An independent report has confirmed the Montepuez mine holds the largest deposit of rubies in the world, with projected output of 432 million carats over 21 years.

Given the rising costs of raw materials and energy, companies must now come to terms with the issue of energy management more than ever before.

The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.

Bullion's slump to a five-year low this week is heaping new pressure on an already stressed gold mining industry but mine closures are not expected to happen quickly as operators instead try to reduce costs to keep operations going.

The new Cat® 16M3 Motor Grader features engineering enhancements that boost fuel economy, increase structural durability, simplify maintenance, add operator convenience and promote the safety of both the operator and those around the machine. The 16M3 is available in configurations to meet engine emissions standards worldwide.

With the deal, Potash Corp. could regain some of its historic dominance over the fertilizer market, since the two companies combined account for 30% of the global potash production.

The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.

Easier than ever to implement and adapt for variable speed applications with the highest levels of energy efficiency!

The deals represent two ground-breaking initiatives to make Canada’s mining industry more fuel-efficient and environmentally friendly.