Rio Tinto swings to loss, blames metal prices slump

Chinese companies are seeking the wealth of mining opportunities that neighbouring Myanmar (ex-Burma) has to offer, as the country opens its economy to foreign investment after more than half a century of military ruling.

The South African National Union of Mineworkers and two other unions signed Thursday a deal with industry body the Chamber of Mines (CoM), agreeing to a new pay structure for the strike-hit gold mining sector.

Continued Strong Execution, but a More Cautious Market

Stable performance and strong service orders

The Large Drives Business Unit develops, manufactures, and markets products, systems, solutions, and services for drive engineering in industrial and infrastructure application as well as industries such as shipbuilding, pulp and paper, mining, and cement.

The review concluded that integrating Recycling into the Mining and Construction segment was the best possible alternative for creating value for Metso.

Maptek Eureka™ is the latest in a line of original solutions from mining technology developer Maptek that give miners an intelligent window into their data.

In times when most miners are reporting profit below estimates, Goldcorp (TSX:G)(NYSE:GG), posted better-than-expected third quarter results on Thursday as it benefited from operating improvements at Red Lake and Peñasquito, its two flagship operations.

Australia’s Federal Government has seen sunnier days as reports revealed Thursday it has not collected any revenue in the first three months of its much-debated Minerals Resource Rent Tax (MRRT).