Daily podcast – October 27, 2009

Rescue teams free two workers who had remained trapped underground at Harmony Gold's Target mine; and Caterpillar begins notifying about 2 500 laid-off US employees that they won't return to the company.

Caterpillar chief Owens reaffirms full-year profit guidance

NYSE-listed equipment giant still expects to report a full-year profit of between $0,40 and $1,50 a share for 2009, and has set its sights on earnings in the $8 to $10 a share range by 2012, if the global economy experiences a “normal”...

Caterpillar posts loss, dampens outlook

NYSE-listed equipment giant Caterpillar on Tuesday reported a loss of $0,19 a share for the first quarter of 2009, compared with $1,45 in the same period last year. Revenue fell 22% year-on-year, to $9,22-billion, because of the severe effects of...

Caterpillar, BHP Billiton team up on driverless truck development

Equipment giant Caterpillar and the world's biggest mining group, BHP Billiton, will launch a joint programme to develop an autonomous mining haulage system. The development will focus on enhancing existing mining trucks with Caterpillar's...