A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh working conditions.
Mitsubishi's AUD$6.7 billion Oakajee port and rail project in Western Australia has been put on hold as the company cuts costs in the face of adverse economic conditions and struggles to obtain Chinese investment support.
Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from China.
Tata Steel Ltd. (NSE:TATASTEEL), India’s largest private steelmaker, is contesting a $1 billion for allegedly mining above the limit volumes in the mineral-rich eastern state of Orissa, which —ironically— is one of the South Asian country’s poorest regions.
The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.
The world's biggest mining company has announced that it has embarked upon the search for a successor to Marius Kloppers as the South African approaches his sixth year as BHP's CEO.