Archives: General

For the first time in years, Deloitte Global believes, “there is a mood of cautious optimism in the mining industry, with commodity prices on the rise, shallow growth returning to different end markets, and most mining companies in better cost positions than in the recent past. However, the industry is still at a pivotal point[…]

Newmont Mining Corporation has been recognised for leading sustainability performance – and as the most improved company in the mining sector – in the 2017 Sustainability Yearbook. The Yearbook is published by RobecoSAM, a sustainability investment firm that manages one of the most comprehensive databases of financially material sustainability information in the world. This database[…]

The philosophy of strong local support as the foundation for building customer trust is paving Multotec’s steady expansion into Africa, says the company. The industry-leading mineral processing solutions provider has grown its Africa footprint over almost two decades, and counts its success down “to developing local capacity – including skills and infrastructure – as close to[…]

Rio Tinto this week reached a binding agreement for the sale of its wholly-owned Australian subsidiary Coal & Allied Industries Ltd to Yancoal Australia Ltd for up to A$2.45 billion comprising an initial A$1.95 billion cash payment, payable at completion; and A$500 million in aggregate deferred cash payments, payable as annual instalments of A$100 million[…]

Natural Resources companies are welcoming new technology which will increase productivity and reduce ongoing costs by saving time. A new disruptive software solution by iHandover promises to save 220 hours per FIFO swing employee per year by addressing the often overlooked, yet critical handover between incoming and outgoing employees. In many companies FIFO handovers are[…]

Higher prices for steel-making raw materials and thermal coal, and increased LNG export volumes, are expected to see Australia’s resource and energy export earnings increase by 30% in 2016–17, to a record A$204 billion. Earnings should then steady at these levels in 2017-18. The Resources and Energy Quarterly–December Quarter 2016, just released by Australia’s Department[…]

Benedikt Sobotka, the CEO of Eurasian Resources Group, believes industrial commodities will continue to perform well in 2017. “2016 has been a rollercoaster year for the mining sector. We had a miserable January and generally volatile first quarter, then we saw range-bound markets for the following two quarters and we ended the year with a[…]

According to a statement released by the National Mining Association, based on MSHA figures, 2016 marks the safest year ever for American miners. Together, coal mines and metal/non-metal mines last year recorded the lowest fatality and injury rates in the history of US mining – a sign of continuous improvement for an industry that saw[…]

Greg Evans, Executive Director – Coal at the Minerals Council of Australia said in a recent statement: “The coal industry strongly endorses the view of the Minister for Resources and Northern Australia regarding the critical contribution Australian coal can make to both Asian economic development and within Australia.” “Coal exports are performing strongly with forecast[…]

New ways to raise productivity and provide safer operations in open pits, including fleet management and slope stability. Large open pit mines comes with unique challenges with regard to slope stability monitoring, slope strengthening, mine planning and even dealing with obstructions, reports Paul Moore.