Barrick CEO faces stark test in fight for PNG mine

For the first eight months copper concentrate imports are up 35% at nearly 11 million tonnes.

In commercial production since 1896, the Mount Lyell copper and gold mine on Tasmania's west coast was put on care and maintenance two years ago.

Coal India is diversifying its core business through a plan to install 600 megawatts of solar power in four states.

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs globally in the coming years.

Followers of commodities dependent on the health of Asian manufacturing had something to brighten their spirits on Thursday.

Conflict comes as Rio Tinto donated its majority stake in the operation to both Papua New Guinea and the Autonomous Region of Bougainville last month.

Once the underground expansion is completed Ouy Tolgoi would become one of the three largest copper mines in the world.

Between lessor and lessee in the growing mining equipment market, an asset manager acts as the lynchpin.

Newmont Mining’s exit after more than 30 years illustrates mining companies’ growing difficulties there.