Is automation destroying jobs? Not exactly: Fully charged
For the time being, at least, American workers are being spared the much-feared job losses from automation.
For the time being, at least, American workers are being spared the much-feared job losses from automation.
The struggling mine, Gold Fields’ only asset left in South Africa, holds the world’s largest gold deposit after Grasberg in Indonesia and accounts for 60% for the company’s mineral reserves.
On a year-over-year basis, natural resources employment is little changed.
13,000 jobs to be slashed as the local platinum industry grapples with rising costs and weak prices for the precious metal.
Off the back of its recent acquisition of Perth-based subsurface data logging company Surtech Systems, METS company Qteq has already won the first of many expected contracts to provide borehole data using new innovative measurement sensors and systems.
President Donald Trump has asked Energy Secretary Rick Perry to take immediate action to stem closures of coal and nuclear power plants.
The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.
The company’s remaining South African assets are the Mponeng underground gold mine, and a surface operation.
Heavy equipment maker is also contemplating the closure of its engine manufacturing plant in Illinois.
Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.
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