Australia’s richest person, mining magnate Gina Rinehart, has warned government that the country’s resources industry is not a bottomless cash machine.
European-focused coal producer New World Resources plc (NWR) will make group-wide salary cuts, axe jobs, slash expenditure and divest assets after it reported an €80 million (US$102 million) loss for the March quarter.
The Export-Import Bank of the United States said its directors had authorised a US$500 million loan for development of Rio Tinto’s Oyu Tolgoi copper-gold project in Mongolia.
Aquila Resources Ltd said the Anketell Port proposal had been approved by Australia’s federal environmental authorities.
Chilean copper producer Antofagasta reported a 29.3% drop in earnings for the March quarter as lower copper prices outweighed higher sales volumes.
Posted on October 10th, 2012
NIOSH honours companies with its inaugural safety technology awards
The US National Institute for Occupational Safety and Health (NIOSH) has honoured three companies-Freeport-McMoRan Copper & Gold, Lockheed Martin and CONSOL Energy-with the institute’s inaugural award for Mine Safety and Health Technology Innovations. The awards were presented at a luncheon sponsored by the National Mining Association (NMA) at MINExpo at the end of September. Freeport-McMoRan Copper & Gold received the NIOSH award for its adaptation of an Australian over-the-road fatigue monitoring system for use in mine haul trucks and for implementation of practices to use the information provided by the system to prevent accidents in the surface mining environment. Lockheed Martin was recognized for developing a two-way, through-the-earth (TTE) mine communication system, known as MagneLink®, to aid in the rescue of underground miners in a post-accident environment. The system provides two-way voice and text communication from within deep underground mines to the surface.
CONSOL Energy was honoured for its commitment and collaboration to improve post-accident communications and for interfacing Lockheed Martin’s TTE technology with the company’s primary communications system, potentially expanding miners’ options for post-accident communications and expediting the development and commercialization of TTE technology. The MagneLink system was installed at CONSOL’s Robinson Run mine in West Virginia in November 2011 to evaluate its capability in an operational mine.
Dr Jeffrey Kohler, Associate Director for Mining and Director of the Office of Mine Safety and Health Research at NIOSH, said in making the awards, "It is fitting these companies are the recipients of the inaugural NIOSH Mine Safety and Health Technology Innovations Award. Each has taken actions to employ technology in ways that will significantly improve mineworker safety and health. It is an honour for the NIOSH Office of Mine Safety and Health to highlight the industry’s commitment to innovate ‘above and beyond’ through these three awards today."
To mitigate the risk of haul truck accidents due to driver fatigue, Freeport-McMoRan Copper & Gold conducted extensive trials of a fatigue management system. Risks have been significantly reduced with the adoption of the Driver-State Sensor infrared illuminator monitoring system in mine haul trucks and the implementation of practices provided by the system to prevent accidents in the surface mining environment.
Red Conger, president of Freeport-McMoRan Americas, states "the data indicate that serious incidents have been prevented with the awareness the system has given our haul truck drivers. As we continue to refine the adoption of the system to the mining environment, we are confident this fatigue management system will save lives."
"We are honoured and humbled by this recognition," said Richard Holmberg, vice president of mission and unmanned systems at Lockheed Martin’s Mission Systems & Sensors business and leader of its MagneLink system team. "Lockheed Martin has a proud 100-year tradition of finding innovative solutions to address our customers’ most difficult changes. Whether on the front lines of battle, or 1,500 feet below the earth’s surface, we know that our products and solutions must perform in the harshest of environments. We thank the National Institute for Occupational Safety and Health for this award and look forward to MagneLink improving miner safety for years to come."
"CONSOL Energy is honoured to receive recognition of our unwavering commitment to helping the mining industry improve its safety record," commented J. Brett Harvey, chairman and chief executive officer of CONSOL Energy. "Consistent with our goal of achieving zero accidents through our Absolute ZERO program, the company has been an active host to Lockheed Martin to test and demonstrate its MagneLink system. Initial test results have been encouraging, and we are thrilled to play a key role in the development of this innovative TTE wireless communications device."
Closing the awards presentation, NMA Chairman and Chairman and CEO of Stillwater Mining Company Frank McAllister congratulated all those honoured and commended them for "their innovation and commitment to new approaches to continuous improvement in mining safety and to the role technology can play in preventing accidents and in aiding miners in rescue situations."
CHANGSHA, Oct. 16 (Xinhua) -- Seven people suffocated in a poorly ventilated manganese mine in central China in the country's latest fatal mining accident, the local government reported on Tuesday.
Six miners descended, without approval, into the closed manganese mine in the city of Yongzhou, Hunan Province, early on Monday morning to maintain the shaft, according to an initial investigation report issued by the local work safety authorities.
The miners fell due to a high concentration of carbon dioxide inside the mine, but two managed to escape and reported the accident. Three miners on the ground rushed into the shaft to rescue their colleagues, only to become suffocated themselves because they did not take proper protection, the report said.
The owner of the mine has been detained by police while all mines in Yongzhou were ordered to suspend operations for a safety overhaul, the city authorities said.
The accident came after the State Council Work Safety Commission carried out a nationwide work safety inspection campaign in September to prevent major deadly accidents before the Communist Party of China convenes its 18th National Congress in November.
In August, 45 miners were killed in a coal mine explosion in the city of Panzhihua, in southwest China's Sichuan Province.