Central Banks paralysed
Though the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise in interest rates has been put off indefinitely.
Latest Stories
The Magnus Digital from Sahajanand Technologies, Pvt. Ltd., Surat, India has been awarded the Innovators Award (Silver Level) in Vision System Design-2015 Innovators Awards
Vision System Design awards jury had chosen Sahajanand Technologies Pvt. Ltd., Surat’s flagship product “The Magnus Digital” (Diamond Panning and Measurement System) for their Silver Level Innovators Award.
Atlas Copco launched new version of intelligent compaction system during World of Asphalt
The new Atlas Copco intelligent compaction system is available on CC2200 through CC6200 asphalt rollers. It simplifies compaction by using the program’s real time data to alert the operator when the required material stiffness is reached.
Barrick to keep operating Zambia Lumwana mine
Zambian government rethinking steep royalty hikes that went into effect on January 1.
Copper price falls as Chile brings 1.6mt back on line
Copper down nearly 2% as torrential downpour that shut many of the country's biggest mines is not expected to impact oversupplied market.
Vale CEO Murilo Ferreira to lead Petrobras
Vale's Murilo Ferreira has been nominated as Petrobras' next board chairman, while the company still scrambles to deal with the fallout from a vast corruption scandal.
Allana Potash sold to Israel Chemicals for $137 million
The deal aims to speed up development of Allana’s promising Danakil potash project, in northeast Ethiopia.
PetroChina wants to smoothly sail away from the oil sand business
The oil giant is “actively engaged” in talks to swap North American assets, mostly Canadian, with international oil companies.
Chinese miners keep digging for iron ore despite most losing money
The situation, industry officials said Friday, can’t continue for much longer.