Copper price heads toward $12,000 a ton as banks predict further gains
With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009.
Joy Global sells LeTourneau drilling products division for $375 million; increases Q3 profit
Major mining equipment player Joy Global Inc. (NASDAQ:JOYG) is selling the drilling products arm of the business it acquired from LeTourneau Technologies. Joy Global said Wednesday it will sell LeTourneau's drilling products business to Cameron International for $345 million. The...
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