November 3, 2016

Glencore did better as commodity trader than miner in Q3

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

November 2, 2016

Hatch granted new Canadian patent in potash and mineral salt cooling pond technology

Hatch is pleased to announce it’s been granted a new patent for potash and mineral salt pond crystallization—the only filed patent that has been validated to increase production over the…

November 1, 2016

Vale may reconsider selling $10 billion in core assets — report

If prices for the commodities it mines continue to pick up, the firm must cancel plans to sell some of its best assets.

October 31, 2016

Aussie iron ore magnate Rinehart invests in UK’s biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per…

October 31, 2016

Equity markets all but closed for mining IPOs

Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.

October 28, 2016

Canadian miners trapped in elevator

Four employees at Agrium's Vanscoy potash mine spent six hours in an industrial elevator.

October 27, 2016

Vale board OK’s sale of fertilizer unit — report

Most of the division’s assets will be acquired by Mosaic, the world’s largest producer of phosphate fertilizer.

October 26, 2016

Mick Davies’ X2 Resources fails to deliver, frees investors from commitments

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

October 25, 2016

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

October 24, 2016

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.