US Shale has a glaring problem
To outward appearances, the U.S. oil and gas industry is in the midst of a decade-long boom, however, "America's fracking boom has been a world-class bust."
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CITIC goes after Palmer’s Mineralogy over iron ore project claims
Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.
Barrick favors taking back control of Acacia Mining
No final decision has been made, and it’s also not clear whether all three of Acacia’s Tanzanian gold mines will be brought back into Barrick.
Dyson picks Singapore to build electric cars rivaling Tesla
From vacuum cleaners to electric vehicles.
Anglo will dig more platinum and diamonds than expected
While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.
POSCO posts highest quarterly profit since 2011 on strong steel prices
POSCO's revenue in Q3 rose 9.1% from a year earlier to 16.4 trillion won, beating the analysts' estimate of 16 trillion won.
China’s alumina exports in September surged to their highest level this year
Figure is fivefold increase from August, up 3,400% y/y
Sandvik Q3 profit narrowly beats forecast
Order intake improved significantly across all business areas - Sandvik
Caterpillar plummets after flagging tariffs-triggered high material costs
The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.
