Miners profits sank 72% over past year, lowest level in a decade Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected. Cecilia Jamasmie | June 5, 2014 | 2:48 pm
Joy Global profit drops on weak mining equipment demand The firmj's bookings, an indication of future sales, fell by 7.2% to $1.05 billion from $1.13 billion in the same period of 2013. Cecilia Jamasmie | June 5, 2014 | 10:11 am
Romania deals major blow to Gabriel Resources gold mine: on hold indefinitely The lower house of parliament rejected bill that would have allowed the firm to proceed with its Rosia Montana project. Cecilia Jamasmie | June 4, 2014 | 5:58 pm
Canadian studies endorsing fracking highly flawed — critics The two documents released Tuesday conclude the debated extraction process just needs to be closely monitored and properly regulated. Cecilia Jamasmie | June 4, 2014 | 3:58 pm
Areva office, ex-staffs homes raided by police over purchase probe The ongoing investigation focuses on the controversial $2.5billion acquisition of Canadian rival UraMin in 2007. Cecilia Jamasmie | June 4, 2014 | 2:32 pm
Credit card made of solid gold issued in Europe’s Isle of Man The 14-carat gold credit card is the world’s first backed by the precious metal itself. Cecilia Jamasmie | June 4, 2014 | 11:05 am
Most US companies ‘unsure’ of whether they use conflict minerals in their products First reports submitted to the US and the Securities and Exchange Commission (SEC) seem vague. Cecilia Jamasmie | June 3, 2014 | 5:19 pm
Newmont stops copper output at Indonesia mine The miner said its concentrate storage facilities have reached full capacity and that it is still trying to delay putting its employees on paid leave at reduced compensation Cecilia Jamasmie | June 3, 2014 | 3:29 pm
Kimberley Diamonds restarts Botswana Lerala mine The Australian miner said it plans to spend $15 million to restart the operation, with work is expected to begin in the first half of 2015. Cecilia Jamasmie | June 3, 2014 | 1:51 pm
A bull in a china shop can be dangerous; this excavator isn’t Watch a CAT mini excavator go though extremely narrow aisles of a store packed with $40,000 worth of valuable glassware. Cecilia Jamasmie | June 3, 2014 | 1:05 pm