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  • Jinchuan Group Newly Appointed CEO Mr. Chen Dexin Aims at Building Jinchuan into a World-Class Mining Company with His Rich Experience

    Jinchuan Group Newly Appointed CEO Mr. Chen Dexin Aims at Building Jinchuan into a World-Class Mining Company with His Rich Experience

    Jinchuan Group International Resources Co. Ltd (the “Company”, together with its subsidiaries, collectively referred to as the “Group” or “Jinchuan International”, Stock Code: 02362.HK) is pleased to announce that the appointment of Mr. Chen Dexin as the Chief Executive Officer (“CEO”) of the Company was effective from 15 June 2016. Mr. Chen is a seasoned executive appointed out of his extensive mining industry experience. He

  • Metso signs landmark deal with the world’s largest copper miner Codelco in Chile

    Metso signs landmark deal with the world’s largest copper miner Codelco in Chile

    Metso has won a significant deal to support the conversion of the largest open-pit copper mine in the world to a large-scale underground mining operation. The Chuquicamata mine, located 1,650 kilometers north of Santiago, Chile, is owned and operated by Chile’s National Copper Corporation, Codelco. Metso’s scope in the contract includes the engineering, supply of equipment and materials, and site assistance for 12 underground crusher

  • SMT Scharf increases profitability in H1 2016

    SMT Scharf AG (WKN 575198, ISIN DE0005751986) reports significant year-on-year profitability growth despite revenue falling during the accounting period. Given a reduction in business generated with new machines, the service business again exerted a stabilising effect on consolidated revenue during the second quarter. Chief Executive Officer Hans Joachim Theiss comments on current business trends: “There are currently weak signals that prices for the most important

  • Tackling nitrate contamination of water in mines

    In South Africa’s increasingly water-scarce and environmentally regulated mining industry, BME’s emulsion explosives help keep nitrates out of mine water – preventing possible groundwater contamination and allowing optimal recycling of water on site. “Recent international studies suggest that up to 28% of nitrates[1] from traditional ammonium nitrate fuel oil (ANFO) explosive can leach into water draining through underground mine workings during a blasting campaign,” said

  • Ivanhoe Mines announces what could prove to be Africa’s most significant copper discovery at Kakula on the Kamoa Copper Project in the Democratic Republic of Congo

    Ivanhoe Mines announces what could prove to be Africa’s most significant copper discovery at Kakula on the Kamoa Copper Project in the Democratic Republic of Congo Massive, flat-lying, shallow, chalcocite-rich core  of the Kakula Discovery zone expanded to more than three kilometres in length – and still remains open in both directions Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN), and Lars-Eric Johansson, Chief

  • Asian Mineral Resources to acquire Kasbah Resources

    Asian Mineral Resources to acquire Kasbah Resources

    Kasbah Resources Limited (ASX:KAS) and Asian Mineral Resources Limited (TSX-V: ASN) are pleased to announce that they have entered into a Scheme Implementation Agreement pursuant to which Asian Mineral Resources will, if implemented, acquire all of the ordinary outstanding shares of Kasbah by way of a scheme of arrangement under the Australian Corporations Act. The Board of Kasbah has unanimously recommended that all Kasbah shareholders

  • Ausdrill awarded additional works with Perseus

    Ausdrill awarded additional works with Perseus

    Diversified mining services company Ausdrill Limited (ASX: ASL) will build on its long-standing relationship with Perseus Mining, with its wholly owned subsidiary, African Mining Services (AMS), being awarded a contract for additional works at the Edikan Gold Mine in Ghana. The additional works will generate approximately US$120 million (AUD$157 million) in revenue over a 42 month period, with mining expected to commence in September 2016.

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