Lonmin’s wage deal fuels more unrest in South Africa
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Anglo American plc
Queensland’s new tax angers coal miners
Australia’s biggest miners say the Queensland government’s latest move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.
Queensland’s new coal royalties upset miners
Australia’s biggest miners say the Queensland government’s move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.
Anglo American, Codelco settle copper clash in Chile
Following 10 months of mediation and a looming courtroom showdown, Anglo American (AAL-L) and Chile’s state-owned copper miner Codelco have reportedly reached an agreement over the ownership rights of Anglo’s South American…
Anglo, Codelco reach agreement in copper clash
VANCOUVER — Following ten months of mediation and looming courtroom drama, London-based major Anglo American (AAL-L) and Chile’s state-owned copper miner Codelco have reportedly reached an agreement over the ownership rights of…
Anglo grabs a stake in Mozambique coal boom
Mining-giant Anglo American (AAL-L, AAUKY-O) looks to have finally secured a slice of the frenzied coal-mining push in the southern Tete province of Mozambique. Anglo had been exploring acquisition options in the area in a bid to lock down a…
Tough conditions for rough diamonds
Anglo American (AAL-L, AAUKY-Q) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats because of market conditions and a focus on planned maintenance and waste stripping, while De Beers, in which…
Anglo grabs a stake in Mozambique coal boom
VANCOUVER — Mining-giant Anglo American (AAL-L) looks to have finally secured a slice of a frenzied coal-mining push in the southern Tete province of Mozambique. Anglo has been exploring acquisition options in the area in a bid to…
Tough conditions for rough diamonds
Anglo American (AAL-L) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats largely due to market conditions and a focus on planned maintenance and waste stripping while De Beers, in which Anglo…
McEwen doubles resource at Los Azules
Indicated resources have more than doubled to 4.6 billion pounds of copper at McEwen Mining’s (MUX-T, MUX-N) Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion pounds of copper.
Energizer puts Molo’s graphite in fast lane
It has been a story of evolution by discovery for Energizer Resources (EGZ-T), a Toronto-based explorer with significant land holdings in southern Madagascar. The company was originally billed as a prospective vanadium producer — its…
Mining boom drives growing energy need
The Andean nations of Chile and Peru are the top copper-producing locales in the world. Chile holds the number-one spot with annual production clocking in at 4.9 million tonnes, while Peru sits in second place with output totalling 1.2 million…