Temir Sariyev, a 51-year-old economist, said before Thursday's vote in parliament that resolving the Kumtor issue would be among his priorities.

Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.

High pressure, high flow pumps require considerable energy input in order to deliver the demands of each application, be that in the mining or the steel industry. Increasing energy prices continue to apply additional pressure to these industries and so the manufacturers of these systems are developing more efficient control systems such as ODIN which has been designed and implemented by RMI Pressure Systems.

State-of-the-art ring-geared mill drive solution to provide process efficiency and equipment reliability for Ferrexpo Poltava Mining’s latest mine upgrade

The measure aims to stimulate production and attract investment in the sector, amid low international prices for the coveted gems.

Tthe world’s largest fertilizer producer, cut its full-year earnings forecast because of higher taxes and lower income from foreign investments.

Minerals are the bedrock of the manufacturing industry.

The company's stock is being ripped apart on both, the New York and the Toronto Stock Exchanges as a result.

There is little doubt that as oil prices fall, some people working in that sector will lose their jobs. What is less clear is the impact those job losses will have on other sectors of the economy.