Poland’s biggest coal firm to give miners more cash as election looms

The company now expects earnings before interest, tax, depreciation and amortization, which is a more closely watched metric than net income in the steel industry, to be between $6bn and $7bn.

“It took us one year to regain our leadership position in the silver market."

The Africa-focused gold producer saw its first-quarter profit fall16% due mainly to lower bullion prices and reduced production.

Energy and mining industries, hammered by a commodity slump, are poised to be the biggest beneficiaries of looser Canadian foreign-takeover rules.

It also says it is still too early to determine long-term impacts on fish and drinking water.

New supply from projects won’t be sufficient to replace production losses from aging operations, the World Silver Survey 2015 shows.

Last year, the nation’s silver output reached about 3.3 million tonnes, making it the second biggest producer of the precious metal after Mexico.

BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.

The environmental watchdog said the fine was calculated based on at least five infractions detected at the operation and the mine's facilities.