Engineering and Mining Journal back issues from January 2007:
Bolivia Seeks Higher Mining Taxes
Jan 01, 2007; ... South America's poorest country is preparing to shoot itself in the foot and Bolivian President Evo Morales will be pulling the trigger. On January 22, Morales sent a bill to raise taxes on foreign mining firms to the Bolivian Congress. As the first Indian president of Bolivia, he has championed ...
Tenke Fungurume Gets PD Go-Ahead
Jan 01, 2007; ... In early December 2006, the board of directors of Phelps Dodge conditionally approved development of an initial mining project at the Tenke Fungurume copper-cobalt concession in Katanga province, Democratic Republic of the Congo (DRC). Final approval is contingent on obtaining governmental ...
Zinifex and Umicore Team Up to Form Largest Zinc Metal Producer
Jan 01, 2007; ... Umicore and Zinifex announced on Dec. 12, 2006, the signing of a memorandum of understanding as a first step toward combining their respective zinc smelting and alloying businesses. The combination would create the world's largest zinc metal producer, with operations on four continents producing ...
Xstrata Acquires 62.5% of Tampakan Copper-Gold Project
Jan 01, 2007; ... Xstrata Copper has exercised its option to acquire 62.5% of the huge Tampakan copper-gold deposit in the Philippines from Indophil Resources, Indophil is an Australian junior company headquartered in Melbourne and listed on the Australian Stock Exchange, Indophil and Xstrata Copper are working ...
Norilsk Acquiring OMG's Nickel Assets
Jan 01, 2007; ... Norilsk Nickel has entered into a definitive agreement to purchase the nickel business of OM Group (OMG) for $408 million. Assets to be acquired include OMG's nickel refining operations in Harjavalta, Finland, with production capacity of 60,000 mt/y of nickel; its Cawse nickel mining and ...
Alcan Plans Major Smelter Projects
Jan 01, 2007; ... During November and December 2006, Alcan outlined plans for aluminum smelter projects in South Africa and Canada that, if fully realized, will absorb investments totaling $4.5 billion. In South Africa, Alcan has secured a long-term power supply agreement for the proposed $2.7-billion, ...
REGIONAL NEWS - U.S. & CANADA
Jan 01, 2007; ... Shell Canada Files Peace River Regulatory Application Shell Canada has filed a regulatory application for development of a 100,000-bbl/d in situ oil sands project at its Peace River complex in northern Alberta. The Peace River complex has been in production since 1979 and is 100% owned ...
REGIONAL NEWS - LATIN AMERICA
Jan 01, 2007; ... Cerro Verde Sulphide Project Ships First Copper Concentrate Phelps Dodge reported in early January 2007 that the sulphide expansion project at the Cerro Verde open-pit copper mine near Arequipa, Peru, shipped its first concentrate. The shipment, produced during pre-operational trials, ...
NEWS - PEOPLE IN THE NEWS
Jan 01, 2007; ... Rio Tinto plc and Rio Tinta Ltd. announced that Tom Albanese will succeed Leigh Clifford as chief executive of Rio Tinto effective May 1, 2007. Phelps Dodge in anticipation of its forthcoming role as a cobalt producer, has appointed David H. Elliot to the newly created position of ...
REGIONAL NEWS - AUSTRALIA/OCEANIA
Jan 01, 2007; ... BHP Billiton Unhappy with Court Ruling on Iron Ore Rail Line Australia's Federal Court ruled in mid-December 2006 that BHP Billiton's Mt. Newman and Goldsworthy iron ore rail lines are not part of the company's production process, a decision that could require the company to open the ...
REGIONAL NEWS - AFRICA
Jan 01, 2007; ... Gold Fields Slates Tarkwa for Major Capital Projects Gold Fields Ltd. is undertaking two major capital projects at its Tarkwa gold mine in Ghana at a combined budgeted cost of $175 million. The Tarkwa carbon-in-leach (CIL) plant is being expanded from a design throughput capacity of 4.2 ...
REGIONAL NEWS - ASIA
Jan 01, 2007; ... Centerra Exploring Kumtor Underground, Adding Heap Leach Capacity at Boroo Centerra Gold is developing a 1.9-km decline from surface at its 100%-owned, open-pit Kumtor gold mine in the Kyrgyz republic to further explore 1.4 million oz of high-grade inferred resources in the mine's SB ...
THIS MONTH IN COAL: G-Mex Won't Reopen Pasta de Conchos Coal Mine
Jan 01, 2007; ... Mexican mining and transport giant Grupo México (G-Mex) has ruled out reopening its Pasta de Conchos coal mine in Coahuila state, which has been closed since an explosion there trapped and killed 65 workers in February last year, BNamericas reported. Industrial Minera México, the ...
THIS MONTH IN COAL: Chinese Demand Could Reach 2.5 Billion
Jan 01, 2007; ... China's coal demand will rise next year to 2.5 billion metric tons (mt), Xinhua Online reported. "The domestic coal production can meet the demand," said Ou Xinqian, vice minister of the State Development and Reform Commission. "But shortages may occur in some regions due to inadequate railway ...
THIS MONTH IN COAL: Xstrata, Rio Tinto Both Eye South Aferican Mine
Jan 01, 2007; ... Xstrata Coal and Rio Tinto are separately in talks with BHP Billiton to buy its 12.5 million mt/y Optimum South African coal mine, Reuters reported. BHPB has declined to name the parties with which it is in talks but has said that, if these talks do not result in a sale, it may pursue an open ...
THIS MONTH IN COAL: Mitsubishi, Foreign Rivals Vying for Indonesia Coal Deals
Jan 01, 2007; ... Japanese trading house Mitsubishi Corp. is competing with two foreign companies to forge capital tie-ups worth a total of around $1 billion with two leading Indonesian coal-mining subsidiaries of PT Bumi Resources TbK, according to The Nikkei. Mitsubishi is going up against Australian/British ...
THIS MONTH IN COAL: Norway's Svalbard Achieves Record Production
Jan 01, 2007; ... The coal production on Svalbard is back to normal, and recently set a new production at the Svea mine, which last year was closed after a major fire. According to The Norway Post, the record production of 31,150 metric tons (mt) of coal is the highest in one day since Store Norske started mining ...
PROJECT SURVEY 2007
Jan 01, 2007; ... Another strong year for mining investment The mining boom continues unabated. During 2006, more than 200 new mining projects with an estimated value of almost $38 billion were added to Raw Materials Group's (RMG) Mines/Projects database-a significant increase from 2005's then ...
Digital Diggers
Jan 01, 2007; ... When it comes to digging and loading efficiency, equipment size may not always be the supreme factor Productivity (tons per hour) and efficiency (cost per ton) are generally the 'gold standards' by which the effectiveness of a mine's primary loading equipment is measured. It's ...
Shaft Sinking at Oyu Tolgoi
Jan 01, 2007; ... Redpath uses a back-to-basics approach to overcome logistical challenges while engineering shafts for a world-class deposit Ivanhoe Mines' Oyu Tolgoi deposit may be one of the richest copper-gold deposits ever discovered. When it's fully developed, many believe that it will rank along ...
Putting a Price on Worker Fatigue
Jan 01, 2007; ... In a round-the-clock industry such as mining, extended work hours maybe necessary for production but damaging to the bottom line Statistics show that the majority-possibly up to 80%-of industrial accidents are caused by human error, not by equipment or system malfunctions. And, in a 24/7 ...
New Bucket Wear Parts for Surface, Underground Equipment
Jan 01, 2007; ... ESCO has released two new additions to its product line-the EverSharp mechanical lip and shroud for LHDs; and a new line of Chrome White Iron (CWI) wear products for use on dragline buckets, cable shovel buckets, wheel loader buckets, and excavator buckets. According to ESCO, the EverSharp Lip ...
bauma 2007: German Construction and Mining Machinery in Excellent Shape
Jan 01, 2007; ... Prospects for a successful bauma + mining event in Munich from April 23-29 are looking good. The Construction Europe December 2006 Barometer Survey showed the industry to be extremely upbeat about its prospects. Not only did participants see current conditions as strong, they also expect ...
Materials Handling Successes for Sandvik
Jan 01, 2007; ... Possibly the lowest profile technology within the Sandvik Mining and Construction brand is the materials handling equipment and engineering suite. Nevertheless, this business prospered in 2006, helped by booming demand in the energy sector and by the late-2005 integration into Sandvik Materials ...
CVRD Settles Iron Ore Prices for 2007
Jan 01, 2007; ... During December, Brazil's CVRD negotiated a 9.5% price increase for 2007 iron ore supply contracts with Asian customers. The new agreement covers all of the major iron ore buyers, including the Baosteel Group Corp. (Baosteel), the largest Chinese steelmaker, and China is the largest steel ...