Rio Tinto Alcan will begin an orderly shutdown of approximately one-third of its production at its 438,000 tonne Alma smelter in Saguenay-Lac-Saint-Jean, Quebec after initiating a lockout at the facility earlier today.
North Korea said Saturday it will issue gold and silver coins to mark the 20th anniversary of late leader Kim Jong-il’s ascension to the supreme commander of the communist nation’s armed forces.
Situations like long queuing times and misrouted loads have a significant impact on productivity. Cat’s MineStar Fleet assignment and optimisation technologies can help mines address these issues.
CAW Members at Caterpillar in London have voted 97.8 per cent in favour of a strike, if necessary, at a meeting held this morning. Approximately 90 per cent of members participated in the vote.
While the world economy continues to struggle, famed commodity investor Jim Rogers believes the only place to be is in agriculture, and he also expects gold will have a major correction.