"Market conditions may not significantly recover over the next twelve months"

Hexagon, the leading global provider of design, measurement and visualisation solutions, has acquired Aibotix, a manufacturer of intelligent multicopter systems for high-efficiency aerial applications. The acquisition strengthens the Life of Mine solution offered by Leica Geosystems Mining.

See the OreXpress in the Spectral International Booth #500 at PDAC, March 2-5 in Toronto.

Maptek has made a significant investment in DroneMetrex, an Adelaide-based startup company that has developed innovative new technology for aerial photogrammetric mapping from small drone aircraft.

The Bundesbank, trying to build trust among Germans concerning the whereabouts of their 3,396 tonnes of gold, tries hard to lay the many rumours to rest.

Liebherr uploaded a time lapse video of R 9800 mining excavator being assembled in Lake Vermont coal project in Queensland, Australia.

Liu Han who disappeared after cutting billion dollar mining deals in Australia and Africa, is accused of running a "mafia" gang protected by state officials.

About 40% of the 100m tonnes of iron ore stockpiled in China have been put up by steel traders as collateral for loans. Loans banks are now calling in.

The red metal is the lone commodity being shunned by the smart money.