Ritchie Bros. Auctioneers reports strong results through the third quarter of 2009

VANCOUVER, BRITISH COLUMBIA – Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA) announces net earnings for the nine months ended September 30, 2009 of $71.6 million, or $0.68 per diluted share, and adjusted net earnings of $71.0 million, or $0.67 per diluted share. This represents adjusted earnings per share growth of over 7% compared to [...]

Bucyrus Offers Dragline Move & Upgrade Services

Bucyrus featured the company’s offering of turn-key solutions for dragline relocations and refurbishments, highlighting the successful projects completed for Luminant Energy of Texas, USA.

Lambson’s Makes Light Towers Safe For Use On Mines

Attached please find a press release on: Products used on mines are subjected to stringent health and safety regulations which can make even the keenest supplier retreat. When Lambson’s Hire was asked by one of its mining customers to make specific

Peruvian port workers protest against privatization

The group said it started a two-day strike on Thursday against privatization and the modernization of Paita

Zimbabwe proposes local ownership of foreign firms

Zimbabwe’s government has proposed that Zimbabweans take 51% ownership of foreign companies in the country, including mines and banks, according to a copy of a draft law seen by Reuters on Friday.

NHP introduces Schaffner power quality equipment – solutions for industrial power systems

NHP Electrical Engineering Products (NHP) has announced that it has been awarded sole distributing rights to the Schaffner range of power quality products. This is effective from October 2009 and applies to the Australian and New Zealand markets.

New Mackay premises for Konecranes provide supply and servicing capacity for northern mining surge

Leading crane manufacturer and servicing company Konecranes has moved to new premises in Mackay, providing the space needed to service the growing requirements of its customers in North Queensland and the Northern Territory.

Rudd Government plays Santa Claus with renewable energy groups

The Kevin Rudd-led Australian Government which is pushing for a green energy component in Australia’s power network, and has plans to saddle mining and other industries with an emissions trading scheme, has just made grants of A$235 million to renewable energy companies

Alcoa to proceed with $110 million investment in Cleveland Works

Alcoa said it has lined up the financing for the complete repair and refurbishment of its 50,000-ton forging press at the company’s Cleveland Works.

Boart Longyear receives BHP Billiton Olympic Dam Vendor of the Year Award

Boart Longyear has been recognised as the 2009 recipient of the prestigious Olympic Dam Vendor of the Year award for 2009. In commenting on the award, a BHP spokesperson indicated, “Boart Longyear has been operating at Olympic Dam for approximately 10 years and in the 2009 financial year displayed admirable performance in key evaluation criteria including [...]

Mexico: gold’s next powerhouse player shows consistent output growth

(By Marc Davis, BNWNews.ca) As the world’s key gold producing nations struggle, mostly in vain, to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way. That’s right. It’s not a typo. We are indeed talking about gold, not silver. Even factoring-in the world’s other emerging gold producing nations, Mexico still stands [...]

Groups plan e-mail protest of W.Va. mine

Several groups say they will expand their protest against a Massey Energy mine in Southern West Virginia through e-mail. The groups, which include The Sierra Club, Alliance for Appalachia and Greenpeace, say they would send more than 500,000 e-mails to individuals Thursday and Friday to press their campaign to halt Massey’s mining operation on Coal …