Teck Resources to axe 1,000 jobs, lowers dividend
With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000.
Latest Stories
The collapse of commodities in one simple chart
Year to date gold is one of the better performers, but rhodium comes off worst.
Saudis planning for a war of attrition in Europe with Russia’s oil industry
Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.
Sulzer to showcase latest turbine components at Power-Gen 2015
The Las Vegas Convention Center will be hosting this year’s Power-Gen International event from Dec. 8 – 10th with more than 1,400 exhibitors looking to attract a record breaking 22,000 visitors. Sulzer will be one of the prominent exhibitors welcoming people from more than 90 countries to see the complete range of products and services on offer.
Emerson introduces the industry’s first wireless pressure gauge to help plants improve operations
The Rosemount™ Wireless Pressure Gauge delivers safer and more reliable readings, enabling better visibility of field changes both in the field and remotely
Dollar pushes gold price to February 2010 low
CHART: Strong US dollar turning 2015 into gold's worse run since 1998.
Iron ore price craters
“The floor of this market is in the hands of the top five mining companies."
Copper price hits fresh six year low as Paris attacks continue to weigh in
The industrial metal, often viewed as a barometer of global economic growth, fell to its lowest level since 2009.
Cliffs to halt operations at Minnesota iron ore mine
The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.
