Brazilian multinational diversified metals and mining corporation Vale SA ‒ the world’s biggest iron-ore producer and second-largest mining company ‒ says it has recommenced the transport of coal from its Moatize mine in the north-western province of Tete in Mozambique.
Some miners at Anglo American Platinum Ltd. (AMS) plan to strike should the world’s biggest producer of the metal not drop by tomorrow a proposal to cut as many as 6,000 jobs. The shares fell to the lowest since August 2005.
TSX and JSE-listed Rockwell Diamonds Incorporated ‒ focused on creating a growth-oriented, mid-tier diamond mining and development company ‒ says its Wouterspan mine in South Africa has indicated positive economics ‒ sufficient to take the project to the detailed design stage.
Plans for a strike over retrenchments at Anglo American Platinum (Amplats) have been suspended, according to the workers' committee, and miners reported for duty this morning despite earlier calls for a strike by some union leaders.
ASX-listed and Australian-based Tawana Resources ‒ which has reinvented itself from a Southern African diamond explorer into a Liberian-focused iron ore and gold explorer ‒ is undertaking a strategic review of potential financing and partnership options to advance development of its Mofe Creek iron ore project in Liberia.
After years of on-off talks, months of brinksmanship and often bitter negotiations, Glencore's head Ivan Glasenberg gets to complete the US$30 billion acquisition of Xstrata today ‒ the mining industry's biggest takeover yet.