ACHEMA MIDDLE EAST

Europe

Liebherr’s mining division sees turnover dip

German equipment manufacturer Liebherr said this week the group’s overall turnover for this year is expected to be close to $11 billion (€8.87 billion), slightly below (1%) what achieved in 2013.   While the decline does not seem significant,...

Russian miners find rock containing 30,000 diamonds

Russian workers at Alrosa's Udachnaya diamond mine have found a strange red and green 30 mm rock containing over 30,000 tiny diamonds, which may yield valuable information about how the precious gems form in natural conditions.   While...

EU spares Canadian oil sands the ‘dirty fuel’ label

The European Union voted by a extremely narrow majority Wednesday against a proposed fuel quality directive that would have stigmatized as "dirty" all imports coming from Canadian oil producers, and which Ottawa has been fighting for over two years....

Deep-sea mining pioneer now hunts for resources in space

Mining entrepreneur Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals (TSX:NUS), is taking his knowledge and vision to a whole new level, literally. He has joined the board of Deep Space Industries (DSI), a privately-held U.S. company planning to mine...

GW4 Alliance project aims to produce clean water from Cornish tin mine

GW4 Alliance has initiated a new research project that uses algae to harvest precious heavy metals and produce biofuel while cleaning up water at a Cornish tin mine. GW4 consists of South West and Wales' research-intensive universities, Bath,...

Sandvik relocates global equipment unit to India and China

Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) has unveiled plans to relocate its various global mining equipment facilities to India and China from the U.S. and Europe, as part of a two-year business reorganization set to conclude in...

ABB unveils SmartVentilation system for mines

Power and automation technology group ABB has unveiled its SmartVentilation system, which supplies fresh air and vents toxic gases from subterranean mines.   As the new system has the ability to work 'on-demand' it is expected to reduce a...

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