The first day in Adelaide today of the Paydirt 2009 South Australian Resources & Energy Investment Conference heard that the risk factors in the resources sector are now showing upside although it will be some years before explorers and miners enjoy the equities market conditions of recent years, according to Adelaide-based stockbroker, Taylor Collisson. Delegates [...]

JKTech, a technology transfer company based in Australia, has formed a partnership with Peru based Transmin Metallurgical Consultants. Transmin has been a leader in metallurgical consulting expertise in Peru and neighbouring countries and will now provide JKTech consulting services to the region. The partnership will provide comminution consulting, flotation consulting, training, and JKTech software and [...]

Teck Resources has entered into a non-binding memorandum of understanding with Sumitomo Metal Mining (SMM) for the proposed sale of Teck’s 40% interest in the Pogo mine in Alaska for $245 million subject to adjustment for working capital. SMM holds an indirect 51% interest in Pogo and an affiliate of Sumitomo Corp holds a 9% [...]

MineAfrica has announced its upcoming lineup of seminars including several that focus on mining on an international level and are not specific to just Africa. Due to the challenging economic situation MineAfrica says it is offering special value pricing and enhanced benefits to assist our participants. Upcoming events include Financing for Mining Ventures and Investing in African Mining seminars in [...]

AEP Southwestern Electric Power Co (SWEPCO) and its subsidiary Dolet Hills Lignite Co (DHLC) have entered into an agreement with The North American Coal Corp and its affiliates, Red River Mining Co (RRMC) and Oxbow Property Co (OPC), to acquire 50% of the Oxbow mine lignite reserves and all associated mining equipment and assets. As [...]

Caterpillar has reached an agreement with Eaton Corp to have Eaton’s heavy duty transmission remanufacturing business done by Caterpillar’s Remanufacturing Division. The agreement calls for Caterpillar to remanufacture Eaton® heavy duty transmissions at its Summerville, South Carolina facility beginning in the third quarter 2009.  The agreement brings together the powerful Fuller® Reman brand and the [...]

Geosoft is collaborating with Russia’s leading scientific university Perm State and geophysical technology firm AGT Systems. The partnership will equip the students of Perm State’s Geological Faculty with applied knowledge of industry-leading exploration technology and data processing software. ”There is a huge base of geologists, geophysicists and mining engineers in Russia with good professional education,” says Victor [...]

SNC-Lavalin has acquired VST Ingenieros, a leading Chilean consulting engineering firm specialised in mining geotechnical work with expertise and technology in the field of thickened tailings disposal. The Santiago-based company has approximately 50 employees. The 18-year old firm has world class expertise in thickened tailings disposal, which allows for higher water recovery, crucial in the mining [...]

As a result of customer requests, Larox Flowsys is introducing a basic version of its LPP-M pump, in addition to the current smart version. Whereas the current version contains multiple automatic input/output control and alarm modes the new basic version will have only single manual output control mode. The technical features such as the flow rate, [...]

Industrea has signed a contract with Shanxi Asian American Daning Energy Co. (SAADEC) worth A$2 million. SAADEC is acquiring additional underground directional drilling equipment supplied by Industrea subsidiary Wadam Industries for Daning Coal Mine, Shanxi Province. SAADEC is now the longest user of Australian-built underground directional drilling equipment and the Daning mine is using Industrea’s Advanced Mining Technologies [...]

Metso is making a significant donation of equipment and services to the University of Mines and Technology (UMaT) in Tarkwa, Ghana.  This is expected to benefit the current as well as future students.  The equipment, valued at $50,000, will be officially presented to the university on May 7, and will be installed in the Mineral Engineering [...]

KBC Advanced Technologies has added an environmental services practice to its business offering, augmenting the existing KBC Health, Safety, & Environmental (HSE) offerings. This new full service environmental consulting practice provides a wide range of commercially acceptable advice and traditional services, such Environmental Due Diligence, Environmental and Social Impact Assessments (ESIA) and contaminated land work. The [...]