Big oil worse than big miners in overspending
A chart by the Wall Street Journal shows that capital expenditures by the big oil companies are exceeding cash flow at a higher rate than the major miners.
Latest Stories
Hecla grabs Montana silver-copper deposit through $20 million merger
Hecla Mining (NYSE:HL) has expanded its operations in the western United States with the purchase on Friday of Revett Minerals (TSX:RVM) in an all-stock deal worth $20 million.
Brent Cook: “You want to identify the people and properties that can last through this bottoming period”
"The biggest mistake I see in the junior sector, is that the guys who are exploring…are just treasure hunting—a bunch of scientists out there on a treasure hunt, drilling holes, [just] to see what’s down there.”
Mine Spec Diesel Generator Buyer’s Guide – finding the right mine ready generator for your job
Finding the right mine ready generator plays a crucial role in how your work moves forward.
Central Banks paralysed
Though the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise in interest rates has been put off indefinitely.
The Magnus Digital from Sahajanand Technologies, Pvt. Ltd., Surat, India has been awarded the Innovators Award (Silver Level) in Vision System Design-2015 Innovators Awards
Vision System Design awards jury had chosen Sahajanand Technologies Pvt. Ltd., Surat’s flagship product “The Magnus Digital” (Diamond Panning and Measurement System) for their Silver Level Innovators Award.
Atlas Copco launched new version of intelligent compaction system during World of Asphalt
The new Atlas Copco intelligent compaction system is available on CC2200 through CC6200 asphalt rollers. It simplifies compaction by using the program’s real time data to alert the operator when the required material stiffness is reached.
Barrick to keep operating Zambia Lumwana mine
Zambian government rethinking steep royalty hikes that went into effect on January 1.
Copper price falls as Chile brings 1.6mt back on line
Copper down nearly 2% as torrential downpour that shut many of the country's biggest mines is not expected to impact oversupplied market.
