Glencore axes jobs, coal output at Australia’s mine as price collapses
The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.
The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.
If only someone could bottle the experience of finding an overlooked company, investing for pennies a share and cashing in for 10, 20 or 30 times what you paid.
The immediate reactive response from most mines is to cut: cut costs, cut employee numbers, and cut output.
The Peruvian city of Cerro de Pasco, perched high up in the Andes, is about to sink — literally and metaphorically — into the deeps of a half-century-old, open-pit zinc and lead mine.
There has been some revealing new information coming out recently regarding the strategy against ISIS.
The Gold Report hosted a standing-room-only fund manager panel at the Silver Summit in San Francisco featuring insights from three very different points of view.
Responding to a question, Monaco said it’s too early to speculate on whether Enbridge might consider a location other than Kitimat.