As we enter PDAC week, we find that last year was another very impressive one for Canada’s junior mining industry on the TSX Venture Exchange. According to the second annual PricewaterhouseCoopers (PwC) report on Canada’s junior mining sector Review of trends in the TSX-V mining industry while the market cap for the entire TSX-V increased […]
ABB is to supply complete mine hoist system to LKAB in northern Sweden. This new system will bring iron ore from the new main haulage level M1250 (1,250 m) and boost productivity. All this is part of an expansion to increase overall output and productivity.
Ariana Resources, the gold exploration company focused on Turkey, has signed a Heads of Agreement with European Goldfields for the joint development of Ariana’s properties in north-eastern Turkey, which include the Ardala copper-gold porphyry and 11 other licences covering a total area of 168 km2. Completion of the Joint Venture and a related placing in Ariana is expected by mid-April 2008, conditional upon satisfactory due […]
The expansion of existing operations to keep up with world demand has been commonplace within the mining industry and is once again a feature of International Mining Project News this fortnight. In addition to the projects covered in this publication, International Mining editor John Chadwick takes a first hand look at the ongoing expansion of […]
In its first assembly move out of Tasmania, Caterpillar has opened a new line of underground mining loaders in Brazil. In response to the continuing strong demand for mining equipment, Cat now is manufacturing the R1600G LHD in the long established Caterpillar facility in São Paulo State. The new line establishes a second source for Cat […]
Boart Longyear has acquired Britton Brothers Diamond Drilling, a highly successful provider of uranium and minerals exploration drilling services located in Canada and Mexico. The acquisition enables Boart Longyear to expand both its mineral and energy footprints. Paul Brunner, CEO of Boart Longyear, said the acquisition, which is EPS positive, is an excellent complement to […]