Production and shipments ground to a halt at Freeport McMoRan's Grasberg copper mine in Indonesia after thousands of workers began a month-long strike on Thursday, stoking fears of a global shortage following similar action at a major Peruvian mine.
Shareholders of the $5.9 billion Tampakan gold and copper mine in the southern Philippines remain committed to undertaking the project despite strong local opposition, an official of Sagittarius Mines Inc. said on Thursday.
Workers at Peru's Cerro Verde mine, which accounts for about 2 percent of global copper output, started an indefinite strike for better pay and benefits on Wednesday, a union leader said.
Freeport McMoRan Copper & Gold's Indonesia mine workers have given the company a deadline of midnight on Wednesday to come up with a fresh pay rise offer, or they will proceed with a month-long strike, union official Virgo Solossa told Reuters.
Peru's government has approved three new mining royalty or tax schemes to fund anti-poverty initiatives and infrastructure projects, Finance Minister Luis Castilla said.
European index futures rose and the euro edged off a seven-month low on Tuesday after a report that Italy may get financial support from China sparked a bout of short-covering but did nothing to ease fears that Europe is sliding into another banking crisis.
Mines Management Inc., a U.S.-based silver mining company, said Monday its second-quarter loss grew as declining expenses were offset by less valuable derivatives.
Newmont Mining Corp.'s Indonesian unit said on Monday it is in talks with a worker union and local government to solve a protest that blocked access to its copper and gold mine last week.
European shares fell early on Friday, tracking Wall Street's Thursday losses, after U.S. Federal Reserve chairman Ben Bernanke gave no indications of new stimulus measures.
Workers at Cerro Verde in Peru launched a two-day pay strike on Wednesday but no effect on output was expected at the mine that produces around 2 percent of the world's copper, union and company representatives said.
The world's smallest motor made from a single molecule is going to set a new record in the Guinness World Records and gives much hope to scientists for its practical application in Nanoscience.
In a demonstration, E. Charles Sykes from the Tufts University, Boston, operated an electric motor made entirely of a single molecule. Measuring just a nanometer in length, according to a report in the New Scientist, the tiny motor has more substance than size.
Researchers at Tufts University announced on Sunday that they had created an electric motor the size of a single molecule. Previously, it was impossible to control just one molecule without affecting others around it.
Scientists at Tufts University have developed smallest electric motor in the world, which could lead to the development of a new range of devices for applications ranging from engineering to medicine.
Freeport McMoRan Copper & Gold's Indonesia mine workers are set to strike from Sept. 15 to Oct. 15 unless the firm meets their demands for a pay rise, Julia Parorongan, the firm's workers union spokeswoman, told Reuters on Tuesday.
Tuft researchers have broken the Guinness World Record of the world's smallest electrical motor of 200 nanometers and created the world's first single-molecule electric motor, which is a mere 1 nanometer across.
In an amazing discovery in Nanoscience, scientists at Tufts University have made the world's smallest electric motor from a single molecule and the discovery may well find its place in the Guinness World Records.
Researchers at Tufts University have made the world's smallest electric motor from a single molecule that measures a mere 1 nanometer across.
A breakthrough achievement in Nanoscience was made when Tufts research team used a single molecule to create the smallest electric motor ever, which is ready to be recognized by Guinness World Records.
South Africa's stocks fell more than 2 percent on Monday and the rand hit one-week lows to the dollar, with further losses seen this week as worries about the global economy and euro zone debt crisis persist.
The world's tiniest electric motor has been created from a single molecule, giving hope for scientists for developing new devices that can be applied in medicine and engineering.
Researchers at Tufts University have created the world’s smallest electric motor, which is no bigger than a single molecule.
