Rio Tinto axes spending forecast by $1.5 billion
Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.
Latest Stories
Canadian Arctic readies for world’s largest diamond mine opening
The Gahcho Kué mine will take in a number of the hundreds of workers laid off at Snap Lake.
Mount Milligan team awarded excellence in mine development by AMEBC
Other winners are Clive Johnson and Eira Thomas.
Fed’s rocket ship turns hoverboard
Over the past year, while the U.S. economy has continually missed expectations, Federal Reserve Chairwoman Janet Yellen has assured all who could stay awake during her press conferences that it was strong enough to withstand tighter monetary policy.
Be ready to buy gold equities: JP Morgan
We feel investors should be ready with a small gold equity position in case this situation develops, or suggest they do their homework so they can react quickly should the forecast Fed rate rise damage the economy.
Year-end inflection points: Dead ahead
It’s widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month.
Maptek to distribute 3d-Dig products in major mining regions
Mining technology developer Maptek will now distribute and support the full suite of 3d-Dig products of Earth Technology Pty Ltd in Australia, North and South America.
AVEVA named Britain’s Most Admired Company in the Software and Computer Services Sector
AVEVA wins the Management Today award as voted for by its peers for the second year running and is ranked 24th in the overall Britain’s Most Admired Companies list
Thiess awarded $760 million contract at Mt Owen mine
Thiess has been awarded a contract with revenue of $760 million to operate Glencore’s Mt Owen Coal Mine.
