The world’s largest maker of heavy machinery posted a 5% increase in quarterly profit, beating analysts’ estimates.
FRANCE Mining News
Caterpillar to sell its Rantigny plant in France
Over the past year, Caterpillar has closed or announced plans to shutter several plants in the US, Canada and Europe.
France targets Africa with new $550m state mining company
France resurrects its 17th century economic policy, sets up state miner to explore for rare earths and gold focusing on francophone Africa and South America.
AREVA signs agreement with Saudi groups to develop country's nuclear program
Signed while French President Francois Hollande was in Riyadh
Chile’s mining industry turns to sunlight to ease energy shortage
First solar plant for the mining sector in the Coquimbo region will be inaugurated this Friday.
5,000 march against French uranium miner in Niger
Areva's contract with the Niger government covering 4,500 tonnes per year is up for renegotiation.
Areva resumes operations in Niger after suicide bomb attack
Somair is the fourth largest uranium mine worldwide.
UK puts a $4.6bn price tag on Urenco stake
Potential buyers could include Canada’s Cameco, Toshiba, France's Areva and the Canada Pension Plan Investment Board
Napoleon’s engagement ring to Josephine to go for $20,000 in auction
It will be auctioned on Sunday in France.
Major uranium deposit discoveries may fuel Iran’s nuclear program
The controversial announcement comes on the eve of international talks about Iran's disputed nuclear program.
'How stupid do you think we are?' An epic letter from an American CEO to a French minister
"The French workforce gets paid high wages but works only three hours."
Areva looking for a huge uranium deposit in Sweden
French company partners with Australia's Aura Energy to explore the Haggan Project.
ArcelorMittal lost $3.7 billion in 2012, faces violent protests
Stocks at the world’s top steelmaker by sales, ArcelorMittal (NYSE:MT), were down 1.71% at 10:09 am ET this morning after the company announced Wednesday a $3.7 billion net loss for 2012.
It’s getting warm in Antarctica, but mining still a pipe dream
The West Antarctic Ice Sheet is warming at three times the global average. Would this open the door for mining?
French scientists transform H20 into gold
Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.
'We had nothing but the best of experiences with our partners' – Bundesbank on why it keeps its gold overseas
"Gold stored in your home safe is not immediately available as collateral in case you need foreign currency."
Solvay begins operations at 2 rare earth recycling plants in France
Solvay is officially opening two rare earth recycling units in France today. The plants obtain rare earths from end-of-life equipment such as low-energy light bulbs, batteries or magnets.
French energy chief says Arctic oil is a pipe dream
The head of Paris-based energy giant Total is dismissive of the possibility of oil extraction in the Arctic.
Copper snaps four day losing streak on upbeat EU growth data, strong US retail sales
Copper prices snapped a four-day losing streak on Tuesday following the release of EU growth data ahead of expectations and strong US retail sales data.
Coal slag heap designated World Heritage site
France's Nord-Pas de Calais Mining Basin—along with its mining pit, workers' quarters and yes, slag heap—now joins The Great Wall and the Great Barrier Reef on UNESCO's World Heritage list.
Rio Tinto hopes to finalise alumina plant sale by September
The transnational miner said Tuesday it hopes to complete the sale of four alumina plants in France and Germany by the end of September
The bulls can rest their case on this one chart
Gold is being amassed largely on the fears that the global currency system is flawed, and bears also believe American and Chinese economies are headed for another fall. However, there is a deep economic imbalance that is rapidly being righted that can result in a lot of prosperity for all.
Powerscreen honours dealer network
Powerscreen, provider of mobile crushing, screening and washing equipment, presented top awards to dealers at World Dealer Conference in Cape Town, South Africa.
