Robots Will Run Mines Within the Next Decade, Anglo Says

Some mines in the next decade will run without humans and instead rely on robots, virtual models and sensors, according to Anglo American Plc.
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Bitcoin is a commodity with many similarities to gold, and the volatility that has sparked investor concern stems mainly from its lack of liquidity, said Jeff Currie, global head of commodities research for Goldman Sachs Group Inc. “I don't see why there is all this hostility to it,” Currie said in an interview on
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According to the latest filings with the SEC, company insiders at Superior Industries International, Inc. (NYSE:SUP) have increased their position in the stock by 43.14% over the past 6 months. Insiders now own 0.90% of total outstanding shares. University of Michigan professor and noted insider trading
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ESPN President John Skipper said in a memo to employees on Wednesday that the Disney-owned channel would be laying off 150 employees, affecting roles mostly behind-the-scenes. Here is a copy of Skipper's memo, published on Wednesday morning: Today we are informing approximately 150
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New Penn Financial has entered into a pilot program to provide mortgage financing to participants in Home Partners of America's Lease Purchase
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The Sacramento City Council voted unanimously Tuesday night on a multi-million dollar financial incentive package that could lure a Fortune 500 company to open a West Coast headquarters in the Natomas area, which would bring as many as 5,000 jobs. “This a big day, big vote,” Sacramento Mayor
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Investors who bought Bitcoin just ahead of Thanksgiving certainly have something to be thankful for. Bitcoin prices breached $11,300 Wednesday for the first time, representing a rise of over $3,100 in a week. It's a stunning rise for the cryptocurrency, which only just broke the psychologically important
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Every month the Bank of England collects figures on mortgage lending, consumer credit and lending to businesses from high street banks, building
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LOS ANGELES (AP) — Oaktree Specialty Lending Corp. (OCSL) on Wednesday reported a loss of $125.5 million in its fiscal fourth quarter. The Los Angeles-based company said it had a loss of 89 cents per share. Earnings, adjusted for investment costs, came to 8 cents per share. The results missed
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An Essential spokesperson told Fortune that Rubin asked to take a leave of absence “to deal with personal matters” at a company board meeting earlier this month. “The board agreed [to Rubin's request] and our President, Niccolo de Masi, will continue to run day to day operations at Essential,” the
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Twenty-First Century Fox “would never be interested” in buying CNN, Fox executive chair Lachlan Murdoch said on Wednesday at the Business Insider IGNITION Conference in New York. Last week, the U.S. Department of Justice filed suit to block AT&T's planned $85.4 billion acquisition of Time Warner
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California State Teachers Retirement System cut its stake in Encore Wire … and industrial buildings, homes, apartments, and manufactured housing.
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Pending home sales posted their first strong showing in three months in October, beating even the most optimistic of predictions. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI) jumped by 3.5 percent compared to September, to a reading of 109.3. The September
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Canberra's bank inquiry will spook global debt investors, putting a brake on lending to business to grow and create jobs, said the head of business banking at Westpac Banking Corp, David Lindberg. “The banking system's strength simply must be maintained,” he said in Sydney on Wednesday, adding
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The facility's collateral will be newly originated, first-lien, fixed-rate, residential mortgage loans eligible for purchase by Fannie Mae or Freddie Mac or for guarantee … The loans will be originated by loanDepot, which is approved as seller/ servicer by Fannie Mae, Freddie Mac, Ginnie Mae, FHA and VA.
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The speed at which Today Show host Matt Lauer was fired was stunning—not only because of his long tenure at NBC, but because of his status as one of the network's most prominent faces. But behind the scenes, NBC officials were apparently worried about a looming bombshell about the anchor that
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GENEVA (Reuters) – The International Committee of the Red Cross (ICRC) said on Wednesday it was making a “stop-gap” purchase of 750,000 liters of fuel so as to provide clean water to one million people in the Yemeni cities of Hodeidah and Taiz for one month. The fuel shortage in Yemen has
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The housing market's lack of affordable inventory has continually held back home sales throughout the year. Recently, the construction of new homes has increased to meet the rising homebuyer demand, according to the latest report from the U.S. Census Bureau and the U.S. Department of Housing
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… said Wells Fargo had willingly harmed its customers in those two business lines and had until Nov. 24 to respond, according to people familiar with the matter. The letter said the bank repeatedly failed to correct problems in a broad range of areas, not just the auto-insurance and mortgage-lending units
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WESTON, Fla.–(BUSINESS WIRE)–Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it has been ranked #2 on this year's 50 Best Workplaces for Parents list by Fortune and Great Place to Work. The ranking is based
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