Iraq pumping oil at record levels, unaffected by protests

The move is part of a now two-year-long move to shed non-core assets and pay back debts.

In July 2014 Caterpillar will deliver the first of two complete Cat® longwall mining systems to the Soma Eynez East mine of Demir Export A.S. – Fernas Insaat A.S. Joint Venture. Both longwall systems are designed for longwall top coal caving (LTCC) in a coal seam with an average thickness of 25 meters (82 feet).

LDD, an Acteon company, has been contracted by McConnell Dowell to supply specialist pile-top drilling equipment and personnel for the installation of 1050- and 1200-mm diameter piles at the new Roy Hill iron ore export facility at Port Hedland, Western Australia.

They are now being traded on auction websites for a 100% profit.

KTI was selected by Harmony Gold Mining Company Limited to supply and install an ice cooling system at Harmony’s Phakisa gold mine in South Africa.

The firm said it has already put in place savings initiatives in various areas including mining equipment rates, rail car leasing rates and corporate and administration costs.

New law expands the proportion of Mongolia’s area available to mining and exploration from 8% to 20%, among other investor-friendly changes.

Rally in prices stimulated demand.

Cuts will occur because the sector is switching from the job-heavy construction stage to the operational phase, which requires fewer workers.