EINDHOVEN, Netherlands–(BUSINESS WIRE)–Phenom-World, the leading global supplier of desktop scanning electron microscopes (SEMs), today introduced its 5th generation Phenom Pro and ProX SEMs. The systems’ enhanced imaging performance, 20 percent resolution improvement, larger choice of detectors and new software significantly widen their application range, while still maintaining the ease-of-use that Phenom-World’s SEMs are known for. Their excellent performance offers a serious alternative t
The UK Serious Fraud Office (SFO) has opened an investigation into suspected corruption by mining major Rio Tinto in its business dealings in Guinea.
The miner in late 2016 alerted the SFO and the US Department of Justice of a $10.5-million payment to a consultant for the Simandou iron-ore project. The miner subsequently terminated the contracts of energy and minerals chief Alan Davies and legal and regulatory affairs group executive Debra Valentine.
Copper/gold producer Oz Minerals has reported an increase in production during the three months to June, compared with the previous quarter.
Copper production increased from 25 079 t in the March quarter to 28 163 t in the June quarter. Gold production increased from 26 135 oz to 32 136 oz in the same period.
The Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory, has completed a bulk pre-leach pilot operation, owner Arafura Resources reported on Tuesday.
The company said the bulk pre-leach pilot plant was the third phase of Arafura’s final piloting of the Nolans process flow sheet, and followed from the successful operation of the beneficiation pilot plant, which delivered a high-phosphate concentrate as feed to the bulk pre-leach.
LONDON–(BUSINESS WIRE)–#Construction–Technavio has announced the top five leading vendors in their recent global backhoe loaders market report until 2021.
Aim-listed Kodal Minerals has received final drill results for the Ngoualana prospect at the Bougouni lithium project, in southern Mali, which show high-grade lithium mineralisation, the company announced on Tuesday. The West Africa-focused mineral exploration and development company completed the major reverse circulation (RC) drilling programme at Bougouni in June and has released a series of market updates as the drilling results have been received.
PITTSBURGH–(BUSINESS WIRE)–Evoqua moving its world headquarters to Pittsburgh’s Central Business District
A Harmony Gold employee was killed in an accident at the Target mine, near Welkom, on Tuesday. The accident occurred during the performance of maintenance work at the underground refrigeration plant.
Overall profit growth at Norsk Hydro was overshadowed on Tuesday by below-forecast performances from several businesses including rolled products, knocking the aluminium producer’s shares.
Norsk Hydro’s stock was down 3.04% at 12:01 GMT, lagging an Oslo benchmark index, and CEO Svein Richard Brandtzaeg highlighted the division’s difficulties.
TORONTO–(BUSINESS WIRE)–Atlanta Gold Inc. (the “Company”) (TSXV: ATG; OTC Pink: ATLDF) announced that it has granted options to purchase a total of 4,250,000 common shares in accordance with the terms of the Company’s Stock Option Plan, of which options to purchase 3,850,000 shares were granted to 6 persons who are directors and/or officers of the Company. All of the options are exercisable for 5 years at a price of $0.065 per share. About the CompanyAtlanta Gold Inc. holds through its 100% o
Vedanta, the Indian unit of diversified energy group Vedanta Resources, reported a doubling of quarterly consolidated profit on Tuesday, as higher zinc prices helped the company to reap improved margins.
Consolidated profit came in at 15.25-billion rupees in the quarter ended June 30, with profit from zinc operations in India rising three-fold to 18.15-billion rupees.
NEW YORK–(BUSINESS WIRE)–Rodman & Renshaw’s 19th Annual Global Investment Conference will be held September 10th through 12th, 2017 at the Lotte New York Palace hotel in NY.
NEW HAVEN, W. Va.–(BUSINESS WIRE)–Felman Production, LLC (“Felman”) today reported that it has temporarily shut down its New Haven, West Virginia facility after a transformer failure occurred at one of the Company’s two operational electric arc furnaces. Felman estimates it will remain shut for approximately the next three weeks as the necessary repairs are conducted. On Sunday, July 9th, an initial event occurred which resulted in an arcing of the furnace’s power buss. Following a successful
With 30% fewer trucks, the fleet productivity at the Sishen iron-ore mine in the Northern Cape has leapt by an extraordinary 57%, Kumba Iron Ore CEO Themba Mkhwanazi said on Tuesday, when the company reported a 23% increase in production in the six months to June 30. The contribution of contractor tonnage has been halved. The 4100 primary shovels are moving double the tonnage an hour compared with the same period last year.
The US electric industry knew as far back as 1968 that burning fossil fuels might cause global warming, but cast doubt on the science of climate change and ramped up coal use for decades afterward, an environmental watchdog group said on Tuesday. The California-based Energy and Policy Institute, which opposes fossil fuels, cited documents it obtained. It said its research mirrors reporting conducted by InsideClimate News about Exxon Mobil’s early understanding of climate change, which triggered an investigation by New York’s Attorney General.
Kumba Iron Ore CEO Themba Mkhwanazi on Tuesday expressed concern about the mineral rights and mining transaction moratorium that has been gazetted by Mineral Resources Minister Mosebenzi Zwane, especially because it followed his agreement to suspend the implementation of Mining Charter Three until September. “We’re concerned about the development, more so particularly it having come when there had been an agreement between the Ministry and the chamber,” Mkhwanazi said at the presentation attended by Creamer Media’s Mining Weekly Online. (Also watch attached Creamer Media video).
ASX-listed Eastern Goldfields has poured first gold at the recently commissioned Davyhurst mill, in Western Australia.
The company told shareholders on Tuesday that the first gold pour represented a significant milestone for Eastern Goldfields, as it was the first on-site gold production at Davyhurst since 2008.
South Africa’s Chamber of Mines has lodged an urgent court application to prevent the mines minister from suspending the issuance of new mining and prospecting rights, the industry body said on Tuesday. “The industry has no option but to proceed with court action to ensure that the minister acts within the law,” the chamber said in a statement. It said the case will be heard on August 4.
DUBLIN–(BUSINESS WIRE)–The “Precious Metal Catalysts Market – Global Forecast to 2022” report has been added to Research and Markets’ offering. The precious metal catalysts market size will grow from USD 14.37 Billion in 2017 to USD 19.41 Billion by 2022, at a CAGR of 6.19%. The precious metal catalysts market is witnessing considerable growth due to advancements in technology and rise in emission norms across the globe. Growth in demand in automobile and pharmaceutical applications, along wi
Fearing poor valuations owing to lower production and offtake, the Indian government is likely to defer plans to divest holdings in Coal India Limited (CIL). The government had planned to sell a 10% equity stake in the current financial year, but indications are that this will be deferred until the next year, or at least until the country’s largest miner is able to improve its volumes and its shares become more attractive to private investors.
Australia’s Resources Minister Matt Canavan has resigned after discovering that he may be in breach of the constitution because he is a dual Italian citizen.
“According to the Italian government, I am a citizen of Italy,” Canavan, who was also Minister for northern Australia, told reporters Tuesday.
PHOENIX–(BUSINESS WIRE)–Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $268 million, $0.18 per share, for second-quarter 2017. After adjusting for net gains of $27 million, $0.01 per share, second-quarter 2017 adjusted net income attributable to common stock totaled $241 million, $0.17 per share. Consolidated sales totaled 942 million pounds of copper, 432 thousand ounces of gold and 25 million pounds of molybdenum for second-quarter 2017. Consolidated sale
DENVER–(BUSINESS WIRE)–Newmont Announces Second Quarter 2017 Results
NATURAL BRIDGE, Va.–(BUSINESS WIRE)–Republic Steel (“Republic”) and ERP Iron Ore, LLC (“ERP”) have signed a Memorandum of Understanding relating to the formation of a joint venture to produce pig iron at Republic’s steel mill located in Lorain, Ohio. When fully operational the Lorain mill is expected to produce up to one million net tons of pig iron per annum. The Joint Venture will serve the increasing demand for virgin iron required to produce steel in the Electric Arc Furnace (“EAF”) secto
London-listed Gem Diamonds is encouraged by the improvement in the recovery of diamonds larger than 100 ct at its Letšeng mine, in Lesotho, during the first half of this year. It recovered four diamonds larger than 100 ct in the six months to June 30, and another in July.
Botswana aims to resolve a dispute with Norilsk Nickel (Nornickel) next month over a failed deal in which the country’s BCL Mine was to buy the Russian firm’s 50% stake in the Nkomati mine. “Due diligence and valuation exercises are being carried out to establish the value of the Nkomati assets as a basis for negotiating a commercially acceptable solution to the parties involved,” Botswana’s Mineral Resources Minister Sadique Kebonang said on Tuesday.
LONDON–(BUSINESS WIRE)–A new report by the G20’s Global Infrastructure Hub outlines infrastructure investment needs globally and individually for 50 countries and 7 sectors.
PITTSBURGH–(BUSINESS WIRE)–Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2017 sales of $880 million and net income attributable to ATI of $10 million, or $0.09 per share. Business segment operating profit was $71 million, or 8.1% of sales. “Sales of our next-generation products reached 40% of jet engine sales in our High Performance Materials & Component (HPMC) segment in the quarter. HPMC operating profit was nearly 13% of sales,” said Rich Harshman, Chairman, P
DUBLIN–(BUSINESS WIRE)–The “U.S. Carbon And Graphite Products Market – Analysis And Forecast to 2025” report has been added to Research and Markets’ offering. The report provides an in-depth analysis of the U.S. carbon and graphite products market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cy
Lithium developer Tawana Resources has received environmental approval to construct and operate a 1.2-million-tonne dense media separation plant (DMS) at the Bald Hill mine, in Western Australia.
“Being permitted to develop and operate at the Bald Hill mine is a significant achievement and milestone for the joint venture,” said Tawana MD Mark Calderwood.
MÜNCHEN & DAR ES SALAAM , Tanzania–(BUSINESS WIRE)–REDAVIA, wereldwijd marktleider voor rendabele verhuur van zonne-energie voor bedrijven en gemeenschappen, heeft het acht containers tellende zonnepark op Shanta Gold’s nieuwe Luika-mijn in het Chunya-district in Tanzania in gebruik genomen. Deze Smart News Release beschikt over multimedia. Bekijk de volledige versie hier: http://www.businesswire.com/news/home/20170725005034/nl/ Met de eerste zonnecentrale met één container, die in 2014 werd
Iron-ore mining company Kumba Iron Ore on Tuesday reported a 23% increase in production in the six months to June 30 on the back of a productivity step change linked to the revised Sishen mine plan. The Anglo American subsidiary achieved a fatality-free half year and reduced lost-time injuries in producing 21.9-million tonnes of iron-ore.
DENVER–(BUSINESS WIRE)–Summit Materials Announces Second Quarter 2017 Results Conference Call Date.
DUBLIN–(BUSINESS WIRE)–The “Nickel Alloys Market by Function (Corrosion Resistant, Heat Resistant, High Performance, Electronic Alloys), End-Use Industry (Aerospace & Defense, Oil & Gas, Chemical, Energy & Power), and Region – Global Forecast to 2022” report has been added to Research and Markets’ offering. The nickel alloys market is projected to reach USD 14.68 billion by 2022 Factors such as higher corrosion resistance properties, and growing demand from the aerospace & def
MONACO DI BAVIERA e DAR ES SALAAM, Tanzania–(BUSINESS WIRE)–REDAVIA, leader mondiale nel mercato del noleggio dell’energia solare conveniente ad aziende e comunità, ha messo in esercizio la sua fattoria solare da otto container situata presso la miniera New Luika di Shanta Gold, nel distretto di Chunya, in Tanzania. La centrale solare iniziale, realizzata nel 2014 e composta da un container, ha presto apportato notevoli vantaggi a Shanta Gold, grazie alla generazione di circa 100.000 kWh di e