Shuffling the decks at Sherritt, Dynatec and FNX

Sherritt International is to acquire all of the issued and outstanding common shares of Dynatec for a total value of C$1.6 billion. Under the proposed transaction, Dynatec shareholders will receive 0.190 of a Sherritt common share and approximately 0.0635 of an FNX Mining common share, which are currently owned by Dynatec, for each Dynatec common […]

Prestigious award for automated mineralogy pioneer

Australian scientist Paul Gottlieb adds the 2007 ATSE Clunies Ross Award to the list of honours won in recognition of his work developing and commercializing revolutionary mineral technology. The award recognizes top science and technology achievements and the citation read: “With unflagging dedication, Paul managed his design team, installed and promoted QEM*SEM (the precursor to QEMSCAN) around […]

New mills from Outotec

Outokumpu Technology (changing its name to Outotec on April 24) has been awarded several new grinding technology contracts worth €45 million by customers in Canada, Australia and Kazakhstan. Mirabela Nickel of Australia has awarded the contract for the SAG and ball mills for its Santa Rita nickel sulphide project in Bahia State, Brazil. The total […]

Merger terms agreed for Scarborough and Mineral Securities

The terms for the proposed merger between Scarborough Minerals and Mineral Securities have been agreed. The merger offer will be implemented by way of a scheme of arrangement under section 425 of the Companies Act of England and Wales.
The share for share offer by Mineral Securities is on the basis of four Mineral Securities scheme […]

MINExpo 2008 chairman, programme chairs named; education sesssion proposals requested

The chairman and programme chairs for MINExpo International 2008, the mining industry’s premier technology and services showcase, were named at NMA’s recent spring board of directors meeting, as the industry begins final preparations for what is set to be a record-breaking exhibition.
Tim Sullivan, President & CEO of Bucyrus International, will serve as chairman of MINExpo […]

Rio Tinto first quarter 2007 operations review

Rio Tinto’s production results were mixed, but led by a massive increase in iron ore output. Energy minerals showed mixed fortunes, while refined copper was up very significantly. Alumina production efficiency was greatly improved. Diavik diamond mine showed a massive gain.

Rio’s share of iron ore production increased by 12% compared with the first quarter of […]

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