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Endeavour, Acacia Mining in talks over possible merger

Mining’s mergers and acquisitions (M&A) marketplace may be on the verge of heating up with West African-focussed gold companies Endeavour Mining and Acacia Mining considering a merger.

If the merger goes ahead, it could see one of the largest precious metal companies established in Africa, according to Bloomberg.

Both Endeavour and Acacia have confirmed that they are in “preliminary discussions” with each other and that this “may or may not result in agreement of a transaction”.

Endeavour said that while it often evaluated business development opportunities, its main focus was the “organic prospects in its existing asset portfolio”.

Acacia, a spin off of Canadian-based Barrick Gold, primarily operates in Tanzania, and is the country’s largest gold producers, with plans to extend its reach in West Africa.

Endeavour Mining operates mainly in West Africa, with sites in Ghana, the Ivory Coast, Mali and Burkina Farso.

Together, both companies have approximately $3.8 billion in combined market value, and would rank in the top five African gold mining companies by both market value and ounces produced.

There is speculation that the merger could be a reverse takeover, with Acacia purchasing Endeavour. Sources told Bloomberg that the merger could allow Barrick to reduce its 64 per cent stake in Acacia to around 30 per cent, potentially sending that stake to another buyer.

Alcoa inks major bauxite export deal

Alcoa World Alumina and Chemicals (AWAC) has secured its first major third party contract to supply around 400,000 bone dry metric tonnes (bdmt) of bauxite from its Huntly mine in Western Australia.

This comes after the company’s first trial bauxite shipment from WA to China in mid 2016, introducing their WA product to the global market.

The agreement is part of the company’s strategy to grow its third party bauxite business. It also follows the WA state government’s approval for Alcoa to export up to 2.5 million metric tonnes per annum of bauxite for five years to third party customers.

“Bauxite exports have the potential to generate greater value from our WA mineral lease, creating additional revenue streams for Alcoa and the state of Western Australia, while maintaining supply to our three WA refineries,” Garret Dixon, president of Alcoa Bauxite said.

The WA contract is one of three bauxite agreements the company recently signed worth $US126 million, to deliver approximately 2.2 million bdmt of bauxite from its two mines in Brazil – Juruti and Mineração Rio do Norte.

The contracts increase the total value of Alcoa’s 2016 and 2017 third-party bauxite supply agreements to nearly $US600 million.

Alcoa is the world’s largest bauxite miner with 45.3 million bdmt of production in 2015.

It predicts the third-party bauxite demand will double between 2015 and 2024, with China as the biggest importer.

Queensland Government invests in the future of Mount Isa Mines smelter

The Queensland Government has made a $15 million offer of support for rebricking of Glencore’s Mount Isa Mines copper smelter.

Acting Premier Curtis Pitt said the joint-funding proposal was a way of underpinning the north-west region’s economy to keep local workers on the tools.

“The offer of a $15 million grant is about working with a crucial copper and zinc business in Mount Isa which employs 4000 people and indirectly supports thousands more jobs in the regional economy,” Pitt said.

“It will also provide significant stimulus to the local economy. This support is designed to incentivise Mount Isa Mines’ further investments in the North West region.”

The grant depends on Mount Isa Mines’ commitment to maintain third-party access to the smelter and will be paid through the state’s $170 million jobs and regional growth fund, which was unveiled earlier this month, Pitt added.

Rebricking of the smelter will extend its useful life by re-lining critical components including the anode and rotary holding furnaces.

Several other local businesses are also expected to benefit from the extension of the smelter’s operating life, including Incitec Pivot’s Phosphate Hill operation, which relies partially on the sulphuric acid produced as a by-product from the smelter.

BHP Billiton locks in technology partnership with Hatch

BHP Billiton and technology company Hatch have entered into a collaborative development partnership, which will aim to accelerate the development and deployment of technological advances in mining and mineral processing.

According to Hatch, a collaborative approach like this is the future of technology development in the mining industry.

Damien Harding, Hatch’s performance innovation director, said the partnership’s intent was the future of technology development in the mining industry.

“Our two companies are working together to accelerate the realisation of benefits from potential innovations. BHP Billiton will have access to Hatch’s proven technology-commercialisation experience and deep mining-domain expertise in business process design, operational performance, engineering, and digital systems,” Harding said.

He added that Hatch developed a healthy ecosystem of expert practitioners and collaborating global partners to support the partnership.

“Our essential differentiator goes beyond having the depth and breadth of skills to innovate. It’s also the knowledge and expertise to integrate all the elements we need to rapidly develop and implement holistic solutions that will have a significant impact on the mining industry,” Harding said.

Rio Tinto awards iron ore contract to Decmil

Perth-based mining contractor Decmil has secured a new contract at Rio Tinto’s iron ore operations in the Pilbara region of Western Australia.

The $40 million contract will see Decmil design, construct and commission new facilities at the Nammuldi and Silvergrass mines. The project scope also includes modifications and extensions to existing facilities at the Nammuldi mine.

In an ASX announcement, Decmil said the project would start immediately and was expected to be completed in late 2017.

Rio Tinto announced in August that it would invest $338 million to complete development of the Silvergrass mine, which is adjacent to the Nammuldi mine.

After making this decision Rio Tinto awarded RCR Tomlinson a $120 million contract to provide materials handling systems at the Silvergrass mine.

The contract included the engineering, procurement and construction of a new primary crusher, nine kilometres of overland conveyors and associated power lines.

Kingsgate to axe workers at Chatree gold mine

Kingsgate’s Chatree gold mine in Thailand will cease operations from January 1 2017, despite the new mineral bill allowing legal operation of mines in the country.

More than 1000 workers will be sacked from the operations, according to The Bangkok Post.

Earlier this year the Thai government ordered the suspension of all gold mines from January 1 following concerns about potential health and environmental problems.

Kingsgate, along with partner Akara Resources, denied these claims.

Chatree’s mining licence expires on December 31, but the company held a concession to continue operations until 2028.

Last week the Thai Government passed a bill allowing mining with less regulatory restrictions, however Kingsgate said they needed a solid guarantee they would be allowed to continue operations without being disrupted.

Kingsgate chairman Ross Smyth-Kirk told The Associated Press, “We’d need an ironclad guarantee of tenure.”

“It’s been a disgrace. There’s still a lot of gold there still to be taken out, needing expertise of people like ourselves who are prepared to spend big investments to get it out.”

On Tuesday Thai prime minister Prayuth Chan-ocha, who is also the National Council for Peace and Order (NCPO), issued an order for the suspension of all gold mines which also prevents the issuing and renewal of gold mine exploration and concession licenses.

Kingsgate now has plans to develop a new mine in Chile.

Top 10 products from Chinese Hi-Tech Fair

The 18th China Hi-Tech Fair, themed “Innovation-Driven, Quality-Oriented,” wrapped up on November 21 at Shenzhen Convention & Exhibition Center, highlighting VR/AR technologies and products. Over 3,000 exhibitors from 37 countries displayed more than 10,000 items to visitors and industry professionals.

During the exhibition, the Top 10 products were unveiled in respective exhibition halls. These products, recommended by each exhibition zone and reviewed by experts, are a combination of cutting-edge technologies, inspiring aesthetics, and smart, green, and human-oriented design philosophy, demonstrating marvelous usefulness and user experience.

The Top 10 Products are: IoT Charging Station (Chinese Academy of Sciences, Guangzhou), MEGA Drone (Harwar International Aviation), HIAR GLASSES V2 (HiScene), All-in-One VR G1/G1s (Qualcomm and CooCaa), PMS168 Motor (Dongming Electric Motor), Smart Lunch Box (Nami), Panox One Sports DV (D-Light Tech), the “am:10” Ecological Purifier (Techand Residential Environment), Smart Charging Pile (Wuhan University), and SINGULATO (Zhiche Auto). The G1/G1s, jointly developed by Qualcomm and CooCaa, is the world’s first all-in-one VR device equipped with Snapdragon 820/821. It is the epitome of the most advanced VR technologies in the world and brings users an amazing panoramic watching experience.

International pavilions and the “One Belt, One Road” special zone were also the highlights of CHTF2016. Enterprises from Germany, Czech Republic, Pakistan, Greece and Bahrain all brought their latest products and interacted extensively with visitors. In addition, China’s provincial delegations also brought many local technology companies to the event, contributing their efforts to make China a strong hi-tech nation. Meanwhile, relevant activities such as Smart City Conference, Internet+ Summit Forum, VR/AR Forum and 2016 China Innovation Conference were also held concurrently, gathering government officials, senior business management and industrial professionals to discuss hi-tech issues and share successful practices.

As China’s No.1 hi-tech fair, CHTF has always been paying close attention to the development and trends of China’s hi-tech industry. By gathering the achievements from a broad category of industries including energy saving, biology, energy, healthcare and electronics, CHTF intends to build a platform on which not only exhibitors and visitors can exchange and cooperate with each other freely, the distance between technology and people can also be shortened.

CHTF 2016 Top 10 Products

News sources：CHTF Organizing Committee　Release Date：2016-11-20

IoT Charging Station

Computer Network Information Center Chinese Academy of Sciences, Guangzhou (CNICG)

Booth: 5A05-1

Computer Network Information Center Chinese Academy of Sciences, Guangzhou (CNICG) is an R&D institution jointly invested by Computer Network Information Center of Chinese Academy of Sciences, Guangzhou Municipal Government and Nansha District Government. It undertakes national programs to develop, operate, manage and serve the IoT Identity Management System, and is also dedicated to demonstrating IoT applications and building IoT incubation centers for IoT information services, technological development and talent training.

Harwar Mega Drone

Harwar International Aviation Technology (Shenzhen) Co.,Ltd.,

Booth:2A02 2A04 2A06 2A08

Harwar International Aviation Technology (Shenzhen) Co.,Ltd., founded in 2014 and headquartered in Shenzhen’s Longhua New District, is a startup specializing in the development and manufacture of UAVs. For the Mega series drones, Harwar has obtained 89 patents and has made significant breakthroughs in multi-rotor and the industrial application. Harwar is committed to providing customers with value beyond imagination by positioning itself at the forefront of innovation and premium quality.

HiAR Glasses V2

HiScene (Shanghai) Information and Technologies Co., Ltd.

Booth: 1C27

Founded in 2012, HiScene is a technology company focusing on the R&D of AR technology. It has made significant breakthroughs in computer vision, HMI and AI, and has set multiple world records in many technological evaluation events. Relying on its own AR core technology, HiScene launched China’s first HiAR SDK and the first HiAR Glasses based on the vision interactive AR technology in 2015. In 2016, HiScene rolled out its integrated AR products and services combining HiAR infrastructure platform, AR Cloud, Content platform and smart terminal devices.

CooCaa All-in-One VR Machine: G1/G1s

Qualcomm Inc., Shenzhen CooCaa Internet Technologies Co., Ltd.

Booth: 1A52

CooCaa, a subsidiary of Skyworth Group, aims to be China’s leading provider of VR&AR hardware and integrated solutions. Its G1/G1s is the world’s first all-in-one VR device. Equipped with Qualcomm Snapdragon 820/821, it also boasts many other innovative features including the 6DOF space orientation technology based on inside-out tracking, panoramic sound system and synchronized dual independent optical system. CooCaa also provides customized solutions to meet different demands of different enterprises, and its products can be applied to many areas such as education, real estate, healthcare, travel and advertisement.

PMS168 Motor

Shenzhen Dongming Motor Electric Co., Ltd.

Booth: 2A38

Founded in 1997, Shenzhen Dongming Motor Electric is wholly invested by Hong Kong Weiming (Asia) Ltd. With a history of 15 years, it has become a group company engaged in R&D, manufacture, sales and after-sale services. It is reputed as the “manufacturer of the world’s core electromechanical products”. Dongming is highly competitive in the market as it holds more than 260 patents and has sold 500 million units around the globe. It focuses on technological breakthroughs and innovation and always runs ahead with its cutting-edge technologies.

Smart Lunch Box

Shenzhen Nami Health Science and Technology Co., Ltd.

Booth: 2G52

The smart lunch box produced by Shenzhen Nami Health Science and Technology Co., Ltd. can not only achieve precise temperature control through multiple sensors, but also predict the internal temperature based on the thickness of the food in the box and tell when is the best time to eat. Besides, it can heat the food anytime, anywhere. With low voltage, high safety, low power consumption, unique far-infrared heat transfer mode, it will not destroy the molecular structure of the food and thus keep flavor and freshness to the largest extent. At the same time, with a personal health management APP terminal, it also provides nutrition, calorie and fat measurement functions. Making graphene as its core concept of healthy lifestyle, the company has achieved great breakthroughs by integrating resources, technologies, talents and exploring relevant IoT and new material industries. It has successfully transformed itself from the traditional industry to prevail in the new era.

Panox One Sports DV

Shenzhen D-Light Technology. Co., Ltd.

Booth: 1A72

Shenzhen D-Light Technology. Co., Ltd. is a vertically integrated high-tech enterprise with R&D, Production, Sales and services, with a focus on projection and optical technologies. The company has an R&D team comprised of more than 100 people and has obtained more than 100 patents. With more than 10 years’ research and exploration experience in areas such as optics, communication, automation and the Internet, the core R&D personnel has gained unique technical advantages.

am: 10 Ecological purifier

Shenzhen Techand Residential Environment Technology Co., Ltd.

Booth: 2D65

As a subsidiary of the listed parent company Techand Ecosystem Co., Ltd., Shenzhen Techand Residential Environment Technology Co., Ltd. focuses on the enhancement and management of residential micro-environment by integrating its purification technology with the interior mini-ecosystem solutions. With its core brand am: 10, the company has developed a range of products including 8800, 8700 and 8600. In 2016, it is list among the “first batch of purifier brands that meet the new national standard”.

Smart Charging Pile

Wuhan University

Booth: 8A06

The Multi-functional intelligent charging pile has integrated the DMS active protective multi-information fusion flexible smart charging system and LLC ripple control technology developed by Wuhan University, with communications protocols and charging interfaces that are up to the latest national standards and grid standards. Leveraging the electric vehicle charging big data, it can realize customization, data back-end R&D and multi-platform applications of the charging piles and charging stations. The product is a solution to problems of DC charging piles like the sole charging circuit mode, large charging ripples, outdated software strategy, poor user experience, non-unified interface standards, and lack of smart data elements.

SINGULATO

ZHICHEAUTO Technology (Beijing) Co., Ltd.

Booth: 6B17

ZHICHEAUTO Technology (Beijing) Co., Ltd. is an Internet-based innovative startup founded in December 2014. The company’s business involves new energy vehicles and smart vehicle systems, and the company is also engaged in developing cloud-based IoV services & solutions and investing in innovative technology products. The SINGULATO is a joint product by cross-industry innovation that can realize upgrade and customized extension of automobiles through software upgrade. Unlike traditional automobiles that only focus on passive safety, it pays more attention to active safety, minimizing accidents through the smart driving system.

RungePincockMinarco to provide software for major zinc miner

Glencore’s majority owned company Kazzinc, one of the world’s largest zinc miners and Kazakhstan’s largest gold miner, has selected RungePincockMinarco (RPM) software to boost productivity.

Kazzinc selected RPM and their Enterprise Planning Platform, which will be implemented in conjunction with SAP. This enterprise approach will complement their planned investment in SAP and enhance their operational planning procedures.

RPM CEO Richard Mathews said their software will support productivity improvements Kazzinc is striving to achieve.

“I firmly believe that continuous data interchange between the mining industries’ two major software providers will drive operational and financial benefits right across Kazzinc’s business,” he said.

Data will be exchanged between the systems using RPM’s SAP certified integration. Kazzinc will use SAP’s Hana platform combined with RPM’s budgeting and forecasting system to deliver operational, plant and maintenance budgets and life of mine forecasts.

Kazzinc will also implement RPM scheduling and simulation applications in their open pit and underground operations which will link into the budgeting solutions.

Adoption of these digital tools and capabilities from RPM will provide improved operating efficiency as well as the ability to develop and deliver more accurate and agile planning in real-time. This will also maximise profit and performance across their mining value chain.

The project will be rolled out across the Kazzinc operations, which include four underground mines, two open pit mines, a concentrator plant and their central planning office.

Plant simulation software for minerals processing

Haver & Boecker have released plant simulation and optimisation software NIAflow for mineral processing and quarry operations.

NIAflow supports users in every engineering phase, from drafting flow diagrams for product pre-calculation, to plant start-up and simulating parameter changes. It assists operators discover the most efficient configuration for existing equipment, determine the equipment needed to increase production, and perform predictive maintenance.

By using the system to simulate the impact of different feed material scenarios on machine capacities, process parameters and product quality measures, issues can be identified before they happen – eliminating future problems.

NIAflow allows users to analyse more than 90 different process equipment pieces, from crushers and vibrating screens to material washers and conveyers. Beyond equipment, the system monitors the operation’s input, output, and waste piles. The program calculates the mass and volumetric flow rates as well as the valuable content with machine-specific operating parameters to prevent plant bottlenecks before equipment is in place.

The system’s intuitive menu control makes it easy for all levels of experience, with Haver and Boecker able to provide training if necessary.

The software is available for download on Windows-based systems. The NIAflow Aggregates version is the extensive, full version of the NIAflow simulation software that allows unlimited machine input. NIAflow Mining complements the Aggregates full version, and offers additional equipment options, such as classifying and sorting equipment.

CONEXPO-CON/AGG 2017

CONEXPO-CON/AGG – Where every major construction industry is represented amongst 2,500+ exhibitors over 2,500,000 square feet and more than 150 education sessions including asphalt, aggregates, concrete, earthmoving, lifting, mining, utilities and more.

LAS VEGAS, NEVADA – MARCH 7-11, 2017

WHAT’S NEW FOR 2017

The Tech Experience: Visit the new 75,000+ square foot Tech Experience at CONEXPO-CON/AGG 2017, see the future of the construction industry, and uncover how your business can become more profitable and more efficient
Nearly 700 new exhibitors
New Badge-Pack that includes:
- Free Las Vegas Monorail multi-day pass
- Free deluxe coach bus to and from the show to most hotels
- Access to seven different halls/lots for CONEXPO-CON/AGG and IFPE on all 5 show days
- Discounts at various Las Vegas bars and restaurants
- Entry to the new Tech Experience
New technology that helps you keep track of exhibitors you visited and who you want to follow-up most with
New education including tracks on technology, business management, workforce development, and more
CONEXPO-CON/AGG Radio – Join CONEXPO-CON/AGG Radio each Tuesday at 10 a.m. central to look at the future of equipment technology through the eyes of the construction market
NASCAR Ultimate Experience – Friday, March 10, 2017
- If you’re a NASCAR fan, this is the experience you’ve been waiting for! Join us for a celebration at the Las Vegas Motor Speedway and enjoy live music, beverages, buffet, and unique concessions. Not to mention, the famous Richard Petty Driving Experience where you get to ride shotgun with a professional driving instructor at speeds up to 165 MPH!
- Includes roundtrip transportation to and from Las Vegas Convention Center.
- Learn more when you register.
NASCAR Celebration – Friday, March 10, 2017
- Join us for a NASCAR style celebration at the Las Vegas Motor Speedway and enjoy live music, beverages, buffet, and unique concessions.
- Includes roundtrip transportation to and from the Las Vegas Convention Center.
- Learn more when you register.
Save on your 2017 NASCAR tickets with the CONEXPO-CON/AGG NASCAR Weekend Ticket Offer
- Purchase your tickets today for an exclusive NASCAR ticket package including race tickets, Neon Garage / Pre-Race Pit Road passes and race day transportation.
- Saturday and Sunday VIP Packages also available
- Learn more

Show Hours*

Tuesday, March 7 – Friday, March 10
Exhibits 9 a.m. to 5 p.m.

Saturday, March 11
Exhibits 9 a.m. to 3 p.m.

* Times are Pacific Standard Time (PST).

Who Exhibits

Decrease downtime and increase efficiencies with new products and technologies from over 2,400 exhibitors in all major construction industries including asphalt, aggregates, concrete, earthmoving, lifting, mining, utilities and more. See who’s exhibiting.

Who Attends

From contractors to dealers & distributors, service providers, engineers and producers, CONEXPO-CON/AGG brings construction professionals from across all disciplines. No other show’s attendees represent more sectors of the construction industry than CONEXPO-CON/AGG.

参展商名录 – 下载

CONEXPO-CON/AGG Radio – Listen