Assore reports 48.5% increase in headline earnings
0JOHANNESBURG – JSE-listed Assore on Wednesday reported a 48.5% headline earnings increase to R2.1-billion for the six months ended December, up from R1.39-billion a year earlier.
This was mostly attributed to 50%-owned Assmang’s 57.2% increase in headline earnings to R3.9-billion, as well as higher commissions earned on improved sales volumes of group commodities.
Turnover increased 40.2% to R6.4-billion, up from R4.6-billion in 2010.
Market conditions for most of the group’s commodities, particularly chrome and chrome ore, deteriorated during the six-month period, mostly owing to the sovereign debt issues in Europe.
However, iron-ore and manganese commodities experienced higher sales volumes during the period.
“While overall sales volumes and profits improved significantly during the first half of this year, the European debt crisis, lower Chinese steel production and rand/dollar exchange rate volatility make it difficult to predict the results for the second half,” said Assore chairperson Desmond Sacco.
Meanwhile, the company reported a R2.1-billion capital spend, including R928-million for Assmang’s Khumani expansion project and a further R669-million for the Khumani mine’s ramp-up to 14-million tons a year of iron-ore for the export market.
Sacco pointed out that the group’s outlook remained uncertain as Chinese steel production declined for the second consecutive quarter and the sovereign debt issues in Europe persisted.
“Certain high cost Chinese iron-ore miners have stopped production as a result of lower iron-ore prices being experienced, causing reasonably strong demand for seaborne iron-ore,” he said, adding that slow economic growth in Europe and elsewhere also placed pressure on prices of the group’s other commodities.
Assore declared an interim dividend of 250c a share, up from 200c a share in 2010.
Lead Slag Grinding Equipment
0SBM machinery will supply the ever-successful slag crusher plant in used by reputed steel plants in China. SBM slag crusher plant is widely used for crushing slag, stone, refractories, coal & many other products & helps in the recovery of metal having commercial value, earn healthy profits from their waste product.
Introduction of Lead
Lead is a soft, malleable poor metal. It is also counted as one of the heavy metals. Metallic lead has a bluish-white color after being freshly cut, but it soon tarnishes to a dull grayish color when exposed to air. Lead has a shiny chrome-silver luster when it is melted into a liquid.
Application of Lead Slag
Lead is employed in constructing construction, lead-acid batteries, bullets and shots, weights, as component of solders, pewters, fusible alloys and being a radiation shield. direct has the greatest atomic amount of all belonging to the stable elements, though the up coming greater element, bismuth, carries a half-life that is so prolonged (much extended compared to age belonging to the universe) that it may be deemed stable. Its 4 stable isotopes have 82 protons, a beauty amount while in the nuclear shell product of atomic nuclei.
Slag Grinding Equipment
SBM introduces the first ever-successful slag crusher plant in used by reputed steel plants in India, SBM Crusher Plant is widely used for crushing especially slag, stone, refractories, coal & many other products & helps in the recovery of metal having commercial value, earn healthy profits from their waste product.
Slag of steel plant of furnace containing 10 to 20% pure metal but discharged in the form of slag or waste product due to improper operation. But the slag of steel plant is no more the waste product !because our crusher separator plant is simple & efficient source of purifying metal from slag or furnace waste.
Ball Mill for slag:
Ball mill is successfully used for polishing. crushing, grinding & mixing of various type of products. separated iron particles from magnetic separator is not 100% pure metal because few sand particles are till attached with lead particles due to rusted material. but you will get 9o to l00% pure metal from the waste product of steel furnace. As the material from magnetic separator fed through the ball mill drum, heavy duty balls inside the drum crushes the iron particles & the sand particles attached with iron particles become separated and came out through the holes on the outer shell of the ball mill drum & the pure iron will be left inside the drum.
Slag Crushing Plant
Jaw Crusher for slag solution:
Jaw crusher perform roles as principal crushing for break huge lumps of slag through the slag hopper. since the slag is fed into heavy duty jaw crusher, it will most likely be decreased into method sizing which then goes into secondary crushing or tertiary crushing.
Jaw crusher is also used by many industries for crushing coal, coke, granite, basalt, limestone, glass, stone, rocks, refractory, cement etc.
Cone Crusher for slag:
Cone crusher is used for crushing slag in secondary crushing after jaw crusher. The crushed slag materials will be fed into cone crusher and be sized into 6mm to 12 mm in diameter.
Cone crusher is also successfully operated for or crushing coal, stone & glass etc. Cone crusher is used by various steel plants without any maintenance & is easy to operate.
The 2012 annual meeting of Shibang Company pulls off a new chapter for flying away
0On 30 January 2012, the 2012 annual meeting of Shibang Company was grandly held in the Eastern seaboard of Green space, Shanghai. The Chairman of SBM, board of directors of our company, board of supervisors, the leaders of management committee, all systems staff representatives and the new staff representatives from the 2012 Campus Recruiting were all present at the 2012 Annual Meeting.
After briefly reviewed the 2011 development history of Shibang Company, the Chairman of our company was showing his sufficient affirmation and sincere thanks for the unrimitting efforts of our staff. He said that one modern enterprise which has enough energy, attic faith and powerful creative has already presented for the whole world. So he was thankful for each of his colleagues who was always fighting with him. In the new year, we will also do well in the all-round work, and always put the work that pursuing the staff and clients value maximization in the first place. Then, the Chairman Yang published his own views for the soft power construction of culture, talents and innovations, etc. and our company’s hard power manufacturer. Next, he used one original epigraph “Daizy . campaignexpidition” for the end the annual meeting and call on up the company’s whole staff to keep up the good work and always work together for our company will be alive after one hundred years.
Later, each working centre and department principal went to the stage in succession, used concise and powerful words, fully showed the vigorous development situation of each system in the new year. In the annual meeting scene, our company also made the commendation for the advanced managers and individual who has made the outstanding contribution for our company development in the past year. Since the activity of 2011 company’s excellent staff discussion and election, through layer upon layer democracy vote, in the annual meeting scene, we awarded 12 “excellent staff”, 3 “advanced manager” and 3 “excellent mananger” altogether.
The “Dragon flying in the world·Leaping 2012″ art performance which was carefully prepared by our company’s staff was unveiled in the afternoon. This annual meeting used large screen live broadcast style to make the performance team and program schedule all reveal vigour and innovation. Song and dance, comic dialogue, opusculum, musical instrument and curtain play, etc, all the program was colorful, the joint performance scene was even one climax after another.
For acknowledging our company’s staff hard work in the past one year, our company also special reserved a series of heavyweight lucky drawing activity. In this activity, our clients friends who came a long way also involved in it. The spot staff was all enjoying themselves, meantime, they also expressed that they will use their full enthusiasm and empressement to pay back our company and the masses of our clients friends.
Bright spots frequently appear:Enjoy the Shibang Group’s annual cultural feast
0Soon after the ending of Group’s 2012 annual meeting, many of the wonderful creative and classic plot became hot topic at one’s leisure. Whether the audience number, the cast, the photography team size, or the lottery number and prizes gold, are the largest in history. The annual meeting activities also invited staff representatives of the families, customer representatives and the imminent entry of new employees representative are share this annual cultural feast with all Shibang people.
From the point of program quality, the variety show is more focus on innovation, respected the original. Take the Original crosstalk, the family connection, brought by the administrative center as an example, just a few minutes, the actor connect Shibang Group’s 125 employees name in a crosstalk, and win continuous applause for its ceaseless “burden” and meaningful. Curtain drama brought about by the Electric Business Center is “Bond and Exvh sequel”, which unfold before audience’s eyes in a humor incisive form, with its perfect cooperation of all actors and combined with the hot topic nowadays people care about. After the end of the show, some of the classic lines became buzzword. Girls who come from the technical service center are innovative “wear” the light in their body and perform a passionate dance in darkness, which brought a new visual experience to the audience.
Only unexpected, not impossible. The people of Shibang who have courage to break through had challenged themselves in this time. Such as Gong Lina “Sperturbed” and Sun Nan “happiness to you” sung in the CCTV Spring Festival Evening at the year of the Dragon, which were showed again in the scene and won enthusiastic applause. The audience quickly assembled into a variety of fans, there are many persons ask for signature at the end of the annual meeting.
Dinner is more “participation”

The word of “lively” is always throughout the annual dinner. In addition to the nearly 50 kinds of absolute gelivable lucky draw prizes, including the third prize, second prize, first prize, Grand Prize, the scene also interspersed with a variety of games and improvisation also have a special prize. Offer silently the production line staff and installation engineers are also step onto the stage, improvisation link also staged a field of the PK between true and false Andy Lau, Chen Kun. Customers who come from afar also go up to the stage and sing a local folk songs. Representative of the new employees, Tsinghua students who will imminent enter Shibang group are write a poem to wish Shibang Group a flourishing future and a greater glories.
Blown away: 70% of Europe’s new power generation comes from renewables
0According to a fresh European Wind Energy Association report an archive 71% of all the new power generating capacity positiioned in the Europe Union this year came from solar power panels, offshore and onshore wind turbines and other renewable energy sources.
According to the EWEA reports the level of clean power set up on 2011 rose to 32 gigawatts with the 23 gigawatts fitted in 2010, which taken into account just over 1 / 2 of new power capacity place in that year. Twelve in years past that figure was only 3.5 gigawatts or 20% of total new capacity.
The majority of new capacity in the year 2011 came from solar and not wind power. In line with an official EU roadmap for green energy wind farms can become the biggest electric source in the bloc by 2050, outstripping both coal and nuclear power. = Rotary Kilns for sale,Rotary Kilns Manufacturers,China
Coal use could fall to suprisingly low levels it is actually predicted and gas could be the ?°bridging?± fossil fuel until around 2030 or 2035.
The implementation of so-called clean coal power generation, vital to the coal industry, is facing headwinds in Europe.
The International Energy agency said included in the World Energy Outlook released in November, widespread deployment more efficient coal-fired power plants and carbon capture and storage (CCS) technology could boost the long-term prospects for coal, but there are still considerable hurdles.
The company says extremely effective technology for first time coal power plants would require relatively small additional investments, but improving efficiency levels at existing plants tummy flatness, although at a more expensive cost mining equipment.
The IEA says If CCS just isn’t widely deployed within the 2020s, an ?°extraordinary burden?± would rest on other low-carbon technologies to generate lower emissions in accordance with global climate objectives.
Today only two small pilot projects in Germany plus the US exist as well as a $4.8 billion project in great britain, which would really do the world?ˉs largest looks like it’s going nowhere.
While clean coal is failing to make a direct effect, MINING.com reported in November supply shortfalls of rare-earth elements above the next 20 years put at stake the EU?ˉs ambitious offers expand producing solar, wind and green transport technologies.
Based on the EU?ˉs Joint Research Centre, http://www.iron-ore-crusher.net/ solar need half the latest world method to obtain tellurium and 25% on the supply of indium, while Europe?ˉs wind energy programme which is designed to power all of the continents 240 million households within 18 years need a steady method of getting neodymium and dysprosium.
China controls 95% from the globe?ˉs rare earth output and last year produced more solar energy panels than the world combined.
Limpopo coal deal under scrutiny
0Coal India,
which includes since postponed a fact-finding mission that was due to happen this month, said a couple weeks ago it had $817m (about R6.35bn) which it has to spend by March this year, and the Limpopo government hoped to receive a cut from the state-owned entity’s massive war chest crusher in india This is despite the Limpopo government recently being placed directly under administration by national government.Coal India
was also interested in a coal handle Mozambique, but scrapped their tender a week ago to pursue “other global opportunities”.Limpopo’s own state-owned mining company Corridor Mineral Resources (CMR) – a wholly owned subsidiary of Limpopo Economic Development Enterprise –
put into a joint venture with Coal India to formulate new coal mines within the province in 2009. The other government partner is Trade and Investment Limpopo (TIL).The Indian company produces 80% of India’s coal
which is under pressure to produce coal to feed 20 new coal-fired power stations being integrated India the jaw mining crusherFive Limpopo departments were recently
placed directly under national government administration as well as fiscus is unable to pay its providers.The Indian mining deal was
build over the past couple of years with Premier Cassel Mathale leading the charge, holding several high-level talks in India.Mathale’s spokesperson, Mashadi Mathosa, told City Press
it absolutely was the Indians who approached the premier first using a proposal to do business with the provincial government.“The premier then advised Coal India
to meet with TIL and CMR to begin talks about the subject,” Mathosa said.She confirmed Coal India’s trip
ended up being postponed no date for someone else visit given.The memorandum of understanding
between the parties was signed in September not too long ago. “The parties have accepted work hand-in-hand on identification into the exploration of coal resources in Limpopo province,” she said.India has expressed
a desire for partnering with Limpopo in scientific development and exploration of coal resources so as to export coal to satisfy the current and growing interest in coal in India.“The memorandum of understanding
suggests that the parties are operating towards a productive partnership that could benefit the Limpopo province and also the people of India,” she said.The Limpopo government holds no coal prospecting rights and
might need to buy out other rights holders, Trade and Investment Limpopo us president Motalane Monakedi has said previously. Monakedi has further stated that they were negotiating with more then one rights holder.Coal mining in large
regions of Limpopo, including the Soutpansberg, is problematic due to lack of water.SA task team to advise on mine closures
0tLonmin, the number three producer, lost 177 000 t production to safety stoppages to use first quarter, more than eight times the condition of a year earlier and threatening full-year targets. Anglo American’s Anglo Platinum last week voiced its concern about closures for inspections.
“The publication rack really not disputing the Section 54s. They are really disputing the quantity of days lost,” David Msiza, the principle inspector of mines, told reporters after briefing Parliament. quarry plant
Section 54 on the Mine, Protection Act allows inspectors to seal mines if serious transgressions are found that could bring about fatality or injury.
He said a task team will appear at the the ministry implements its inspection madate, attempting to minimise the level of production lost as a result of inspections.
Mine safety is a huge issue in South Africa, which has a number of the deepest and most dangerous mines worldwide.
Msiza said all-around 90% of the country’s fatalities took place in bigger mines, which should have the necessary chance to prevent them.
Based on government data, 855 miners were killed in Nigeria in 1986 but that number has fallen, hitting 220 in 2007 and 169 in ’09.
The ministry offers soon release updated statistics on fatalities, which have been on the decline nowadays. the powder grinding mill
Limestone Crushing System
0Limestone crushing system
First, the system components
Generally located two limestone crushing system, the discharge hopper, vibrating feeder, magnetic separators, vertical shaft crusher, bucket elevator, buried scraper conveyor and limestone silo, bag filter components.

Second, the process
Car will be a certain size (particle size less than 50mm) limestone transport into the plant, measured by the power balance after Chichester, unloading into the limestone stack space, storage material generally used for FGD 3-7 days. According to the demand for FGD operation, the trolley will transport limestone to the crushing system of underground hopper, the hopper through the bottom of the feeder by, the separator, will stone into the ring hammer crusher, after broken by a stone (particle size less than 10mm) from the screw feeder into the bucket elevator, bucket elevator to the stone limestone silos, storage materials for FGD use 2-3 days. Limestone storage bin located under the mouth closed 2 weigh belt feeder, the stone to the entrance into the wet machine. Stone storage bin located on the bag filter to prevent dust when the stone removed.
Metso to Build Largest SAG Mill for Newmont’s Minas Conga Project
0E&MJ reported in October 2010 (See “SAG Mill Gearless Drives Pay a visit to South American Projects,”p. 102) ABB Group’s Minerals Division had won a purchase order from Newmont Mining Corp. to engineer three gearless mill drive (GMD) systems being installed at its Yanacocha Minas Conga oxide copper-gold project in Peru. Fluor Corp. in Santiago, Chile, was selected as EPCM contractor for any project and Metso Corp. as mill supplier. Metso has since provided additional particularly the project, involving what on earth is considered to be the most significant SAG ever installed.
Metso stated it will design and supply a 42 x 25-ft (12.8 x 7.6 m), 28-MW gearless SAG mill, plus two 26 x 42-ft (7.9 x 12.8 m), 15.6-MW ball mills and two VTM-1500-WB Vertimills for your pro-ject. The 42-ft-diameter SAG mill, according to Metso, will be the world’s largest as well as the first of its kind.
The Conga project is located approximately 560 miles (900 km) north of Lima, in an altitude of 13,400 ft (4,100 m) above sea level. It truly is situated nearby the Newmont Yanacocha gold mine, where Metso installed the fact that was then the world’s largest single-stage SAG mill, a 32 x 32-ft (9.75 x 9.75-m) EGL mill, driven using a 16.5-MW ABB gearless motor, in 2008. That mill design has also been the first of this type and was customized for Newmont. Based on Metso, it began commercial production within a month of its start-up-another first for any Newmont project.
While using the engineering and release for fabrication these new mills, Newmont is seeking to maintain the option of proceeding with Conga while on an accelerated schedule. Full funds approval is anticipated from the board of directors in the first 1 / 2 2011.
Metso said Yanacocha has experienced excellent operating performance by reviewing the SAG mill across a number of ore types. Kim Hackney, director of the Yanacocha gold mill project, noted during the time of the mill’s installation that “after exactly the first week of operation our incremental recovery rate was 80%-90%, when compared to 60%-75% with leach pads.” Processing higher grade ores from various pits has consequently provided greater flexibility and revenue generation.
An ABB gearless mill drive system will power the SAG mill which has a variable speed drive that allows the mill to start smoothly with minimal mechanical stress along with automated “dropped-charge” protection. This, in accordance with Metso, fulfills the customer’s requirements for flexibility and adjustability of the process and enables maximum control of the grinding process.
In announcing the small print of its role in the Conga project, Metso noted it possesses a great tradition of developing and producing increasingly larger and even more powerful mills. Starting in 1959 having an 18-ft (5.5-m) diameter, 448-KW AG mill, Metso subsequently designed and produced the very first 24-ft (7.3-m) AG mill, the 1st 32-ft (9.75-m) AG mill, and also the first 36-ft (11-m) AG mill, while decreasing the required energy load to use such huge machines.
In 1986, Metso unveiled the first gearless SAG mill, that’s grown through stages of 38 ft (11.6 m) and 40 ft (12.2 m) about the size of the giant unit slated for Newmont. According to Randy Will, vp, capital mining sales-Americas, Metso looks forward to developing this new mill since the next standard range. “Con-
centrator plants keep getting larger and larger, and this new mill is a significant development for the future.
“A single line grinding circuit which has a 42-ft SAG mill permits much higher concentrator throughputs, as compared to using a dual line grinding circuit using two SAG mills,” Will said. “The capital financial savings using one line versus two are significant.” He noted the newest design will not compromise the original aspect ratio.
Will even pointed out Metso provides larger cone crushers and Vertimills. “This becomes more important for the reason that copper grades decrease. More ore needs to be processed to meet the equivalent of current copper production. That’s where customers need the increase in mill size that Metso are able to provide.”
New Ownership, Technology Developments in Sample Prep
In an industry which takes considerable pride to use ability to blast and move massive amounts of ore and rock inside surface and underground mining operations, it’s an easy task to overlook many of the more delicate technologies that play important roles while in the value chain from ore to finished product. Sample preparation is among one of those areas, and recent announcements within this sector illustrate the latest value and sophistication of the technology.
For example, FLSmidth announced on December 5 it had made an arrangement to acquire ESSA Australia Ltd. for as much as DKK 170 million ($30.9 million). ESSA makes a speciality of the design and manufacture of sampling and sample preparation equipment for the minerals and mining industry. According to FLSmidth, ESSA is active in many market segments including mineral sample preparation, laboratory equipment, industrial solids preparation, mineral sizing, metallurgical testing, run of mine sampling, replacement parts and maintenance, laboratory and sampling automation.
At a comparable time, Illinois, USA-based Buehler, a manufacturer of scientific equipment and supplies for material preparation and analysis, introduced its EcoMet 250 Pro grinder-polisher with AutoMet 250 power head. New capabilities include the ability to store and recall 32 sample preparation methods via touchscreen display controls, a Zaxis (Z-axis) function that removes material by depth as opposed to time and power head speed adjustments from 30 to 60 rpm.
Using the manufacturer, the EcoMet system’s programmable and adjustable functions increase consistency and repeatability, ensure better flatness and enable method optimization in comparison to manual grinding. An optional PriMet Pro modular dispensing satellite uses peristaltic pumps, not mist technology, to distribute lubricant, diamond and colloidal polishing suspensions. Controlled dispensing is claimed to supply repeatable results irrespective of the operator, and to lower consumables costs by preventing over-use.
Buehler’s Rick Wagner, manager of specialty market development, noted mineral preparation is frequently done by hand. “Minerals are extremely brittle, and they also can have distinctive hardness variations inside a sample,” he was quoted saying. “Testing and lab personnel believe they must have a ‘hand touch’ for the sample to prevent a pull-out or over-preparing it. Unfortunately, manually prepared samples frequently have planar issues and exhibit variations between samples.”
As it also allows manual sample preparation, the semi-automatic system provides several tools that guide increase quality. Variable speed adjustments give you the flexibility to custom tailor methods to the type and hardness of a mineral. Power head speeds greatly affect abrasive use. Higher speeds impact the abrasive aggressively, while slower speeds are gentler for the sample. The prior system operated at either 30 or 60 rpm, whereas the newest AutoMet 250 adjusts between 30 and 60 rpm in 10-rpm increments.
Semi-automatic material removal likewise helps ensure better flatness-critical when producing measurements-because it eliminates hand rocking. And, the Zaxis function enables targeting a specific plane. After determining the standard depth of cloth needed to be removed to reach the damage-free/stress-free section, personnel can program the EcoMet 250 Pro to clear out a specific amount of fabric, rather than programming it by time.
“In mineral preparation, samples are generally prepared to 30-micron thickness,” said Wagner. “The Zaxis function easily allows targeting that thickness. Then, once the sample approaches target thickness, the AutoMet 250 Pro single force sample holder accepts glass slide holders for your final polishing steps.”
Operating parameters, for example speed and force, are adjustable while in the preparation sequence. A pause function allows the operator to stop operation in a step, remove an example for examination, then complete that step another time.
Buehler also offers the EcoMet 250, a non-programmable grinder-polisher with push-button controls and digital readouts.