October 24, 2011

Eriez® Xtreme® Rare Earth Rota-Grates® Provide Speedy and Automatic Removal of Clogging Contaminants from Processing Lines

Eriez® Xtreme® Rare Earth Rota-Grates® feature a unique rotating design to remove both large and small ferrous contaminants that tend to stick, clog and bridge when passed through traditional grate…

October 24, 2011

Au no! Viper’s verification sampling finds no gold, angry investors bite back

In an object lesson on the fickle nature of junior explorer investment, dismayed investors took a huge chunk out of Viper Gold's stock on the Toronto Venture Exchange after trade…

October 24, 2011

Rio: Iron ore price drop accelerating move to shorter contracts

As the price of iron ore continues to tumble, Chinese buyers of the crucial steelmaking ingredient are backing away from quarterly contracts in favour of cheaper monthly contracts or spot…

October 24, 2011

Global economy woes dim forecasts for China’s copper demand

The debt crisis in Europe as well as the struggling economy in the United States may cloud the prospect of China’s demand for copper, which is usually regarded as an…

October 24, 2011

‘Discount’ valuation adds shine to North American Palladium

The outlook for the palladium sector is not so grim despite slowing demand for the white metal from Asia’s auto industry, says Raymond James analyst Bart Jaworski.

October 24, 2011

Australia approves $1.3B Anvil Mining takeover

The Australian government has approved the $1.3B takeover of Anvil Mining (TSE:AVM) by China-based Minmetals Resources Ltd. The deal announced on September 30th required approval from the Australian Foreign Investment…

October 24, 2011

Manitoba’s Gossan Resources investing in Greece, undertaking private placement

Gossan Resources Limited (TSX VENTURE:GSS)(FRANKFURT/FREIVERKEHR & XETRA:WKN 904435) has signed a Letter of Intent (LOI) with East Mining Company SA ("EMC") of Athens, Greece, to investigate and examine the possibilities…

October 24, 2011

Russia’s rich kimberlite brighten prospects says Frost & Sullivan

Russia is the world’s largest source of rough diamonds. In 2010, it accounted for 23.5% of the total diamond production in terms of volume, and 25% in terms of value.…

October 24, 2011

"No coal depletion threats in Botswana"

The Plant Manager of Morupule Colliery, Matthews Bagopi, says unlike with other commodities that are expected to run out soon in Botswana, there are no threats of coal depletion because…

October 24, 2011

Caterpillar hits new Q3 record with $1.1B profit, $15.7B in sales

Continued improvement in demand, a company-wide focus on effectively managing the ramp-up through the Caterpillar Production System, and focused cost management drove third-quarter sales and revenues and profit for Caterpillar…