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Finance & business

Fura to acquire additional ruby licences in Mozambique

Fura Gems Inc. has announced that it has entered into a share purchase agreement and non-competition agreements with Gemrock Co. Ltd with which Fura Gems will acquire interests in three ruby mining licences/concessions.

Sales of mining lubricants to soar steadily through 2029

Future Market Insights has reported how the sales of mining lubricants can be expected to soar steadily through 2029, with the coal mining sector accounting for nearly 58% of global market revenues.


Canada's mining sector at a tipping point

The Mining Association of Canada has released its annual facts and figures report, a document focused on providing a comprehensive overview of current trends in Canada's mining sector.

More Finance & business news

The battle for stronger EU conflict minerals legislation

The EU's new regulation prohibiting imports of 3TG from conflict zones is a shadow of its equivalent legislation in the US, but it is a least a foot in the door to ensure greater ethical supply chain due diligence.

FLSmidth to adjust workforce

FLSmidth is adjusting the number of employees by approximately 500 as part of the business improvement initiatives announced towards the end of 2019.