Mining giant Vale Inco said Thursday it will shut down production at the massive Voisey's Bay nickel mine in Labrador next summer, in response to a sudden downturn in the global marketplace.read more »
Copper futures prices settled at their downside limit on the Shanghai Futures Exchange Thursday on the back of heavy selling activity amid market concern over declining consumption in a slowing economy.read more »
The Bush dynasty thankfully lasted only a decade or so—although their new EPA rule about mountaintop mining may last forever, etched in a new topography.read more »
The eStore now has two books and DVDs on heavy equipment. The books are "The Earthmover Encyclopedia" and "Bucyrus Construction & Mining Machines". The DVDs show massive earthmoving machines at the Belle Ayr and Black Thunder Mines.read more »
The world's largest iron ore miner is continuing to cut global budgets with Wednesday's focus on taking the budget axe to Vale Inco Canadian mines and projects.
Bank of America is to phase out lending to Appalachia’s mountaintop miners in a move likely to be followed by other financial institution, and which will be praised by environmental groups.
Chile's Antofagasta Minerals has completed construction of a $600 million tailings dam at its Los Pelambres copper mine, allowing it to extend the mine's life.
Australian miner, Fox Resources, is to reactivate its Radio Hill nickel mine confident that nickel price will have to rise as major cutbacks elsewhere bring supply and demand into equilibrium.
The global mining industry must forget about recent highs in resource prices, MacKenzie Investments Frederick Sturm advises, because “they will not be seen for years.” However, gold may be the exception.
Mining Field: Infrastructure and TransportationArea: Surface Haul Roads (Rule#543)
Each lane of travel should be wide enough to provide clearance left and right of the widest vehicle in use equal to half the width of the vehicle. For single lane traffic (one-way), the lane is twice the width of the design vehicle. For double lane (two-way), the width of road required is 3½ times the width of the vehicle.
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