Fortescue Metals Triples Net Profit for Half-year

Iron-ore producer Fortescue Metals Group Ltd. released its half-year results ending December 31 that include a net profit after tax of US$1.2 billion, which is a 283% increase over $319 million that was reported for the half-year period ending December 31, 2015. 

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Sibanye Receives Bank Approval for Acquisition of Stillwater Mining

Sibanye Gold Ltd. announced on February 21 it had received the approval of the South African Reserve Bank, as required in accordance with the Exchange Control Regulations of South Africa, with respect to the proposed acquisition of Stillwater Mining Co., which was announced on December 9 and is valued at $2.2 billion. 

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Laurentian’s Bharti School Wins Global Mine Rescue Competition

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Laurentian University's Mine Rescue Team competes in the Intercollegiate Mines Emergency Response Development competition held in Colorado

Laurentian University’s Bharti School of Engineering students won the 2017 Intercollegiate Mines Emergency Response Development (MERD) competition in Golden, Colorado. The team placed first in the first aid and field competitions and earned the overall title.

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