Mining equipment suppliers caught in vicious spiral
Already clobbered by the mining sector's woes, the crude oil slump could't come at a worse time for the resources equipment and services industry.
Latest Stories
Analyst: Glasenberg could grab Rio by way of China
By promising top shareholder Chinalco, Rio's stakes in Oyu Tolgoi and Simandou.
Heads roll as BC Iron forced to cut costs amid weakest price in years
Founding managing director Mike Young among the ones leaving the company.
Rain for Rent Introduces Versatile New SiteMax™ Pump
Exclusive and innovative features offer customers an all-purpose pump across multiple water management applications
Police and protestors clash at Ivanhoe mine in South Africa
Locals were protesting the imminent construction of Platreef platinum mine.
Metso’s Capital Markets Day in Amsterdam on November 26, 2014
Metso is holding a Capital Markets Day in Amsterdam today, November 26, 2014. The event will highlight various topics, such as the Group's strategy, financial performance and financial targets, as well as growth prospects and development initiatives of Metso's three business areas.
When it rains…Iron ore, gold miners the most vulnerable to Ebola risk
Report shows there are 39 assets in production within the Ebola-affected region.
10 tonne Master Magnets Overband Magnet installed in coal processing plant in Nakhodka, Russia
The Electro Overband Magnet is the most powerful overband separator from the Mastermag range and is designed to operate and separate at increased suspension heights...
Suppliers face loss-making deals as miners tighten screws
The global mining sector has cut $20-25 billion in costs.
