by Gordon Barratt | Feb 16, 2022 | News
Major contractor signs deal to use Sandvik’s advanced automation system with surface drills in Australia A leading mining services provider will put Sandvik’s AutoMine® Surface Drilling solution to work at a mine in Australia, with the AutoMine®  system to be...				
					
			
					
				
															
					
					 by Gordon Barratt | Feb 16, 2022 | News
2021 was a terrific year for the company, Glencore CEO Gary Nagle said when he reported record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $21.3-billion, a record marketing performance Ebit of $3.7-bilion, and a...				
					
			
					
				
															
					
					 by Gordon Barratt | Feb 16, 2022 | News
The Queensland Government’s Collaborative Exploration Initiative (CEI) has handed 13 companies the opportunity to develop the state’s “next wave of resources jobs” in new economy minerals. The sixth round of the CEI opened in November 2021 and offered a...				
					
			
					
				
															
					
					 by Gordon Barratt | Feb 16, 2022 | News
Bulk carrier unloading iron ore in the chinese port Zhangjiagang. Image: Shutterstock/ambient_pix The iron ore price has dived $US10.5 per tonne (/t), as China’s trade regulators moved to cool the recent rally to five-month highs above $150 ($AUD209). After steadily...				
					
			
					
				
															
					
					 by Gordon Barratt | Feb 16, 2022 | News
CBC’s expert on Mechanical Drive Systems and Belt Drives, Steve Hittmann, said that CBC always has its ear to the ground to understand and cater to evolving customer needs. To that end, Hittmann noted that the Gates range of high-performance belts for...				
					
			
					
				
															
					
					 by Gordon Barratt | Feb 15, 2022 | News
The dirtiest fossil fuel is still raising-trillions of dollars of funding, despite finance industry pledges to back net zero carbon targets by the middle of the century. Commercial banks have channeled more than $1.5-trillion across the coal supply chain since the...