China Construction Bank Corp. will become the second Chinese bank to join the group of lenders setting the benchmark used to price billions of dollars' worth of daily gold trades, in another move by the country to take a more active role in the way the world's securities are traded.
With the addition of the new 18M3 Motor Grader to the Caterpillar lineup, mining operations using trucks with capacities to 190 tons (172 tonnes) can now choose the popular workhorse of the industry, the 16M3, or if more capability is required, the more productive 18M3.
The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.