Caterpillar results prove global economy in good shape
The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.
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First-quarter profit rise at Sweden’s Sandvik marred by mining miss
Its shares are still up more than 10 percent in 2018, outperforming a flat European industrial sector index.
Centerra rejects unsolicited offer for its Kumtor gold mine in Kyrgyzstan
Centerra and Kyrgyzstan have had a series of disputes over sharing profits from Kumtor, and London-listed Chaarat was offering the nation to increase its stake in the project’s cash flow in the three-way deal.
Freeport profit misses on lower-than-expected copper sales
The Phoenix, Arizona-based copper miner reported a lower-than-expected quarterly profit on Tuesday as red metal sales missed the company's forecast.
Anglo delays Minas Rio restart until year-end, will lose about $400 million
The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes.
Peru expects $20.8 billion in mining investments
Only in 2019, Lima expects to receive $2.9 billion in mining investments.
Australia’s Fortescue iron ore shipments, price fall in Q3
The iron ore producer reported a 2 percent fall in third-quarter iron ore shipments on reduced demand in China.
Barrick Gold earnings just beat market; turns focus to growth
Barrick Gold Corp reported a slightly better than expected increase in first-quarter adjusted profit on Monday.
Commodities: the top asset class of 2018 so far
If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.
