Displaying items by tag: Mining

Cape Verde: Turkey’s OYAK is planning to invest in pozzolan extraction following a meeting between OYAK's Cement Concrete Paper Group chairman Suat Çalbiyik and prime minister Ulisses Correia e Silva. Mining activity has remained muted since Cabocem, an Italian company, closed in 2013, according to Sapo. OYAK has operations in the country via Portugal’s Cimpor, which it acquired in 2019.

India: The government of Andhra Pradesh terminated JC Company subsidiary Trishul Cement’s limestone extraction lease of an area in Konappalapadu, Ananthapurama District, which had previously been extended for five years in 2015, for the company’s failure to establish an integrated cement plant in the area. The state-government also revoked a 20-year lease granted in mid-2007 of a plot of land for a cement plant on which no work had been undertaken. Hans India News has reported that JC Company has dissolved Trishul Cements by incorporation.

Russia: Siberian Cement’s production increased by 3.0% year-on-year to 3.2Mt in 2019 from 3.1Mt in 2018. The company estimated that demand over the period in Siberia, Buryatia and the Trans-Baikal region grew by 4.4% year-on-year to 5.3Mt/yr from below 5.1Mt/yr in 2018. Siberian Cement owner Sibtsem Holding Company’s first vice president Gennady Rasskazov suggested mining and metallurgical projects, the bridging of the River Ob and infrastructure development for the World Youth Hockey Championship 2023 as factors contributing to the rise in demand.

India: The National Company Law Tribunal (NCLT) in Mumbai has approved Dalmia Bharat’s offer for debt-laden Murli Industries, subject to conditions intended to stop the company going into liquidation. The tribunal has given Dalmia Bharat until 12 July 2019 to decide if it wants to proceed, according to the Economic Times newspaper. The conditions include forcing the buyer to reinstate lapsed mining leases related to Murli Industries itself and removing clauses allowing Dalmia Bharat to modify or withdraw its plans at any stage. Dalmia Bharat bid around US$60m to buy Murli Industries’ 3Mt/yr cement plant in Maharashtra in late 2017.

US: Terex MPS has launched the TG series of cone crushers as part of its Cedarapids range. The bronze bushing spider bearing cone product is intended to complement the company’s MVPX Series (screw type cone) and the TC Series (floating bowl cone).

The new spider bearing range will consist of four models focused on the aggregate and recycling industries: the TG120 (120HP); TG220 (220HP); TG320 (320HP); and TG420 (420HP). Each model is available in two versions: the TG (tertiary) and TGS (secondary). There will also be two larger models available for large capacity mining and quarrying applications: the TG820 (820HP) and the TG1020 (1020HP).

Denmark: FLSmidth has completed its acquisition of IMP Automation Group following the approval by the competition authorities. The purchase was first announced in February 2019 when FLSmidth said it was adding the company as part to its portfolio of automated laboratory solutions for the mining industry. It said that the integration of IMP would enable FLSmidth to support the expanding market for automated laboratories, which has experienced recent growth due to a combination of high exploration activity and increased focus on productivity, automation and digitalisation.

"We also see great potential from the joining of our new colleagues to further enhance the development of our digital solutions for mining. For instance, data collected from online analysers and the laboratory can be used to optimise the entire flow sheet for mining operations. Using this data to augment our process optimisation initiatives is an exciting prospect," said Tina Knudsen, FLSmidth’s general manager for Sampling, Preparation and Analysis – Mining.

FLSmidth gains 130 IMP employees, including IMP's managing director, Boyne Hohenstein. The IMP business will be consolidated into FLSmidth from 1 June 2019 and the cost of the purchase will be paid out in the second quarter of 2019.

Kenya: A government audit has recommended that the Mining Minister suspend the operating licences for Athi River Mining and the East African Portland Cement (EAPCC). The report to the Public Accounts Committee was in response to the companies not paying taxes, according to the Business Daily newspaper. Both cement producers have faced financial difficulties recently.

Denmark: FLSmidth has acquired IMP Automation Group, a manufacturer of automated laboratory equipment for the mining industry with a presence in Australia and South Africa. The purchase covers over 130 IMP employees, including the managing director, Boyne Hohenstein. Links between the digital initiatives at both companies are intended to give end users better data on their mineral ores and assist in optimising the processing. The deal also includes a 50% share in a joint venture that IMP owns, providing observation and measurement products for automated labs.

"In FLSmidth we have found a partner with the right global sales network to take us to the next level. For years, we have combined profound laboratory process knowledge with automation skills and developed novel and innovative solutions. I am very excited that we now can reach a global audience with our offerings and solutions", said Hohenstein.

US/Canada: Terex says that its Terex Washing Systems (TWS) brand is investing in its North American sales and operational teams. Following the spend it will have 20 regional partners via 50 service depots, 60 mobile trucks and 100 technicians in the region.

“Our new enhanced levels of sales and service and support will build upon momentum gained in recent years as we continue to focus on serving customers, with world-class washing equipment solutions that add commercial value to their operations,” said TWS’ director Oliver Donnelly.

TWS manufactures products for the mineral washing sector for aggregate, recycling, mining and industrial sand industries.

Philippines: Cemex Holdings Philippines (CHP) is running an assessment to see how a local government order to stop mining operations in Naga will affect its business. APO Land & Quarry has been requested to stop quarrying operations in Naga City, Cebu following landslides, according to the Philippine Star newspaper. APO Land & Quarry supplies raw materials to CHP’s subsidiary Apo Cement, and it is indirectly 40% owned by Mexico’s Cemex.