Birth of a new diamond miner

South Africa’s Department of Minerals and Energy (DME) and global mining group De Beers have agreed that, following full consultation with affected parties, the West Coast operations of government-owned Alexkor and De Beers Consolidated Mines’ (DBCM) Namaqualand Mines will be amalgamated into a new, stand alone diamond mining company. They expect this independent and empowered […]

Outokumpu and Riedhammer agreement

Outokumpu Technology and German technology company Riedhammer, member of the Italian SACMI Group, have signed an agreement on close technology co-operation in the field of carbon plants of the primary aluminum industry.
Outokumpu Technology has over 50 years of experience in supplying green anode plants and equipment for aluminum smelters with a track record of over […]

New R&D branch for Norilsk

MMC Norilsk Nickel has consolidated its in-house research and development (R&D) assets into a separate business that will have the status of an independent R&D branch. A new entity will be formed on the base of the Gipronickel Research and Project Development Institute in St. Petersburg, with two branches in the cities of Norilsk and […]

Are gold producers developing or exploiting?

“Is the gold industry being buoyed up by speculative sentiment rather than by the creation of real value?” Randgold Resources Chief Executive Mark Bristow asked at the Mining Indaba 2007 conference. Bristow said the growth in the industry’s market capital was attributable to mergers and acquisitions at the top end and a flurry of new […]

DBT sells fourth automated plow system to Tiefa Coal Mining Group

DBT has signed a contract to supply a fourth automated plow longwall system to the Tiefa Coal Mining Group located in Liaoning Province, China. This will bring the total to nine automated plow systems sold into China since delivery of the first system, which commenced production in January 2001.
The new package takes a further step […]

Mosaic closer to solving brine inflows

The Mosaic Co, using 3D seismic testing and also through visual confirmation, has located the source of the inflow in old workings of its K2 potash mine at Esterhazy, Saskatchewan, Canada. The company has completed installation of four strategically located wells where calcium chloride can be injected, and further intends to install several additional injection […]

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