VIDEO: Excavator swept downhill by mud slide
Operator jumps out just in time.
Latest Stories
North Korea digging ever deeper to keep its economy afloat
The sharp fall in global commodity prices is starting to have an impact on North Korea, economists say, hurting a state that relies heavily on exports of minerals to keep its economy afloat – and its gargantuan military funded.
Blood gold flows illegally from Central African Republic
Freddy Bonjour, covered in yellow dust from head to toe, stands exhausted after a day using his bare hands and a shovel to dig for gold in eastern Central African Republic.
Gold price in danger zone not attracting bargain hunters
Not yet, anyway.
The bottom is in. Venezuela restarts iron mine after 18 years
OR NOT. As iron ore prices fall to 7-year lows struggling South American nation reopens 18 billion tonne Cerro Bolivar mine mothballed since 1997.
Dire Chinese steel outlook drops iron ore price to 7-year low
Down 1.4% Wednesday to lowest since 2007 on Chinese forecast of peak steel production and contraction.
Tanker fire in Michigan lights up social media
Only minor injuries were reported.
30cm Accuracy Topography for Mining
PhotoSat’s 30cm accuracy satellite topographic mapping shortens timelines and saves costs throughout the mining exploration and production process.
Glencore in huge Russian oil deal
Debt for equity swap deal for 49% of top ten Russian oil producer could be worth as much as $3 billion.
