Rick Rule: I am too wise to call a bottom in mining
Rick has seen too many cycles to answer a question like that.
Latest Stories
24 states line up to block Obama’s Clean Power Plan
President Obama's climate change plan has run up against some serious opposition among 24 states that are challenging it in federal court.
India to roll out gold monetization plan
India has a plan to pull more gold into its banks, and the general public is set to play a pivotal role in the program.
Second Chinese bank joins group setting gold price
China Construction Bank Corp. will become the second Chinese bank to join the group of lenders setting the benchmark used to price billions of dollars' worth of daily gold trades, in another move by the country to take a more active role in the way the world's securities are traded.
Platinum price back to triple digits
This week Volkswagen stopped selling diesel vehicles in Europe while top producer Anglo American announced a 14% surge in output.
Iron ore price drops to 3-month low
Vale's scorched earth strategy pays off: production on its way to 450 million tonnes at an astonishing cost of just $12.70 a tonne.
New 18M3 Adds Power, Capability to Cat® Mining Motor Grader Range
With the addition of the new 18M3 Motor Grader to the Caterpillar lineup, mining operations using trucks with capacities to 190 tons (172 tonnes) can now choose the popular workhorse of the industry, the 16M3, or if more capability is required, the more productive 18M3.
MMG’s gigantic Las Bambas mine in Peru to open next year despite protests
The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.
Miners sue state of Oregon over dredging ban aimed to protect salmon
They argue Oregon's ban on using machines during in-stream mining of precious metals violates federal laws.
