End-of-year data reported by the US Energy Information Administration, shows 2006 set a new record for US coal production, marking the second consecutive year of record-breaking demand for US coal used by power and steel companies. According to the National Mining Association (NMA), the 1,052 Mt of coal mined in the US in 2006 […]

Kirkland Lake (KL) Gold has been honoured with the Prospector of the Year Award 2006. It was received by the company’s exploration leaders, Mike Sutton and Stewart Carmichael. This award recognizes the most significant new discovery made in the province of Ontario. The award was made for the discovery of a new system of high […]

Leading global supplier of underground mine consumables, Minova International, has some interesting developments in Russia and neighbouring Kazakhstan designed to strengthen further its presence in these two important regions.

New Russian powder plant at Leninsk Kusnesk
Following a very good reception of high performance cementitious powders in Russian coal mines, it became necessary for Minova to increase […]

Outokumpu Technology has agreed with JSC Krasnoyarsk Non-Ferrous Metals Plant (KNFMP) for the delivery of a silver refinery installation to the world’s biggest platinum group metals (PGM) refinery in Krasnoyarsk, Siberia, Russia. Under this technology transfer contract, Outokumpu Technology will supply engineering and critical silver refinery equipment. The new installation is scheduled to be in […]

While mining companies’ financial reporting has improved in the last three years, the capital markets want more global consistency in how the reports are presented. A KPMG international report, Global Mining Reporting Survey, found the 2005 adoption of International Financial Reporting Standards (IFRS) helped to reduce the variety of national Generally Accepted Accounting Principles (GAAP) […]

The Minerals Council of Australia (MCA) stated that it deplores attempts by parts of the union movement and the New South Wales (NSW) Government to falsely portray Australia’s Prime Minister, the Hon John Howard MP’s commitment to regulatory reform in the minerals industry as undermining mine safety standards. “This is simply an ideologically driven attempt […]