assets Mining News

China has a great appetite for mining assets

China, a country that already consumes a third of the world’s copper and 40% of its base metals, is on a buying binge in the global mining market, America’s National Mining Association reports.  Read more

South African government concludes state mining audit

The department of mineral resources is preparing a proposition to cabinet, to consolidate the assets into one company

Metso strengthens its mining equipment supply chain with a Canadian acquisition

Metso has signed an agreement with GE Energy to acquire GE’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, province of Quebec, Canada. The transaction is expected to close in mid-August. […]

Big prospects for new Thunder Bay assay lab

Having air side assets is an added bonus for a leading edge geology assay lab now opening its second location in Northern Ontario. Activation Laboratories Ltd. (Act Labs) is spending $1.2 million at Thunder Bay […]

Caterpillar to Expand Remanufacturing Business With Acquisition of Certain Gremada Industries, Inc. Assets

PEORIA, Ill. – Caterpillar Inc. (NYSE: CAT) and Gremada Industries, Inc. announced today that Caterpillar will acquire certain assets of Gremada Industries. The acquisition agreement was signed on June 15, 2008, and the deal is […]

Caterpillar to buy Gremada Industries assets

PEORIA, Ill. (AP) -- Heavy equipment maker Caterpillar Inc. said Monday that it will acquire certain assets of Gremada Industries Inc., which reclaims and remanufactures metal components. Financial terms were not disclosed...more at Yahoo Finance

Alimak Hek Divests the Raise Climber Business

As part of its strategic focus on vertical access within the Construction and Industrial area, Alimak Hek has divested the Raise Climber business and related assets in the subsidiary Alimak AB to the Toronto based […]

Austar Coal Mine Enhance Emergency Preparedness with PED and RFID Tracking

Austar Coal Mine, owned by the Chinese Yancoal group operates a top coal caving longwall coal mine near Cessnock, NSW, Australia. Austar has expanded the initial fleet of ICCL cap lamps by 136 units, bringing the […]

Everclear's commercial-grade electrolyser

Applied Intellectual Capital (AIC) has successfully launched a commercial-grade electrolyser manufacturing program in support of its affiliate, EverClear Solutions. Specifically developed to meet the rigours of continuous operation in metals recovery operations for the industry, […]

Patents pour in for Novariant

Novariant, a leading provider of solutions for precision positioning and intelligent machine control systems, has seen a profusion of patent grants issued in the first quarter of 2008. "The U.S. Patent and Trademark Office has […]

Bucyrus Listed on IndustryWeek’s 50 Best Manufacturing Companies

Bucyrus International, Inc. (NASDAQ: BUCY) is pleased to have been recognized by IndustryWeek (IW) magazine as a “Top 50 Best Public Manufacturing Companies". As reported by IW the Top 50 list for 2008 is comprised […]

Bucyrus Listed on IndustryWeek’s 50 Best Manufacturing Companies

Bucyrus International, Inc. (NASDAQ: BUCY) is pleased to have been recognized by IndustryWeek (IW) magazine as a “Top 50 Best Public Manufacturing Companies". As reported by IW the Top 50 list for 2008 is comprised […]

Rio Tinto Files Suit In Indonesia Contract Dispute

JAKARTA -(Dow Jones)- Rio Tinto Indonesia said Monday it has filed a lawsuit in Central Sulawesi administrative court to combat rival claims over what would be one of only two nickel assets owned by the […]

Husqvarna buys diamond-tool operation

Garden and construction equipment maker Husqvarna has acquired the assets and operation relating to products for the construction industry within Sandvik Nora AB (previously Hagby Asahi AB), a company within Sandvik's Mining and Construction business […]

Sensidyne assets of Sensidyne, Inc

MULHEIM-RUHR, GERMANY / CLEARWATER, FL, April 28, 2008 – Sensidyne, LP a Florida limited partnership and member of the Schauenburg Group has reached an agreement to acquire the assets of Sensidyne, Inc., a leading manufacturer […]

Sensidyne assets of Sensidyne, Inc

MULHEIM-RUHR, GERMANY / CLEARWATER, FL, April 28, 2008 – Sensidyne, LP a Florida limited partnership and member of the Schauenburg Group has reached an agreement to acquire the assets of Sensidyne, Inc., a leading manufacturer […]

Everclear's commercial-grade electrolyser

International Mining reports that in an important advance in clean processing, Applied Intellectual Capital (AIC) has successfully launched a commercial-grade electrolyser manufacturing program in support of its affiliate, EverClear Solutions. Specifically developed to meet the […]

Patents pour in for Novariant

International Mining notes that Novariant, a leading provider of solutions for precision positioning and intelligent machine control systems, has seen a profusion of patent grants issued in the first quarter of 2008. "The U.S. Patent […]