The equipment maker is currently spending most of its R&D budget in its digital area, which aims to help miners reduce the amount of machinery needed at operations.
Iron Ore Mining News
Duterte's government has also ordered a stop to small-scale mining operations working outside the country's mining co-operatives system, a decision that touches gold miners.
One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.
Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.
Deadly November tailings dam burst at Samarco iron ore mine and commodity downturn key considerations to slash executive pay.
Prices for the steel-making ingredient are down by 9.8% over a month ago and most of the massive projects expected to come on stream this year are not producing at full steam yet.
The world’s second largest miner says is now rather “cautiously optimistic” in relation to what China's effect on commodity prices has in store.
The world's largest iron ore exporter will be able to haul S11D's output to the Port of Ponta da Madeira in Sao Luis.
With supply gluts persisting from corn to oil, traders are already gearing up for declines.
The situation could add further heat to prices that have nearly doubled since the start of August.
Australia's largest iron ore mine eases some near-term oversupply fears.
Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.
The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.
S11D is the most recognized four letter word in the iron ore world.
"China’s steel use will also reflect its maturing economic structure and consumerization."
The commodity added $14.80 per tonne on Tuesday alone. Its trading now at almost $200 per tonne.
PGMs down nearly 10% and manganese production down 24%.
OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.
August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.
"A firm that systematically makes negative NPV investments will run itself aground."
Iron ore continues to drift lower as hopes of economic stimulus from Beijing fade.
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The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs globally in the coming years.
South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.