New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.
It is now possible to know the chemical composition of a mineral raw material moving on a conveyor belt, in a falling stream, slurry pipeline, and open-pit mine right at the time material is running! A real opportunity to perform batch sorting of ore in beneficiation or provide a corrective addition of a chemical before it is too late for a process. MAYA analyzer involves no sampling, runs 24x7x365 under heavy industrial conditions without any environmental hazard. Applicability tested for coal, cement, copper, nickel, aluminum, rare earth, potassium, and other industrial material applications. Customers say they save over $1M a year by using MAYA. Industry-specific application details and more at www.laser-distance-spectrometry.com
Fans of gold have been following Federal Reserve Board announcements for any sign of relief, but H.C. Wainwright & Co. Analyst Jeff Wright says change may be a long time coming.
The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated.
Safe and efficient mine operation requires precise coordination between miners and machines. A wireless mining communication network which transports data, voice and videos is very essential. Hytera offers a completely cost effective wireless communication solution combining both technologies for data and voice communications to tackle challenges of communications on the going.
Nobody likes taxes. However, when the super rich are stuck in forfeiting millions of dollars to taxes each year, they probably despise them even more than the average person.
The value of diamonds seems to have transcended our physical world and taken a privileged place in the universe of Minecraft, an increasingly popular Lego style adventure game.
October has provided the usual bouts of anxiety that have characterized the month in past years. I warned that we could see volatility and so far, this has been the case.
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