FLSmidth wins material handling contract in Vietnam

Filed under: uonpkbjw — Tags: , , , , , , , , , — admin @ 4:27 am September 24, 2019

first_imgFLSmidth has signed a contract worth some $40 million with state owned LILIAMA Vietnam Machinery Installation Corp for the supply of a coal handling facility, including ship unloading and storage facilities with a capacity of 400,000 t, for a coal-fired power plant owned by Vietnam Oil and Gas Group (PetroVietnam). The plant is located in Ha Tinh province, approximately 400 km south of Hanoi. The scope of the contract includes complete engineering, design and supply of all key components as well as supervision of erection and commissioning. Among the equipment is approximately 8 km of conveyors.    “Vietnam is a well-known market to FLSmidth and we have delivered numerous material handling solutions to various industries in the country over the past decade. This contract therefore further strengthens FLSmidth’s presence and position in the region,” Group CEO Jørgen Huno Rasmussen comments.last_img read more

WGC significant untapped growth potential exists in the Chinese gold market

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first_imgChinese demand for gold is set to double in tonnage terms within just ten years according to the latest World Gold Council (WGC) publication, Gold in the Year of the Tiger. Chinese gold consumption was worth more than $14 billion in 2009 – equivalent to 11% of global demand. The report shows that over the past five years, demand for the metal has increased at an average rate of 13%/y in China.WGC’s key findings were:Chinese consumption intensity lags other major markets substantially. If gold were consumed in China at the same per capita rate as in India, Hong Kong or Saudi Arabia, annual Chinese demand could increase by 100 to 4,000 t in the jewellery sector aloneTotal gold investment demand in China has grown in line with the country’s GDP and population during this period and WGC expects this trend to continue going forwardWhile China is the world’s sixth largest official holder of gold, its gold reserves currently account for less than 2% of total reserves and, therefore, remain low by international standards. Even adding 10% from its current level would translate to an additional 100 t of gold offtakeWhile gold demand is accelerating, WGC expects Chinese supply growth to be challenging in the medium to long term; and is likely to decline in the futureDuring the last decade, Chinese gold mining producers have stepped up gold production by 84%, however its known reserves account for just 4% of total known global reserves. Assuming these figures are correct, WGC estimates suggest that China could exhaust its known gold mining reserves in six years from nowThis supply trend is only likely to reverse if China, which is still relatively undiscovered in terms of global exploration budgets, were to attract significant capital investment for exploration.Marcus Grubb, Managing Director, Investment at WGC: “The excitement generated by the Chinese economic growth story is not new. However, clarifying the impact of China’s GDP growth trajectory on the outlook for the Chinese gold market has been elusive – until today.“Now one of the world’s largest economies, China has already rapidly become a prominent gold market. However, our analysis confirms that significant untapped growth potential exists in the Chinese gold market. In China, if gold demand continues to accelerate and becomes more comparable with other major markets, WGC expects it to double in tonnage terms within the next decade, which would represent annual gold demand of approximately $29 billion at year end 2009 average prices.”Eily Ong, Investment Research Manager at WGC and author of the report, said: “Our analysis confirms the potential for an increasing imbalance in supply and demand in China. Gold demand has already outpaced Chinese production growth since 1992, even before the deregulation of private ownership a decade later. However, our analysis shows that if gold demand were to continue to increase so markedly, domestic supply would be unable to keep pace. Whatever the outcome, China’s outlook will almost certainly have implications for the global gold market.”The report provides an outlook for all aspects of gold’s supply and demand fundamentals in China. For a copy follow this link: For a summary of the report please contact: gold@capitalmsl.comlast_img read more

Bateman Beijing Axis – a Chinafocused global procurement house

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first_imgBateman Engineering and The Beijing Axis China Sourcing Unit have formalised the Bateman Beijing Axis, a  procurement business that will assist firms on a global basis benefit from the optimised cost-effectiveness, delivery times and quality available when sourcing from China for capital projects, equipment and commodities. At the same time, the company also supports Chinese firms that are looking at global sourcing. The Bateman Beijing Axis, established as an equity joint venture (JV) between the two parties, provides services in three areas:Procurement from China for Bateman Engineering’s projects across the globe;Procurement for independent external clients across the globe and predominantly in the mining and resources; industrial, manufacturing and engineering; and power and infrastructure sectorsBulk commodity procurement, marketing and trading on behalf of both bulk commodity producers and users.Services are supplied across the supply chain – from procurement needs analysis; supplier identification, evaluation, pre-qualification, selection and negotiation; contract management; QA/QC; expediting and logistics.  In addition, services are available for the sourcing of standard off-the-shelf equipment right through to procurement that may require intricate project management, complex, technical design and engineering, and product development and testing.“Bateman Beijing Axis brings together the complementary skills and knowledge of both entities to create a unique source of expertise available to clients on a global basis”, says Chief Executive Kobus van der Wath. Executive Chairman of Bateman Engineering, John Ferreira commented: “The combination of Bateman Engineering’s project management, leading process engineering and overall technical capability with The Beijing Axis’s extensive China sourcing experience and knowledge, is further enhanced by both entities’ established networks, supplier databases and execution track record.”Both have been independently providing China sourcing services for the past eight years, resulting in a comprehensive and tested sourcing capacity. Since its inception in early 2009, Bateman Beijing Axis has already developed a significant procurement project track record in its own right in the areas of large complex capital projects, equipment and consumables, strategic raw materials, components, finished goods and services.Bateman Beijing Axis has a multinational management and staff contingent, made up of qualified engineers, senior sourcing consultants and mining specialists – all with recognised China knowledge and sourcing experience.  The firm works with international clients from its offices worldwide in China, India, Australia, Russia and South Africa. The Executive Chairman of Bateman Engineering, John Ferreira, serves as the Chairman of Bateman Beijing Axis, while the Founder and Group Managing Director of The Beijing Axis, Kobus van der Wath, is the Chief Executive of the JV company.The Beijing Axis is a cross-border business bridge to/from China in three principal areas: Strategy, Sourcing and Investment. Since its establishment in 2002, the company has successfully worked with many international and Chinese MNCs across various sectors and industries, with a core focus on the Chinese mining and resources sector and on China’s burgeoning industrial and engineering sector. Its work is always cross-border – supporting international firms as they act in unfamiliar territory in China, or supporting Chinese firms as they venture out and ‘go global’. It is organised along three synergistic cross-border China businesses: the China Strategy Group, the China Sourcing Unit and China Capital Advisors. TBA China Sourcing Unit is the entity involved in the JV, whereas TBA China Strategy Group and TBA China Capital Advisors will continue as before.last_img read more

GIW announces online slurry pumping course with USF Polytechnic Florida and Phosphate

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first_imgGIW Industries, a leader in the design, manufacture and application of heavy-duty, centrifugal slurry pumps, announces the availability of a new Web-based course: Slurry Pumping – Web Training Course. The course will teach proven methods to maximize performance and efficiency in slurry pumping. A joint offering by GIW and the USF Polytechnic Florida Industrial and Phosphate Research Institute (FIPR Institute), the course will cover major findings of the FIPR Institute’s slurry pumping research projects and builds on GIW’s training and industrial experience with pump systems. Topics covered in the course are applicable to mine managers, engineers, pump designers, operators and maintenance technicians, enabling them to sharpen their skills and improve their technical competence.The participant-driven, self-paced course is available 24/7 and consists of six modules covering the following topics: Slurry Pumping Basics, Testing and Evaluation of Slurry, Cavitation, Modeling, Field Work and Maintenance.Because the course is offered through the FIPR Institute and accredited through USF Polytechnic, Florida Professional Engineers can receive six Professional Development Hours (PDHs) for completion; other participants will also receive a certificate of completion.To receive PDHs or certification, participants must complete six hours of online study and pass the final test with a score of 80% or higher. USFP will submit PDHs to the Florida Board on behalf of Florida Professional Engineers. Participants from other states may also submit their certification to their state boards for appropriate credits.Instructors for the course will be expert resources from GIW, including: Graeme Adie, P.E., MIE GIW Senior Consultant; Reab Berry, GIW’s Director of Business Development; Robert Visintainer, P.E., Vice President of Engineering; Lee Whitlock, Hydraulic Lab Manager; Roy Duvall, GIW Technical Manager; and Dr. Anders Sellgren, Professor of Water Resources Engineering in Sweden.The cost of the course is $1,600 per person, which includes access to the online training modules, printable reference materials, instructor access via email, and PDHs through USF Polytechnic. For additional information or to register, please visit or call Anna Dunn at 863-534-7160.last_img read more

Surface subsidence effects of coal mining detailed in new DEP report

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first_imgThe Department of Environmental Protection (DEP) has released the fourth in a series of ongoing reports detailing the effects of surface subsidence related to underground bituminous coal mining in Pennsylvania. The report, prepared by the University of Pittsburgh, addresses the effects of mining in Armstrong, Beaver, Cambria, Clearfield, Elk, Greene, Indiana, Jefferson, Somerset and Washington counties.“This report provides vital information about the significance of bituminous mining on Pennsylvania’s landscape,” DEP Deputy Secretary for Active and Abandoned Mine Operations John Stefanko said. “We will use this information to evaluate the effectiveness of our mining program and consider ways to enhance the program in the future.”The report, mandated by Act 54, details the amount of structures, water supplies and streams undermined during a five-year assessment period. It also provides an overview of the type of effects to surface structures and surface features, as well as information on how long it took to resolve those issues. Three previous Act 54 reports covered 1993 through 2008.According to the report, there were 46 underground coal mines active during the reporting period beneath 31,343 acres of land, an 18% decline in the amount of land undermined during the previous five-year assessment period. In total, there were approximately 1,250 different “effects,” or incidents reported to DEP during this most recent five-year period by its staff, coal companies or land owners.Other findings of the report include:• Since the last assessment, DEP has been able to identify more than double the amount of pre-mining wetland acreage due to improved techniques.• Continued study is warranted to assess wetland mitigation sites, if required, to make sure that the sites achieve proposed functionality.• Total biological scores, a measure of the insect life, show improvement over time at sites impacted by flow loss.• Gate cut mitigation, a method of leveling-out land that has experienced subsidence, has emerged as a successful tool to restore streams to their pre-mining condition.• A technical guidance document, titled Surface Water Protection – Underground Bituminous Coal Mining Operations, which was put in place in 2007,has improved the way DEP quantifies and interprets impacts to surface waters.• DEP has increased the amount and type of data required to make permit decisions related to mining activities• Data management and storage must be enhanced and standardised in order to efficiently enforce the requirements of Act 54 and its implementing regulations.The report was prepared by the University of Pittsburgh’s Departments of Biological Sciences, Geology and Planetary Science, Civil and Environmental Engineering. The University was selected to conduct the study because it employs faculty and research staff with the expertise to review all aspects of the effects of mining-related subsidence. Representatives from the university will present their findings to DEP’s Citizens Advisory Council during an upcoming meeting. The meeting is public, and a date will be posted to DEP’s online calendar in the near future.Act 54 was passed in 1994 and requires DEP to assess the impacts of underground bituminous coal mining on surface features. It expanded the list of structures for which mine operators were liable and held deep mine operators legally responsible for mining-related impacts to water supplies for the first time in Pennsylvania’s history. The report illustrates the subsidence potential for active mines. Abandoned mines also pose a danger, so it is important for those owning property above abandoned underground mines to insure themselves and their belongings against subsidence-related damage.DEP offers Mine Subsidence Insurance (MSI) to residents owning property above abandoned mines. “Mine subsidence insurance is as affordable as ever, costing about 26 cents a day to insure homes, businesses and other structures. Currently, there are 58,146 MSI policies that cover approximately $ 10.34 billion in property.”last_img read more

Agnico Eagle Amaruqs Whale Tail Zone expands and infills

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first_imgAgnico Eagle Mines has reported additional results from the 2015 Phase 1 exploration program at the Amaruq gold project in Nunavut, northern Canada.  The company last reported results from this project in its news release dated April 30, 2015. Drilling at Amaruq has filled in the gap under Whale Lake with significant gold grades and good widths – Drilling at Whale Tail under Whale Lake continued to intersect high-grade gold over significant widths, including 19.8 g/t Au (capped) over 5.0 m at 130 m depth (hole AMQ15-187), and 15.9 g/t Au (capped) over 14.6 m at 126 m depth (hole AMQ15-181)A newly-found gold structure has been confirmed north of Whale Tail deposit at Amaruq – new mineralised structure approximately 100 m north of the Whale Tail deposit, including 6.1 g/t Au (capped) over 4.0 m at 284 m depth and 9.7 g/t Au (capped) over 3.8 m at 306 m depth (hole AMQ15-177).Sean Boyd, Chief Executive Officer:  “At Amaruq, the drilling shows good potential to infill and expand the current resource at Whale Tail, and we continue to encounter new zones of mineralisation which may increase the resource over time.”Agnico Eagle has a 100% interest in the Amaruq project.  The large property consists of 114,761 ha of Inuit-owned and Federal crown land, some 50 km northwest of the Meadowbank mine – Nunavut’s only gold mine.  In February 2015, the company announced an initial Inferred Mineral Resource containing 1.5 Moz of gold (6.6 Mt at 7.07 g/t Au) at the project.More than 102 holes (27,750 m) of the first phase 2015 Amaruq drill program were completed as of May 31, 2015, when seven drill rigs were in operation on the project, with another three expected to be added by the end of June. Most of this drilling has been to fill the former gap in the Whale Tail deposit (under Whale Lake), which is now successfully completed to a depth of 200 m.  There has also been initial reconnaissance drilling at Mammoth Lake and the area between the R zone and Whale Tail.The most recent results continue to yield high-grade gold intercepts over substantial estimated true widths in the Whale Tail deposit.  To date the Whale Tail deposit has been defined over at least 1.2 km of strike length and extends from surface to more than 370 m depth.  It remains open at depth and to the southwest.last_img read more

Exeter leads €5 million research project to find essential new mineral deposits

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first_imgScientists from the University of Exeter will lead a ground-breaking new collaborative research project to discover crucial new deposits of essential raw materials across Europe. The pioneering team, including geologists from the Camborne School of Mines, will devise new, state-of-the-art techniques to expose previously unknown underground resources essential to the manufacturing of many ‘high-tech’ products.The four-year project, which has received a grant of €5.4 million from the European Union’s Horizon 2020 research and innovation programme, begins this month.At present, less than 3% of the supply of critical raw materials – which include rare earths, phosphate, and niobium – is sourced directly from Europe. However, experts believe that there is a wealth of as-yet unexplored deposits located across the continent, which could be successfully mined.The innovative new project will use mineralogy, petrology and geophysics techniques to create advanced exploration models to determine where the valuable minerals can be found.Prof Frances Wall, who is leading the project, said: “The pioneering new research that will be developed as part of this exciting project will give us unrivalled access to new locations for some of Europe’s most critical raw material deposits. We believe that the project will pave the way for Europe to become a world-leader in this specialist, but vital, area of mineral extraction, and crucially exploit them in an environmentally-responsible way.”The project team comprises of 12 partners, including five universities, staff from two national geological surveys and the Natural History Museum, London. Four industry partners will also garner world-leading expertise to develop and expand their businesses, transferring their expertise from Africa to Europe, as part of the project.  Other partners involved are GeoAfrica, the British Geological Survey, Terratec Geophysical Services, Lancaster Exploration Ltd (a subsidiary of Mkango Resources Ltd), A. Speiser Environmental Consultants, Geological Survey of Denmark and Greenland as well as the Universities of Tübingen, St Andrews, G. d’Annunzio and Mendel in Brno.Studies will take place at seven natural laboratories, combined with Expert Council workshops.Wall added: “We believe that this is the largest research project on carbonatites and alkaline rocks ever undertaken. It is a tremendously exciting opportunity to garner lifetimes worth of expertise from the world’s experts, which we will do through a series of expert council workshops and fieldtrips.”The project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement number 689909.last_img read more

Komatsu and Joy Global CEOs talk commitment to mining innovation at MINExpo

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first_imgLast week Tetsuji (Ted) Ohashi, President and CEO of Komatsu Ltd, and Ted Doheny, President and CEO of Joy Global Inc, met in Las Vegas. Both companies had a major presence at this year’s show. In July the two companies announced an agreement in which Komatsu will acquire Joy Global. During their meeting on September 26, Ohashi and Doheny reaffirmed their commitment to pursue new innovations that drive customer benefits after the acquisition is complete. The companies are working to finalize the transaction by mid-2017.“Our customers are sharing very positive feedback about the agreement. Some have approached us at MINExpo to congratulate us on our decision,” Ohashi said. “We are working closely with Joy Global and relevant authorities to move the process forward.”Doheny agreed, noting industry recognition of the complementary nature of the two companies’ product and service offerings.“Many of our customers and other business partners see the benefit of combining companies: a broader offering of products, systems and solutions across a wider scope of mining and construction applications,” Doheny said. “Both companies believe in having the best products, direct service, being operationally excellent, and having the best people in the world.”Joining Joy Global with the Komatsu Group will offer several benefits to customers, including:A broader line of industry-leading mining and construction equipment for drilling, earthmoving, loading and hauling systems and solutions for both underground and surface mining. Joy Global’s rope shovels, for example, pair well with Komatsu’s large electric dump trucksEnhanced global customer support through the companies’ mutual commitment and expertise in direct sales and service directly connected via embedded personnel in the mines, and electronically connected with world class fleet management systems.“The synergistic collaboration between the companies will drive our innovation and enhance our capacity to provide quality products and solutions that improve the safety and productivity of mining operations,” Ohashi said. “We will together strive to become an even better, more invaluable partner for our customers.”“The combination of two worldclass companies offers exciting opportunities to enhance and expand the solutions and services we provide customers,” Doheny said. “With strengthened capabilities and a continued focus on solving our customers’ toughest challenges, we look forward to working together to advance the mining industry.”Interestingly, there is little overlap in the mining product line-up of the two companies.last_img read more

thyssenkrupp mining system with barracuda bucketwheel excavators ordered for Mae Moh

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first_imgthyssenkrupp Industrial Solutions, a leading partner for the engineering, construction and service of industrial plants and systems, has signed a contract to supply a large-scale continuous mining system to Italian-Thai Development PLC (ITD). ITD is Thailand’s leading integrated construction firm with wide experiences and expertise in construction activities. The mining system, including two newly developed barracuda bucket wheel excavators, will be used to remove overburden at the Mae Moh lignite coal mine in Northern Thailand. It is due to go into operation in spring 2020.Torsten Gerlach, CEO of the Mining Technologies business unit at thyssenkrupp Industrial Solutions: “The barracuda compact bucket wheel excavator is one of our recent innovations for the mining industry. We are pleased to see this new technology supporting ITD’s future open-pit operations, contributing to a more efficient and cost-saving environment. As with all our mining solutions, this builds customer value by increasing yields while minimising impacts.”Mae Moh mine is the largest open-pit lignite mine in Southeast Asia. It is located some 600 km from Bangkok, in Lampang province in the north of Thailand. The new mining equipment, with capacities of up to 18,000 t/h, will be used to remove, convey and dump overburden. Two barracuda compact bucket wheel excavators with belt wagons and hopper cars will be supplied by thyssenkrupp, as well as two spreaders with tripper cars. Within the scope of the order thyssenkrupp will take care of engineering, procurement, construction and commissioning of the continuous mining system.“Thanks to its continuous operation the new mining system will help reduce both operating costs and environmental emissions at the Mae Moh mine. This is made possible by the use of two barracuda bucket wheel excavators that are able to work in hard material layers. Combined mining and loading of material by a single machine eliminates the need for blasting and separate loading operations.”last_img read more

Dingos new Denver Asset Health Centre to improve predictive maintenance coverage

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first_imgDingo Software, a leader in providing predictive maintenance solutions to asset-intensive industries, has opened up its new Asset Health Centre in Denver, Colorado.The modern, purpose-designed facility will provide operations with asset health coverage 24 hours a day, seven days a week, Dingo says.“From a sophisticated control room, Dingo analysts will monitor equipment condition, using a proprietary predictive analytics platform enriched with decades of maintenance expertise, to identify impending issues and then prescribe the corrective maintenance actions for immediate resolution,” the company said.“This actionable intelligence will dramatically improve decision-making and could be the difference between an inexpensive repair and a catastrophic breakdown costing millions in parts and productivity losses.”Currently managing over $12 billion worth of heavy equipment across six continents, the new centre, combined with its facility in Brisbane, Australia (pictured), will provide operations with a convenient, cost-effective way to monitor and maintain equipment, according to the company.Dingo CEO Paul Higgins said the Denver team will be able to serve customers remotely using its award-winning, cloud-based predictive maintenance software, Trakka®, and team of Condition Intelligence™ experts. “Right now, around 250 different operations globally are capitalising on Dingo’s remote Asset Health services,” he said.Safety is another major benefit Dingo will deliver to these operations, according to Higgins.“When people work on a site they’re exposed to inherent dangers, so being offsite and working from a remote centre is advantageous,” he said. “And well-maintained equipment is always safer. It’s an issue that Dingo and its customers take very seriously.”Other benefits include access to subject-matter expertise: “Dingo’s team of analysts has deep domain expertise in a range of fields.” Higgins said. “We have people with fixed plant, mobile, and underground experience; experts who understand trucks, shovels, drills—as well as a range of condition monitoring technologies.”It would be an extremely expensive endeavour for one customer to find, and hire, an equivalent team of experts, according to Dingo.“We can deliver the right expertise at the right time to help with the right issue,” Higgins said.Dingo also provides clients with access to its proprietary equipment health database.“We have one of the largest databases of asset health information in the world,” Higgins said. “Even when a customer has its own in-house team, they may only have access to the data they have generated. With over 25 years’ worth of asset performance data, we know what good looks like and, when equipment is underperforming, we know how to fix it.”He added: “We’ve developed the unified platform specifically to enable access across multiple mining operations. An example is the senior management asset performance dashboard, which provides a comprehensive view of fleet health to ensure mines are operating at peak performance.”Ultimately the Asset Health Centre doesn’t function as a complete outsourcing option, according to Dingo.“Some customers take more of the workload on themselves, others don’t have the resources and want to move quickly so they bring us in,” Higgins said. “We don’t replace the customer’s team, we help them. We filter the noise and streamline decision-making, so they can focus on other, more pressing issues.”Dingo is expanding the use of practical machine learning models in its Trakka predictive maintenance software with two new releases next year.last_img read more

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