Mining - 24 October 2014

Caterpillar’s mining sales remain weak through Q3

Friday 24 October 2014 11:00

Caterpillar’s mining sales dropped 19%, while profits plunged 62%, in Q3 on the back of weak CAPEX spending in the mining industry.

Vale’s coal production creeps up in Q3

Friday 24 October 2014 09:30

Vale’s coal production grew by 5.9% in Q3 as logistical bottlenecks in Mozambique continued to hold back the ramp up of the Moatize mine.