Iron ore price crashes through $90
Iron ore and steel prices are approaching levels last seen during the height of the financial crisis.
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Iraq: Why it’s worse than you think
The Sad Truth is that one has to wonder if Iraq isn’t in worse shape than it has ever been. And that isn’t good considering what the IEA says its importance to global energy security.
CiDRA announced today that it has entered into a distributor agreement with Yokogawa Australia & New Zealand.
CiDRA (“CiDRA”) announced that it has entered into a distributor agreement with Yokogawa Australia & New Zealand. Yokogawa will sell CiDRA’s SONARtrac range of flow meters into the Australian and New Zealand minerals processing sector.
Ritchie Bros. sells more than CA$104 million of equipment in Edmonton, AB
With three Edmonton auctions held so far this year, the site has already sold a combined CA$300+ million of equipment and trucks
Fortaco opens sales office in Germany as part of European expansion
Today’s heavy industries are built on partnerships. Complex projects in the construction, mining, forestry, agriculture and energy sectors increasingly depend on sub-contractors and partners to build machinery or develop engineering expertise to turn plans into results.
Centamin legal fight over gold mine in Egypt set to end this year
Centamin issues in Egypt go back to 2012, when a court cancelled its mining license for Sukari, the firm’s only producing mine, and the country’s first large-scale modern gold operation.
Russia cuts gas supply to Ukraine as talks fail
After months of debate the outcome is that supplies have been “reduced to zero.” The news failed to lift demand for coal.
New Zealand may approve underwater mine this week
Trans Tasman Resource project will vacuum iron-rich seafloor sands, to later extract the desired titano-magnetite for export to Asian steel mills.
Vale and Amazon Indians begin talks after threats of setting mine on fire
Vale said the tribe wants to modify an agreement to mitigate the mine's impact on its community's development.
