ABB acquires ring motor business from Alstom
Acquisition enables ABB to further strengthen gearless mill drive system business.
Latest Stories
Mining projects shelved in Mexico up 40%, $8bn at risk
69 mining projects have been suspended so far this year.
World’s largest potash producers dive as Russian Uralkali breaks up marketing cartel
Main potash producers, such as PotashCorp., Mosaic and Agrium took a major hit after Russian competitor's decision that will likely undercut prices for the fertilizer.
Swiss National Bank losses $20bn due to falling gold prices
Despite the negative figure, it reported a profit of $6.2 billions for the first half of 2013.
Extensive damage but no deaths in Florida’s gas plant blasts
At least eight people were injured by a series of overnight explosions at a gas plant in the US state of Florida.
Fresh wave of violence strikes South African mines: eight dead
Clashes between illegal miners and an unexplained incident near Lonmin's Marikana mine fuel concerns of a new wave of violence across the mining industry.
Gold’s two markets-in-one can anger and confuse
Given recent moves in the price of gold, it might be worth taking a leaf from behavioural economics and view the gold market as not one, but two.
Australian government has squandered spoils of mining boom: Grattan Institute
Country has not saved enough from the largest income boost it has ever seen.
RPM commits to expanding coal capabilities with new Head of Coal appointment
BRISBANE, Australia (July 31, 2013) – RungePincockMinarco (RPM) has announced the appointment of Mike Rowlands to a new leadership position, Head of Coal for Australasia, Russia and CIS.
