A worry for Caterpillar: plunging Chinese excavator sales
Caterpillar has gotten a lot of juice out of overseas sales, and China’s been a growing market for the company. So anything undermining that is a concern for investors.
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Premier Gold Mines purchases Nevada property for US$48 million
Premier Gold Mines (TSX:PG) has taken the Cove Gold Project off the hands of Victoria Gold Corp. (TSX-V:VIT) for US$28 million in cash and stock and another $20 million in future gold production.
‘Chinese imports of gold can only be described as massive right now’: Von Greyz
Egon von Greyerz told King World News that gold imports in China have ramped up considerably due to concerns about the world […]
AngloGold Ashanti lost more ounces over safety in Q1 than all of 2011
Work stoppages as a result of safety issues in South Africa cost AngloGold Ashanti 76,000 ounces of lost production in the first quarter.
Maptek releases Vulcan 64-bit mining software to global market
Mining technology provider Maptek will release Vulcan 64-bit to global mining customers during April. The launch kicked off at Expomin in Santiago, Chile this week.
Reports of Mugabe’s death are greatly exaggerated
Widely circulated reports that the 88-year old were fighting for his life in a Singapore hospital were deemed to be "lies meant to destabilise Zimbabwe," according to a spokesman.
Newmont faces new protests in Peru as key report for $4.8 billion Conga project expected this week
Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February finalize their environmental report on Newmont Mining and Buenaventura's US$4.8 billion copper-gold project.
Molycorp’s rare earth reserves jump 36%
U.S.-based Molycorp, Inc., one of the only non-Chinese producers of rare earths, announced today that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36 percent, according to a new independent estimate.
Chile’s Codelco will decide future of its Chuquicamata underground mine this year
Chile’s state-owned copper giant Codelco will make a decision on the construction of an underground mine at its Chuquicamata operation before the end of this year, said CEO and Executive President Diego Hernandez.
