The French bank has announced plans to stop trading commodities and cut down on commodities trade financing as it struggles to cope with a credit crunch.
Poland's finance ministry says it does not plan to alter its proposed mining tax aimed mainly at state-controlled copper miner KGHM, whose shares are at their lowest since August 2010.
Australian Paladin Energy (ASX:PDN) sees its ambitions of becoming a major uranium mining house a step closer. After three years of stand-by due to a moratorium on uranium mining on indigenous lands in Labrador, Canada, the Perth-based miner is able to start operations in the area in 2012.
Seven miners have been pulled from Hecla Mining's Lucky Friday mine after a collapse Wednesday evening. Media reports say that six of the workers were treated at the scene while a seventh was treated at hospital with non-life-threatening injuries.
Agrium Inc. (TSX and NYSE: AGU) announced today that its Board of Directors has approved a one million tonne brownfield potash capacity expansion at its Vanscoy potash facility in Saskatchewan, Canada.
Hundreds piled into a public hearing Wednesday on a new bill affecting a huge iron ore mine in northern Wisconsin. "Many stood against the wall and dozens more stood outside the room in the hallway. Committee aides said about 130 people had registered to speak," Duluth News Tribune reported.
MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported fourth quarter and full year fiscal 2011 results. Fourth quarter bookings increased 33 percent to $1.4 billion in fiscal 2011, compared to the fourth quarter of last year. Operating income increased 31 percent to $296 million on a revenue increase of 27 percent to $1.3 billion.
Mining engineering graduates are as in demand as medical grads in Australia, according to Graduates Careers Australia’s annual employment data, reports Australian […]
