According to a report by Chile-based Business News Americas, Chilean development agency Corfo has opened a national centre for piloting mining technologies, dubbed CNP. The report by the news agency’s Tania Herrera says the centre aims to provide the mining industry, specifically service providers, with high specialisation in validation of technologies, access to industrial-scale testing[…]
Metso’s Tampere, Finland, facility is due to deliver some 1,000 crushing and screening units this year as the company makes full use of the €1 million ($1.15 million) Speedline assembly line it started up in January. The investment, targeting both efficiency and safety improvements, has enabled Metso Tampere to produce more of its famous Lokotrack®[…]
Sandvik’s Mining and Rock Technology business reported a solid set of financial results for the September quarter, supported by high demand from both the aftermarket and equipment businesses. Order intake improved 8% year-on-year to SEK10.47 billion ($1.17 billion) as a result of strong development in most product areas, the company noted. Revenues increased 14% to[…]
The Saudi Arabian Mining Company (Ma’aden) has awarded South Korea’s Daelim with a $892 million engineering, procurement and construction (EPC) contract to build the first plant in the company’s third large-scale phosphate complex (Phosphate 3). The complex will increase Ma’aden’s phosphate production capacity to 9 Mt, securing the Kingdom’s global position as a top phosphate[…]
Australia-based Qteq and Wireline Services Group (WSG) have agreed to join forces as they look to build a bigger domestic and overseas base in the georesources sector. The merger, one of five corporate M&A transactions by Qteq in 2018, alone, signals an influx of innovative borehole measurement sensors and systems backed by two of the[…]
The Australasian Institute of Mining and Metallurgy (AusIMM) has signed a memorandum of understanding (MOU) with the Global Mining Association of China (GMAC). The MoU, signed at the China Mining Conference and Exhibition 2018, is a landmark development for Chinese resources professionals, AusIMM said, providing them with access to Australian professional development and mining credentials.[…]
WorleyParsons Ltd has paid $3.3 billion to acquire Jacobs Engineering Group’s energy, chemicals and resources (ECR) business as it looks to create a “pre-eminent global player across hydrocarbons, chemicals and minerals and metals”. The transaction is expected to deliver approximately 50% earnings per share accretion on a financial year 2018 pro-forma basis after factoring in[…]
Downer is pleased to announce it has been awarded a contract by BELECTRIC Solar and Battery GmbH (BELECTRIC) to build innogy SE’s 349MW Limondale Solar Farm located in southern New South Wales. Once built, it is expected to be the largest solar farm in Australia. Executive Director of Downer’s Utilities business, Trevor Cohen, said: “We are[…]
Weir Minerals Africa has expanded its Cavex® hydrocyclone footprint across Africa with its most two recent orders going into the Central African Copperbelt; one in Zambia and one in the Democratic Republic of Congo (DRC). Sheldon Gabriel, Product Manager – cyclones at Weir Minerals Africa, says the hydrocyclone solutions supplied in these two countries were[…]
Glencore Technology have introduced the world’s first 25% performance guarantee, eclipsing the seldom-mentioned 5% performance guarantees offered by some of the world’s major-asset mining technology providers. “Performance guarantees are used quietly to underwrite performance on major assets in a flowsheet like comminution, flotation and leaching. Most are not openly touted as policy and are quietly[…]