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Engineering and Mining Journal articles from October 2007

4,245 total articles

A monthly magazine of news and developments in the hardrock mining industry. Articles examine international market forecasts, economic outlooks, and expert analysis of current events.

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Engineering and Mining Journal back issues from October 2007:

Barrick Offers Researchers $10 Million for Enhanced Silver Recovery at Veladero

Oct 01, 2007; ... Barrick Gold Corp. said it is challenging scientists worldwide to devise a process to unlock the silver from the ore at its Veladero gold mine in Argentina. The Canadian company is offering a $10 million prize to the winner. Barrick's said its Unlock the Value program invites scientists, ...

Norilsk, ARM Approve $445M Nkomati Nickel Expansion to Quadruple Annual Production

Oct 01, 2007; ... African Rainbow Minerals Ltd. (ARM) and Norilsk Nickel, 50:50 joint-venture owners of the Nkomati nickel mine in Mpumalanga Province of South Africa, have approved a R3.2-billion ($445-million) mining expansion project to increase average annual nickel production to 20,500 mt from 5,500 mt and ...

South African Gold Majors Sign Wage Agreements

Oct 01, 2007; ... Gold producers Anglogold Ashanti, Goldfields and Harmony recently signed a 2007-2009 wage agreement with three trade unions-National Union of Mineworkers (NUM), UASA and Solidaritynegotiating on behalf of gold mining workers at the Chamber of Mines' offices in Johannesburg. The agreement follows ...

Constellation Implements Production Enhancements at Lisbon Valley Copper

Oct 01, 2007; ... Constellation Copper Corp. recently reported on the progress of production enhancement projects under way at its Lisbon Valley surface mine located in southeastern Utah, USA. The company said its immediate focus has been on increasing the amount of contained pounds of copper placed on the leach ...

E&MJ/Mining Media Prepare for 2008

Oct 01, 2007; ... In this edition, Engineering & Mining Journal (E&MJ) publishes its annual Scandinavian Report. It updates readers on mining activities in the region and provides insight on equipment and services provided by some of the mining industry's leading manufacturers and EPCM contractors ....

UC Rusal Modernizes Largest Aluminum Smelter

Oct 01, 2007; ... UC Rusal announced the start of modernization of its Bratsk aluminum smelter, claimed to be the world's largest, to reduce environmental impact and increase efficiency. The first stage of the project will be completed in 2011 at a cost of $350 million. The modernization program will ...

IFC to Increase Investment in Simandou Iron Project

Oct 01, 2007; ... International Finance Corp., a member of the World Bank Group, said it is increasing its investment in Rio Tlnto's Simandou iron ore project in Guinea to continue funding exploration and feasibility studies and to support its environmentally and socially sustainable development. IFC has ...

REGIONAL NEWS - U.S. & CANADA

Oct 01, 2007; ... Review Panel Gives Thumbs Down on Kemess North Development Northgate Minerals Corp. reported in mid-September that the Joint Federal-Provincial Environmental Review Panel studying the proposed Kemess North copper-gold project in north-central British Columbia had completed its review and ...

THIS MONTH IN COAL: Canadian Pacific Acquires DM&E Railroad

Oct 01, 2007; ... Canadian Pacific Railway Ltd. (CP) announced in early September that it has reached an agreement to acquire Dakota, Minnesota & Eastern Railroad Corp. (DM&E) and its subsidiaries for $1.48 billion. The transaction expands CP's current network by approximately 2,500 miles and increases ...

REGIONAL NEWS - AFRICA

Oct 01, 2007; ... Platmin Okays Multiple Pit Development at Pilanesberg PGM Project Platmin Ltd. recently reported the results of a feasibility study for its Tuschenkomst and Ruighoek properties at the company's Pilanesberg project, and also announced that its board of directors approved development of ...

REGIONAL NEWS - AUSTRALIA/OCEANIA

Oct 01, 2007; ... Rio Tinto, Hancock Give Green Light for Hope Downs Rio Tinto and joint venture partner Hancock Prospecting will spend $350 million on a fast-tracked expansion of the new Hope Downs iron ore project in the Pilbara region of Western Australia. At the completion of the expansion, expected ...

THIS MONTH IN COAL: Xstrata Buys Tahmoor & Anvil Hill in Australia

Oct 01, 2007; ... Xstrata Coal Pty Ltd. announced during September its intention to make an off-market takeover cash bid to acquire Austral Coal Ltd. for A$557 million ($501 million). Under Xstrata Coal's proposal, Helios Australia Pty Ltd., a subsidiary of Xstrata Coal, will offer to acquire all of the shares in ...

THIS MONTH IN COAL: South Africa's Chamber of Mines Signs Wage Agreements

Oct 01, 2007; ... South African coal mining companies (Anglo Coal, Xstrata, Eyesizwe, Optimum Colliery and Delmas Coal) recently signed the 2007/2009 wage agreement at the Chamber of Mines' offices in Johannesburg with three trade unions negotiating on behalf of coal mining workers: the National Union of ...

REGIONAL NEWS - LATIN AMERICA

Oct 01, 2007; ... Kinross, Goldcorp to Swap Canadian, Chilean Assets Kinross Gold Corp. has entered into an asset swap with Goldcorp Inc. designed to increase Kinross's ownership and operating control of its core mines, while strengthening its strategic position in Chile. Under terms of the ...

REGIONAL NEWS - ASIA

Oct 01, 2007; ... Rio Tinto Extends $350 Million in Interim Funds for Oyu Tolgoi Development Rio Tinto said it will provide Ivanhoe Mines Ltd. with a convertible credit facility of $350 million for interim financing for the Oyu Tolgoi copper-gold complex in Mongoliaís South Gobi region. The credit ...

NEWS - PEOPLE IN THE NEWS

Oct 01, 2007; ... AngloGold Ashanti announced that Mark Cutifani has been appointed CEO. He replaces Bobby Godsell who retired. Norilsk Nickel announced the appointment of Peter Breese as chief executive of its international mining and metallurgical operations. The company also announced that Antti ...

A New Era of Nordic Mining

Oct 01, 2007; ... Invigorating the old, advancing the new, resurrecting the moribund Recent industry and economic trends have provided an almost constant stream of very good news for the Nordic region's minerals producers, technology suppliers and growing band of mining contractors. In this special ...

Polar Bulls Plan on a Long-Term Future

Oct 01, 2007; ... Important new operations may open close to the Arctic Circle in Lapland during the next few years, in both Sweden and Finland. But, unless things go terribly wrong, the region's four major mines will definitely stay in production, three of them at substantially increased output rates. When ...

The Key Against Cracking: Filler Metals and Other Factors for Welding AR Plate

Oct 01, 2007; ... Repairing or maintaining equipment that is protected by abrasion resistant, or AR plate, is an inevitable task in the mining industry, and one that can also be tricky. Taking certain precautions and choosing the most appropriate filler metal is one of the most important steps to ensuring welding ...

Larox Horizontal Vacuum Filter Handles Heavy-Duty Applications

Oct 01, 2007; ... Larox recently reported that, following the introduction of its RB-SV filter in the third quarter of 2006, it has since received orders for more than 20 RB-SVs comprising more than 1,500 m^sup 2^ of filtration area, from 1.2 up to 4.25 m wide, for a variety of applications. The RB-SV, considered ...

Nordic Mining Equipment: Innovation Plus Dedication

Oct 01, 2007; ... Because the Nordic region's mining companies rely on high productivity and assiduous quality control to remain internationally competitive, technology/equipment suppliers based in the Nordic region work closely with them, partly to develop advanced technology, partly to retain domestic market ...

Gearing Up to Solve Workplace Noise Problems

Oct 01, 2007; ... Assessment of the effects of work-site conditions such as vibration, exposure to hazardous or toxic materials, noise, physical stress, psychological impact and other factors on worker health is becoming increasingly more commonplace as employers and regulators gain increased understanding of the ...

Pilot Crushtec Plants Popular in DRC

Oct 01, 2007; ... Economic development along with recent legislation in the Democratic Republic of Congo (DRC) that now requires mining companies to export copper and cobalt concentrates have led to a flurry of activity-and rising demand for South African-made equipment and services. Pilot Crushtec, a ...

Mineral Process Plant Delivery: Strategies for a Whole World Market

Oct 01, 2007; ... Process technology suppliers in the Nordic region can, like their mining sector counterparts, manufacture and assemble specific pieces of equipment "in-house." However, price-weight-bulk relationships for large units often dictate manufacture closer to the site for international projects. These ...

New Drills for Underground and Surface Applications

Oct 01, 2007; ... Atlas Copco is now offering the COP 2238, a new 22-kW hydraulic rock drill for the 51- to 76-mm hole-diameter range in drifting, tunneling and extension drilling applications. According to the company, the new drill's proven dual-damping system ensures that the bit maintains constant contact ...

Spot Gold Prices Break New Ground

Oct 01, 2007; ... Metal prices surged in September. Fears of a recession pushed spot gold prices above $700/oz early in the month. On Tuesday, September 18, the U.S. Federal Reserve surprised markets with a 0.5% cut to the federal funds rate, taking it from 5.25% to 4.75%. The value of the dollar dropped and gold ...