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Mining Services

Company experiences success with rotary kiln division

Manufacturer and supplier to the mining, smelter and minerals processing industries, the Dickinson Group, established a dedicated rotary kiln division last year, focusing on all the furnace industries that use rotary kilns. CEO Trevor Dickinson...
24th May 2013
 
Motor Control Centre, Electric Motors & Drives

Distribution agreement signed to support expansion

Power Transmission company Bibby Turboflex South Africa (SA) is expanding and, in May, signed an agreement with local tools and fastener supplier Bolt & Engineering Distributors Group for the distribution of Bibby Turboflex’s full product offering.
24th May 2013
 
MINERAL SANDS

Iluka sees some price stability

The shareholders of embattled mineral sands miner Iluka have been given hope by MD David Robb’s statement that prices for the company’s zircon products seems to have stabilised. Speaking at the company’s annual general meeting this week, he...
23rd May 2013
 
ONTARIO EXPORTS

Metals and mining seen as Ontario’s ‘star performer’ this year

Metals and mining are expected to be Ontario’s “star performer” on the export stage this year, with the sector that makes up 34% of the province’s exports expected to grow by 15% in 2013. Export Development Canada's (EDC’s) ‘Global...
22nd May 2013
 
CEASE TRADE ORDER

Rusoro shares suspended as nationalisation hampers audit

Canadian securities authorities suspended trade in TSX-V-listed Rusoro’s stock late on Tuesday, as a result of the company’s failure to file its 2012 full-year financial results, as required by Canadian continuous disclosure rules. Rusoro on...
22nd May 2013
 
POTASH

Maiden resource declared at Hatch Point

ASX-listed junior Potash Minerals has declared a maiden Joint Ore Reserves Committee- (Jorc-) compliant resource of 902-million tons, grading 20% potassium chloride (KCI) at its Hatch Point project, in the US. The mineral resource estimate was...
20th May 2013
 
FINANCING

Allied Nevada Gold closes $150m financing

US miner Allied Nevada Gold on Friday said it had closed a bought deal equity financing with a syndicate of underwriters for $150.5-million.Allied Nevada issued 14-million shares at a price of $10.75 apiece. The syndicate of underwriters was led...
17th May 2013
 
LABOUR

AMCU threatens to bring South Africa to 'standstill'

The leader of South Africa's biggest platinum mining union on Friday threatened to bring Africa's top economy "to a standstill" and demanded a meeting with President Jacob Zuma, ramping up the rhetoric in an 18-month labour crisis. The rand, which...
17th May 2013
 
MINE SAFETY

Freeport Indonesia mine should stay shut to probe tunnel collapse - union

Freeport McMoRan Copper & Gold Inc's Indonesian copper mine should remain closed for an investigation into a tunnel collapse that has left five dead and 23 missing, a trade union leader said on Friday. Thirty-nine workers were attending an...
17th May 2013
 
RARE EARTHS

Alternative rare earths remain elusive three years after curbs

Following the global economic downturn of 2008/9 and a series of events and press reports in 2010 that coined what some referred to as the “rare-earths crisis”, there has been a glut of new rare earths projects starting out, yet few have...
17th May 2013
 
GOLD

Gold falls further in longest losing streak in four years

Gold fell on Friday for a seventh straight session, in its longest losing streak since March 2009, as the dollar strengthened and investors cut exposure to the precious metal, fearing further drops and choosing equities instead. Gold has lost...
17th May 2013
 
BC EXPORTS

BC expected to top export growth charts in 2 yrs, coal hit hard

Back-to-back double-digit increases will vault British Columbia's (BC’s) international exports to the top of the growth charts over the next two years, despite the expectation that coal exports will decline by 12% in 2013, Export Development...
17th May 2013
 
 
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