Anglo American struggling to meet targets, mulls coal assets sale
Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.
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Vale sells stake in Mozambique coal project to Mitsui for $763m
Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.
Friedland follows Kaiser into scandium with Clean TeQ Holdings (CLQ:ASX)
Clean Teq is a technology business focused on continuous ion exchange for air and water purification, as well as minerals processing.
SGS Announces Installation of Corescan Laboratory In Tucson, Arizona
The hyperspectral scanning offers clients high-volume and objective mineralogical and geotechnical data from drill core or chips that increases confidence in resource estimation, domain creation and mine optimisation modelling.
Metso’s new Barmac VSI Orange Series Rotor adds operational uptime and secures quick parts change
Metso has developed the new Orange Series Rotor for vertical shaft impact (VSI) crushers. With the new rotors, productive uptime can be increased substantially through longer parts lifetime and faster service.
Auto Supplier Reduces Maintenance Costs With KB-Series Submersible Pumps
Automotive manufacturer needed a durable dewatering sump pump that could process an abrasive slurry.
Gold price spikes
Gold vaults $1,200 an ounce amid oil and equity slide, but physical gold ETF investors continue liquidate their holdings.
‘Gold-fanatic’ Chinese officer made some $5bn from bribes: report
Anti-graft advocates believe corruption in the Chinese military is so pervasive that it could undermine the nation’s ability to wage war.
From Babylon to beyond – human rights development in mining
Whether it’s the development of a new mine in Central Africa or fracking in the English Home Counties, the scope for complex and sensitive human rights issues to arise is very real.
