Metals Markets

Supplier news: Finning cuts 1,100 jobs amid sales slump 

Source: Print Archives | 2015-11-18
Citing weak sales, Caterpillar (NYSE: CAT) dealer Finning International (TSX: FTT; US-OTC: FINGF) announced it would cut its global workforce by 1,100 people, or 8%.

Low gold prices in Q3 fuel rise in demand  

Source: Print Archives | 2015-11-18
The following is an edited summary of the World Gold Council’s Gold Demand Trends report for this year’s third quarter. For the full report, please visit

Caterpillar launches major restructuring 

Source: Print Archives | 2015-10-21
Heavy equipment manufacturer Caterpillar (NYSE: CAT) will transform how its mining, customer and dealer divisions operate with an eye toward increasing efficiency and customer satisfaction.

TSX falls, Sept. 21-25 

Source: Print Archives | 2015-09-30
Anxiety about global growth soured investor appetite for risk, with data showing Chinese factory activity shrank to a six-and-a-half-year low in September, while U.S. manufacturing growth in the same month stayed at a two-year low. 

Editorial: Graphite and REE juniors are suffering, too 

Source: Print Archives | 2015-09-02
While they have a lower profile than the mining companies who are chasing after major commodities like gold, copper and iron, junior companies associated with graphite and rare earth elements have also endured a four-year bear market for their...

Analyst: Oban's four-way merger should inspire weary juniors 

Source: Print Archives | 2015-09-02
Market realities are starting to bite, and the combination of Oban Mining (TSX: OBM) with three other companies is a good model to emulate at a time when most management teams in the junior mining sector are struggling to keep their...

SGS expands Corescan service in North America 

Source: Print Archives | 2015-08-26
SGS has enhanced its hyperspectral analysis capability in North America by adding a mobile unit, based in Canada.

Editorial: Commodities prices follow China's economy south 

Source: Print Archives | 2015-08-26
China’s slowing economy and sinking stock market are wreaking havoc on already oversupplied commodity markets around the globe.

Asian, African miners more likely to switch heavy equipment suppliers, Timetric survey says 

Source: Print Archives | 2015-08-26
A survey of buyers and senior decision makers at more than 500 mines across the globe wide shows that most Asian and many African miners anticipate switching major equipment manufacturers in the next five years.

Gekko heads to Arctic with Hope Bay contract  

Source: Print Archives | 2015-08-26
Gekko Systems, a mineral processing and modular plant design firm, has won a contract for work on TMAC Resources’ (TSX: TMR) flagship Hope Bay gold project in northwest Nunavut.