In developing mineral resources, the focus of project owners and key stakeholders is typically centred on the management of identified social and environmental impacts and compliance with regulatory requirements. Unfortunately, opportunities to protect and enhance the environment and communities are frequently overlooked, or not taken full advantage of. The most effective time to identify and […]

FLSmidth has signed a contract worth some $40 million with state owned LILIAMA Vietnam Machinery Installation Corp for the supply of a coal handling facility, including ship unloading and storage facilities with a capacity of 400,000 t, for a coal-fired power plant owned by Vietnam Oil and Gas Group (PetroVietnam). The plant is located in Ha […]

In China, the NDRC has announced a RMB0.028/kWh ($0.04/kWh) power tariff rise for non-residential use. The rise in power costs for the Chinese aluminium smelters that buy power from the grid (accounting for ~45% of Chinese production) highlights the main bullish argument for aluminium prices over the medium term - the outlook for rising costs […]

Mining companies need to pay increasing attention to geotechnical and microseismic monitoring if they are to reap the full benefits of support performance systems that manage ground control to improve the operational safety of a mine, says Simon Bailey, Instrumentation and Monitoring Services Manager at Coffey Mining.  By collecting and analysing data on actual rock mass […]

Platts benchmark iron ore assessment IODEX 62% Fe (iron content) will be used by the IntercontinentalExchange (ICE) to clear a Platts-based iron ore swaps contract, which will be launched on December 2. Platts introduced to the global marketplace the world’s first daily price assessments of seaborne iron ore in June 2008.

On November 30, Randal W. Baker will join the company as President and Chief Operating Officer of Joy Global’s surface mining equipment business, P&H Mining Equipment, and Executive Vice President of Joy Global. Prior to his last position, he had 14 years in a series of progressively senior leadership roles in the mining equipment industry, which included […]