BHP cuts 76 Canadian jobs, keeps building Saskatchewan potash mine
Anglo-Australian miner BHP Billiton PLC will cut 76 jobs from its Canadian potash operations due to low commodity prices, a company spokesperson said on Friday.
Bears wrong-footed by jobs report light fire under gold price
Gold price surges 2.6% in heavy trading as hedge funds with record-breaking bearish bets scramble to cover shorts.
Up to 20,000 mining jobs gone in Australia by 2018 — report
Mining investment in Australia is forecast to fall a further 58% the next three years.
Teck Resources to axe 1,000 jobs, lowers dividend
With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000.
British potash mine to shed 220 jobs
Britain’s only potash mine is cutting hundreds of jobs and switching away from potash production in a further blow to industry in north-east England.
Finning cuts jobs as new equipment sales fall
Finning will also close 11 more facilities in Western Canada, in addition to 16 other previously announced closures, in an attempt to cut costs.
Gold prices are collapsing on surprisingly strong US jobs data
Blame Fed Chair Janet Yellen, as she said earlier this week that a rate hike in December was a “live possibility” if the economy continued to perform well.
Uranium to bring jobs, export boom back to Australia’s mining industry — report
A study commissioned by the Minerals Council of Australia shows the economic benefit from the sector could increase tenfold to $9.5 billion.
Some 22,000 South Africa mining jobs under threat: union | Reuters
Newly-appointed mines minister Mosebenzi Zwane said the government would challenge job cuts sweeping across the mining industry.
