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.
CEEC’s Executive Officer Sarah Boucaut announced today Multotec has joined the global leaders sponsoring CEEC’s work. Multotec joins other Australian companies such as Russell Mineral Equipment and Gekko Systems, Ausenco and JKTech in supporting CEEC’s mission to raise awareness of the benefits of alternative comminution systems.
“Multotec is pleased to announce its involvement with CEEC International in sponsorship for the 2014 calendar. Having participated as a solutions provider to the global mineral process industry for the past 40 years, Multotec has also made grounds in Australasia over the past ten years, gaining recognition as a supplier to key clients with grinding, screening and separation challenges. In a determined strategy to contribute to the mineral process industry, Multotec’s association with CEEC cements a growing maturity and commitment to the accountability needed for a sustainable future.” Commented Multotec Managing Director Mike Le Roux.
About CEEC CEEC is a not-for-profit company whose mission is to accelerate knowledge and technology transfer in the field of energy-efficient comminution (crushing and grinding). CEEC aims to raise awareness of beneficial alternative comminution strategies with the objective of improving earnings, achieving lower processing costs and gaining energy efficiencies in the mining sector. CEEC has the patronage of Owen Hegarty, of G-Resources Group Ltd and Gekko CEO Elizabeth Lewis-Gray.
CEEC is the acronym for the Coalition for Eco Efficient Comminution. CEEC was established by a visionary group of mining industry leaders, who recognised the need to provide a platform for effective communication of the latest technical findings on efficient comminution practices. Extensive research and improved engineering design has established that a range of improved blasting, crushing and grinding techniques may lower project costs, and carbon footprint. These include relatively straight forward strategies such as: removing waste material before size reduction, a better combination of grinding technologies and targeting larger grind sizes where mineralogy allows.
CEEC is funded wholly by industry sponsorship from Anglo American, Barrick Gold, Gold Fields, Indophil Resources NL, Gekko Systems, Ausenco, Xstrata Technology, Outotec, Orica, Derrick Corporation, Metso, AMIRA International, JKTech, MMG, Weir Minerals, Multotec and Russell Mineral Equipment.
