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.
Ukraine-based Velta LLC has placed an order with Multotec for the supply of NHM and SC20 spiral concentrators to process minerals from an operation in the Birzulovo ilmenite deposit in South Ukraine. Delivery is scheduled for the end of October 2011 and Multotec engineers, together with representatives from Multotec’s local distributor, DIN, will be deployed to the site to supervise installation and commissioning. (more…)