In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.
Potash Mining News
Nutrien says it will focus on increasing potash production in Saskatchewan where operating costs are lower and no capital needs to be invested.
EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.
Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.
The mining community is salivating.
The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.
He is said to have already begun training three to four people to succeed him in the job.
World salt exports rose to 64 million tonnes in 2017, up 10 million tonnes from 2016.
DRA is a high quality multi-disciplinary global Project Management and Engineering group with strong African experience and EPCM delivery capability.
Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.
Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.
Miner announced a share swap Monday, handing over £27m of stock for a 30 per cent stake in Cibra, Brazil's sixth largest distributor and a subsidiary of the privately held Omimex Group, a Texan oil and gas company.
Hattorf is the second site the company has had to shut down in the last two weeks due to a severe drought affecting the country, especially in the northern and eastern parts.
Fertiliser miner Danakali aims to raise $322 million this year to develop giant potash reserves in Eritrea.
"It is not just China."
The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.
Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up.
Canada's Nutrien Ltd, the world's biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity.
While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.
The Dead Sea is seen as offering "unlimited supply" of minerals.
Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year.
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.
The $502-million transaction makes the Chinese company Arab Potash's majority shareholder.
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.