MINING.COM

Caterpillar introduces propel drive system upgrade for rope shovels

The upgrade reconfigures the crawler undercarriage to allow drive shaft and tumbler replacement from the outboard side, which improves access and decreases downtime by days.

Caterpillar | July 26, 2019 | 1:34 pm

DSA, union may bid for mines once owned by Guptas, Glencore

The venture would be between Orchid Mining, a unit of DSA, and Nehawu Investment Holdings.

Bloomberg News | July 26, 2019 | 1:02 pm

China iron ore rallies as blanket winter steel curbs ruled out

Expectations that the world's top steel producer, will launch more infrastructure projects this year boosted support to the steelmaking raw material.

Reuters | July 26, 2019 | 12:47 pm

Gold consumers turn sellers after prices rally, silver shines

Global benchmark spot gold held above $1,400 an ounce this week, up more than 10% this year.

Reuters | July 26, 2019 | 12:32 pm

Glencore starts copper concentrates blending facility in Taiwan

Glencore has set up this blending facility because of an increase in the amount of dirty concentrates available in the market.

Reuters | July 26, 2019 | 12:24 pm

Vedanta June-quarter profit falls nearly 12%, misses estimates

Profit came in at 13.51 billion rupees ($195.98 million) for the three months ended June 30, compared with 15.33 billion rupees a year earlier.

Reuters | July 26, 2019 | 12:03 pm

Brazil steelmaker Usiminas plans steel price hike in Q3

Usiminas released quarterly earnings earlier in the day, posting net income of 171 million reais ($45.5 million), reversing losses from a year earlier.

Reuters | July 26, 2019 | 11:54 am