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.
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.
In what it shouldn’t come as a surprise for anybody who has been following the news in the last three month, South Africa reported Thursday its mining output dropped 8.3% on the year in September.
Vancouver-based Baja Mining Corp. (TSX: BAJ) announced this morning that it has landed two extensions of a standstill agreement with lenders to its Minera y Metalúrgica del Boleo S.A. de C.V. subsidiary.
Production at Chile's Escondida, the world's largest copper mine, was up 72.4% in the third quarter compared with the same period of 2011, said Wednesday the country’s copper commission, Cochilco.
The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.
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.
