MINING.COM

Era Mining former boss ‘shocked’ by Caterpillar allegations

Emory Williams, who was one of the largest individual shareholders of ERA, said he was “shocked, dismayed and surprised” by Caterpillar's claim allegations that accounting misconduct took place before the deal closed.

Cecilia Jamasmie | January 29, 2013 | 3:28 pm

Private firms contributed 40% of China’s 45m tonnes of new steel capacity

China is not just a command economy.

Frik Els | January 28, 2013 | 11:10 pm

Caterpillar quarterly earnings dip 55% on weak demand and accounting fraud scandal

Caterpillar Inc. suffers 55% Q4 profit loss

MINING.COM Staff Writer | January 28, 2013 | 7:54 pm

China is cleaning up its coal industry at an astonishing pace

Consolidation and technological upgrades see number of mines cut by 1,500.

Frik Els | January 28, 2013 | 7:38 pm

Exotic travel and lots of money: commodity trader for a major miner lists business perks

A social media user who claims being a commodities trader at giant Glencore (LON:GLEN) opened up a forum on Reddit on Sunday in which he answered lots of questions about what it's like to work at the big firm.

Cecilia Jamasmie | January 28, 2013 | 12:55 pm

China seeks to expand into Iranian mining sector

A senior Chinese official has flagged Beijing's strong interest in Iranian resources.

Marc Howe | January 28, 2013 | 12:35 am

Zimbabwe launches diamond fraud investigation in lead up to election

Zimbabwe's incumbent ZANU-PF party has ordered police to launch an investigation of claims that five provincial leaders defrauded over a million dollars from various diamond mining companies

Marc Howe | January 26, 2013 | 2:50 am

Deloitte, Ernst & Young apparently botched Caterpillar’s China due diligence

Financial Times is reporting that Deloitte was in charge of auditing the working capital for ERA, while Ernst & Young conducted overall evaluation of the transaction.

Cecilia Jamasmie | January 25, 2013 | 4:57 pm

Problems at the world’s largest coking coal mine escalate

Mongolia is planning to cancel China coal-supply contract, and has delayed Tavan Tolgoi's IPO.

Cecilia Jamasmie | January 25, 2013 | 10:34 am

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