Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
The rise of mining costs will have a more dramatic impact on 2013 industry results than in the last couple of years, global ranking agency Fitch Ratings revealed Thursday. According to the firm’s experts, a gloomy macroeconomic ...
Tags: Africa, Coal, Finance, Gold, Iron Ore, Platinum, Potash, Rare Earth, Silver
First Quantum Minerals Limited offered USD 4.9 billion to acquire Inmet Mining Corporation a bold declaration from one of Canada's largest copper miners that the commodities supercycle has room to run. Inmet rejected the bid describing it ...
Tags: jobs in mining, copper mining news, mining gold, price for gold
Employees at mines in Zambia, Africa's biggest copper producer, are demanding pay rises of as much as 50% next year. Mr Chishimba Nkole president of Mineworkers Union of Zambia said that talks with companies began last month and were set ...