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Archive of posts tagged Mining

New Ground Breaking Method for Shaft Sinking to Significantly Lower Capital Outlay

May 2, 2011, JOHANNESBURG, (Coal Geology) – Mining may see a shift away from traditional drilling and blasting methodologies as African mining companies are rushing to fire up paused projects. A South African mine has developed an innovative method for shaft sinking by combining technologies for soft ground digging, drilling, blasting and raise-boring. This technique [...]

Metals & Minerals Industry Upbeat on $45 Billion Project Spending in 2011

April 11, 2011, SUGAR LAND, TX -(Coal Geology) - The March 2011 update of Industrial Info’s North American Industrial Project Spending Index shows that the Metals & Minerals Industry is up 10.17% year over year for the value of confirmed project activity. Currently, Industrial Info is tracking almost $45 billion worth of capital and maintenance projects [...]

Alcan Cable launches track resistant coverings to prevent damage to overhead line wire

March 29, 2011, ATLANTA, GA,(Coal Geology) – Alcan Cable, a business unit of Rio Tinto, introduces a new family of track resistant coverings for its aluminum overhead line wire products that protect the conductor from electrical degradation as a result of contact with trees.  These special track resistant cables are used where frequent tree contact [...]

Anooraq maintains production levels through challenging quarter, returns mine to operating profit

March 25, 2011, VANCOUVER,(Coal Geology)- Anooraq Resources Corporation (“Anooraq” or the “Company”) (TSXV: ARQ) (NYSE: ANO) (JSE: ARQ) announces production from the Bokoni Platinum Mines (“Bokoni”) and its financial results for the three and twelve months ended December 31, 2010. This release should be read with the Company’s Financial Statements and Management Discussion & Analysis, [...]

Initiating Its First Acquisition in North America NMC Resource (TSX VENTURE: NRC) Announces Letter of Intent

March 22, 2011, VANCOUVER, BRITISH COLUMBIA -(Coal Geology) – NMC Resource Corporation (TSX VENTURE: NRC) (“NMC Resource”) NMC Resource has signed a letter of intent (the “LOI”) with Xstrata Copper Canada (“Xstrata”) with respect to the Boss Mountain molybdenum mine property (“Boss Mountain” or the “Property”). The LOI is non-binding and is subject to a [...]