Mining

Leica Geosystems Mining has released Leica Jasset, the monitoring solution that locates mobile and semi mobile assets for the mining industry.

Irwin Mine and Tunneling Supply has acquired two Virginia-based equipment repairs companies.

Sprockets that utilise patented Wear Indicator Technology.

According to a recent survey, 60% of miners intend on switching suppliers in the long term.

Bathurst Resources Limited has released financial results for the half year ended 31 December 2014.

The US Energy Information Administration has released its production estimate for the week ending 21 February.

Glencore plans to reduce Australian production by 15 million t in 2015.

Shumba Coal Limited has announced that it has entered into a binding sale and purchase agreement with Daheng Group Botswana Ltd for the acquisition of the Mabesekwa Prospecting Licence.

The second phase in the auction of 21 ready-to-produce coal mines in India has been postponed until 2 March.

The government of Indonesia is planning to raise coal royalties in March, a move that may be damaging for smaller miners.

Prometheus Group and SMEC have announced a global partnership, which combines Prometheus Group’s leading edge enterprise asset management software with SMEC’s best-in-class asset management consulting group.

MICROMINE is to exhibit its intuitive software solutions and services at this year’s PDAC Convention in Toronto, Canada.

Oracle Coalfields has received written confirmation that its mining lease over the Block VI of the Thar Coalfield in Pakistan has been restored.

According to a new study by THEnergy, renewable energy can boost the negotiation position of mining companies toward current energy suppliers, leading to cost improvements.

Tough market forces are making life tough for mining services operators, and have savaged Deloitte’s Q4 2014 Mining Services Index.