Glencore chooses coal head Gary Nagle as new CEO
Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company’s top boss early…
Fortescue Metals Group Ltd
Fortescue Metals ups stake in Candente Copper
Australian iron ore major Fortescue Metals Group (ASX: FMG) has invested $1.38 million (US$984,000) in Candente Copper (TSX: DNT), increasing its stake in the Canadian…
Emissions to drop 6% this year due to pandemic: WMO
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO)…
Drones take productivity to new heights
In the face of one of the biggest downturns in the industry, cash-strapped miners and explorers are turning to unmanned aerial vehicle (UAV), or drone, technology as one way to help drive down costs, boost productivity and harness safety at…
Adventures in automation
Leaders in the mining industry are starting to recognize that automation is part of the answer to the sector’s productivity problems, says Michael Murphy, chief engineer, mining technology enabled solutions with leading mining sector…
Tata Steel buys LIM’s 49% stake in Howse deposit
Tata Steel Minerals Canada (TSMC) acquired a 51% stake in Labrador Iron Mines’ (TSX: LIM) Howse iron ore deposit in Labrador for $30-million cash in 2013.
Mamba Minerals tables offer for Champion Iron
Champion Iron Mines (TSX: CHM; US-OTC: CPMNF) brought its Consolidated Fire Lake North project in the Labrador Trough to the prefeasibility stage, and Mamba Minerals (ASX: MAB) believes it has what it takes to advance the iron-ore project all…
Chinese coal producer makes move on Australia’s Inova Resources
Shanxi Donghui — a privately held coal and chemical producer founded by two wealthy Chinese brothers based in China’s Shanxi province — has launched a US$145-million, all-cash takeover bid for Inova Resources (TSX: IVA; ASX:…
A better year ahead for iron ore, commodities: CRU’s Newman
Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the “commodities and market outlook” technical session that launched the Prospectors & Developers Association of Canada convention with a relatively…