This Month in Coal Mining

Foresight Energy announced that on July 28 a team of examiners and U.S. Mine Safety and Health Administration (MSHA) officials re-entered the company's Deer Run mine and conducted an examination....

Mining Equipment Gallery

Electrom Instruments said one of the key points of failure in an electric motor, after bearings, is the insulation system. When insulation weaknesses develop due to harsh work-site conditions,...
Sandvik announced the pending release of a multifunctional NSU (N surface and underground) core barrel system for core drilling applications, claimed to be the first of its kind to feature...
Donaldson Co. now offers a convenient way to ensure delivery of uncontaminated diesel fuel to equipment-because clean fuel is vital for high-pressure common rail (HPCR) fuel injectors on today's...
Weir Minerals features the Enduron SP series cone crusher line as part of its expanding comminution product portfolio, which includes crushers, screens and high-pressure grinding rolls. Available in...
Terex Trucks has announced that a range of articulated haulers meeting the requirements of new U.S. Environmental Protection Agency (EPA) Tier 4 Final emissions regulations will be available soon in...

CSR Watch

Suppliers Report

On Saturday, July 19, about 1,000 people gathered at a Western style barbecue in Gillette, Wyoming, to celebrate L&H Industrial's 50th anniversary. Starting as a small oil field machine shop 50...
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Mining Markets

Over the past 24 years, mining companies discovered 1.66 billion oz of gold in 217 major gold discoveries, SNL Metals & Mining's 2014 edition of Strategies for...
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Mining Operations & Strategies

Rough working conditions, dirt roads and huge haulage trucks are characteristics of open-cast mining. No matter if a mine is located in Australia, Colombia or Sweden, or whether iron ore or coal is...

Brazil Mining


Brazil’s immense resource base, and enormous economic and political clout are creating a mining powerhouse that could dominate for generations.

A REPORT BY GBR FOR E&MJ

This report was researched and prepared by Global Business Reports (www.gbreports.com) for Engineering & Mining Journal. Editorial researched and written by Marina Borrell Falco, Matilde Mereguetti, Caroline Stern and Ozgur Erguney. On the cover, at Fortaleza de Minas, Votorantim Metals produces nickel for the company’s Niquelândia plant. (Photo courtesy of Votorantim)

From the Editor

After sweeping changes were announced for the London silver fix, the London gold fix will likely follow suit. Gold prices are set twice daily by the London Gold Market Fixing (LGMF) at 10:30 and 15:00 and are expressed in U.S. dollars per fine troy ounce. The silver price is set once daily at 12:00 by the London Bullion Market Association (LBMA)...
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Precious Metals ($/oz)

[Most Recent Quotes from www.kitco.com]

EMJ Price Index

Precious Metals ($/oz) Base Metals ($/mt) Minor Metals ($/mt) Exchange Rates (U.S.$ Equivalent)
Gold $1,284.90   Aluminum $1,736.50   Molybdenum $29,500.00   Euro (€) 1.3873
Silver $19.02   Copper $6,670.50   Cobalt $29,800.00   U.K. (£) 1.6890
Platinum $1,428.00   Lead $2,070.50         Canada ($) 0.9120
Palladium $824.00   Nickel $18,070.00   Iron Ore ($/dmt)     Australia ($) 0.9280
Rhodium $1,060.00   Tin $23,050.00   Fe CFR China $105.25   South Africa (Rand) 0.0950
Ruthenium $72.00   Zinc $2,025.50         China (¥) 0.1620
Gold and silver prices provided by KITCO Bullion dealers (http://www.kitco.com). Platinum group metals prices provided by Johnson Matthey (http://www.platinum.matthey.com). Non-ferrous base and minor metal prices provided by London Metal Exchange (http://www.lme.co.uk). Iron ore prices provided by Platts Iron Ore Index. Currency exchange rates were provided by the GoCurrency.com.