Weekly News Service

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From The Editor
Humala Makes a Wise Choice PDF Print E-mail
Friday, 20 January 2012 12:59

Last month, after Newmont agreed to suspend construction at the Conga Project as a good faith gesture (See News, p. 10) and protesters still refused to lift a blockade in Cajamarca, Peruvian President Ollanta Humala imposed a state of emergency and began to “restore order” in the region.

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Learning from Coal Disasters PDF Print E-mail
Friday, 06 January 2012 18:25

The U.S. Mine Safety and Health Administration (MSHA) recently completed its investigation of Massey Energy’s Upper Big Branch (UBB) coal mine disaster that killed 29 miners in West Virginia last year (see This Month in Coal, p. 36).

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Another Great Name Fades Away PDF Print E-mail
Wednesday, 19 October 2011 11:05

For more than 100 years, the word Bucyrus was synonymous with mining. Caterpillar (Cat) completed the acquisition during July and the company is rebranding almost all of the product lines.

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Australia Imposes Unfair Taxes on Miners PDF Print E-mail
Thursday, 11 August 2011 09:20

Australia’s federal government recently announced a carbon tax scheme to reduce the country’s greenhouse gas emissions. The announcement came at a time when the Australian mining industry is still trying to calculate the impact of the draft legislation for the Mineral Resource Rent Tax (MRRT). Even though similar choices cost her predecessors their political careers, Australian Prime Minister Julia Gillard has stayed the course on MRRT and decided to impose a carbon tax.

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Metals Trading Giant Floats IPO PDF Print E-mail
Thursday, 19 May 2011 10:28

During early May, privately-held Swiss commodities trader Glencore AG announced it intends to raise $12 billion through a dual listing in London and Hong Kong. The decision carries a lot of implications for the mining business, metals trading houses and consumers. Drama has drawn attention to a quiet organization as it steps into the limelight. And step into it, they have.

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World Urbanization and the Race for Resources PDF Print E-mail
Saturday, 19 March 2011 09:25

Mining professionals travel the world to find and exploit natural resources. In most cases, multinational mining companies are headquartered in an urban center while the mines or the prospective reserves are located in the frontiers of the developing world. Today’s interconnected world is a much different place to do business than it was as little as 10 or 20 years ago. Business leaders are more aware of what is happening on a global basis, which enables them to predict with relative certainty the needs of society and anticipate demand for resources. The rate of growth, however, is accelerating. While much of the knowledge about mining and engineering expertise remains in the developed world, power is shifting to the developing economies. Will today’s engineers be able to meet tomorrow’s needs?

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Looking ahead, readers can expect more from E&MJ PDF Print E-mail
Wednesday, 23 November 2011 09:34

This year Engineering & Mining Journal (E&MJ) expanded on a successful program and readers can expect more in 2012. In addition to publishing the mining industry’s favorite trade journal, Mining Media improved several existing services and offered a few new products tied to E&MJ. Editorially, E&MJ continues to provide a wealth of information with each edition and next year the magazine will be published monthly instead of the current 10-time program. To see what E&MJ plans to cover in 2012, readers can visit the Mining Media International website (www.mining-media.com) and download the 2012 media kit. The media kit has the editorial plans for all of the Mining Media titles. If something piques your interest and your mining company is doing something noteworthy in that area, please contact me and we will consider working with the mine on a story. The calendar is a mere guideline and E&MJ will always cover important stories as they develop.

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Blaze a New Path Forward PDF Print E-mail
Monday, 19 September 2011 11:35

Mining is a good thing, right? Yes, of course it is. The mining industry provides the raw materials society needs to advance. The business itself creates wealth, employs millions and brings much-needed infrastructure to remote parts of the world. Overall, the industry’s track record regarding health and safety, environmental stewardship and sustainable development continues to improve. With so many mining companies doing so many great things, why is it saddled with a bad reputation?

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Peru Takes a Turn for the Left PDF Print E-mail
Thursday, 16 June 2011 14:34

Ollanta Humala claimed a narrow victory (52.6%:47.4%) over Keiko Fujimori in a Peruvian runoff election on June 5, 2011. The election signals a shift for Peru. In a 2006 presidential campaign, Humala lost to Alan Garcia. In the meantime, Peru reaped five years of solid economic growth. From 2005 to 2010, per capita gross income rose 82% to about $5,200. Yet, voters opt for a leftist former military commander over a conservative congresswoman, who was widely favored by business. Another Latin American country changes course, but this time the influence is different.

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Japanese Tragedy Will Alter Future Energy Plans PDF Print E-mail
Thursday, 21 April 2011 15:22

The world witnessed another tragedy last month when a magnitute 8.9 earthquake rocked northern Japan only to be followed by a major tsunami. Our hearts and prayers go out to our fiends in Japan that have lost so much. We also wish Godspeed to the brave individuals who opted to stay and try to contain the nuclear disaster at the Fukushima Daiichi power plant. Similar to miners rushing in after a cave in or an explosion, they are knowingly risking their lives to help save others.

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Iron Ore Miners Take the Stage PDF Print E-mail
Wednesday, 09 February 2011 11:18

During January, the world watched as seasonal rains wreaked havoc in the Southern Hemisphere. Flooding in Australia displaced thousands in Queensland and damaged the infrastructure within the province. At about the same time, mud slides ravaged Brazil. Both of these regions play a significant role in the mining and steel sectors, and our thoughts and prayers are with all of those who have been affected and we wish them a speedy recovery.

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