MAXAM expands its mining industry supply activity in Australia

Ironically, in a world awash in fiat currencies that are created at an ever increasing pace, and whose value is solely derived from faith in the issuing state, gold is the only form of money whose value does not require a leap of faith.

It had said in January that the closure of its Optimum coal mines would put over 1,000 jobs at risk.

Findings of a new research show the 11% fall in carbon emissions between 2007 and 2013 was caused mainly by depressed market conditions.

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.