The Top 10 Potential Takeover Candidates in the Mining Industry

M&A was very robust in 2009 and will only accelerate over the next several years as the fiat money house of cards is falling down, making gold and silver miners eager to make deals while they are still affordable. The following is a list of several big acquisitions that took place in 2009 and Q1 [...]

Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story

Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]

Dragflow Introduces New Mining Pump

Dragflow electric pumps line has grown with a new model especially designed for the mining market. The new pump, called EL25S, is an evolution of the well-known model EL25, widely used in the mining industry. It has an empowered engine and a specific impeller in order to be able to handle mixture with a very [...]

SA has to explore options to promote mining – Finance Minister

South African Finance Minister Pravin Gordon on Tuesday called on government departments for sectoral and financial coordination, saying that the country had to explore options for promoting the development of the mining industry. The mining sector displayed the first signs of recovery in the country’s economy, which is its first recession since 1992, with production [...]

KSW-2000E: A New Generation of Longwall Shearers

Dynamic restructuring in the Polish mining sector and requirements of the global mining industry have contribute to new challenges for mining machinery manufacturers, including producing more efficient and reliable longwall systems. The KSW-2000E longwall shearer is a recent development of ZZM, part of the Kopex Group. Global shearer manufacturers are required by end-users to enhance [...]

SA power tariff increases to lead to more mining job losses – union

South Africa’s power utility Eskom’s planned tariff increases of at least 45% a year over the next three years, could lead to a second wave of widespread retrenchments in the country’s mining industry, trade union Solidarity warned on Friday. “There are already indications that marginal gold producers such as DRDGold and Simmer & Jack will [...]

Clashing views on how treated mine water should be used

Acid mine drainage (AMD) and, more specifically, a solution to AMD, have developed into a hot debate since the first decant of this toxic water became evident in 2002. AMD has been described as one of the most serious and potentially enduring environmental problems for the mining industry and, if left unchecked, could result in [...]

Laws reducing South African mining to ‘stunted giant’ – Peter Leon

South Africa should emulate rising stars Ghana and Botswana by removing excessive administrative discretion from its mining laws, which were reducing its mining industry to a "stunted giant", International Bar Association (IBA) mining law committee chairperson Peter Leon said in Madrid on Tuesday. Leon told the international conference that Ghana’s mining laws had been depoliticised [...]

Laws reducing SA mining industry to ‘stunted giant’ – Peter Leon

South Africa should emulate rising star Ghana and Botswana by removing excessive discretion from its mining laws, which had turned the country’s mining industry into that of a "stunted giant", International Bar Association (IBA) mining law committee chairperson Peter Leon said in Madrid on Tuesday. Leon told the international conference that Ghana’s mining laws had [...]

First Zaruma gold for Dynasty in Ecuador

In what has been described as a "significant moment" for Ecuador’s mining industry, the first gold has been poured at a new gold processing plant in the country. Situated at Zaruma in the El Oro Province in the south-west of Ecuador and managed by Dynasty Metals & Mining, the facility created its first dory bars [...]

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