Construction, not mining lifts Caterpillar’s profit
The world’s largest maker of heavy machinery posted a 5% increase in quarterly profit, beating analysts’ estimates.
Latest Stories
Texas ranch family gets $3 million in ‘fraccident’ suit
Jury awards Texas family $3m for health problems like nausea and nosebleeds said to be as a result of a fracking well a few kilometres from their farm.
Illegal gold mining expands in South Africa at sky-high rates: report
Authorities estimate there are about 14,000 people currently involved in illegal mining in the country.
Platinum strike doesn’t get to spoil Anglo American’s first quarter results
Platinum output fell by nearly 40% as a consequence of a more than three-month strike over pay in the sector South Africa.
Public muzzled in Trans Mountain debate, critics say
Unlike it happened for the Northern Gateway project, there will be no public hearing schedule for the Trans Mountain pipeline.
First seabed mine to go ahead as Nautilus solves dispute with PNG
Under the agreement, the Papua New Guinea government paid Nautilus $7 million, which entitles it to a 15% stake in the project, with an option to increase it by another 15% in the next 12 months.
CHART: So far so good on the 3-year gold, silver stocks rule
In three decades, the Philadelphia Gold & Silver Index has never declined four years in a row.
Roxgold’s robust Burkina Faso feasibility rocks stock
Toronto junior is up 46% this year and feasibility for Yaramoko improves on what was already one of the lowest cost and highest grade projects anywhere in the world.
Barrick-Newmont merger could be as good as gold
The new gold giant would have a market value of $33 billion, operations on five continents, and a gold output of well over 12 million ounces a year.
