Tehran rides to gold’s rescue
"The only thing that's got us up is oil," Frank McGhee, senior precious metals dealer with Integrated Brokerage Services in Chicago told The Wall Street Journal.
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Open outcry: Four bidders line up for Romania’s state copper mine auction
Romania received four bids for its biggest copper mine, Cupru Min Abrud, and will sell the company in an auction on March 26, the economy ministry said on Friday.
Caterpillar introduces 777G off-highway truck
The new Cat® 777G Off-Highway Truck introduces outstanding performance, production and fuel efficiency in the 100-short-ton (91-tonne) size class.
Chile’s mining industry hunts for renewable energy
As oil prices continue to rise, and nations around the world look for ways to weather an energy crisis, Chile is turning to one of its own best renewable resources – solar energy – to supply much needed power.
CREECO and Dumas Sign Strategic Partnership Agreement
Cree Regional Economic Enterprises Company Inc. (“CREECO Inc.”) and Dumas Contracting Ltd. (“Dumas”) announced today that they have formed an alliance by signing a strategic partnership agreement.
Metals Economics Group pipeline activity index, March 2012
Metals Economics Group (MEG) Pipeline Activity Index (PAI) slid for the third consecutive month in January to its lowest level since mid-2010, before showing some encouraging signs of recovery in February. Gold drilling regained momentum lost during the holidays, and the total number of initial resources announced in January-February matched the highest two-month total since early 2009.
Chile’s Codelco to expand to the rest of South America
It’s Ecuador and Colombia next for Chilean copper giant Codelco, as the company proceeds with plans to become more international by exploring mining opportunities in neighbouring countries.
Babcock awarded £100m fleet management contract with Lafarge
Lafarge has awarded Babcock International Group a £100m ten-year contract to provide a fleet managed service for its Heavy Mobile Equipment (HME) located across its Aggregate and Cement sites in North America. The programme follows the £50m fleet management contract awarded to Babcock in July 2011, which covers Lafarge’s Aggregate and Cement sites in the UK.
AVEVA and LFM Software showcases Laser products at SPAR International 2012
AVEVA (LSE:AVV) and LFM Software, announced today they are attending SPAR 2012 from 15-18 April. AVEVA and LFM Software will showcase their latest laser technology developments. LFM Software will also host its annual User Meeting on 19 April. Both events will take place at the Woodlands Waterway Marriott Hotel, near Houston Texas.
Gradall’s XL 5100 IV highway-speed excavator delivers superior performance
Gradall Industries’ XL 5100 IV is a more versatile, productive, highway-speed excavator than any other in its weight class. At 57,670 lbs, it allows for faster travel than ever before, from jobsite to jobsite, and back to the equipment yard at the end of the day.
RANKED: Top 10 gold mining companies of 2025
The million ounce club: These miners are making the most of record high gold prices.