ACHEMA MIDDLE EAST

Middle East

Caterpillar: Supercycle China isn’t coming back

With revenues of $50 billion a year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector in particular than Caterpillar. The...

Copper price hits fresh six year low as Paris attacks continue to weigh in

Copper price hits fresh six year low as Paris attacks continue to weigh inSince May, the metal has lost around 25% of its value, due to the increasing strength of the US dollar and weaning demand in China. Copper...

Brazil mine accident puts tailings ponds safety back in the hot spot

Brazil mine accident puts tailings ponds safety back in the hot spotThe next time a mining company decides against dry-stacking as a too-costly alternative to tailings ponds, its directors and shareholders may want to consider what a tailings pond...

Iron ore price craters

The price of iron ore fell to within shouting distance of all-time lows on Tuesday as worries about oversupply continue to dog the market and steel prices in top consumer China fall to record lows. Benchmark 62% Fe import...

Australian-owned iron ore mine in Norway files for bankruptcy

The Norwegian mining subsidiary of Australia's Northern Iron Ltd will file for bankruptcy by the end of the day, Northern Iron told a new conference on Wednesday. Sydvaranger Gruve AS, which according to its website had 400 employees, was...

Common sense prevails at Bronze Fox

A Major Drilling RC Schramm drill rig in operation at the Bronze Fox Copper Project during June.By John Miller, editor, The ASIA Miner KINCORA Copper is adopting a common sense approach to surviving in difficult global economic conditions and...

China plays big role in Eldorado success

Eldorado-Jinfeng-Open-PitA panorama of the Jinfeng project in Guizhou province. It is an open pit and underground gold mine. Photos courtesy of Eldorado Gold.ELDORADO Gold is one of few foreign mining companies that have been successful in China - the...

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