Bullion's slump to a five-year low this week is heaping new pressure on an already stressed gold mining industry but mine closures are not expected to happen quickly as operators instead try to reduce costs to keep operations going.
The new Cat® 16M3 Motor Grader features engineering enhancements that boost fuel economy, increase structural durability, simplify maintenance, add operator convenience and promote the safety of both the operator and those around the machine. The 16M3 is available in configurations to meet engine emissions standards worldwide.
With the deal, Potash Corp. could regain some of its historic dominance over the fertilizer market, since the two companies combined account for 30% of the global potash production.
The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.