Sandvik Mining and Construction Receives Major Order for Materials-Handling System in the Netherlands

November 19, 2009 Filed Under: Mining Equipment  
Sandvik Mining and Construction Receives Major Order for Materials-Handling System in the Netherlands

Sandvik Mining and Construction (STO:SAND) has signed an agreement with the energy company RWE Power AG in the Netherlands for a turnkey materials-handling system. The value of the order is approximately 650 MSEK and comprises a complete materials-handling system for the Eemshaven Power Plant in the Netherlands. The project includes two grab-type ship unloaders, two stackers and three portal reclaimers.... 

Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

November 13, 2009 Filed Under: Mining Equipment  
Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,... 

Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

November 3, 2009 Filed Under: Mining Equipment  
Gemcom MineSched 6.1 Software Makes Jobs Simpler for Mine Planners, Lowers Costs through Improved Efficiency

Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that it has released Gemcom MineSched™ 6.1, the latest version of its next generation scheduling software for surface and underground mines of all sizes and types, improving productivity and profits beyond what could be achieved by manual scheduling. MineSched incorporates... 

Geotrace Accelerates Oil and Gas Discovery With Isilon IQ

October 27, 2009 Filed Under: Oil and Gas  
Geotrace Accelerates Oil and Gas Discovery With Isilon IQ

Isilon(R) Systems, the proven leader in scale-out NAS, today announced that Geotrace, a leading reservoir services provider, has deployed Isilon IQ to power a robust suite of seismic data processing and analysis applications used to accelerate worldwide oil and gas discovery. Using Isilon scale-out NAS, featuring its OneFS(R) operating system, Geotrace has created a single global namespace for both... 

Caterpillar Moves Forward with New Large Mining Trucks

August 12, 2009 Filed Under: Mining Equipment  
Caterpillar Moves Forward with New Large Mining Trucks

Caterpillar is moving rapidly forward with the new large mining trucks showcased at MINExpo last year and representing the company’s largest investment ever in new mining technology. The Cat® 793F and 797F mechanical drive trucks and the 795F AC electric drive truck are all achieving milestones. The 793F and the 797F have accumulated more than 75, 000 hours of field testing and have proven their... 

Continental Finalizing Mining License Application & Compiling Materials for Construction Permits

March 24, 2009 Filed Under: Copper Mining  
Continental Finalizing Mining License Application & Compiling Materials for Construction Permits

Continental Minerals Corporation announces an update on progress toward mine development at the Xietongmen property, located 240 kilometers from the city of Lhasa in Tibet Autonomous Region, People’s Republic of China. The Company expects that the Mining License Application for the Project will be formally submitted later this week. Continental recently achieved another step towards finalizing... 

Gulf Resources Agrees to Acquire Bromine and Crude Salt Manufacturing Assets

January 7, 2009 Filed Under: Mining Investment  
Gulf Resources Agrees to Acquire Bromine and Crude Salt Manufacturing Assets

Gulf Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in the People’s Republic of China, today announced that one of its wholly-owned subsidiaries Shouguang City Haoyuan Chemical Company Limited has signed an agreement with three individual residents of the People’s Republic of China, Fenqiu Yuan, Han Wang and Yufen Zhang (the “Sellers”), to acquire... 

ExxonMobil Technology Yields Worlds Largest LNG Carrier

December 17, 2008 Filed Under: Oil and Gas  

Exxon Mobil Corporation’s technology leadership in liquefied natural gas or LNG has resulted in an industry breakthrough in carrier design and size, enabling the more efficient transport of natural gas to markets throughout the world. The recent completion of the world’s first Q-Max LNG carrier, named ‘Mozah,’ marks a step change in LNG shipping by reducing transportation cost, while improving... 

Nucor Announces One-Hundred Forty-Third (143rd) Consecutive Cash Dividend

December 9, 2008 Filed Under: Mining Stocks  

The Board of Directors of Nucor Corporation increased the regular quarterly cash dividend on Nucor’s common stock by 9.4% to thirty-five cents ($0.35) per share from thirty-two cents ($0.32) per share. This cash dividend is payable on February 11, 2009 to stockholders of record on December 31, 2008, and is Nucor’s one-hundred forty-third consecutive quarterly cash dividend. Nucor has increased... 

ICL-Industrial Products Announces Merquel(TM), a New Product Line to Reduce Mercury Emissions From Coal Fired Plants

November 13, 2008 Filed Under: Coal Mining, Mercury Mining  

ICL Industrial Products (ICL-IP) is launching Merquel(TM), a new product line for reduction of mercury emissions from coal fired power plants, kilns and incinerators. The Merquel(TM) product line is based on ICL-IP’s line of inorganic bromides tailored specifically to be applied in various proprietary technologies developed in recent years to reduce mercury emission. Mercury is a neurotoxin affecting...