Caterpillar Inc (NYSE:CAT), the world's largest earth-moving equipment maker, raised its 2012 profit forecast on Wednesday based on its quarterly profit report, which beat by far most of Wall Street's gloomy outlooks.
Two and a half years after an earthquake devastated Haiti, killing more than 300,000, the country could use a windfall to help in its rebuilding efforts. Now, thanks to its mineral wealth, Haiti could begin making its way out of being one of Latin America’s poorest countries.
Police in the southern Chinese province of Guangdong announced on Tuesday that they have shut down nine rare earth mines operating illegally in Longchuan county over the past six months.
Western Austalia's Atlas Iron Limited (ASX:AGO) increased shipments by 25% in the second quarter and is well on its way to doubling production by the end of 2012.
Mining magnate Gina Rinehart would pass a proposed public interest test for ownership of media outlets according to the Australia government's Communications Minister Stephen Conroy.