Metso Corporation has been informed about a change in the holding of the mutual funds managed by UBS AG of the paid up share capital of Metso Corporation.
of nickel has been identified so far. A pre-production capital expenditure of $19 million will cover underground development, equipment and surface infrastructure. Ore will be treated at Liberty's nearby Redstone mill. Total mine operating costs are
Net News for March 30, 2008). Pre-production capital costs are $86.9 million including $13.4 million for open pit equipment, $4.0 million for pre-stripping, $7.8 million for underground equipment, $20.0 million to purchase the mill, $23.0 million for
Oxfam America today announced a new, what it describes as, “initiative to promote the rights of communities impacted by oil, gas, and mining industries.” The NGO goes on to say that “as oil, gas, and other commodity prices reach record levels, investment in extractive projects is growing. More than 60% of the world’s poorest people [...]
The Mine Safety and Health Administration (MSHA) in the USA has selected the Green Valley Preparation Plant and two mines operated by the Aracoma Coal Co to receive Pacesetter Awards for outstanding safety achievements. Green Valley and Aracoma are operating units of Massey Energy Co. The awards to the Green Valley plant and Aracoma’s Alma and Hernshaw mines honour operations [...]
increasing demand for coal. Industry observers believe that India is poised to become a major market for mining equipment, even larger than China, and this opportunity has led several global mining companies to open up shop in the country at least four
the gear moves slower, the damage to the undercarriage adds huge dollars to the maintenance cost of all equipment. Decline gradients vary and the trucks often upshift and downshift when they don't have to, which means the engines, up-boxes, drop-boxes
As IM May is prepared for printing, with an article on developments in mineral processing, comes dramatic news from Bateman. The company has recently acquired the mining-process division of Intertech, with a strong market presence in the CIS. Even more significant, Bateman’s latest acquisition, announced as IM goes to press, is that of the Delkor [...]
A partnership between mineralogy technology company Intellection and the Colorado School of Mines (Mines), the Advanced Mineralogy Research Center (AMRC) will focus on research and education in geometallurgy, petrology, petroleum geology, environmental geology, rock physics, soil analysis and other geosciences. The new AMRC facility on the Mines campus in Golden, Colorado USA was declared open [...]
Sasol, the world’s leading producer of synthetic fuels from coal and natural gas, says it has become the first company worldwide to receive international approval for its 100% synthetic jet fuel produced by its proprietary Coal to Liquids (CTL) process. Sanctioned by global aviation fuel specification authorities Sasol CTL will be the first fully synthetic fuel [...]
Caterpillar announces the introduction of the G3520C 50 Hz Low Energy Fuel Package Generator Set for use with methane fuels found in landfills, digesters and other low-energy biogas environments.
Coeur d’Alene Mines announced today that as part of the ongoing operational improvement program at its Cerro Bayo mine in southern Chile, the mine will be upgrading its electrical infrastructure, which will result in a temporary suspension of mining operations for approximately six weeks. Earlier this year, Coeur implemented a recovery plan at Cerro Bayo to address [...]
Australian-based clean coal energy technology developer, GTL Energy, has been selected by a North American energy consortium to provide its coal beneficiation technology to the proposed $1.4 billion South Heart coal-to-synthetic gas project in North Dakota. Under a Memorandum of Understanding, project partners, Great Northern Power Development (GNPD) and Allied Syngas Corp, said GTLE’s beneficiation technology [...]
Caterpillar offers new repair options to keep Cat® machine control and guidance systems up and running and owning and operating costs down.
IM’s Clean Process feature in the May issue examines advances in mineral processing that reduce both chemical and energy use. New technologies in fine grinding offer substantial energy savings and AMIRA project P1003 seeks to provide the hard data which would enable companies to make decisions on which of these new technologies is most appropriate for them [...]
Since cooperating on the dredger project “BeiYa 1” back in 2005, WesTrac China and IHC Merwede, the global leader in the design, fabrication and supply of equipment for the dredging industries, have collaborated on 23 newbuildings for the Chinese dredging market. These dredgers belong to three different models and utilise six different types of Caterpillar engines, with a total 81 units involved.
BEIJING, People’s Republic of China (PRC) – Caterpillar Inc. (NYSE: CAT) Chairman and CEO Jim Owens visited Caterpillar’s newest prime product manufacturing facility in China, Caterpillar Paving Products (Xuzhou) Limited (CPPX), during his most recent visit to Asia.
National Mining Association (NMA) President and CEO Kraig R. Naasz and the United Mine Workers of America (UMWA) International President Cecil E. Roberts have called on Congress to support a technology solution to climate change. Their joint letter to key Members of Congress underscores the high priority the entire coal community assigns to the development and deployment of [...]
Caterpillar has opened a new assembly line of underground mining loaders in Brazil. In response to the continuing strong demand for mining equipment, Cat now is manufacturing the R1600G LHD in the long established Caterpillar facility in São Paulo State. The new line establishes a second source for Cat® LHDs, which previously have been manufactured solely in Tasmania, Australia.
Goldcorp’s El Sauzal mine in Mexico has become the first gold mining operation in Mexico to be fully certified under the International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold (the Cyanide Code). El Sauzal was 2007’s largest gold producer in Mexico, at over 300,000 oz. Early [...]
PEORIA, Ill. – Caterpillar Inc. (NYSE: CAT) and Lovat Inc. announced today that Caterpillar has acquired Lovat, a leading global manufacturer of tunnel boring machines used in the construction of metro, railway, road, sewer, water main, penstock, mine access, high voltage cable and telecommunications tunnels.
Caterpillar Announces New 992K Wheel Loader Designed For Efficiently Loading 100- and 70-Ton-Capacity Trucks
The new Cat® 992K Wheel Loader builds on the popular and productive 992G with features to enhance productivity, operator efficiency and safety, serviceability and durability. The loader efficiently matches with the Caterpillar® 777 and 775 off-highway trucks. The new loader delivers fast cycles and high bucket fill factors for productive truck loading. The 992K replaces the 992G.
Caterpillar® Pin Grabber Performance Bucket Maximizes Excavator Digging Performance and Maintains Versatility
Caterpillar introduces the Pin Grabber Performance Bucket for maximum digging performance when using a Pin Grabber Coupler on hydraulic excavators. The system delivers powerful bucket curl forces in combination with the versatility and convenience that a hydraulically powered quick coupler offers.
In a move that further positions it as the world’s leading manufacturer of earthmoving equipment, Caterpillar Inc. (NYSE: CAT) is unveiling the first innovative AC electric drive track-type tractor in the industry. The revolutionary electric drive system developed for track-type tractors gives the D7E an unmatched balance of power, efficiency, control and maneuverability. The machine will be showcased at CONEXPO/CON-AGG 2008 March 11-15 in Las Vegas, Nevada.