A product that improves mine safety recently won its creator, Professor Yves Potvin of The University of Western Australia, the 2008 Inventor of the Year Award in the Ready for Market Category. Director of UWA’s Australian Centre for Geomechanics (ACG), Potvin’s invention, High Energy Absorption (HEA) mesh, absorbs seismic event energy in underground mining and improves […]

The latest issue of Gold Investment Digest published by the World Gold Council, claims that gold provided a safe haven for companies in 2008 giving a long term store of value for investors in record volume and outperforming many other assets in relative price and volatility terms.

Kinti Mining has signed a joint venture agreement with Samarium Group Holding. The new venture, called Kinti Energy, will have an overriding focus on uncovering and assembling undervalued uranium resource properties in Zambia, a region that it says “has turned into a hotbed of uranium exploration because of the resurgent global interest in nuclear power.”

RBC’s investment conclusion is: Exercise caution in an extended economic recession. In an environment where both the G-7 and emerging market economies are expected to contract in 2009, RBC Capital Markets remains cautious on base metals and bulk commodity stocks. However, it believes the precious metals, uranium and fertiliser sectors appear to offer investors more […]

Gemcom Software International has acquired the business of Australian-based TeamTech. Included in the acquisition of the TeamTech business are its mine site productivity software applications, intellectual property, trademarks, and a strong client base. Additionally, TeamTech staff have joined Gemcom in product management, services and software development roles. All this adds new capabilities to Gemcom InSitetm

We all know that exploration has been hard hit around the world. Therefore, current work needs to make the best out of the best technologies, but also the best out of the skills available. International Mining’s February issue looks in detail at the latest technologies and a new exclusive guide from Infomine provides an inside look […]