U.S. sanctions Israeli billionaire Gertler over Congo deals
US Treasury said Gertler has used his close relationship with the country’s president, Joseph Kabila, to amass a fortune through corrupt and opaque deals.
US Treasury said Gertler has used his close relationship with the country’s president, Joseph Kabila, to amass a fortune through corrupt and opaque deals.
Increased home demand is good news for resources and raw materials.
The global miner said on Monday it would not pay bonuses demanded by its workers in what it called an illegal strike at the Moatize coal plant in Mozambique.
ArcelorMittal South Africa, which has agreed to pay a 1.5 billion rand ($116.85 million) fine for colluding to fix steel prices in five instalments.
Indian conglomerate cancels $2.6-billion contract with Downer Group.
After years of near-death experiences, the story of Lonmin Plc is finally over.
On Friday, KGHM said it was considering next step after BC said it would not issue an environmental certificate for its Ajax copper and gold mine.
"Adverse effects of the Ajax project outweighed the potential benefits."
Canada's environment minister Catherine McKenna recommended against the project, saying it was likely to cause "significant adverse environmental effects"
Under the contract with Lundin, Finning will supply 70 pieces of heavy mining vehicles and machinery for Lundin’s mine complex in Chile.