News

Mining Helps Australian Economy Expand

December 21, 2015   The Australian economy grew by 0.9 percent in the quarter that ended in September, bringing year-over-year growth to 2.5 percent. The growth was due to exports in goods and services, which were up 4.6 percent, and mining exports, which grew by 5.2 percent. Private investment...

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Indian Diamond Industry Seeks Partnerships to Boost Exports

December 21, 2015   Several international mining companies are working with the Indian diamond industry to promote diamonds around the world. Rio Tinto, De Beers, Dominion Diamond Corp., Petra Diamonds, Gem Diamonds, ALROSA, and Lucara Diamond Corp. have formed an alliance to promote the...

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World Market for Mining Equipment Expected to Grow

December 16, 2015   A report issued recently by ReportLinker predicted worldwide growth in demand for mining equipment, especially in the developing world.   The report predicted that global demand for mining equipment will increase more than 7 percent annually to $140 billion in 2019...

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Mining Companies Expect to Cut Staff in 2016

December 7, 2015   A study of the mining industry conducted by the recruiting firm Hays found that a majority of companies cut staff this year and that many more intend to do the same next year. The cuts are creating stress for current employees.   According to the firm’s findings, 55...

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How Does a High-Efficiency Cyclone Work?

December 2, 2015   Cyclone dust collectors remove large particles from process air as a precleaning stage in multi-stage filtration. A high-efficiency cyclone can also remove smaller particles. This makes it suitable for use as a process collector or final filter for many product recovery or...

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Alaska Gold Mine Project Takes a Step Forward

December 1, 2015   A proposed gold mine in Alaska is moving closer to becoming a reality with the release of an environmental impact statement. Barrick Gold and NovaGold Resources have proposed the gold mine in the southwestern part of the state. If approved, it will be one of the largest...

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Mining Experts Discuss Safety at International Conference

November 24, 2015   At the 36th International Conference of Safety in Mines Research Institutes, which was held from October 25 to 27, mining industry experts discussed efforts to improve mine safety, educate workers about their rights, and enforce those rights. Nearly 200 delegates from around...

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House Passes Bill Granting Resource Rights in Space

November 19, 2015   After a final debate, the House of Representatives approved an amended version of H.R. 2262, the U.S. Commercial Space Launch Competitiveness Act, on November 16.   The bill provides for long-term extensions of the “learning period” that places limits on the Federal...

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Debate over How CDCRA Would Affect California Mining

November 10, 2015   The California desert region has many parks, wilderness, and recreation areas on public lands that attract visitors. Senator Dianne Feinstein introduced the California Desert Conservation and Recreation Act (CDCRA) of 2015 in an attempt to balance conservation, recreation......

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Minnesota Governor Considers Metal Mining Proposal

November 4, 2015   Minnesota Governor Mark Dayton has been touring metal mines in neighboring South Dakota and Michigan's Upper Peninsula as he decides whether or not to approve mining in northeastern Minnesota. The region has rich deposits of iron, copper, nickel, and platinum in a band...

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How to Choose a Slurry Pump and Extend Its Life

October 30, 2015   Slurry is a mixture of a fluid, such as water, and a pulverized solid. Slurries are used to handle solids in mining, steel processing, foundries, power generation, and frac sand mining. They flow under gravity and can also be pumped.   Slurries are thick and sometimes...

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New Uses for Old Mines

October 22, 2015   Entrepreneurs in many industries are finding new uses for abandoned mines around the world.   Prairie Plant Systems, a biotechnology company, grows engineered plants in a 2,500-square-foot underground chamber in an abandoned copper mine in Michigan. The plants are...

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Universities Divest from Mining Companies

October 14, 2015   The University of California has become the latest educational institution in the United States to divest from investments in coal and oil sands companies in its endowment and pension funds. The university made the $200 million move in response to environmental concerns and...

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New York Mayor Wants Pension Funds to Divest from Coal Companies

October 7, 2015   In a move that he said was intended to demonstrate his commitment to tackling climate change, New York City Mayor Bill de Blasio called on the city's five pension funds to divest from coal companies. De Blasio said divestment from coal is intended to position New York as a...

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How to Choose a Calcium Carbonate Grinding Mill

October 2, 2015   A calcium carbonate grinding mill is the primary form of grinding equipment used in industrial production. Technology related to calcium carbonate grinding mills has advanced in recent years. If your mining operation is in need of a new grinding mill, here are some things to...

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Mining Cleanup Efforts Focus on Waterways

September 30, 2015   The decades-long cleanup effort in the Tri-State Mining District in Missouri, Kansas, and Oklahoma has recently begun to shift to watersheds that were affected by mining. At the 17th National Environmental Tar Creek Conference in Miami, Oklahoma, speakers noted that the...

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Ohio Approves Controversial Mining Permit on Public Lands

September 23, 2015   The Ohio Supreme Court ruled less than a year ago that owners of mineral rights beneath parklands could strip-mine the areas to extract coal and other resources. The Ohio Department of Natural Resources recently agreed to allow companies to strip-mine for coal in parks and...

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New Mexico Senators Propose Bill to Charge Hard-Rock Mining Royalties

September 17, 2015   Senators Tom Udall and Martin Heinrich, both New Mexico Democrats, plan to introduce legislation that would require companies mining for hard-rock minerals on public lands to pay royalties. The funds would be used to pay to clean up tens of thousands of abandoned mines...

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Making Mining Safety a Priority

September 11, 2015   One state is taking a hard look at mining and how to improve safety in the industry.   The Virginia Department of Mines, Minerals and Energy has announced it will soon have the most advanced mine emergency response equipment available for miners in the state......

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Another Dispute over Coal Mining Regulations

September 4, 2015   There is a fight over a new coal mining pollution rule.   It appears opponents of a proposed update to federal rules protecting water sources from coal mining pollution are not backing down.   It’s happening in Indiana and, not surprisingly, it’s become a...

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Environmental Concern over an Historic Mine

September 1, 2015   An historic mine in Arizona could soon be under new ownership. However, there are already environmental concerns.   Some are wondering why a mining company has decided to buy the 300-acre Trench Camp mine from the Ascarco Multi-State Environmental Custodial trust......

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An Uncertain Mining Future

August 28, 2015   These are tough times for many miners in Australia.   The news was sobering at a recent mining conference. Weak commodity prices have resulted in lower company prices. There have been massive job cuts over the past 12 months.   A recent report from a consulting...

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One Mining Group’s Request to the EPA

August 21, 2015   The National Mining Association is asking the Obama Administration to put a halt (for now, at least) to its climate change rule for power plants pending judicial review.   The NMA says the new rule from the Environmental Protection Agency is going to increase energy...

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A Mining Conflict in One State

August 12, 2015   There is a mining conflict brewing in the state of Ohio. It’s happening between environmentalists and mining supporters.   The Belmont County wildlife area is going to be the first Ohio Department of Natural Resources property to be mined.   This comes after a...

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A Fight for the Right to Mine in Virginia

August 6, 2015   A mining company is looking to tap one of the largest uranium deposits in the world.   There’s one problem.   The deposit is in Virginia, a state with a long-standing moratorium on mining uranium.   Now the lawyers are getting involved. The mining company......

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A Growing Market for Mining Equipment

July 30, 2015   The mining equipment market is likely to grow in the next few years.   That’s according to a new study released earlier this month. The study by Grand View Research states that the global mining equipment market is expected to reach more than $95 billion in sales by 2022...

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A Dip in Metal Mining Stocks

July 29, 2015   This is a rough time for global mining stocks. Prices for gold, iron ore and copper crumble are all down.   Shares of two mining companies have fallen 35% and 28% in July 2015. The two were the worst performers in the S & P 500 that month.   The news is not much...

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A Shift in Alabama Coal Mining

July 17, 2015   We never have to look too far to find examples of the ever-shifting world of mining, specifically coal mining.   A recent online series took a close look at the mining sector in the state of Alabama. Metallurgical coal (met coal) is the primary coal mined in Alabama. It’s...

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Developing an Industrial Coal Mining Region

July 10, 2015   There was some recent positive mining industry news coming out of Poland. The country's government approved a multi-billion-euro plan late last month, designed to stimulate a coal mining region in Poland. The hope is that it will also stimulate the area's job market.   The...

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Stricter Mining Rules Debated in New Mexico

July 2, 2015   Stricter mining rules could be coming to New Mexico. A one-year moratorium on new mining permits in the Santa Fe area is about to expire.   This is the backdrop that has commissioners considering changes in how the area handles applications for landfills, junkyards, sand...

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The State of Mining in Illinois

June 30, 2015   One coal mining safety instructor in Illinois is weighing in on the challenges facing the mining industry in his state.   Toy Dixon has been a coal mining safety instructor for the past six years and has been involved in the mining industry for 40 years.   His thoughts...

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Mining, Fracking and Drinking Water

June 26, 2015   A new report released earlier this month says fracking does not pose a widespread risk to drinking water.   According to the report by the U.S. Environmental Protection Agency, fracking for shale oil and gas has not led to widespread pollution of drinking water.   The...

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Mining the Ocean Floor

June 19, 2015   Is it possible the future of mining rests on the ocean floor? Yes, according to a new study.   The study conducted by a company based in Washington State found that mining for materials such as copper might be more efficient if the mining takes place at the bottom of the...

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Metal Mining in Maine?

June 12, 2015   The prospects of large-scale metal mining in Maine have dimmed. House lawmakers in the state have voted to oppose a bill that would allow large-scale metal mining.   Many lawmakers say they did not believe there are not enough safeguards in place to protect water and...

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Striking Gold in the Mining Industry

June 4, 2015   There is encouraging news this week on how the mining industry can still occasionally strike gold. Literally.   The gold industry has lost a little of its lustrous shine in recent years. Yet, mining has still been able to unearth profits in gold.   A study published...

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Wisconsin Sand Mining

June 1, 2015   In Wisconsin, sand has become big business and mining companies are profiting because of it.   Yet, there are health concerns surrounding the mining of sand and its role in the fracking industry. The sand is used in fracking and Wisconsin’s abundance of sand has led to...

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Bank Support for Mining

May 29, 2015   The mining industry relies on outside assistance in order to remain strong, healthy and competitive.   That is why news out of West Virginia a couple months ago was disheartening.   In March, PNC Financial, the seventh largest banking institution in the United States......

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A Strike is Slowing the Mining Process

May 22, 2015   Miners in Peru are striking and the impact is already being felt at several mines. Union mine workers began an indefinite strike in an attempt to force Peru’s government to strengthen labor laws. That’s according to the head of the national mine workers union......

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An Understanding of the Importance of Ball Mills

May 14, 2015   Mining companies looking for ball mills have an understanding of the importance of such equipment.   When reading about used mining equipment, the term “grinder” will come up frequently. The best place to start is with that basic understanding.   A ball mill is a...

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IRS Regulations for the Mining Industry

May 8, 2015   The Internal Revenue Service and the Treasure Department are proposing regulations that will likely impact the mining industry.   The proposed regulations relate to qualifying income from exploration, development, mining or production, processing, refining, transportation and...

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An Economic Mining Boost in Chile

May 1, 2015   In many areas, the mining industry needs all the help it can get. There is an economic boost in Chile, designed to help infuse some energy to a lagging industry.   The country’s economic development agency has started a special program involving mining companies, suppliers......

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The Latest Fears Surrounding Mexican Mining

April 27, 2015   Last month, four workers at a mine in Mexico were reported missing in what authorities believe may well have been a kidnapping.   The workers worked at Goldcorp’s Los Filos mine. Los Filos is located in the southern state of Guerrero, Mexico’s fifth-largest gold...

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Mining Concerns in Australia

April 24, 2015   There are concerns about the strength of the mining industry in Australia. There are fears about the stability of the industry, particularly about the economic health of several junior mining companies in the country.   2015 has already seen several reports on the issue...

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Crayfish Protection and the Impact on Mining

April 10, 2015   Plans to protect crayfish may have an impact on a portion of the mining industry. The impact is not likely to be positive.   The U.S. Fish and Wildlife Service is proposing to declare Appalachian crayfish as endangered. What does this have to do with the mining industry......

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Tough Times for Wisconsin Mining

April 3, 2015   The mining industry is facing challenging times in Wisconsin. Crude oil prices dropped earlier this year. The impact was apparently felt by frac sand companies in the state.   Last month, one sand hauling company announced it would be laying off 55 workers. The layoffs will...

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Ramification of a Mining Ban

March 30, 2015   A temporary mining ban is causing concern and debate in Washington State.   Many officials and county commissioners are unhappy about the moratorium, citing a loss of money. One county planning director says the decision will cost the county at least $5 million.   The...

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Investing in Mining

March 26, 2015   An investment in mining can have a wide-ranging impact.   In Canada, larger mining companies are moving forward as smaller miners, struggling with economic issues, are just trying to stay in business.   One large mining company is ready to spend at least $100 to...

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A Mining Bill & Water Protection

March 19, 2015   There is a chance some mining operations in the Southwestern United States will be suspended.   It’s all tied to a mining bill currently under proposal in New Mexico. The bill could result in some mining operations being suspended for up to 100 years. The mines could...

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Renewable Power in Mining

March 12, 2015   Renewable power is becoming a popular topic in the mining industry. This means energy storage will also need to be discussed. There are a growing number of mining companies using renewable power to deal with higher power costs.   In 2014, a couple major mining firms...

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Minnesota Mining Debate

March 3, 2015   There is more debate in the mining industry. This time it's happening in Minnesota.   A frac-sand ban seemed like a near certainty for one area of the state. That may no longer be the case.   Earlier this week, commissioners in Houston County, Minnesota reversed course...

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Australian Mining Reduction

February 27, 2015   There was news in late February that was certainly sobering for the Australian mining industry.   Glencore, a mining and commodities company, announced it was cutting production at its Australian coal mines by 15% this year. Some of the reasons cited in reports included...

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Calls for a Mining Ban

February 25, 2015   A former client scientist for NASA is joining a chorus of voices calling for a ban on new coal mines in one valley in Australia.   James Hansen and 21 other people are asking the New South Wales government to ban coal mines in Hunter Valley. The group says the lives of...

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Oil Sands Mining in Canada

February 19, 2015   What is oil sands mining and why is it making news in Canada? Oil sand is either loose sand or partially consolidated sandstone. The sandstone is usually made up of a mixture of sand, clay and water. It is saturated with a dense form of petroleum.   Deposits are found...

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Mining Reform in South Africa

February 12, 2015   Mining reform appears to be coming to South Africa. The country's president is set announce which minerals the South African government will initially classify as strategic. This reform comes under South Africa's new Mineral and Petroleum Resources Development Amendment...

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India Getting Ready to Accept Coal Mining

February 4, 2015   Mining news out of India could have a global impact.   According to several articles, the country is attempting to open up its coal sector, with plans to possibly allow commercial coal mining in the near future.   India's Minister for Coal and Power told one news...

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U.S. Introduces New Mining Regulations

January 30, 2015   New safety regulations introduced by the U.S. government are designed to reduce the number of mining accidents in underground coal mines.   Earlier in January, the U.S. Mine Safety and Health Administration (MSHA) released the final rule for underground coal mines to...

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Issues Facing the Mining Industry in 2015

January 21, 2015   A new report is shedding light on some of the main issues that will likely impact the mining industry in 2015. Let's take a close look at some of those key issues.   Mining companies need to be ready for renovation. Unexpected costs are expected to crop up. It's the...

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Getting Tough on Mine Penalties

January 14, 2015   Mines that were taken to task for being delinquent on paying penalties are now apparently paying up.   This comes on the heels of a report a couple of months ago from NPR and Mine Safety Health News. The report underlined the fact that, under federal mine safety laws......

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Mining Deaths Down in the U.S.

January 7, 2015   There were fewer deaths in U.S. coal mines in 2014.   That's the word from the U.S. Department of Labor's Mine Safety and Health Administration. The federal mining agency said this week that the nation's coal mines set a record this for the lowest number of on-the-job...

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Outlook Positive for Mining Acquisitions in 2015

December 19, 2014   After the quiet and bearish market that defined the mining industry in 2014, many companies are planning big moves in the coming year. According to a recent article from Mining.com, 46% of the companies interviewed expect to pursue an acquisition in the next 12 months. This...

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Caterpillar Looking to Turn Around Mining Equipment Division

December 12, 2014   It has been some time since Caterpillar had anything to boast about concerning sales of its mining equipment. Caterpillar Resource Industries (its mining equipment division) saw revenue decline 37.3% since 2013 and 27% in the first nine months of 2014, ending in September...

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Tribal Council Gets Tough on Mining Policies

December 3, 2014   Last August millions of liters of mine water and waste gushed over the landscape near Likely, BC in Canada and forced operations to shut down at the Imperial Metals open pit, copper and gold mine.   Known as the Mount Polley disaster, the event led to high-level meetings...

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Mining Penalties Go Unpaid but Operations Continue

November 14, 2014   When it comes to penalizing mining companies that violate safety standards the idea is to hit them with a fine so stiff it makes them upgrade their equipment and operations. However, according to a recent study conducted by NPR and Mine Safety & Health News, thousands of...

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Turkish Minister Blames 'Dated' Equipment for Mining Accidents

November 7, 2014   Mining accidents in Turkey have been occurring with unsettling frequency. In May 301 miners were killed in a coal mining accident and just last week 18 miners were trapped in a coal mine in the Ermenek district. The accidents have led to massive protests in which government...

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Synthetic Drug Use Causes Concern in Queensland

October 31, 2014   Drug dealers in the Queensland region of Australia have found a steady market in miners. Police raids over the past 18 months have exposed a lucrative operation in which synthetic drugs have been steadily making its way into the mining community. The combination of young...

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Economic Sanctions Hurting Russian Miners

October 27, 2014   When Russia intervened in Ukraine affairs the west took action by instituting economic sanctions. At first Russia brushed off the measures and said it would have no impact on their economy. Now, a year later many of Russia's mining tycoons including Mikhail Prokhorov, are...

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Ebola Outbreak Affecting Mining in Africa

October 17, 2014   The deadly outbreak of the Ebola virus, which has claimed over 4,500 lives in Sierra Leone, Guinea and Liberia, is also having an impact on mining operations in Africa. Debt-laden mining company London Mining, who are in the process of looking for a buyer since they stopped...

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Nevada Looking for More Taxes from Mining

For over 150 years, mining operations in the state of Nevada have had a unique protection from paying taxes. On November 4th, Nevada voters will have the chance to remove those special protections from the state constitution and allow the Legislature to update the mining tax system to reflect modern...

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Ontario to Invest in Mining Industry

October 3, 2014   The Ontario government released a statement earlier today outlining its plans to invest in mining industry research with the goal being the creation of jobs, a reduction in operating costs and improving safety for miners. This commitment is welcome news for an industry that...

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More Trouble for London Mining

September 26, 2014   London Mining, Plc warned shareholders it did not have enough sufficient cash to operate it only mine. The news sent shares in the company falling 59% to a record low for the iron ore company. Currently London Mining, Plc operates one mine in Marampa, Sierra Leone but a...

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Local Communities Upset with Guatemalan Mining Licenses

September 19, 2014   In an attempt to grow its economy, Guatemala is increasing the number of licenses it awards foreign mining companies looking to dig for coal, iron and other metals found in the country. However, the government is under fire for failing to consult with rural communities and...

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China's Global Mining Bets Failing to Pay Off

September 12, 2014   For the past decade China has been exerting its influence around the world through economic means. From buying up property in foreign countries to leading the way in oil exploration in remote parts of Africa, China is betting big on many projects and mining is one. However......

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Australia Repeals Unpopular Mining Tax

September 5, 2014   In a political victory for Australian mining companies, the government has repealed a tax on mining company profits that was introduced by the former Labor administration. The move brings a much needed boost for Prime Minister Tony Abbott at the end of his first year in...

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U.S. Coal Corp. Digging Up Used Mines

August 29, 2014   As if $75 million in debt wasn't bad enough, the mining company U.S. Coal Corp. has just found that an area in eastern Kentucky they were hoping to extract coal from had already been mined, back in the 1930's and 1940's. It's not unusual for miners to come across forgotten...

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Esteemed Mining School Adds Professional Development Course

August 22, 2014   The Camborne School of Mines (CSM), founded in 1888 and located in the English town of Cornwall, is adding a professional development course during the next academic year to extend its educational opportunities. For over 125 years, CSM has been preparing students for every...

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BHP Billiton Plans Company Split

August 15, 2014   The world's biggest mining group, BHP Billiton, announced on Friday that it will split the company and spin off second-tier assets into a new corporation. The company made the announcement to the Australian Securities Exchange and was quickly rewarded as investors helped lift...

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Mount Polley Spill Could Affect Entire Mining Industry

August 8, 2014   On Monday, millions of cubic meters of waste spewed from a tailings pond into central British Columbia waterways at the Mount Polley copper and gold mine, owned by Imperial Metals Corp. Though the spill is being viewed as an accident, an investigation is underway to determine...

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Elgin Mining Co. Pays $3.2M for Clean-Water Claims

August 1, 2014   One area that mining companies have long been guilty is failing to clean up after mining projects. Lately, though, environmental agencies, the U.S. Army Corps of Engineers and the Department of Justice have been coming down hard on mining companies that continue to fail to live...

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Caterpillar's Q2 Earnings Raises Industry Red Flag

July 25, 2014   Playing the market with stock in mining companies takes a strong stomach. The past few years have seen roller coaster ups and downs that have rocked the nerves of even the steadiest investors. In addition to uncertain sales figures, union strikes, military interventions and...

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Master Drilling Gears Up with New Equipment

July 18, 2014   As technology continues to improve and advance manufacturers of mining equipment are designing products that will require less people to operate the machinery. A good example of this is the leading role Master Drilling is taking when it comes to raise-bore drills that will be...

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Energy Saving Mining Equipment Driving Demand

July 11, 2014   According to a new report by analysts at TechNavio, the mining industry is poised to grow at a CAGR of 8.08 percent over the next five years. The optimistic outlook is based on an increase demand for mining equipment fuelled by an increase in overall global mining activity......

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Sparse Diamond Deposits Lead to Layoffs in Zimbabwe

July 4, 2014   As any miner will tell you, you can't mine what isn't there. In the Marange diamond deposits in the African nation of Zimbabwe this cold hard fact is leading to massive layoffs for miners in the diamond industry. According to Mining.com diamond mining firms are expected to layoff...

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South African Platinum Miners End Strike

June 27, 2014   For five months South African has been without its largest supply of platinum mining labor. The Association of Mineworkers and Construction Union (AMCU) have been on strike for almost half a year due to issues with wages. The five-month strike is the longest for South Africa but...

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Metal Mining Returns to Dartmoor

June 20, 2014   While England's World Cup hopes are on life support, the countries once thriving metal industry is poised for a big rebound. According to a recent report in The Guardian, a reboot of the Drakewell tungsten mine in Dartmoor could produce 3,500 tons of the metal per year, bring...

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Peru Begins Blowing Up Mining Equipment

June 13, 2014   The government of Peru has taken the gloves off in its ongoing fight with illegal mining activity. Having tried legal routes, the government is now simply taking away illegal miners' ability to work by dynamiting their equipment.   Crisologo Quispe was operating a gold mine...

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Joy Global Sees Profit Rise in 2nd Quarter

June 6, 2014   After a rough 2013 that saw profits drop steadily, mining equipment maker Joy Global reported a better-than-expected quarterly profit and said orders for maintenance services rose for the second straight quarter, according to a recent article in Reuters.   Miners had put off...

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UN Urges Restraint in Guatemalan Mining Protests

May 30, 2014   Last week violent clashes left 26 people injured and 13 police officers wounded when locals began protesting the US-backed Kappes, Cassiday & Associates (KCA) El Tambor gold project. The project is in the area of San Jose del Golfo and has been a source of tension for several...

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Caterpillar's Cost Cutting Measures Pay Off

May 23rd, 2014   According to a new report in Forbes, Caterpillar is seeing strong financial growth despite an overall lag in the global mining industry. The mining company's first quarter profits grew as gains from cost reduction measures and better mining equipment sales offset weaknesses in...

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Hundreds Dead or Trapped in Turkey Mining Disaster

May 16, 2014   Early reports out of the western Turkish town of Soma, has the death count from a coal mine explosion at 200 and counting. On Tuesday evening, an explosion ripped through the coal mine with an estimated 878 people inside. Most of the deaths have occurred from exposure to carbon...

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Mining Stocks Again Appealing

May 9, 2014   After two years of getting the cold shoulder from Wall Street, mining stocks are suddenly being touted by investment banks including JP Morgan. Just as commodity prices appeared to peak and mining sectors were considered on the way down, an about face has investors once again...

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3 Dead in Colombian Mine Collapse

May 2, 2014   Another illegal mine has collapsed, this time in Colombia, and according to the Associated Press (AP) this one has left 3 dead and 15 injured. The mine was a gold mine located in Cauca, a province in southwest Colombia. The collapse occurred just after midnight on Wednesday in a...

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Peruvian Government Destroys Mining Equipment

April 25, 2014   In a show of strength and resolve, the Peruvian government dynamited over $20 million worth of heavy machinery that was being used in illegal gold mining operations. The raid by 1,500 police and military troops took place in the southeastern jungle region of Madre de Dios and...

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Mining Equipment Market Poised for Growth

April 18, 2014   According to a recent report from Transparency Market Research, the mining equipment market is expected to reach $117 billion by 2018. This news lends credibility to another market study by Grandview Research that pegged global mining equipment reaching nearly $150 billion by...

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Joy Global Acquires Mining Technologies

April 11, 2014   Joy Global, Inc. announced it will acquire some the assets of Mining Technologies International. Joy Global is a mining equipment maker that focuses on high-productivity mining solutions. Mining Technologies is a Canadian manufacturer of underground hard rock mining equipment...

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Mexican Police Seize Ore and Equipment in Raid

April 4, 2014   It's no secret that the proliferation of drug cartels in Mexico has infiltrated nearly every segment of the country and recently, Mexican police raided the seaport of Lazaro Cardenas. The raid targeted 11 iron ore yards at one of the country's largest seaports after allegations...

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Mines Close, Miners Don’t

March 25, 2014   According to a recent article in the New York Times, the practice of digging coal illegally, also known as "rathole mining" is once again proliferating. The last time this was seen was in Poland during the late 1990's when the state decided to abruptly shut down coal plants in...

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Global Mining Equipment Market Set to Grow

March 18, 2014   A new study by GrandView Research suggests that the global mining equipment market is expected to reach $147.69 billion by 2020. This growth is tied to the belief that an increase in mining operations including drilling and earth moving will coincide with a growing demand for...

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Chilean Mining Investments Drop

March 11, 2014   In a surprise to analysts, the Chilean economy contracted in the fourth quarter as investment in the mining industry declined. Chile is known for its prosperous copper mining but investment in the metal has diminished due to rising costs and falling prices. Chile is the world's...

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Colombia Caught in Mining Politics

March 4, 2014   In January the Colombian government halted coal exports from a port operated by Drummond, an American miner, due to allegations of pollution. Colombia's mining minister, Amylkar Acosta, said that if Drummond made improvements to the port facility it could resume exports later...

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Gold Mining Halted in Amador County

February 28, 2014   Due to problems with milling processes, Sutter Gold Mining Inc. is temporarily suspending operations at its Lincoln Mine Project near Sutter Creek in Amador County. When Sutter Gold announced the Lincoln project two years ago it said the site could yield up to 680,000 ounces...

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France Planning State-Run Mining Company

February 21, 2014   French industry minister Arnaud Montebourg recently said France would invest up to 400 million Euros to create a state-owned mining company to explore for resources from around the world, from rare earths to gold.   "The government's strategy is to consider the state as...

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Twenty-two Gold Miners Charged with Illegal Mining

February 17, 2014   In Johannesburg twenty-two gold miners have been arrested and will be charged with illegal mining. Many of those arrested are illegal migrants from Zimbabwe, Mozambique and Lesotho. Illegal mining is common in the gold mines around Johannesburg with informal miners living...

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African Governments Push Mining Companies' Patience

February 6, 2014   Mining is big business and leads to big profits. However, to be able to reap these rewards a company needs to negotiate with the owner of the land they want to mine on and for many natural resources Africa presents a bountiful harvest. And the leaders of the governments who...

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Unrest Could Disturb South Africa's Largest Mining Event

January 30, 2014   A union leading a plutonium mining strike has failed to reach a deal with mining companies regarding working conditions, worker's rights and pay. The union is seeking to double the minimum wage for entry-level miners to roughly $1,200 per month. Three of the largest platinum...

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Melting Ice Caps Unlock Mineral Riches

January 23, 2014   While few people would argue that global warming is a process that needs to be curtailed, many areas of the earth that were previously ice-covered are now yielding a bounty of natural resources. Greenland is one country that expects to see tremendous economic gain due to the...

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Canada Targeting Mining Corruption

January 16, 2014   Canada's mining industry is ready to release a report of recommendations it has developed to target the financial dealings between miners and governments as more countries tackle corruption in the industry. The Mining Association of Canada has been working with Prospectors...

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Butte, Montana Ready for Silver Rush

January 10, 2014   When people talk about the gold and silver mining rush in the U.S., most think about the mid 1800's. However, with an exploration permit being sought in Butte, Montana for silver mining, the future is looking brighter for a long forgotten area.   "When people say Butte...

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Peru Poised for Record Mining Investments in 2014

December 31, 2014   While many in the mining industry have been bemoaning the decline in gold and other mining projects over the second half of 2013, Peru is betting on a record 2014 when it comes to mining investments. According to a recent article in The Wall Street Journal, Peruvian...

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Gold Bull Run Coming to an End

December 19, 2013   A recent feature on the Bloomberg website chronicles the demise of a once booming gold mining town in South Africa. The town, Blyvooruitzicht, means "happy prospect" in Afrikaans but the prospects have been anything but happy in recent months.   Gold has suffered a 25......

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Explosion in Chinese Coal Mine Kills 21

December 13, 2013   China's coal mines, long known for being the deadliest in the world, have just experienced another disaster. 21 miners are reported dead after a gas explosion in a coal mine in the Xinjiang Uygur region. Chinese state media reported that twelve workers escaped after the...

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Golden Band Suspends Gold Mining Operations

December 5, 2013   Effective January 1, 2014, Golden Band, a Saskatoon-based gold miner, will suspend gold mining operations in the La Ronge area. The miner operates mines and a mill in the region but claims weak gold prices is the reason it will suspend operations for at least six months......

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Mongolia Expansion Faces Protests

November 21, 2013   The idea of Mongolia being an economic hub would have been laughed at only a few years ago. However, as China expands its development, particularly mining, the northern region of the vast Mongolian country is facing rapid industrialization fueled by foreign investment in...

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Mining Companies target of Cyber Attacks

November 15, 2013   As the mining industry catches up with modern technology, many operations that now rely on inter-connected systems are finding themselves the target of hackers. According to a recent survey by Ernst & Young, 41% of mining companies polled said they faced a rising number...

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Caterpillar Closes More Equipment Facilities

November 8, 2013   Even with analysts predicting an increase in mining operations worldwide, Caterpillar Inc., one of the largest manufacturers of mining equipment is closing another facility, this one in Beckley, WV. Last week Caterpillar announced plans to close a former Bucyrus International...

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Mining Equipment Industry Focuses on Efficiency

November 1, 2013   With a global economic recession lingering and a depletion of easily accessible resources, mining equipment companies and distributors are forced to be more efficient to survive. According to analyst group IBISWorld, American mining equipment manufacturers and their supply...

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Greenland Getting Greener

October 25, 2013   On Thursday Greenland's parliament voted to end a decades-long prohibition on mining for radioactive materials including uranium, opening up the country to outside investors from Australia and China. People familiar with history know that Greenland was given its name to...

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Maine's Mining Future in Doubt

October 18, 2013   On Thursday at the Augusta Civic Center in Augusta, ME over 100 people gathered to discuss a bid by the state's largest landholder, Canadian timer company JD Irving, Ltd., to re-launch the state's mining industry in Aroostook County. JD Irving, Ltd. is interested in exploring...

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Wyoming Machinery Co. Expands

October 11, 2013   The Casper-based Caterpillar dealer recently signed a contract to add additional coal-mining machinery to its business in a move that will create a facility in Gillette, WY with 85 employees. The news comes as many mining markets are experiencing a slow down. Wyoming...

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$100bn in private equity stalking mining assets

$100bn in private equity stalking mining assets    From Infomine.com: Frik Els | October 3, 2013   It may be too early for private equity players to gobble up juniors or put together mega-deals, but mid-tier miners may have new investors knocking on their doors. The $1 billion...

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Chinese Miners Vie for Copper Project in Peru

October 1, 2013   According to the Wall Street Journal, two of China's biggest mining companies, MMG Ltd. and Jiangxi Copper Co. are competing for the one of the world's largest copper mining assets, Glencore Xstrata PLC's Peruvian copper project. China has been one of the world leaders in...

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Gold Mining Stocks Outperforming Gold

September 25, 2013   According to an update from Forbes, gold-mining stocks are likely to outperform gold itself if the precious metal returns to a rising price environment. The news comes from analysts and fund managers at the Denver Gold Forum in Denver, CO. During the recent bull-run, the...

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New Australian Government Promises to Re-Boot Mining Boom

September 10, 2013   Under the new leadership of Tony Abbott's Liberal-National Party, Australia is aiming to once again invest heavily in a stalled mining industry. Abbot took office after six years of Labor Party rule and three years of minority government. Australia's economy is struggling...

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Gold Miners Strike Begins in South Africa

September 3, 2013   South Africa has one of the world's largest gold mining industries but miners are not happy with their wages and have announced plans to go on strike. According to the BBC, up to 80,000 gold miners will go on strike demanding wage increases of up 60%. Last year the platinum...

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Caterpillar Experiencing Weak Demand

August 28, 2013   In recent news reported from the Sydney Morning Herald Caterpillar, a leading mining equipment manufacturer, has reported a 43.5% drop in quarterly profit and has cut its outlook for the year due in large part to steeper-than-expected inventory reductions by dealers and weak...

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Allis Chalmers Mining Equipment

In the 1840's a company began in Milwaukee, Wisconsin called E.P. Allis that specialized in waterwheels, sawmills and grindstones. After merging with other firms the company became Allis Chalmers and branched out to begin manufacturing farm equipment, steam engines and industrial equipment. The...

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Used Ball Mills for Sale

If you operate a mining, dig or excavation site and need high quality grinding for ore, chemicals and ceramic raw materials check out our wide selection of high quality ball mills. We carry some of the top names in the grinding machine business including Kobe-Allis, Denver, Metso and Allis-Chalmers...

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Used Conveyor Equipment Info

Mining, excavation, boring and drill sites all have their fair share of large mining ore to deal with. Prior to crushing and grinding processes these often very heavy pieces of ore have to be moved away from the dig site to the crushing and grinding areas and one of the most useful pieces of...

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