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IRON WILLED

Iron-ore prices may stay at lows of $70/t to 80/t for as long as three years, former BHP Billiton executive Alberto Calderon warns, and fund adviser Liberum cautions that fourth-quarter supply restock is unlikely to lift prices as in prior years....
19th September 2014
 
Coal

Local colliery to receive new simulator range

EFFECTIVE TRAINING
ThoroughTec’s high-fidelity simulators are designed to be as realistic as possible, from cab appearance to the authentic replication of operator interfaces 
Global advanced training simulator provider ThoroughTec is delivering its new Cybermine Soft Rock mining simulator range to mining major BHP Billiton’s Khutala colliery – one of South Africa’s biggest collieries – in Mpumalanga. The...
19th September 2014
 
Coal

Moz coal industry ‘reeling’ from price decrease

While the South African coal mining industry remains steady, primarily owing to strong domestic demand from State-owned power utility Eskom, the Mozambique coal industry is “reeling” from decreased global coal prices, says multinational Indian...
19th September 2014
 
EDITORIAL INSIGHT

Nkwe’s mechanised project, Tawana’s iron-ore pilot plant, mining unemployment in Oz

Platinum company sets out mechanised plan on eastern limb; Tawan plans iron-ore pilot plant in West Africa; and the Australian Institute for Mining and Metallurgy reports on the Australian mining sector's unemployment dilemma.
19th September 2014
 
GOLD

Gold industry at a crossroads, return to fundamentals essential for capital – Holland

The gold industry needed to make money once more, and return to fundamentals if it was to succeed in competing with the gold exchange traded funds (ETFs) for coveted capital, the world’s seventh-largest gold producer by output said on Thursday....
18th September 2014
 
gold

China set to win Asia gold pricing race with new exchange

China will launch a gold exchange open to foreign players for the first time on Thursday, putting the world's top bullion buyer on track to win a race to set the benchmark price in Asia. The Shanghai Gold Exchange (SGE) will launch its...
18th September 2014
 
Electra Mining

Dust-A-Side PDF Available Video Available

Dust-A-Side is an international company which has more than 30 years’ experience in Total Dust Control Management. The company’s global presence is in South Africa, Zambia, Namibia, Botswana, Ghana, Mozambique, Australia and Chile.
18th September 2014
 
IRON-ORE

Mining giants may hoard cash as iron ore prices sag

Sagging iron ore prices raise the prospect the world's biggest miners will shelve plans to return excess cash to shareholders in February, despite promises to investors who had hoped to reap the benefits of two years of austerity. Stung by slower...
17th September 2014
 
COAL

China low-quality coal ban won’t place Oz exporters at disadvantage

The Minerals Council of Australia (MCA) on Wednesday urged the resources sector not to overreact to China’s recently announced low-quality coal ban. China’s National Development Reform Commission has instituted a ban on burning coal with an...
17th September 2014
 
M&A

Global mining M&A rebounds, but Canada takes the cake

Canadian Malartic gold mine, Quebec The three months ended June 30 saw global mergers and acquisitions (M&A) activity rebound from disappointing lows in the first quarter, but Canada was host to the most significant gold deals by a large margin, professional services firm KPMG said....
17th September 2014
 
GOLD EXPLORATION

Current activity a portent to future gold dearth

At the current rate of new gold deposit discoveries around the globe, new finds would only be able to replace about 600-million ounces, or half of the industry’s total output in the last 14 years. This was the stark message professional services...
16th September 2014
 
MINE DESIGN

Students need to become ‘imagineers’, academic urges

Dr Ronny Webber-Youngman University of Pretoria (UP) Department of Mining Engineering (DME) head Dr Ronny Webber-Youngman believes mining engineering students need to become “imagineers” and work on developing safer and more efficient mines of the future using virtual...
16th September 2014
 
 
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