Asia Pacific

Caterpillar sales down again, almost three straight yearsThe biggest declines in sales were in construction in Latin America (-41%) and in the resources industry in Asia (-37%). Caterpillar (NYSE:CAT), the world’s No.1 heavy machinery maker, put another nail in the mining industry’s coffin after reporting that its sales declined again…
In the doldrumsThe once obscure Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago. The London-based Baltic Exchange tracks the cost of moving commodities along more than 50 routes around the world. With China's emergence as the dominant trading economy…
In an attempt to put the estimated 20,000 tonnes of gold households and temples on the subcontinent are hoarding to more productive use and alleviate pressure on its current account, the Indian government launched two new gold savings schemes a fortnight ago. Announced in the finance ministry's 2015-2016 budget, the gold…
Competition for existing water supplies, combined with rising regulatory and social scrutiny of mine water management plans, brings prospects of higher project costs and longer development timetables By Russell A Carter, managing editor, E&MJ A recent study claims that about 70% of the mining operations of the five largest hard-rock mining…
Ongoing drilling by Geopacific Resources at the Kou Sa Copper-Gold Project in Cambodia has returned thick, high-grade down-dip extensions to existing mineralized zones and has identified a potential feeder zone. Prospect 160 is one of the most advanced areas at Kou Sa and is expected to form part of a…
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