Global rock-bolting leader Minova has completed two more major strategic acquisitions in Europe as it moves further towards its goal of providing a complete single access point for mining and tunnelling consumables. The two companies joining Minova are Poland-based Arnall, a leading manufacturer of steel bolts, cable bolts and accessories, and Berg- und Industrietechnik GmbH […]

Australian miners and explorers have been told to expect a “bank closed” sign for at least the rest of the year unless they have exceptionally robust projects needing financing. Addressing the first day of the 2008 Paydirt Asia Downunder Conference in Perth, European boutique bank, West LB Capital Markets said the global credit crisis had […]

RBC recently hosted a Central African Copperbelt Conference in Toronto, New York and London. Despite turbulent market conditions, the conference was well attended and received. Attendees commented on the quality of the presentations and the overall theme of the conference. The standouts were highlighted as being the “in conversation with” First Quantum and Katanga. The […]

With the addition of draglines to the mix, Siemens Mining Technologies has created a single drive design platform for shovels, trucks and draglines. This significantly lowers costs for operations, training and maintenance. By adding Siemens remote diagnostic and analytic solutions, the company says mining companies can further reduce downtime and optimise productivity to improve operations.

By organising itself into four operational segments, Siemens Mining Technologies is bundling its portfolio. “By concentrating on our solutions and services business, we can integrate process expertise and electrical engineering competence to provide extra value to our customers and improve our market opportunities”, says Dietmar Jürges, who is responsible for worldwide mining business at Siemens […]

Many junior mining companies are not able to identify any benefits in the International Financial Reporting Standards (IFRS) conversion process, a survey published last night by PKF Accountants & business advisers reveals. PKF’s 2008 survey, Global Resources, shows that over half of the 20 AIM and UK listed mining companies interviewed believe they need more sector […]