Posts Tagged ‘miner’

According to state media reports, Workers at Impala Platinum's Zimbabwean unit have gone on strike in a bid to get the miner to pay for its employees' personal electricity bills Full story

LONDON (dpa-AFX) - Miner Anglo American Plc. (AAL.L) Thursday reported a 3 percent rise in iron ore output for the third quarter, but copper production declined 9 percent hurt by lower grades at mines in Chile and poor weather conditions Full story

Silver Miner Fresnillo Cuts Production Outlook for 2011 Good Harvest Profits Not Aplenty for India's Farmers Freeport Indonesia Ramping up Production at Grasberg Euro Crisis, Yuan Sow Discord as G20 Gathers HK Shares Ends up 1 pct as Financials Continue... Full story

ANCHORAGE, Alaska (Reuters) - A worker at the Kensington Gold Mine in Alaska was killed in an accident on the job on Monday morning, the mine's owner said. A spokesman for the mine's parent company, Idaho-based Coeur d'Alene Mines Corp., said the miner Full story

- http://l.yimg.com/a/p/fi/qa/40/28/37.jpg 3000037618::26245634 http://www.cnbc.com/ http://l.yimg.com/us.yimg.com/i/us/fi/gr/partner_logos/cnbc_1.png Full story

The miner has sold two key South East Asian assets for $170m but, the remainder of the sale will only be finalised in the third quarter, the miner said. LONDON (Reuters) - Avocet Mining has completed the sale of two key South East Asian assets for $170 Full story

LISTED MINER MRC Allied, Inc. will bag up to $50 million from British and Spanish investors for its gold and copper project in Davao del Sur, an official yesterday said. MRC Allied, Inc Full story

London - African Barrick Gold said its net profit declined in the first quarter as lower production and higher costs offset rising gold prices. Full story

African Barrick Gold (ABGL.L: Quote) said its net profit declined in the first quarter as lower production and higher costs offset rising gold prices. Net profit fell 5 percent to $50.4 million as the miner's production dipped 2 percent to 173,907 ounces. Cash costs jumped 28 percent to $658 an ounce. Full story

The return of Anglo American's platinum business as a big contributor to group profits was the icing on the cake for the miner, whose pre-tax profits for 2010 almost tripled after price gains in all of its key commodities. Tags anglo | lift | recovers Full story