Modular Mining Systems, Inc. (Modular), the world leader in information management solutions for mining operations, announces that SouthGobi Resources, Ltd. has chosen to implement the Modular® IntelliMine® Integrated Asset Management Suite at its Ovoot Tolgoi operation in southern Mongolia.
AMEC announced today that it has agreed to buy MACTEC, a leading US engineering and environmental services company, from its private equity and other individual shareholders for a cash consideration of US$280 million. Completion is subject to regulatory approval and is expected by the end of June 2011. Read more
The movement of ore, either through surface or underground operations, generates a tremendous amount of dust. The tiny dust particles must be run through filters to avoid damaging, or impeding the performance, of moving parts located in key pieces of mining equipment, including trucks, loaders, shovels, and crushing and grinding machinery.
Canadian company Diversi-Tech saw the opportunity in the problem, and the result was the “Green Machine.” The machine releases compressed air through a rotating air jet that moves up and down in a spiral motion inside an enclosed chamber. As the filter is cleaned, pollutants are captured and stored in a 55-gallon drum.
Joy Global Inc. (NASDAQ:JOYG), a worldwide leader in high-productivity mining solutions, today announced that it has entered into a definitive agreement to acquire a 100 percent ownership interest in LeTourneau Technologies Inc. ("LeTourneau") from Rowan Companies, Inc. ("Rowan") (NYSE: RDC) for $1.1 billion in cash.
Ausenco has been awarded a Create phase contract to manage the C$237 million expansion of the Gilbraltar copper-molybdenum project in Canada for Taseko Mine. Ausenco’s Minerals & Metals business will manage on an EPCM basis the Gibraltar Development Plan 3 (GDP3) expansion, which will include the construction of a 30,000 t/d concentrator to complement the existing, currently operating, 55,000 t/d facility.
Wabtec Corporation (NYSE: WAB) has signed a $21 million contract with Rio Tinto, a leading international mining company, to provide electronically controlled pneumatic (ECP) braking equipment for a portion of the company's freight cars and locomotives in Australia. The equipment …
Mining contractor Barminco continues to drive growth in its domestic market with the award of a three year, A$60 million underground mining services contract for Western Areas’ Spotted Quoll nickel mine located 5 km from the Flying Fox underground complex and 80 km east of Hyden in Western Australia. Read more
Finning International has announced that its Canadian division has been selected as the mining equipment supplier by Thompson Creek Metals Co for their Mt Milligan copper-gold project. Read more
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On November 25, Rio Tinto announced the establishment of the Rio Tinto Centre for Underground Mine Construction (RTC-UMC) at the Centre for Excellence in Mining Innovation (CEMI) located in Sudbury, Ontario, Canada. Rio Tinto will be investing $10 million dollars over five years to undertake research at the centre.
Mining major Anglo American (Anglo) would sell its Moly-Cop and AltaSteel to Australian company OneSteel for $932-million. The two businesses, which are part of Anglo's Scaw Metals, make steel balls and rods that are used to grind up copper and …
ABB, the leading power and automation technology group, has commissioned automation and power equipment that increases production at Boliden’s Aitik copper concentrator plant, located near the town of Gällivare in northern Sweden. Read more
More favourable rules for mining investment and better security are leading to a mining and oil boom in Colombia, reports the Associated Press. Colombia received $7.2 billion in direct foreign investment with 80 percent of the funds going to petroleum …
Metso will supply mining and minerals processing equipment and services for the new gold ore processing plant of Nordic Mines Oy in Finland. The equipment delivery will be completed during the first half of 2011, and the start of commissioning …
Rio Tinto is to invest a further US$790 million in its drive to expand the annual capacity of iron ore operations in the Pilbara to 330 million tonnes. Read more
Diversified resources developer Atlantic was looking to raise A$55-million through a share placement to fund its part of the recommissioning of the Windimurra vanadium project, in Western Australia. Read more
Metso will supply mining equipment to TISCO’s iron ore processing plant in Lan county Shanxi Province China. The delivery will be completed during the third quarter of 2011. The value of the order is approximately EUR 30 million. The order …
Terrane Metals Corp. is pleased to announce the signing of a letter of intent with AMEC Americas Limited ("AMEC") and Fluor Canada Ltd. ("Fluor") to provide engineering, procurement and construction management ("EPCM") services for its 100%-owned Mt. Milligan copper-gold project …
The Weir Group has agreed to acquire the Linatex group of companies, a global provider of wear-resistant products to the mining industry. The acquisition is expected to be accretive from 2011 for Weir and its returns are expected to exceed Weir’s …
MONCTON, New Brunswick (June 8, 2010) – Major Drilling Group International Inc. (TSX: MDI) reported results for its fourth quarter of fiscal year 2010, ended April 30, 2010. Financial Highlights: – Major Drilling posted quarterly revenue of $97.4 million, up 47 …
Gindalbie Metals Limited (ASX: GBG – “Gindalbie”) is pleased to announce the Karara Iron Ore Project will reach a key milestone in coming months with the value of service contracts and orders expected to reach a total of $1 billion. …
Canadian-based Knelson, a leading mineral separation technology provider and Deswik International have announced plans to enter a joint venture technology development, manufacturing and distribution agreement for fine grinding mill solutions. Read more
International manufacturer and supplier of mining equipment Manhattan Corporation reports that it has materials handling projects across Africa in excess of R100-million in the pipeline. Read more at http://www.miningweekly.com/article/r100m-in-projects-lined-up-across-africa-2010-05-28
During a long, well-planned process, Anshan's iron ore mine in Qidashan, China, has built and completely restructured its mining process. After two remodeling phases, completed together with Metso, the mine today produces over 10 million tonnes of iron ore per …
Situated close to the Ural mountains, which divide Russia into the European and Asian sides, the Gaiskiy GOK copper-zinc mine celebrates the 50th anniversary of its mining operations. The jubilee year also includes the start of the installation work on …
An Enerpac (A Division of Actuant Corp) Strand Lift system capable of safely positioning huge loads to accuracies within fractions of a millimeter is being employed by VDM Group in constructing Australia’s largest-ever magnetite mining and processing operation. Read more at …
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.