Mining Engineering

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G-8 leaders agree to cut global emissions

Aug 01, 2008; Anonymous ... ENVIRONMENT Leaders of the world's eight leading industrial nations gathered for the 2008 G8 conference in Japan in July and quickly endorsed halving world emissions of greenhouses gases by 2050. The Group of Eight - leaders from the United States, Japan, Russia, Germany, France, ...

Annual survey ranks Vale No. 1

Aug 01, 2008; Anonymous ... SURVEY The annual PricewaterhouseCoppers' global mining industry trends survey is titled, fittingly, "As good as it gets." The survey credits the commodity price boom to the good times in the industry and found that Brazilbased Vale is enjoying the most success. Vale is ...

Rio Tinto plans to invest $667 million

Aug 01, 2008; Anonymous ... INVESTMENT Rio Tinto will invest US$667 million at its Pilbara operations in Western Australia. The goal of the investment is to ramp up the mines annual capacity to 320 Mt (353 million st) through improved infrastructure and mine expansion studies. Included in the investment is ...

Seven mines in five years expected to open in Greenland

Aug 01, 2008; Anonymous ... NEW MINES Greenland will open seven mines in the next five years, boosting the traditional hunting and fishing sectors, which are threatened by global warming, a senior minister said. Aleqa Hammond, minister of finance and foreign affairs, told Reuters that the new projects ...

Cameco settles with Wyoming over environmental standards

Aug 01, 2008; Anonymous ... The state of Wyoming and Cameco Resources reached an agreement in July that will result in Cameco Resources paying as much as $1.4 million as a settlement to Wyoming for not complying with state environmental standards. In March, Power Resources, Inc., which operates Cameco's Smith ...

Third gold mine in one year opens in Burkina Faso, western Africa

Aug 01, 2008; Anonymous ... The western Africa nation of Burkina Faso has formally opened its third gold mine in a year. Semafo opened the most recent mine, an open-cast Mana facility named the Mana Mine. It is 270 km (170 miles) northwest of the capital Ouagadougou. It is expected to produce 3.6 t/a (116,000 ...

Rio Tinto plans for diamond mine in India

Aug 01, 2008; Anonymous ... Rio Tinto lodged a mining lease application for its Bunder diamond project, in India. It could be the first significant world-class diamond mine in India. Rio Tinto announced that the exploration target for diamond mineralization at the Bunder project is between 40-70 Mt (44-77 million ...

BHP agrees to iron ore price with China

Aug 01, 2008; Anonymous ... IRON The demand for steel in developing nations like China and India have translated into price increases for iron ore for the sixth straight year. In June, BHP Billiton settled on a price for the iron ore it produces that is in line with the price previously set by Rio ...

Cleveland-Cliffs to invest $500 million

Aug 01, 2008; Anonymous ... Cleveland-Cliffs Inc. said it will invest $500 million to increase iron pellet production at its Empire Mine in Marquette County, MI. The Cleveland-based company said the project will extend the life of the mine, which faced potential closure in 2011, through 2018. It also will add about ...

Cameco to begin pumping at Cigar Lake

Aug 01, 2008; Anonymous ... URANIUM Cameco Corp. said that it had received the regulatory permission to pump the water out of its flooded Cigar Lake Mine and inspect and safely secure the mine once it is dry. The company said the Canadian Nuclear Safety Commission (CNSC) and the Saskatchewan Ministries of ...

Peabody Energy commissions first new coal mine in New Mexico in 20 years

Aug 01, 2008; Anonymous ... COAL The El Segundo coal mine in northwest New Mexico was commissioned by Peabody Energy on June 25. The mine will produce 5.4 Mt/a (6 million stpy) and will serve the electricity needs of the southwest United States. The El Segundo Mine will serve a 19-year, 59-Mt (65-million ...

Hydrometallurgy 2008

Aug 01, 2008; Anonymous ... Hydrometallurgy 2008 2008, edited by Courtney A. Young, Patrick R. Taylor, Corby G. Andersen and Yeonuk Choi, SME Customer Service, 8307 Shaffer Parkway, Li «let on, CO 80127, phone 800-763-3132, 303-973-9550, fax 303-933-6269, e-mail cs@smenet.org, Web site www.smenet.org, ISBN: ...

LKAB begins test mining of magnetite in Sweden

Aug 01, 2008; Anonymous ... In an effort to capitalize on the soaring global demand for iron ore pellets and special magnetite products, Sweden-based LKAB, an international high-technology minerals group, will begin test mining of 50 kt (55,000 st) of iron ore in the Gruvberget iron ore deposit, near Svappavaara, Sweden ....

Irish gold miner announces upgraded resource estimate

Aug 01, 2008; Anonymous ... Following the evaluation and appraisal work on its Clontibret property in Ireland, Irish gold explorer, Conroy Diamonds and Gold announced that it raised its Joint Ore Committee Reserve (JORC) compliant estimate gold reserve five-fold to 32 t (1.03 million oz). The estimate is for an area ...

New European resource reporting guidelines launched

Aug 01, 2008; Anonymous ... A draft proposal that would update the existing In-stitute of Materials, Minerals and Mining (IMM) reserve and reporting code was unveiled in London in June. The new code, Pan European Reserves and Resources Reporting Committee (PERC) was drawn up by IMM's successor organization IOM 3 ...

European Commission to extend review of BHP-Rio Tinto bid

Aug 01, 2008; Anonymous ... BHP Billiton said it has exercised its right to ask for a 20-day extension of the European Commission's review of its bid for Rio Tinto. This means an offer document for the bid could come as late as March 2009. The European Commission said on July 4 that its review would enter a second ...

Xstrata's Nickel Rim South project to join the prolific Sudbury Basin

Aug 01, 2008; Gleason, William ... Approximately 2 billion years ago, a meteorite crashed into earth at what is now Sudbury, Ontario, Canada. The collision was so violent that it liquefied the metals in the earth's surface. These metals settled on the rim of the crater and on the crater's outside wall creating the Sudbury Basin, ...

Soaring grain prices spark a potash mining boom in Canada

Aug 01, 2008; Anonymous ... The potash industry has become one of the hottest in Canada as demand for it rises with soaring prices of grain. Potash is a key ingredient in fertilizer. In recent months, shares of Potash Corp, the top potash producer in the world with seven mines in Saskatchewan, has tripled. Now, some of the ...

Potash prices could double in three years

Aug 01, 2008; Anonymous ... During an industry conference in July, Potash One chief executive officer Paul Matysek predicted that the price of potash might rise as high as $900/t ($816/st) excluding freight costs during the next two to three years. This price increase comes amid higher food demand and limited supplies of ...

Image issues could hurt Canadian oil sands plans

Aug 01, 2008; Anonymous ... While the United States and the rest of the world struggles with record-setting oil prices Canadian oil sands producers are ramping up production to meet demand for oil while also fighting against a host of negative images. In recent months, the price of oil has skyrocketed. Most of that ...


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