IAMGOLD to build Solar Project in Suriname - Transition from Mining soft Rock to harder Rock Deposits needs an increased Amount of Power

IAMGOLD Corporation announced today that IAMGOLD and/or its subsidiary, Rosebel Gold Mines N.V. will fund the development and operation of a solar power project with an installed capacity of five (5) megawatts in Suriname. The Solar Project is delivering on a prior commitment to the Government of Suriname, which was made in connection with a prior deal that significantly lowered the Company's cost of power.


Champion Comments on Quebec Government's Announcement of A Pre-Feasibility Study for A Third Railway

Champion Iron Mines Ltd (TSX:CHM)(OTCQX:CPMNF)(FRANKFURT:P02) comment on an announcement by the Quebec Government Economic Policy regarding the initiation of a pre-feasibility study for a third railway to transport iron ore from the Labrador Trough.


The announcement by the Quebec Government is as follows: "As part of a vision for responsible development of northern infrastructures that are essential to ensuring the economic and social development of the northern territory.


AJ Lucas Announces Award of Contracts Totalling $66 Million

AJ Lucas Group Limited (ASX:AJL) (Lucas) refers to its announcement on 13 June 2013 in which it advised that it was negotiating contracts for three projects within its Engineering and Construction Division (LEC).
Lucas advised that it has successfully secured all of these contracts as follows:

  • Construction and installation of gas gathering pipelines in Central Queensland totalling 32km in length;
  • Construction and installation of a 5.5km gas pipeline between Tomago and Hexham including 2.6km of horizontal directional drilling to traverse the Hunter River and an industrial area;
  • Construction and installation of gas (53.6km) and water (24.5km) trunklines in the northern region of the Queensland Curtis LNG Project (as previously announced on 18 June 2013).
Read more... – Site Monitoring and Maintenance for Dry Dusty Materials

It is well known that transporting dry dusty materials can create explosive atmospheres. Four conditions have to exist in order for the explosive state to occur. First of all there needs to be high concentration of dust, then there must be oxygen and there should also be an ignition source. If all of these appear in a confined space – an explosion will happen.


Bridger, LLC Partners with Riverstone Holdings LLC

Partnership Broadens Bridger’s Growth Objectives

Bridger, LLC, formerly Bridger Group, LLC, a crude oil marketing and midstream logistics company based in Dallas, Texas, announced that it has partnered with Riverstone Holdings LLC, an energy and power-focused private equity firm. Bridger’s management team and Riverstone have jointly committed to invest up to $300 million, building on Bridger’s operational and financial success and further fueling the company’s growth strategy. Bridger’s experienced management team consists of its founders, James Ballengee, Julio Rios and Jeremy Gamboa.


FLSmidth to supply large material handling system

FLSmidth has received an order worth approximately INR 1900m (approximately DKK 200m) from a leading Indian steel producer, Tata Steel, to supply two pipe conveyors for transport of 6 million tonnes per year of iron ore over a distance of around 9 km from the steel company's Khondbond mines to the railway loading point at Joda in the state of Odisha, located on the east coast of India.

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