Class action to be launched over casuals in Australia’s coal mining
BHP says it has not received any formal communication regarding the legal actions.
BHP says it has not received any formal communication regarding the legal actions.
The US-based miner, however, cannot directly negotiate wages and other benefits with its subcontractor’s employees.
The Minerals Council “will make a comprehensive submission” to the Department of Mineral Resources and participate fully in a summit planned for July.
Coal miners supplying Asia's rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary.
Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.
First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal.
Many technological improvements in mining have a direct impact on efficiency, but when companies can produce more raw materials with the same amount of labor and resources, improvements in efficiency equate to improvements in sustainability as well.
The underground LTE is a part of the mine’s technology infrastructure and creates productivity gains and improves process efficiency and effectiveness.
The country cut its holdings of Treasuries nearly in half in April as Washington slapped the harshest sanctions to date on a selection of Russian companies and individuals.
Additional cuts are to come across mines and towns in South Africa, once the world’s biggest producer of gold.