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The Evolution of Design Trends in Industrial Machinery
11th June 2019 The influence of changes in human society and activity has always been the underlying motivation behind major trends in the development of everyday objects, and the trends and changes we’ve witnessed in the fields of industry and industrial machinery are no exception. From the moment the... →
Hecla throttles Nevada spending
By: Mariaan Webb 7th June 2019 US silver and gold producer Hecla Mining on Thursday announced that it would curtail most development work and reduce the workforce of its operations in Nevada, which had failed to generate the cash flow that the company had hoped for. Following a review of its Nevada operations, Hecla announced... →
Effective fire suppression system proves its worth
By: Creamer Media Reporter 6th June 2019 Sandvik ECLIPSE™ Fire Suppression Systems are contributing to an enviable fire safety record at the Ambatovy Nickel Mine in Madagascar, one of the biggest nickel mines in the world. With several mobile machines, as well as other risk areas protected by Sandvik Mining and Rock Technology’s... →
Trump's Cuba gambit pushes Canadian miner Sherritt to the brink
By: Bloomberg 5th June 2019 Sherritt International, whose executives were once known as Fidel Castro’s favorite capitalists, is paying the price for its close ties to the struggling Caribbean nation. The Canadian miner, which gets all its revenue from assets in Cuba, is being hit on multiple fronts by Donald Trump’s... →
US report urges steps to reduce reliance on foreign critical minerals
By: Reuters 5th June 2019 The US Commerce Department on Tuesday recommended urgent steps to boost domestic production of rare earths and other critical minerals, warning that a halt in Chinese or Russian exports could cause "significant shocks" in global supply chains. The report includes 61 specific recommendations -... →
Eskom insiders provide 'very limited' choices to replace CEO 
By: Bloomberg 28th May 2019 Eskom Holdings’ 96-year history is replete with former CEOs who rose from within South Africa’s debt-laden State utility to run the company. There are few obvious choices for the next CEO to come from those same ranks. Two possible candidates from Eskom’s executive team to replace Phakamani... →
‘Disastrous’ Victoria gold tax rejected
By: Esmarie Iannucci 27th May 2019 The Victorian government has come under fire for plans to introduce a 2.75% royalty on gold miners, with the resources sector saying it would threaten hundreds of jobs in regional communities. A similar royalty already applies on all other minerals mined in Victoria, apart from lignite. →
Earthquake rattles northern Peru near gold and copper mines
By: Bloomberg 27th May 2019 A magnitude 8.0 earthquake struck northern Peru early Sunday near copper and gold mines, prompting officials to activate emergency protocols. The quake hit at 2:41 a.m. local time, according to the European-Mediterranean Seismological Centre. The US Geological Survey put the epicenter at 75 km... →
Peabody starts reventilating North Goonyella with aim of resuming production next year
By: Creamer Media Reporter 24th May 2019 Coal miner Peabody has taken the first step to resuming operations at the fire-hit North Goonyella mine in Queensland, Australia, with an announcement on Friday that it is proceeding with the ventilation of the first segment of the coal mine. This forms part of a phased reventilation and... →
Zambian President threatens Glencore, Vedanta with 'divorce'
By: Bloomberg 17th May 2019 Zambian President Edgar Lungu threatened to “divorce” the domestic copper units of Vedanta Resources and Glencore after the companies said they’d curb operations in the Southern African nation. The threat marks an escalation in tensions between the mining industry in Africa’s second-biggest... →
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