Global diversified miner Xstrata Plc. (LON:XTA) confirmed Friday it has dismissed 400 of its workers who have been on an illegal strike at its South African mines.
South African police fired tear gas on Thursday to disperse a group of striking coal miners a day after security guards killed two workers that had tried to break into a locked mine-explosives armoury at Forbes & Manhattan Coal Corp. (TSX:FMC) operations.
TransCanada Corp. (TSX,NYSE:TRP) will invest about $1 billion in a new natural gas pipeline in Mexico after being granted a permit to contract to build, own and operate the duct by the country's federal power company, the Comision Federal de Electricidad or CFE.
$15 billion of investment in Labrador mining projects over the next decade may be jeopardized by the lack of energy sources unless alternatives, such as generating power from the Muskrat Falls, are put in place.
Thousands of dismissed workers at Anglo American Platinum Ltd.’s (Amplats) mine in Rustenburg have still not accepted an offer to reinstate them, the world's largest producer of the metal said on Thursday.
Cost burdens continue to upset Barrick Gold Corp. (NYSE, TSX: ABX), as the globe's top gold miner hiked Thursday its cash cost guidance for 2012 and warned that costs at its massive Pascua-Lama project will be almost three times more than the $3 billion announced in 2009.
Space mining start-up Planetary Resources President, Chris Lewicki, made more than one eyebrow rise Wednesday as he wrote in his blog that there are about $16 trillion worth of platinum waiting to be extracted in our Earth’s oceans.
Canada’s federal government has launched a formal investigation into the use of foreign workers at a HD Mining International Ltd.’s coal mine in northern British Columbia, joining the provincial government, which opened an inquiry last week.
Canada’s economy shrank 0.1% in August, the first drop in six months, driven mainly by depressed manufacturing and energy sectors, Statistics Canada said Wednesday.
Potash Corporation of Saskatchewan (TSX:POT) is allegedly in talks with the Israeli government concerning a potential merger/ takeover of Israel Chemicals Ltd. in a deal that may be worth over $13.5 billion.
