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18.09.2019 (2404 Clicks)

Timken to Acquire BEKA Lubrication

The Timken Company has reached an agreement to acquire BEKA Lubrication (BEKA), a leading global supplier of automatic lubrication systems, for approximately $165 million.

18.09.2019 (2930 Clicks)

Byerwen Coal Mine Opening good News for Queensland Exports, Jobs and Royalties

The opening of the Byerwen coal mine in North Queensland is testament to the strength and diversity of the state's mining sector, Queensland Resources Council (QRC) Chief executive Ian Macfarlane said yesterday.

18.09.2019 (2816 Clicks)

BHP report highlights Resources Sector’s Contribution to all Queenslanders

The Queensland Resources Council has welcomed BHP’s annual economic contribution report highlighting its increased payments to the Queensland Government last financial year totalled $1.24 billion or $100 million every month.

18.09.2019 (2484 Clicks)

Implenia wins order to build the new 380-kV Berlin Diagonal Power Link

• Tunnel to carry high-voltage power line
• Order worth around EUR 130 million (approximately CHF 140 million)  
  
  >> Read More >>

15.09.2019 (2297 Clicks)

Piotrek and Csiro to make next-gen Lithium Batteries for Global Market

A new partnership between Australia's national science agency, CSIRO, and Japanese specialist chemical manufacturer, Piotrek, will see Australian-developed battery technologies commercialised globally within the next five years.

15.09.2019 (2638 Clicks)

Epiroc wins large Mining Equipment Service Contract in Chile

Epiroc has won a large contract from Codelco for service of mining equipment used at the Andina mine near Chile’s capital Santiago.

The full-service contract spans seven years and includes on-site Epiroc service technicians maintaining equipment such as Epiroc’s drilling rigs Pit Viper 351 and FlexiROC. The contract value totals MUSD 68 (MSEK 665) and was signed in the third quarter 2019. Orders and revenues will be incurred throughout the contract period.

It is one of the largest-ever contracts signed for Epiroc’s Mining and Rock Excavation Service division.

“We are proud of the important partnership with Codelco as we together make their operations as productive, efficient and safe as possible,” said Helena Hedblom, Epiroc’s Senior Executive Vice President Mining and Infrastructure. “The drilling rigs do tough, hard work and we are pleased to have a top-quality service organization that ensures the equipment continuously performs at the highest level.”

Codelco is a Chilean state-owned mining company and the world’s largest copper producer. Andina has both open pit and underground operations and has the second-most copper reserves among all mines worldwide.

The contract includes the opportunity in the near future to implement automation features for the current equipment fleet, such as remote-controlled steering from safe distance, similar to what Epiroc has provided at other open pit mines in Chile and around the world.

This contract expands Epiroc’s already-significant presence in Chile. In June 2019, Epiroc announced that it had won a large order from construction company Züblin International GmbH Chile Spa for equipment to be used to expand the Codelco-owned El Teniente mine.

About Epiroc

Epiroc is a leading global productivity partner for the mining and infrastructure industries. With cutting-edge technology, Epiroc develops and produces innovative, safe and sustainable drill rigs, rock excavation and construction equipment and tools. The company also provides world-class service and solutions for automation and interoperability. Epiroc is based in Stockholm, Sweden, had revenues of SEK 38 billion in 2018, and has more than 14,000 passionate employees supporting and collaborating with customers in more than 150 countries.

Source: Epiroc

                     

09.09.2019 (2101 Clicks)

WMO Secretary General Warns Against Climate 'Doomsters and Extremists'

The General-Secretary of the World Meteorological Organization (WMO) says that the alarmist narrative on climate change has gone off the rails and criticised the news media for provoking unjustified anxiety.

05.09.2019 (2563 Clicks)

Global Silver Production to Recover from 2020 to exceed 1B ounces by 2023

Global silver production, which has been declining since 2016, is expected to recover from 913.5 million ounces (Moz) in 2019 to 1,029Moz in 2023, according to GlobalData, a leading data and analytics company.

05.09.2019 (3019 Clicks)

Global Gold Production to reach M132 Ounces in 2023

Global gold production is expected to grow at a compound annual growth rate (CAGR) of 2.5% between 2019 and 2023 to reach 132.1 million ounces (Moz) in 2023, according to GlobalData, a leading data and analytics company.

05.09.2019 (3231 Clicks)

Small Robbins Double Shield TBM makes a monumental Achievement in the Parmer Lane Wastewater Interceptor in the USA

Compact TBM bores longest Rock Tunnel at 2.46 m Diameter