Platinum, palladium prices tank on strike deal
Unions representing 70,000 workers and the three largest platinum mines in the world reach wage deal to end almost 5-month long strike.
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Metso signs EUR 500 million revolving credit facility
Metso Corporation has signed a new EUR 500 million multi-currency revolving credit facility with a syndicate of 10 relationship banks.
Aussie scientists develop cost-effective way to treat mining wastewater
The treated water can be either released to the environment or recycled back into the purifying plant.
IronPlanet Launches allEquip, the New Way to Buy Used Equipment Online
IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today launched allEquip.com, an online, “buy now” marketplace of used construction equipment for sale at competitive prices.
Three ABB gearless mill drives up and running at Mina Ministro Hales, Chile
Reliable and energy efficient ABB gearless mill drives enhance productivity by optimizing grinding operations for world’s largest copper producer Codelco
Unreserved heavy equipment and truck auction
No minimum bids or reserve prices on rock trucks, loaders, dozers, excavators and more. Up to 100% financing available.
Asia Resource Minerals CEO von Schirnding steps down
The company, until recently known as Bumi, has named independent director Amir Sambodo as Nick von Schirnding’s successor.
Van Eck fund manager Joe Foster is building for the upswing
Lackluster gold should find some of its sparkle in the second half of 2014, according to Joe Foster, fund manager at Van Eck Associates.
Diamond demand to climb 4.5% this year — De Beers
De Beers, the world's largest diamond miner by market value, is also bracing for a rough diamond demand rush.
