Caterpillar Inc., the world's largest manufacturer of construction equipment, said the proposed 40 percent tax on profits of Australian mining operations, the company's sales in the country hurt. "Together with our dealers and customers in the region, we are concerned about the potential impact of the proposed change in tax policy will have on the production of mining equipment and our sales in Australia," Caterpillar spokeswoman Kate Kenny said. . . Read More »
CANBERRA - Australian Prime Minister Kevin Rudd could lose elections later this year after a dramatic decline in support, two new polls found on Monday, put pressure on the government to achieve an agreement on the new mining tax. . . Read more »
WASHINGTON - BP Plc (BP.L) chief executive Tony Hayward will tell lawmakers on Thursday that it was too early to understand what caused the worst oil spill in U. . . Read more »
Crude futures fell NEW YORK-Friday with a slumping euro as Standard & Poor's willing to credit rating downgrade France, adding new fears about the European economy. . . Read more »
Goliath Gold, the new gold-based development company, is a possible contender for at least one of Pamodzi Gold's mine, now that the removal of Aurora Empowerment Systems as the mines' management has thrown open the opportunity for new bidders to the struggle. . . Read more »
Copiapo, Chile - 33 miners trapped half a mile underground for 69 days, when a part of the mine collapsed, and for 17 days they had feared, were stored in a 24-hour, 20 million U. . . Read more »
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