Miners profits sank 72% over past year, lowest level in a decade
Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
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The platinum supply shock
Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year.
Joy Global profit drops on weak mining equipment demand
The firmj's bookings, an indication of future sales, fell by 7.2% to $1.05 billion from $1.13 billion in the same period of 2013.
Bargain hunters drive Molycorp shares 11% higher
US rare earth miner up sharply from historic lows in heavy volume.
Avanti Mining signs agreement with First Nations group over $1b Kitsault mine
Avanti Mining Inc. (TSX-V) has entered into an agreement with the Nisga’a Nation regarding the mining company’s proposed $1 billion Kitsault Molybdenum Mine Project.
Halved since 2011, EPA rules to push coal price down another 20%
EPA's radical new rules make building new coal-fired power plants unfeasible while 15% of existing capacity will be shut down within two years, reducing demand.
Maptek partners with universities worldwide
Maptek maintains strong partnerships with universities, donating software licences and equipment, as well as providing time and expertise to train future mine professionals.
Romania deals major blow to Gabriel Resources gold mine: on hold indefinitely
The lower house of parliament rejected bill that would have allowed the firm to proceed with its Rosia Montana project.
Unreserved heavy equipment and truck auction
Raleigh-Durham, NC public auction on June 24. No minimum bids or reserve prices on rock trucks, loaders, dozers, excavators and more.
