Caterpillar sees no signs of mining improvement
Quoting levels "very low" and machines already sold are not being put into service by mining companies.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Iron ore price: Seaborne trade is Opec on crack
New warnings about impact of super-concentrated supply of steelmaking raw material.
CHARTS: Chinese supercycle can’t be repeated
Mining hits a BRIC wall.
One more reason you don’t want to mine nickel
There's a reason It's called the devil's copper.
CHART: Stop panicking about Chinese growth
China’s slowdown is nothing new. Growth peaked in 2007 and had been on a clear downward trend since 2011.
Hedge funds in major commodities rethink
Silver attracts buyers, gold price lifted out of historic net short positioning as large futures speculators cut overall bearish bets on commodities by 74%.
North America’s 10 highest mines
North America's highest mines are all concentrated in just four states
The world’s southernmost mines
Chile's Invierno coal mine is, by far, the southernmost mine on the planet.
This is what a mining, metals market meltdown looks like
Three of the world's top mining companies are now trading over 90% below their boom year highs as the 2016 commodity sell-off gathers pace.
Ex-Barrick CEO said to offer $1bn for Glencore mine
Aaron Regent "is competing against a small number of Chilean-focused operators" for Glencore's Atacama copper mine according to reports.
Mining’s next boom is off the map: Arctic ice, abyssal plains and asteroids
Depletion, lower ore grades and higher prices pushing miners to new frontiers. The Arctic is already drawing capital, deep-sea mining is moving into a regulatory fight, and space remains the long-dated option.