When addressing the operating costs of a modern heavy industrial production facility, most industrial processes will involve electric motors and all will need the services of a generator, either directly on site or indirectly through the electricity supplier. Prolonging the service life of these vital pieces of equipment can deliver significant improvements in their life cycle cost as well as operational savings for the production facility.

Improving the energy efficiency ratings of electric motors is a worldwide goal, but exemptions in the regulations mean that for applications in potentially explosive atmospheres there is no obligation to implement the latest technology.

Canadian mine takes top honours but Russia and USA dominate the rankings.

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.

How do investments in bonds, equities, real estate, gold, and commodities compare over time?

A geologist by training, the 62 year old executive has been with the company for 20 years.

Crucially, the assumption in capital markets that gold is no longer money but just an asset or commodity has all but destroyed our understanding of its monetary relationships.

The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.