Caterpillar Inc is all set to increase its investment in the Griffin facility. They will create 200 jobs in Spalding County with their investment of $ 120 million. The money will be spent on machinery, equipment, and upgrades to the existing facility as per Governor Nathan Deal.
The price of mining truck tyres is now higher than the price of certain new luxury vehicles. The huge demand from China has tripled the price of Caterpillar mining truck tyres. The current price of mining truck tyres could even buy you a condominium in the U.S.
The NanoSteel® Company, a leader in coating technologies, today announced the launch of its Guardian™ CF hardband for application on drill pipe tool joints.
Australian Treasurer Wayne Swan said on Tuesday that the investment needs and demand for capital for the country are set to grow proportionately with the resources boom. For this reason Australia will have huge opportunities for foreign investment. The Treasurer was speaking to the International CEO Forum in Canberra.
By doubling its fleet of driverless trucks at its iron ore mining operations in the state of Western Australia, Rio Tinto will increase its production to 333 million tonnes annually by the end of 2015. The haul trucks are to be deployed in the largest mine site in the Pilbara region at Yandicoogina.
Along with the boom in the Australian mining industry has come an increased stress on plant and equipment. Delays of up to two years on new equipment orders mean that many companies don’t have the option of retiring machines – many are now be required to work well past what would otherwise be considered their serviceable life.
Quia Resources has mobilized two drill rigs to its San Lucas property that is situated in Colombia for the preliminary diamond drill program totaling 5,000 m.
FEI (NASDAQ: FEIC) and Whiting Oil and Gas Corporation, announce the purchase of QEMSCAN® automated petrography and Helios NanoLab™ DualBeam™ technology for Whiting’s new rock lab in its Denver, Colorado headquarters.
The NanoSteel® Company, a leader in coating technologies, today announced results from an overlay wear plate application on a mining haulpak truck which has increased service life by a factor greater than four and resulted in significant operating cost savings and increased revenue for a mining customer.
Sentry Petroleum has inked the final agreement with Depco Drilling to supply a drilling rig and workforce for its future coal seam gas drilling campaign in ATP 862 and 864 in Queensland Australia.
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