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Caterpillar results beat expectations but forecasts weak year

Cecilia Jamasmie | April 23, 2015
Caterpillar results beat expectations but expects weak year

The machinery giant doesn’t think it will remain strong for the rest of 2015.

Rio Tinto iron ore output up again, but exports fall

Cecilia Jamasmie | April 21, 2015
Rio Tinto iron ore output up again, but exports fall

The miner shipped 72.5m tonnes in the quarter, up 9% from a year earlier but down 12% sequentially.

Workers strike at Anglo’s coal mine in South Africa

Cecilia Jamasmie | April 8, 2015
Workers strike at Anglo’s coal mine in South Africa

More than 400 members of the National Union of Mineworkers (NUM) downed tools Wednesday, demanding the removal of the mine's general manager.

Harmony halts operations at Unisel mine after fatal incident

Cecilia Jamasmie | April 7, 2015
Harmony halts operations at Unisel mine after fatal incident

The employee was fatally injured in an accident while performing maintenance work on Saturday.

Mongolia greatly responsible for Rio’s Oyu Tolgoi troubles – PM

Cecilia Jamasmie | April 3, 2015
Mongolia greatly responsible for Rio’s Oyu Tolgoi troubles - PM

Prime Minister Chimed Saikhanbileg said Friday his country should take charge of how long a dispute a expansion of the copper and gold mine has taken.

BHP wants strikes to be ‘last resource’ for workers

Cecilia Jamasmie | March 30, 2015
BHP wants strikes to be ‘last resource’ for workers

The mining giant has also asked for local laws to be flexible enough to keep pace with other countries.

Glencore shutting down its West Wallsend coal mine in Australia

Cecilia Jamasmie | March 26, 2015
Glencore shutting down its West Wallsend coal mine in Australia

The firm said poor coal prices meant it would not make sense to extend the life of the mine.

Energy regulator staff probed over handling of TransCanada safety violations

Cecilia Jamasmie | March 25, 2015
Energy regulator staff probed over handling of TransCanada safety violations

The Association of Professional Engineers and Geoscientists of Alberta (APEGA) probe centres on the alleged mishandling of claims of natural gas pipeline violations at TransCanada by engineers working for the energy regulator (NEB).

Freeport axes dividend by 84% amid weak commodity prices

Cecilia Jamasmie | March 24, 2015
Freeport axes dividend by 84% amid weak commodity prices

The copper and gold miner will pay a dividend of 5 cents.

Why are young workers shunning the oil sands?

The Tyee | March 24, 2015

An annual survey of the oil and gas workforce has revealed a surprising trend.

Honeywell lockout at Illinois uranium plant coming to an end

Cecilia Jamasmie | March 23, 2015
Honeywell lockout at Illinois uranium plant coming to an end

The seven-month work stoppage as crippled the U.S. only facility that converts uranium oxide into hexafluoride, used as fuel in nuclear power plants.

Caterpillar Feb. sales down 11%

Cecilia Jamasmie | March 19, 2015
Caterpillar Feb. sales down 11%

The company experienced a annual drop in the resource industries segment sales in every geographic region except Asia/Pacific.

This is what the world’s largest underground mine looks like

Cecilia Jamasmie | March 10, 2015
This is what the world’s largest underground mine looks like

MINING.com visited Chile’s El Teniente mine, the world's largest underground copper operation and the sixth biggest copper mine by reserve size.

Turkey coal mine disaster trial to begin in April

Cecilia Jamasmie | March 10, 2015
Turkey coal mine disaster trial to begin in April

Dozens of suspects arrested after the mine disaster that shook Turkey last year will stand trial beginning next month.

Rio Tinto to axe hundreds of jobs as part of drastic restructuring

Cecilia Jamasmie | March 9, 2015
Rio Tinto to axe hundreds of jobs as part of drastic restructuring

The company recently announced its intention to merge the copper and coal divisions, reducing Rio's businesses to just four main groups.

Gold down on better-than-expected U.S. jobs report

Cecilia Jamasmie | March 6, 2015
Gold down on better-than-expected U.S. jobs report

Gold for April delivery on the Comex division of the New York Mercantile Exchange was last at $1,184.20 per ounce, or about $12 below where it was before the report was released.

Rio’s debated Warkworth coal mine extension finally approved

Cecilia Jamasmie | March 5, 2015
Rio’s debated Warkworth coal mine extension finally approved

Expansion of Mount Thorley-Warkworth coal mine in the Upper Hunter, had been knocked back twice in the courts.

Glencore slashes Australian coal production

Cecilia Jamasmie | February 27, 2015
Glencore slashes Australian coal production

The cuts include scaling back some operations and deferring projects. Further job cuts to follow.

Australia’s Hunter Valley coal's health bill more than $460m a year

Cecilia Jamasmie | February 23, 2015
Australia’s Hunter Valley coal's health bill more than $460m a year

The figure, estimated by doctors, is based on the health costs and lost productivity from coal-related respiratory and cardiac issues.

Potash Corp. profit jumps 77% on record sales

Cecilia Jamasmie | January 29, 2015
Potash Corp. profit jumps 77% on record sales

The Saskatoon-based miner also hiked its quarterly dividend 9% to 38 cents per share.

Glencore mulls shutting down South African coal mines, lay offs

Cecilia Jamasmie | January 28, 2015
Glencore mulls shutting down South African coal mines, lay offs

The miner, one of the biggest exporters of South African coal, may re-open those operations if economic conditions improve.

War for talent in mining just heating up, says EY

EY | January 28, 2015
war-for-talent-in-mining-just-heating-up-says-ey

With a focus on productivity, companies must not neglect talent management

Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

Cecilia Jamasmie | January 27, 2015
Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

The U.S. largest miner by market value and revenue has already slashed its capital budget for the year by $2bn and it is ready to make further cuts.

Commodity prices hit Caterpillar profit — down 25%

Cecilia Jamasmie | January 27, 2015
Commodity prices hit Caterpillar profit — down 25%

CAT keeps slashing costs as it tries to offset issues out of its control, such as the falling price for everything from iron ore to oil.

Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia

Cecilia Jamasmie | January 26, 2015
Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia

Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.

Anglo American mulls sale of more coal mines in Australia

Cecilia Jamasmie | January 23, 2015
Anglo American mulls sale of more coal mines in Australia

The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.

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