By Rod McGuirk THE ASSOCIATED PRESS CANBERRA, Australia- Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in bonuses due to the destruction of Australian indigenous sacred sites to access iron ore, the mining company said on Monday. The Anglo-Australia mining giant announced that three executives would lose ...
Read More »Monthly Archives: August 2020
Chinese miner hires Canadian CEO as review continues on Nunavut gold mine buy
TORONTO-The Chinese company trying to buy TMAC Resources Ltd. has appointed a Barrick Gold Corp. veteran as CEO of its Canadian operations even though the deal is still being reviewed by Ottawa. Hong Kong-traded Shandong Gold Mining Co. Ltd. says it has appointed Mark Wall as CEO of Streamers Gold ...
Read More »NewsAlert: Canada to impose $3.6 billion in retaliatory tariffs against U.S.
OTTAWA- Deputy Prime Minister Chrystia Freeland says Canada will hit back against U.S. tariffs on Canadian aluminum with $3.6 billion in tariffs of our own. Freeland says the tariffs will match dollar-for-dollar the costs of the planned 10 per cent import tariff on Canadian raw aluminum that will apply starting ...
Read More »