Mining Infrastructure News

RSS

Caterpillar Beats Earnings Estimate Sees Good Growth in 2012

Caterpillar Inc., the world’s largest producer of construction and mining equipment, saw its fourth quarter earnings rise per share to $2.32 as compared to $1.47 last year.

From Caterpillar 30 Jan 2012

Outrage as Some Australian Miners Required to Buy Chinese Equipment

Australian mining companies are being asked to buy Chinese equipment as a pre-condition to exporting minerals. Contracts are said to specify that the companies buy specific, non-Australian manufactured equipment. This is being seen as an outrage by Australian manufacturers.

17 Jan 2012

LogiCamms Wins AUD$8.3 Million Rio Tinto Electrical Contract

LogiCamms has been chosen to conduct the initial phase of upgrade of electrical infrastructure at the Rio Tinto iron ore port assets in Western Australia.

11 Jan 2012

Cameco Finishes Second Shaft at Cigar Lake Uranium Mine

Cameco Corporation has announced the completion of a second shaft to reach the main mine at its Cigar Lake uranium mine. The final section of rock was removed on January 3, 2012.

From Cameco Corporation 4 Jan 2012

Castle Resources Completes Rehabilitation of Haulage Tunnel at Granduc Copper Project

Castle Resources has completed the 17 km long haulage tunnel rehabilitation, which links the Granduc mine location and the haulage road that leads directly to the port facilities in Stewart, B.C.

From Castle Resources Inc. 23 Dec 2011

Mining Now Employing 100,000 People in WA

Employment opportunities in the mining sector in Western Australia are growing steadily. The Australian Bureau of statistics has shown that total mining employment has hit 100,000 in the state and is likely to rise.

18 Dec 2011

Colt Resources Receives Mining Approval for Boa Fé Gold Project in Portugal

Colt Resources Inc. has announced that it has received formal notification from the Direcção-Geral de Energia e Geologia (DGEG), a division of the Portuguese Ministry of Economy and Innovation, that the Colt-AIOC Joint Venture application and contract for an Experimental Mining License on its 47 Km2 Boa Fé gold project has been approved by order of the Secretary of State for Energy and Mining of the Government of Portugal.

From Colt Resources Inc. 24 Oct 2011

President of Cote d'Ivoire Opens New Randgold Mine

The Honourable Alassane Ouattara, President of Cote d'Ivoire, today officially opened Randgold Resources' new Tongon gold mine in the north of the country. Also at the ceremony were the Minister of Mines, Oil and Energy Adama Toungara, a number of ambassadors and senior government officials from the Cote d'Ivoire as well as Mali and the DRC, and representatives of Randgold's international and African business partners.

From Randgold Resources (UK) Ltd. 24 Oct 2011

WWF Says Toxic Mining Disasters in Eastern Europe Waiting to Happen

The Worldwide Fund for Nature (WWF) has said that toxic mining disasters and industrial accidents are waiting to happen in Eastern Europe. Especially as after a year since the toxic mud spill in Hungary the European Union has been unable to pass any related legislation.

4 Oct 2011

BHP Says Mining Will Create 170,000 New Jobs Over Next 5 Years

BHP Billiton said that the resources industry in Australia will create many jobs over the next five years. They are expecting a demand for 170,000 workers to hit the industry nationwide providing ample job opportunities to the local communities.

From BHP Billiton Plc 29 Sep 2011