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Electra Mining

New technology solves an old problem

The use of on-site chemical generation technology for water purification, such as the MIOX system, offers a number of advantages over the transportation of bulk chemicals, says the Southern African distributor for the MIOX Corporation of the US.
29th August 2014
 
Electra Mining

ThoroughTec’s differentiation leads expansion in new simulation markets

Not only are mines increasingly buying into advanced simulation, but more simulator cabs are being developed across a diverse range of original-equipment manufacturers (OEMs) to meet the demand for this type of training, aimed at improving safety...
29th August 2014
 
RING OF FIRE

Ontario creates Ring of Fire Infrastructure Development Corporation

Minister of Northern Development and Mines Michael Gravelle The Ontario government on Thursday announced that it had established the Ring of Fire (RoF) Infrastructure Development Corporation, first mooted in November last year. The provincial government said the not-for-profit corporation’s headquarters...
28th August 2014
 
CORPORATE ACTIVITY

Sandfire buys major stake in Canadian miner

Copper-gold miner Sandfire Resources has acquired a 36% stake in TSX-listed copper developer Tintina Resources by investing some C$16-million. Sandfire on Thursday told shareholders that it had subscribed for 80-million shares in the Canadian...
28th August 2014
 
DIVERSIFIED MINING

Votorantim Industrial swings back to profit on higher prices

Brazil's Votorantim Industrial swung back to profit in the second quarter compared to a year earlier as higher cement prices lifted its biggest unit. The private São Paulo-based group, whose interests also include mining, steel and cellulose...
25th August 2014
 
CRITICAL METALS

Next generation of graphite producers to partake in transformed market

A wave of new graphite producers that have recently started or will start production in the coming years will participate in a significantly different market than that witnessed over the last several decades, as new technology is set to turn the...
22nd August 2014
 
MERGERS & ACQUISITIONS

SNC-Lavalin completes C$2.1bn Kentz buy out

TSX-listed SNC-Lavalin has completed its C$2.1-billion buy out of global oil and gas services company Kentz Corporation, with the latter’s integration into the engineering and construction firm under way. SNC-Lavalin aimed to transform its oil...
22nd August 2014
 
M&A

Starcore to buy American Consolidated Minerals in all-scrip deal

The TSX-listed stock of precious metals producer Starcore International on Wednesday closed up 22.58% after the company announced that it would buy explorer American Consolidated Minerals in an all-scrip deal. Starcore explores, extracts and...
20th August 2014
 
MINING FINANCE

Golden Rim adds to its funding porfolio

ASX-listed junior Golden Rim Resources has continued its funding trail, announcing on Friday a A$3-million term sheet with Sprott Private Wealth. Under the terms of the agreement, Golden Rim would place a minimum of 230-million shares, and a...
15th August 2014
 
Company Announcement

Will Mining Disappear in the next decade? PDF Available

A piece of recent media coverage suggested that with the global mining industry in decline over the last twenty years, this might signal the complete degeneration of the industry by 2024! WRS, a recruitment specialist for the industry sees some...
8th August 2014
 
MINING SERVICES

Now South Africa’s DRA expands Down Under in second quick-fire deal

Mining project house DRA, which last week struck a deal to acquire the Forge Group North America companies, formerly known as Taggart Global, said on Monday that it had stuck a second deal, this time a partnership agreement with Australian mine...
4th August 2014
 
Company Announcement

DRA Closes Strategic Acquisition of Taggart Global PDF Available

DRA Group is pleased to announce that it has agreed to acquire the Forge Group North America companies formerly known as Taggart Global. The transaction is expected to close shortly. A worldwide leader in engineering, construction, and operations...
31st July 2014
 
 
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