News

Teck Resources to axe 1,000 jobs, lowers dividendWork at Carmen de Andacollo copper mine, located in Chile's north-central region of Coquimbo.  Canadian mining giant Teck Resources (TSX:TCK.A, TCK.B), (NYSE: TCK) has decided to cut 1,000 jobs, or around about...

Krause and his team, which includes archaeobotanists and a large number of students from Goethe University, have been researching in the area for 15 years. German researchers have detected traces of mining activity in Central Europe dating back to...

K+S Potash to hire 150 workers for its Canada’s Legacy projectWhile some companies in Saskatchewan, Canada’s and the world’s potash heart, are axing production or set to layoff employees, Germany-based fertilizer producer K+S AG is looking to hire hundreds....

Vladislav Zhdanov was appointed as Vice President of ALROSA, starting from 17 November. The competence of Vladislav Zhdanov will lie in economic security of the Company, he will also be in charge of internal audit and monitoring, risk management....

Russia's central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has...

Helena Marjaranta, (FM) has been appointed Vice President, Global Communications at Metso as of December 1, 2015. She will be based in Helsinki. Helena's responsibility area covers external and internal communications. She reports to Urs Pennanen, Senior Vice President,...

Lonmin (LON:LMI) shareholders decided Thursday to approve a deeply-discounted $407 million share issue, as the struggling platinum miner seeks cash to stay afloat. Hurting from strikes, rising costs and weak platinum prices, the South African company said last month...