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Oct 01, 2014
Updated 2 hours 20 minutes ago Workers at Freeport-McMoRan Inc's Indonesian unit are blocking access to the mine site, union and company officials said on Wednesday, to protest against the number of fatal accidents at one of the world's biggest copper mines. Open-pit mining at the Grasberg mine...
Oct 01, 2014
Updated 2 hours 22 minutes ago Protesters from 12 South Pacific nations plan to block ships entering and leaving Australia's Port of Newcastle, the world's largest coal export terminal, this month to highlight effects they say climate change is having on their islands. Some experts say climate...
Oct 01, 2014
Greenland's prime minister narrowly avoided a vote of no confidence on Tuesday but will temporarily leave office while auditors investigate whether she misused state funds, casting uncertainty over the country's fledgling minerals sector. The turmoil is likely to...
Oct 01, 2014
Anglo American said on Tuesday that it obtained a Brazilian licence to start operating its long-delayed, $14-billion Minas-Rio iron-ore mining project, which is expected to enable its first shipment of ore by year-end. Starting the project, though, is unlikely to...
Sep 30, 2014
South Africa's central bank has little policy room to boost demand in the economy and it should keep its focus on taming inflation, Deputy Governor Lesetja Kganyago said on Tuesday. Likely interest rate increases in the US would require corresponding policy shifts in...
Sep 30, 2014
South Africa's trade deficit more than doubled to R16.3-billion ($1.45-billion) in August from a revised R6.82-billion shortfall in July, data from the South African Revenue Service showed Tuesday. Economists had expected an R8-billion gap, but the number is volatile...
Sep 30, 2014
Senegal water company Senegalaise des Eaux (SDE) will look to desalination to keep supplies flowing in the rapidly growing capital city of Dakar and try to avoid a repeat of last year's shortages, the firm's chief executive said. A bustling hub for investors and aid...
Sep 30, 2014
lobal miner BHP Billiton is investigating the death of a worker at its Worsley alumina refinery in Australia, the company said in a statement. Operations at the refinery were continuing normally following Monday's incident, it added.
Sep 30, 2014
Australian rail haulage group Aurizon on Tuesday warned a smaller-than-expected government cap on revenue of A$4.02-billion ($3.50-billion) it can generate from its key Queensland state operations could hurt future investment in the sector. The Queensland...
Sep 30, 2014
Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year. US-based miners Newmont and...
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