Caterpillar sees no signs of mining improvement
Quoting levels "very low" and machines already sold are not being put into service by mining companies.
Latest Stories
PotashCorp profits fell 50% in 4th quarter
The company recently announced the closure of its new potash mine in New Brunswick, resulting in the loss of up to 430 jobs.
International court orders bankrupt MMX to pay $7 million to Outotec
Ruling puts and end to dispute dating back to 2013.
It’s time to buy uneconomic gold companies
It may sound counterintuitive, but now is the time to buy companies where gold will remain in the ground for the foreseeable future.
Anglo American shares rally on iron ore output hike, cost-cutting measures
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
Barrick Gold Corp is back on top as Canada’s best-performing stock and the world’s most valuable gold company
Barrick Gold Corp. has surged to become Canada’s best-performing stock as a two-month rally in the precious metal gives added lift to the company’s turnaround efforts.
Indonesia, Freeport fail to reach deal over copper export permit
The two sides have yet to resolve a government demand that the US firm first pay a $530 million deposit.
Russia’s Alrosa quarterly sales up 45%
Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.
Rob McEwen: $5,000 gold still a reality, in the meantime invest wisely!
All the ingredients are in place for the next stage of the bull market to begin!
