More than 200 workers to go at Sandvik Materials Technology unit
Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year.
BHP Billiton (ASX:BHP) head Marius Kloppers has topped a recent list of Australia's best-paid corporate bosses for 2011 yet inadequacies in reporting requirements means much CEO income remains undisclosed.
The halcyon decade that China's coal industry has enjoyed since 2002 market reforms has reached its terminus with a major dive in first half profits this year.
A belated rebalancing of the Chinese economy will lead to a collapse in commodities prices by 2015 according one of the West's leading experts on the PRC's economy.
Australia's resources minister, Martin Ferguson, has caused a stir with his assertion that the country's mining boom, one of the biggest drivers of its economic growth, is "over".
As he acknowledged, the state of the global economy has depr...
Peter Julian, Canada's natural resources critic, claims that the mining sector has lost jobs over the last 10 years and would like to right the resource sector by pushing it toward more value-added work.
UK-based environmental and equipment monitoring system provider Trolex is on the hunt for people in the coal mining industry to pose for a ‘Calendars Girls (and Guys!)’ calendar in aid of The National Coal Mining Museum for England.