Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Multotec has received an order for its high capacity classification cyclones for the Olenyi Ruche project in Russia, a mining exploration company currently involved in launching a phosphate ore beneficiation project. The order was placed with Multotec by North Western Phosphorous, a major Russian project house contracted by Olenyi Ruche to construct the new beneficiation plant. Delivery was scheduled for September 2011 and Multotec engineers were deployed to the site to assist with plant commissioning. (more…)