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Czech Government may buy debt-ridden NWR’s coal unit to save jobs

The Czech Republic Government may buy New World Resources' (NWR) black coal unit, OKD, in an effort to prevent thousands of redundancies.   NWR announced last week that it would have to sell OKD in Czech and Karbonia in...

Explosion in Russia copper mine kills four

Four miners have been killed and two injured in an explosion that ripped through the Gai copper mine in the Orenburg Region in south-east Russia.   The incident occurred when the miners were planting explosives in the pit to...

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