Posts by International Mining:

Increased Chinese demand driving growth of boron industry

“Following the years of strong growth, 2009 saw a sharp drop in demand for borates, but, in the second half of the year, markets for both textile-grade fibreglass and borosilicate glass recovered, and demand for borosilicate glass in LCD screens is expected to grow by 15% in 2010. The main factors affecting future demand for [...]

Mineral resources and mine development under discussion at AIMS forum

This year’s Aachen International Mining Symposia (AIMS), to be held on May 26-27 in Germany, will provide a forum for presentation, discussion and evaluation of state-of-the-art and emerging technologies in the field of mineral resources and mine development. About 50 presentations by experts from Europe, Australia, Canada, India, Japan, Papua New Guinea and the [...]

Joy sees the mining equipment market recovery unfolding

Joy Global has reported first quarter fiscal year 2010 results. “We delivered solid results that are in line with our expectations and are consistent with our outlook for our markets,” said Mike Sutherlin, President and CEO. “Orders were up from last year, and translated to a positive book to bill. We continue to see strength in [...]

Bucyrus presents “the world’s most advanced electric rope shovel”

Bucyrus has introduced its next generation rope shovel - the Bucyrus 495HR2 (pronounced 495HR Super 2). This combines the company’s rope shovel technology and engineering innovation, producing what Bucyrus believes to be the world’s most advanced electric rope shovel. It includes innovations such as the HydraCrowdTM, LatchFreeTM dipper system, AC-IGBT electrics and enhanced propel power, [...]

CONSOL Energy’s West Virginia operations gain Mountaineer Guardian safety awards

Four CONSOL Energy operations in West Virginia have been recognised for their safety efforts, being named recipients of prestigious Mountaineer Guardian awards. The company’s Loveridge underground mine in Fairview, its Fola operations and Peach Orchard preparation plant in Clay County, and Southern WV Resources #1 mine in Naugatuck all received awards. The awards are given [...]

Ontario mining sector gains economic boost from provincial budget

The provincial budget delivered by Canadian Finance Minister Dwight Duncan last week in the Legislature has “made the future of mining in Ontario significantly brighter”, according to the Ontario Mining Association. It not only boosts the prospects of existing mineral producing operations but reduces economic resistance to new developments. The C$450 million Northern Industrial Electricity [...]

World’s largest HPGR drive system for Boddington gold mine

ABB has successfully commissioned the world’s largest high pressure grinding roll (HPGR) drive system for the Boddington gold mine expansion project in Western Australia. The delivery comprised 2 x 2,800 kW HPGR units of two converter transformers, two medium voltage frequency converters and two squirrel cage induction motors. By optimising the grinding process, ABB’s ACS1000 [...]

Crushing, loading and down-the-hole technologies at Bauma

Nominated for an innovation award in the machinery component category, Bauer Maschinen’s down-the-hole (DTH) flushing head for dry drilling rods will be on show at Bauma. TABE will show off its new hydraulic breaker and crushing bucket, whilst SBM Mineral Processing will exhibit its redesigned universal crushing series. Dana’s drivetrain solution for front-end loaders, Hazemag’s [...]

The year of the survivor and the opportunist in mining

According to PricewaterhouseCoopers (PwC), 2009 mining M&A saw significant decreases in values and also changes in the characteristics of buyers and sellers. Sellers were acting largely through necessity to strengthen balance sheets for survival rather than seeking expansion and development capital according to Mining Deals, PwC’s annual publication on deal activity in the mining sector.