Even the iron ore price will bottom
Big three close to falling victim to their own scorched earth strategy.
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Iran mining bigger opportunity than oil
Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.
Bauer Gear Motor hosts energy efficiency technology forum
Electric motors are estimated to consume 70% of all the energy used in industry. Bearing this in mind, it’s no small wonder that there is an ongoing process of legislation requiring new technologies to adhere to ever higher standards of efficiency.
Metso to supply containerized crushing and screening plant to Saburkhan Technologies, allowing for cost efficiency and rapid plant set up
The revolutionary Metso NW Series crushing and screening plant allows customers to improve profitability at even the most challenging crushing sites and to move to the next site more easily than ever.
Up to 20,000 mining jobs gone in Australia by 2018 — report
Mining investment in Australia is forecast to fall a further 58% the next three years.
Iron ore keeps falling, drops below $43 a tonne
If that sounds bad, then you might not want to hear that the most-active iron ore futures in Singapore sank Monday below $40 a tonne for the first time ever.
Barrick, NovaGold project in Alaska a step closer to becoming the region’s largest development
The Donlin deposit holds an estimated 33 million ounces of gold, which would be extracted over the expected 27-year operating life of the open pit mine.
The upside of a down mining market
When the instinct is strongest to curl up in a ball and wait out the ravages of the down market is also when smart companies snap up distressed projects and get to work while capital costs are low.
Ronald-Peter Stöferle: Monetary Tectonics and The Austrian School of Economics
First there is monetary inflation, then there is asset price inflation, and the final stage will be consumer price inflation.
