mining

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Look, up in the sky ... a gold mine in space?

Feb 15, 2013
Asteroids like the one that flew by Earth on Friday could hold a treasure trove of precious metals.
Posted In: meteor, mining, space
0

Albanese resigns from mining giant Rio Tinto after $14bn write-down

Jan 17, 2013
One of the biggest mining companies in the world has just lost its CEO. Tom Albanese resigned from Rio Tinto after the company wrote off a $14 billion loss.
Posted In: ceo, mining, Mozambique
0

South African miner cuts jobs and closes mines

Jan 15, 2013
The world's largest platinum producer Anglo American Platinum, also known as Amplats, is planning to close down some of its South African mines and cut around 14,000 jobs. The announcement comes after a series of strikes across the mining sector of South Africa at the end of last year in which mineworkers were demanding higher wages.
Posted In: South Africa, mining
0

Glencore, Xstrata merger approved by EU

Nov 23, 2012
Glencore, the Swiss commodities trading firm, is trying to takeover a mining company called Xstrata. And the deal just got a stamp of approval from European regulators.
Posted In: Mergers and Acquisitions, mining, Glencore, Xstrata
0

Xstrata board backs revised Glencore offer

Oct 1, 2012
The board of the Swiss mining company Xstrata has approved a merger offer made by Glencore, a commodities trader.
Posted In: mergers, mining
6

Mining school alums blast Harvard-ians in yearly pay

Sep 18, 2012
Last year, Harvard graduates made less money per year than alumni from the South Dakota School of Mines and Technology -- which costs about four times less than Harvard to attend.
Posted In: harvard, mining, college tuition, salary
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New $57 billion deal in planned global mining merger

Sep 10, 2012
Trading giant Glencore has made a new bid for mining company Xstrata, thanks in part to some deal making by British Prime Minister Tony Blair.
Posted In: Glencore, merger, mining, Xstrata
0

Demand for metals may be root of South African workers' unrest

Aug 17, 2012
More than 30 people were killed after police in South Africa fired on striking miners. How might the incident impact the nation's mining economy?
Posted In: South Africa, mining, precious metals, platinum
0

$90 billion mining merger would alter industry

Feb 7, 2012
The world's largest commodities trader Glencore has agreed to buy mining giant Xstrata to create a global giant in coal, zinc and copper mining and production.
Posted In: commodities, mining, Glencore, Xstrara, Mergers and Acquisitions

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