Pilbara said its decision to reduce output from its flagship Pilgangoora mine until June next year ... through either increased demand or supply cuts, to catalyse a near-term price improvement.
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Mining has become incredibly competitive in the wake of the fourth Bitcoin halving (which cut mining profitability by 50%), and the deal simply made economic sense for both parties involved.
Aim-listed Bushveld Minerals says it has started a controlled slowdown of production at its Vametco operation, in South Africa's North West province, and that the length thereof will depend on the ...
Barely six weeks before Mr Thomas’s death, Bundaberg grandfather John Linwood died on August 22 when the light vehicle he was driving and a large haul truck collided at Byerwen open cut mine ...
“I know Matthew McConaughey was cutting players’ hair,” Walther said. “Maybe he can cut mine on the field and raise some money for cancer awareness. My grandmother just recently got ...
UK dividends fell sharply throughout last quarter as the mining sector cut dividends by £2.6bn and a strong pound pushed down payouts. Dividends from UK companies totalled £25.6bn in the third ...
However, the company cut its full-year copper production forecast for the second time in a row, citing labour issues and mining delays at the Highland Valley Copper mine in Canada. It also reduced ...
Teck also cut its guidance for the QB2 mine in Chile, reducing its forecast by 6 per cent to roughly 205,000 tonnes. This was the second quarter in a row that Teck cut its copper forecast owing to ...
Bitcoin mining is open to anyone, though technical and financial barriers have grown over the years. Miners can only produce new Bitcoins until reaching the supply cap of 21,000,000 BTC. Bitcoin ...