Interesting industry headlines from this week:
Caterpillar CEO: Economy not pushing Fed to hike [CNBC.com]
"If the Federal Reserve were to increase interest rates by a quarter of a percentage point Thursday, the worst-case-scenarios won't materialize, said the leaders of two U.S. companies with a combined stock market value of about $124 billion." Read more
Powerful environmental group sues Mass. over gas pipeline [BostonGlobe.com]
"The environmental group sued the state utility regulator for approving three contracts to buy natural gas on a pipeline planned by Kinder Morgan. The CLF said the pipeline would bring in more gas than the state needs." Read more
UK's mining industry is revived -- by Australians [The Independent]
"Ask people about British mining and many are likely to imagine striking coal miners on picket lines, shouting anti-Thatcher slogans and clashing with police. It is a measure of the industry’s inertia in this country that it this remains the lasting image a good 30 years on – for some, the scars have still not fully healed. But Wolf Minerals, a little-known Australian company which is listed on London’s Alternative Investment Market, is preparing to inject life into the UK’s dormant mining industry." Read more
An Oklahoma of Oil at Risk as Debt Shackles U.S. Shale Drillers [Bloomberg Business]
"As much as 400,000 barrels a day of oil production is at risk as U.S. shale companies like Samson Resources Co. run out of money and are forced to slow drilling." Read more
India's Gold Mining Sector Could Experience a Massive Renewal Soon [OilPrice.com]
"The effort will reportedly include rehabilitating existing mining infrastructure -- which consists largely of underground facilities, some extending two to three kilometres below surface." Read more
