May 2010

It’s a Bird, It’s a Plane…It’s Euro TARP!

The European Commission brought out the big guns. In a move intentionally reminiscent of the US TARP program, leaders of the continent’s major economies promised to keep throwing money at the problem in bulk until some of it stuck. The set of charts below (courtesy of the Financial Times of London) gives a good graphical […]

Eric Coffin of HRA Advisories | May 31, 2010 - 3:27 pm

Precious Metals

Gold Settles .60 Cents Higher… ($1215.00)

Today’s Gold market produced an impressive late session rally to close on the plus side. During the day session (Globex) covered a range of $13.50 and trading as low as $1203.80. With U.S markets closed Monday in observance of Memorial Day many traders got a jump on the three day weekend and it felt like […]

Mike Daly | May 31, 2010 - 11:09 am

Precious Metals

mining weekly | May 31, 2010 - 10:18 am

Longest overland conveyor in Africa commissioned in Mpumalanga

Materials handling company Roymec has commissioned a 15,9-km conveyor at the $505-million Zibulo colliery, in Mpumalanga, which is the longest single-flight overland conveyor in Africa. Read more at http://www.miningweekly.com/article/longest-overland-conveyor-in-africa-commissioned-in-mpumalanga-2010-05-28

mining weekly | May 31, 2010 - 10:15 am

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Crane arrives to give South African mining industry a lift

Heavy lift and relocation specialist Vanguard’s R70-million investment, the GTK 1100 crane, has arrived in South Africa. The crane is the only one of its kind in Africa and is the seventh in the world. Read more at http://www.miningweekly.com/article/crane-arrives-to-give-south-african-mining-industry-a-lift-2010-05-28

mining weekly | May 31, 2010 - 10:12 am

News

Cost-efficient spillage system prevents production losses

Industrial consumables and engineering firm Bearing Man Group (BMG) reports that equipment manufacturer Oscillating Systems Technology’s (OST’s) range of materials handling, screen and transmission products includes a cost-efficient spillage solution, designed to prevent production losses during materials handling in the mining sector. Read more at http://www.miningweekly.com/article/cost-efficient-spillage-system-prevents-production-losses-2010-05-28

mining weekly | May 31, 2010 - 10:08 am

Company supplies telehandlers to $975m project

Specialist in the rental, repair and sale of telescopic materials handlers (telehandlers) Eazi Access Rental is supplying ten JLG telehandlers to diversified miner BHP Billiton’s estimated $975-million Douglas-Middleburg optimisation (DMO) project. Read more at http://www.miningweekly.com/article/company-supplies-telehandlers-to-975m-project-2010-05-28

mining weekly | May 31, 2010 - 10:07 am

Energy

Australian miners bid for coal rail network

“A consortium representing many of the world’s biggest iron ore and coal miners has made a pre-emptive strike to buy the Australian state of Queensland’s coal rail freight network with a fully funded bid worth A$4.9bn (US$4bn). The 13-member consortium – which includes BHP Billiton, Rio Tinto, Anglo American, Brazil’s Vale and Peabody Energy of […]

The Business of Mining - thebusinessofmining.com | May 31, 2010 - 10:06 am

Videos

Mining’s next big threat: EY warns high prices are masking deeper risks

October 30, 2026

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October 19, 2026

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