Chile, part of a plan to boost productivity at the deposit that has raised the ire of some of its unionized workers.
The layoffs were necessary to combat risi…
Anglo American lays off 180 workers at Chile copper mine Read More »
South Africa’s largest labour union group, with more than a million and a half members, said on Wednesday it would stage a nationwide strike on Feb. 13 over large-scale layoffs at ailing state-owned firms and at private companies. The decision by the C…
South Africa’s largest labour union plans nationwide strike over mass layoffs Read More »
Russia’s Norilsk Nickel (Nornickel), the world’s largest palladium producer, said on Wednesday its output of palladium and nickel from Russian raw material would increase in 2019.
Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium …
Nornickel to boost nickel, palladium output in 2019 Read More »
Miner AngloGold Ashanti said on Tuesday it has halted a soil study at a site in Colombia after the town’s mayor issued a suspension order because of a recent mining ban. Work at the site in Jerico, Antioquia province, was stopped on Monday and the proj…
AngloGold soil study in Colombia halted pending review after mining ban Read More »
Australia’s federal court ruled against BHP Group Ltd on Tuesday over whether the global miner should pay tax in Australia on profits made by its marketing arm on the sale of commodities owned by the company’s UK side, BHP Group Plc.
BHP, which has a …
Australia wins appeal against BHP over tax owed by marketing arm Read More »
Brazil’s deadly tailings dam collapse is likely to complicate a settlement for a similar disaster less than four years ago at the Samarco iron ore mine, owned jointly by Vale and BHP Group, investors said on Tuesday.
Vale and BHP have been aiming to r…
Brazil dam disaster may delay Samarco settlement for BHP, Vale Read More »
Zambia’s State mining investment arm is increasing its shareholding in Copperbelt Energy Corporation (CEC) by 4%, its CEO said on Monday. "We are increasing the shareholding in CEC by 4%and are also looking to buy more shares," Pius Kasolo, CE …
Zambia’s mining investment arm ups stake in Copperbelt Energy Read More »
India’s 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra Modi’s government to cut imports in a bid to reduce its trade deficit.
Coal is among the top five com…
Boost for international miners as India’s thermal coal imports jump Read More »
