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By: Henry Lazenby Updated 12 minutes ago TSX-listed TriMetals Mining, formerly South American Silver, would get it’s day in court in July next year, a little later than the previously expected May 2016 date, as it pursued its international arbitration claim against Bolivia. TriMetals on Monday said that after concluding consultation... →
By: Henry Lazenby Updated 57 minutes ago United Steelworkers (USW) members in Sudbury and Port Colborne, Ontario, had approved a five-year collective agreement with mining giant Vale. The union late on Friday announced that the new contract had been ratified by 76.7% of USW Local 6500 members, in Sudbury, and 87% of USW Local 6200... →
By: Henry Lazenby Updated 6 hours ago Members of the International Association of Machinists and Aerospace Workers (IAM) had downed tools at base metals miner HudBay Minerals’s Manitoba operations. The TSX- and NYSE-listed miner reported that 180 members of union Local No 1848 began a strike at noon on Saturday. →
By: Martin Creamer Updated 7 hours ago Black South African interests are giving South Africa’s once-mighty ferrochrome business the cold shoulder. The value-adding pursuit, which puts six times more value into chrome and generates three times more jobs than mere raw chrome exportation, was last week ditched by Royal Bafokeng Holdings,... →
By: Natasha Odendaal Updated 7 hours ago Following its announcement late on Thursday of a pending buyout by an international firm, shares in JSE-listed Metmar on Monday rose more than 12% to over 100c by late afternoon. Physical commodity trader and metals and natural resources merchant Traxys aimed to buy 100% of the African... →
By: Natalie Greve Validating the South African government’s policy decision to retain coal as a central bastion of its diversified energy mix, a recent report by the US Energy Information Administration (EIA) has affirmed the extent of the country’s coal deposits, noting that the Southern African country holds the... →
By: Reuters BHP Billiton's shareholders are expected to approve the biggest ever spin-off in the mining industry on Wednesday, seeking to wring more value out of a string of long-neglected aluminium, manganese, silver and nickel assets. But the new company, South32, risks a tough May 18 debut on the... →
By: Natalie Greve The cumulative effect of several isolated operational incidents, coupled with a slow start-up of operations following the December holiday period, has narrowed Sibanye Gold’s production for the quarter ended March 31, by 5%, dragging gold output down from 332 400 oz in the first three months of... →