Delivering major projects using an M&A strategy

Merger and acquisition (M&A) transactions have reached a record high in recent years, currently worth $3.8 trillion worldwide. In the mining and metals sector in particular, M&A has been the strategy of choice for companies looking to expand to take advantage of increased demand from China and India. There are a number of pitfalls which [...]

ABB acquires New Zealand business to expand power electronics portfolio

2008-05-05 - Vectek’s innovative technology helps improve power quality for industry

Rio working on massive coal expansion

Macquarie Research says that Rio Tinto is looking to almost double its coal production in Queensland in the next eight years, taking advantage of planned improvements in rail and port infrastructure, according to Hubie van Dalsen, Managing Director of Rio’s coal unit. “Our aim is to lift our Queensland production from 21 Mt of thermal [...]

Metso engages in collaboration with MIT

Metso has launched collaboration with the Massachusetts Institute of Technology (MIT), one of the top universities in the United States, and has joined its time-honored Industrial Liaison Program (ILP).

Engineers see future in new clean coal technology

Australian coal plant engineering company Sedgman has made a strategic investment in clean coal technology company Exergen, which has developed a novel process for removing moisture and contaminants from brown coal. Sedgman’s Managing Director Peter Hay said the technology had been successfully trialled at a pilot facility at Beaconsfield in northeast Tasmania. “This technology has some [...]

Supporting mining and other seabed activities

IM’s May issue includes a major feature on seabed mining. Environmental, commercial mining and scientific interests in deep-sea areas may seem to be at odds, but the International Seabed Authority’s Endowment Fund shows the alliance as a successful model for sustainable use of ocean resources. “Technological advancements and the rising price of minerals have created [...]

Supporting mining and other seabed activities

IM’s May issue includes a major feature on seabed mining. Environmental, commercial mining and scientific interests in deep-sea areas may seem to be at odds, but the International Seabed Authority’s Endowment Fund shows the alliance as a successful model for sustainable use of ocean resources. “Technological advancements and the rising price of minerals have created [...]

Metso to supply a complete copper ore processing system to Zinkgruvan Mining AB in Sweden

Metso Minerals will supply a complete processing system for copper ore beneficiation to Zinkgruvan Mining AB for its mine in Southern Sweden. The delivery will be completed during the last quarter of 2009. The value of the order is approximately EUR 16 million.

Camborne School of Mines sees growth

In the UK, the University of Exeter has appointed Professor Frances Wall as Head of Camborne School of Mines (CSM). The first woman to lead CSM in its 120 year history, Professor Wall replaces Professor Robert Pine, who is retiring after six years as Head. She will lead a growing department at a significant point [...]

PGM supply shock from South Africa in 2007; electric shock in 2008

GFMS has launched its Platinum & Palladium Survey 2008. This is the fifth major report on these markets by GFMS, the independent precious metals consultancy, well known for its annual Gold Survey and World Silver Survey. The dominant factor for platinum in 2007 was a sharp decline in global mine production. Output from South Africa (75% [...]

Canada: Northwest power line preliminary findings released

The Northwest Power Line Coalition has released preliminary findings today of a study on the potential benefits of a power line along Highway 37 in northwest British Columbia. According to preliminary findings provided by Macquarie North America, providing electric power along Highway 37 has the potential to achieve $3.5 billion in capital investments to bring [...]

UBS AG’s holdings in Metso increased to 5.13 percent

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.

NICKEL STUDY – McWatters feasibility outlines short mine life

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

GOLD STUDY – Bankable feasibility complete for Black Fox

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 back in the fray against mining

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 [...]

MSHA honours Massey operations for safety achievements

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 [...]

Eyes on Indian Underground

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

Consultant's Comment: by Dmitry Przhedetsky Savings To Be Had In Underground Roads

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

Bateman makes major acquisitions in mineral processing

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 [...]

High-tech mineralogy research centre opens in Colorado

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 coal takes to the air

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 Introduces G3520C 50 Hz Low Energy Fuel Package Generator Set

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 progresses operational improvements at Cerro Bayo

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 technology to underpin $1.4 billion coal-gas project in US

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 Announces Options for Repairing Machine Control and Guidance Systems

Caterpillar offers new repair options to keep Cat® machine control and guidance systems up and running and owning and operating costs down.