Category Archives: Industrial Machine News
Copper price spike to make power equipment costlier
MUMBAI: Tight supplies due to constraints on copper mining, a weak dollar and potential exchange-traded fund flows into copper as an asset class have pushed up the prices of the red metal to a 27-month high. While the price spike … Continue reading
Sunergy Closes Acquisition of Allied Mining and Supply, LLC’s Large Scale Rare Earth Element (REEs) Deposit Containing Gold and Diamonds in Sierra Leone, West Africa
SCOTTSDALE, AZ, Oct 28, 2010 (MARKETWIRE via COMTEX) — Sunergy, Inc (the “Company”) (pinksheets:SNEY) reports that the planned acquisition of Allied Mining and Supply, LLC (Nevada) was closed today and Sunergy now owns 100% of Allied and its worldwide assets, … Continue reading
Mining Magazine Congress 2010
The Mining Magazine Congress is a global forum for mining equipment suppliers, mine managers, contractors, consultants, engineering firms and others to come together to discuss the latest technologies and approaches to improving efficiency and productivity. The event will provide delegates … Continue reading
Massive order for collision avoidance systems in Australian coal
Industrea’s wholly owned subsidiary, Advanced Mining Technologies (AMT) has received a A$35.6 million order for its open cut mining CAS-CAM/RF® collision avoidance system from BHP Billiton Mitsubishi Alliance (BMA). The order will be delivered over two years and includes more … Continue reading
Lundin Mining Releases 2010 Third Quarter Results
TORONTO, ONTARIO, Oct 27, 2010 (MARKETWIRE via COMTEX) — Lundin Mining Corporation /quotes/comstock/11t!e:lun (CA:LUN 6.31, -0.46, -6.79%) (omx:LUMI) (“Lundin” or the “Company”) today reported an unaudited net income of $59.0 million ($0.10 per share) for the third quarter of 2010, … Continue reading