Greece won’t negotiate with Eldorado unless it resumes operations
Environment and Energy Minister, Panos Skourletis, said the company must recall its decision to halt work at most of its sites before any dialogue between the two sides can begin.
Environment and Energy Minister, Panos Skourletis, said the company must recall its decision to halt work at most of its sites before any dialogue between the two sides can begin.
Iron ore price already down 8% in 2016, despite a surge in Chinese imports to 96 million tonnes in December, pushing 2015 cargoes to an all-time high.
Company is said to have sent out requests to investment banks as it seeks to hire an adviser to assist in the bidding process for Anglo American's niobium and phosphate business in Brazil.
The miner has finally completed the sale of assets from its Tarmac joint venture to a subsidiary of French engineering and construction group Bouygues.
Fresh selloff brings year loss to 80%. Outside metal prices rebounding (aka divine intervention) and barring extending a begging bowl, what will save Anglo?
After-tax NPV 5% of c$455 million and IRR of 37 %; average life of mine annual gold production of 184,000 ounces and all-in sustaining costs of us$550/oz au.
Halifax-based Kameron Coal is looking for people with experience in room and pillar mining.
BC Hydro expects to raise rates by 28% over the next five years.
The Dartbrook coal mine has been mothballed since 2006, when Anglo placed it in care and maintenance.
The offtake deal with Huaken International is for seven years from the moment the York Potash mine is up and running.