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Recent News Stories

  • LOESCHE is involved in the extension of the largest cement works in Nigeria with two vertical roller mills

    LOESCHE is involved in the extension of the largest cement works in Nigeria with two vertical roller mills

    LOESCHE is contributing to the new cementproduction line of the Dangote Cement plant in Obajana in Kogi State, Northern Nigeria with the delivery of two vertical roller mills (VRM). With a total capacity of more than 12 million tonnes/year, this plant, owned by the leading cement producer in West Africa, is currently not only the largest cement plant in Nigeria but also the largest cement

  • Intermat 2018: DEUTZ presents first off-highway hybrid drive

    Intermat 2018: DEUTZ presents first off-highway hybrid drive

    110 kW DEUTZ hybrid drive offers cost savings and environmental benefits New in-line engines with a capacity range from 9 to 18 litres DEUTZ Connect app offers remote engine diagnosis via smartphone DEUTZ will be exhibiting its first off-highway hybrid concept at the Intermat international exhibition for construction and infrastructure between 23 and 28 April 2018. Combining a TCD 2.9 diesel engine and a 55

  • Massive royalty increase an economic disaster for the Territory

    Massive royalty increase an economic disaster for the Territory

    This morning the Northern Territory Government announced major changes to the Territory’s mineral royalty regime delivering a massive increase in royalties for mining projects. “This massive royalty increase will be an absolute disaster for the Northern Territory economy,” said Warren Pearce, Chief Executive Officer, Association of Mining and Exploration Companies (AMEC). “This decision immediately threatens the viability of $6 Billion of new mining projects, that

  • Weir announces US$1,285m acquisition of ESCO Corporation and intention to sell Flow Control Division

    Acquisition of ESCO, the global market leader in surface mining Ground Engaging Tools (GET) Weir has entered into a binding agreement to acquire ESCO Corporation (“ESCO”), a US company based in Portland, Oregon, for an equity value of US$1,051m and an estimated enterprise value of US$1,285m.  ESCO is the global market leader in highly engineered GET for surface mining and construction. ESCO is a global

  • DMT expands its business to raw materials for electric mobility

    DMT expands its business to raw materials for electric mobility

    The German company is supporting Rock Tech Lithium Inc. in the development of the Georgia Lake Lithium project in Canada. DMT is expanding its activities in the field of raw materials and raw material supply for electric mobility. The technology service provider is currently supporting the Canadian exploration company Rock Tech Lithium Inc. in the development of the Georgia Lake lithium project, with the aim

  • De Beers Group to pilot programme to support formalisation of artisanal and small-scale diamond mining and trading

    De Beers Group today announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim of purchasing rough diamonds from approved locations while helping improve working conditions and livelihoods

  • PDAC 2018 Convention exceeds 25,000 attendees

    Attendance at the Prospectors & Developers Association of Canada’s (PDAC) 2018 Convention totalled 25,606—a clear sign that the mineral exploration and mining industry has regained its swagger and is building momentum. The annual PDAC Convention in Toronto—the world’s premier mineral exploration and mining convention—attracted investors, analysts, mining executives, prospectors, geologists, Indigenous peoples, government officials, and students from over 125 countries. “This year’s convention was full

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