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Unprecedented price, currency volatility to test mining companies—E&Y

Thursday , 23 May 2013
As supply and demand approaches equilibrium in many commodities, longer lead times in changing supply are leading to over and under corrections, causing more price volatility, says Ernst & Young.

Latest versions of Micromine and Geobank software launched

Thursday , 23 May 2013
New versions. incorporating many new features, of the Micromine and Geobank geological data management and exploration and mine design software programs, have been launched

New generation Sandvik Mining trucks move into field evaluation phase

Wednesday , 22 May 2013
Testing of Sandvik’s new 51t and 63t capacity u/g mining trucks is proceeding well and some details from the initial test results at Mittersilltungsten mine in Austria are noted.

Large pipe flowmeter installed at Cuajone copper mine

Wednesday , 15 May 2013
In an area where water is scarce, precise measurement of water flows is particularly important and CIDRA Mineral Processing has successfully installed a measurement system on a 1.22m diameter pipeline at the Cuajone copper mine in Southern Peru

U.S.patent awarded for Western Lithium’s lithium extraction process

Thursday , 09 May 2013
Patent awarded for process for separation of lithium and potassium compounds from lithium-containing materials, primarily ores such as hectorite and other lithium-rich clays.

New software system for mine security developed

Wednesday , 08 May 2013
A multi functional software system to aid mine security staff has been developed by G4S for operatives and supervisors using smartphones

Aureus’ New Liberty gold project on track – ball mill ordered

Tuesday , 07 May 2013
Aureus Mining is on track for first gold production at its New Liberty property in Liberia and has placed the order for the ball mill for the project with NCP International.

Cat introduces its new 988K wheel loader

Thursday , 02 May 2013
The world’s largest manufacturer of construction and mining machines, Caterpillar, recently introduced its latest enhancement in its 988 series of wheel loaders – a class leader for 50 years.

New portable XRF analyser from Spectro Analytical

Wednesday , 01 May 2013

Greener underground mining - Electric vehicles leading the way

Friday , 26 Apr 2013
Much of the energy consumed in underground mining is attributed to loading and haulage, but a dramatic change is now in sight as mines move from diesel powered to electric powered LHDs and trucks.

Outotec reports stronger than expected Q1 orders

Friday , 26 Apr 2013
The Finnish mining technology company said Friday Quarterly orders rose 15 percent to 491 million euros ($638.59 million) during the period.

Rio Tinto’s driverless trucks move 100 million tonnes

Wednesday , 24 Apr 2013
The 100 million tonnes includes material from the West Angelas, Yandicoogina and more recently the Nammuldi operations in the Pilbara.

Haber brings ‘green’ gold processing technology to Arizona

Tuesday , 23 Apr 2013
U.S. headquartered research and development company. Haber Inc., has entered into an MoU with Logi Gold of Arizona to build a gold extraction plant using its ‘green’ technology which avoids using cyanide or mercury.

As CAT slashes 2013 outlook, CEO insists mining move a good one

Tuesday , 23 Apr 2013
"Our story right now is in mining and it’s really soft around the world," Caterpillar CEO Doug Oberhelman. "I’m hoping we’re at a floor in mining."

Siemens hybrid drive for trucks economically and environmentally attractive.

Monday , 22 Apr 2013
At the recent bauma 2013 construction and mining exhibition in Munich, German electrical giant,Siemens, showed trucks featuring its new eHighway hybrid drive system.

Spot Gold USD/oz	1,391.50	+2.11%
Spot Silver USD/oz	22.58	+1.66%
Spot Platinum USD/oz	1,455.50	-0.34%
Spot Palladium USD/oz	733.25	-1.21%
LME Copper USD/t	7,480	+1.30%
LME Aluminium USD/t	1,838	+0.16%
LME Nickel USD/t	15,165	+0.86%
LME Lead USD/t	2,054	+2.60%