Category: Archives 2017

BHP to Sell Cerro Colorado

BHP has entered into an agreement to sell the Cerro Colorado copper mine in Chile to private equity manager EMR Capital for a total cash consideration of US$230 million, plus approximately US$40 million in proceeds from the...

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BKT Celebrates 10 Years of EARTHMAX Tires

In early June, off-highway tire manufacturer Balkrishna Industries Ltd. (BKT) celebrated 10 years of its EARTHMAX tire lineup in Heraklion, Crete, Greece. At the event, BKT announced its objective to achieve a 10% market share...

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South32 to Acquire Arizona Mining

South32 Ltd. has agreed to purchase the remaining 83% of shares of Arizona Mining Inc., representing a fully funded, all-cash offer of US$1.3 billion. South32 has been a shareholder in Arizona Mining since May 2017. Arizona...

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MMG to Sell Sepon

MMG Ltd. will sell its 90% interest in Lane Xang Minerals (LXML), which owns the Sepon mine in Lao PDR, to Chifeng Jilong Gold Mining Co Ltd., for $275 million, the company said. Sepon’s current copper operation has a projected...

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OceanaGold Increases 2018 Production Guidance

OceanaGold Corp. has increased its 2018 consolidated gold production guidance on the back of strong operating performance and improvements to the mine plan at the Didipio Operation, the company said. As a result, the company’s...

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Rusal Starts to Ship Bauxite From Dian-Dian

UC Rusal reported it has completed the first stage of development of the Dian-Dian bauxite deposit in Guinea and it is now exporting ore. During this first stage, Rusal commissioned a mine with a production capacity of 3 million...

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Service to America medal

John J. Sammarco, Ph.D., is a finalist for a prestigious Service to America medal — commonly known as a “Sammie.” He’s nominated in the Career Achievement category for his exceptional record of public service. Winners will be...

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Telsmith

Telsmith hired Dave Noggle as regional sales manager covering Utah, Nevada, Idaho, Arizona and Wyoming. (img: Dave...

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Normet

          Normet has divided global sales into four areas led by APAC: Senior Vice President Neil Fitzmaurice; EMEA: Senior Vice President Jukka Kurhinen; North America: Senior Vice President Mike Rispin; and Latin America:...

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Eriez

Eriez announced the promotion of John Blicha to the newly created position of director of global marketing and communications. Blicha joined Eriez in 2012 as manager of marketing communications and served most recently as...

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Metso

Metso has appointed Pekka Vauramo president and CEO, effective in November at the latest. Vauramo has served as president and CEO of Finnair since 2013. (img: Pekka...

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