March 19, 2015

Caterpillar Feb. sales down 11%

The company experienced a annual drop in the resource industries segment sales in every geographic region except Asia/Pacific.

March 19, 2015

Chile imposes 2nd highest fine in history to Pan Pacific Caserones mine

Japan's top smelter, Pan Pacific Copper, will have to pay $11.9 million for breaching several environmental rules.

March 18, 2015

Gold price to double by 2030 thanks to Asia: report

ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.

March 18, 2015

No end in sight for mining sector gloomy state: report

The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.

March 18, 2015

Asian miners transition towards digital mining

According to Timetric’s Mining Intelligence Center (MIC), Asian mines are transitioning towards digital mining, as demonstrated by continuing investment in design software and mine surveying.

March 18, 2015

Iron ore mining in Goa may resume in two months

The move comes amid an ongoing collapse in commodity prices.

March 17, 2015

How top gold producers margins are being squeezed

In 2014, nine out of top 10 gold producers achieved significant reductions in all-in sustaining production costs, but average cash margin fell victim to bearish gold price.

March 17, 2015

Potash producers rejoice — China likely to pay more for it this year

According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.

March 16, 2015

World’s biggest diamond producers and trade leaders to shine in Dubai

Executives from De Beers Group, Alrosa and Endiama to reveal how the New Silk Route from China across Africa to Dubai has transformed the global diamond trade.

March 16, 2015

Afghanistan and Kazakhstan may become new global centres of rare earth metals’ production

According to recent statements of some U.S. and Russian scientists.