Mining Industrials

Latest News for: Mining industrials

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EXPLAINER-How South African mines cope with power cuts

This is Money 18 Feb 2019

JOHANNESBURG/LONDON, Feb 18 (Reuters) - South African utility Eskom imposed the worst power cuts in several years on homes and businesses last week, conjuring up memories of the 2008 crisis when the grid nearly collapsed and cost the mining industry billions in lost output....

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Cullinan hopes for bigger, better diamonds

Business Day 18 Feb 2019

The London-listed miner, which acquired Cullinan from industry leader De Beers, borrowed heavily to revamp the facility and began mining a new section of ore last July....

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Petra Diamonds adjusted core profit falls, appoints Duffy as CEO

This is Money 18 Feb 2019

... it had appointed industry veteran Richard Duffy as its new chief executive officer ... Duffy, who has spent 27 years in the industry, is also a co-founder of AEMP, an energy business targeting industrial and mining clients in sub-Saharan Africa....

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Bitmain announces next generation 7nm ASIC chip for SHA256 mining, delivering breakthrough energy efficiency

Market Watch 18 Feb 2019

Bitmain's innovations enable anyone, anywhere to mine and benefit from cryptocurrencies ... Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the Antminer brand. The company also operates the largest cryptocurrency mining pools worldwide—Antpool.com and BTC.com....

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Goa govt has to find solution for mining resumption: Manohar Parrikar

Moneycontrol 18 Feb 2019

"The chief minister said the solution for the mining crisis should be worked out by the state government ... The mining industry in Goa came to a standstill after the apex court quashed renewal of 88 mining leases in February 2018. Thousands of Goans are dependent on mining, one of ......

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Petra Names New CEO to Drive Turnaround

Diamonds Net 18 Feb 2019

Petra Diamonds has appointed mining veteran Richard Duffy CEO, in an effort to return the company to positive cash flow and lower debt ... Duffy has worked in a variety of positions in the mining industry for 27 years ... “Richard has extensive experience in both open-pit and underground mining,” Petra said....

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Mount Qilian National Park to be set up in 2020

China Daily 18 Feb 2019

Besides, areas where the ecosystem is fragile or damaged, and areas left behind by industrial and mining enterprises need to be protected and repaired. The mountains are known for their natural resources, hence the abundance of mines. Mining is often seen as a fast way to make money....

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Vinachem to withdraw from loss-making mining project in Laos

The Saigon Times 18 Feb 2019

On May 15 last year, the Ministry of Industry and Trade requested Vinachem to terminate the potassium salt mining and processing project in Laos and determine the capital it had injected into the project, along with the costs that arose, following its withdrawal....

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School of Mines developing cutting-edge drone technology | The Sacramento Bee

Sacramento Bee 18 Feb 2019

South Dakota School of Mines students are working on some drone technology that could potentially protect lives and impact the agriculture industry....

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School of Mines developing cutting-edge drone technology

Idaho Statesman 18 Feb 2019

South Dakota School of Mines students are working on some drone technology that could potentially protect lives and impact the agriculture industry....

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Tata Steel sells indirect subsidiary Black Ginger

The Times of India 18 Feb 2019

Black Ginger has stake in an iron ore mine in South Africa ... IMR Asia Holding Pte Ltd is a group company of IMR Metallurgical Resources AG (IMR), a global metals and mining group headquartered in Switzerland, and a leading supplier of raw materials to the steel industry....

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Gold Fields determined to turn around its troubled South Deep

Independent online (SA) 18 Feb 2019

Last year, the mine retrenched 38 percent of its employees to 2 460 from 3 983 in and a quarter of contractors to 1 725 from 2 294 ... The struggling industry has seen two mergers, including Newmont Mining and Barrick Gold, which created the world’s top producer by volume....

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Cytec Industries Inc. files patent infringement lawsuit in China against Beijing Tiangang Auxiliary Co., Ltd.

Market Watch 18 Feb 2019

The GBU innovates, manufactures and delivers sustainable solutions to its customers in the mining, agriculture, agrochemicals, automotive, electronics and industrial markets, among others ... It generated pro forma net sales of € 10.9 B in 2016, with 90% coming from activities where it ranks among the world’s top 3 industry leaders....