South32 looking for assets despite $1.75bn loss, massive layoffs
Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.
Gina Rinehart's Hancock Prospecting which is hiring 1,700 foreign workers for the Roy Hill iron mine were absent from the Australian mining association job fair in Perth and so were the $9.8 billion project's main contractors.
A federal judge has lifted a temporary restraining order to allow continued mining operations at the Nellis surface mine in Boone County, W.Va., which is owned by Penn Virginia Resource Partners LP's Loadout LLC unit.
Australia’s government announced Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom.
Benoit La Salle is the founder, president and CEO of SEMAFO, a mining company that rates its work in sustainability and community building as high as it does its gold production.