{"id":1077,"date":"2015-11-03T09:41:54","date_gmt":"2015-11-02T22:41:54","guid":{"rendered":"http:\/\/www.bnmme.com.au\/?p=1077"},"modified":"2015-11-03T09:41:54","modified_gmt":"2015-11-02T22:41:54","slug":"experienced-players-prepare-for-mining-upswing","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2015\/11\/03\/experienced-players-prepare-for-mining-upswing\/","title":{"rendered":"Experienced players prepare for mining upswing"},"content":{"rendered":"

\"sEVLeuR\"<\/a>Research from Business News found that five significant ‘greenfields’ mining projected, worth $760 million, have started development in the past year. <\/p>\n

Looking ahead to 2017, there might be only one major new mining project although there have been no guarantees. <\/p>\n

In Deloitte Access Economics’ latest investment monitor, the value of definite projects (under construction or committed) across Australia fell to its lowest level in four years. This resulted in engineering activity contracting in nine of the past 10 quarters.<\/p>\n

Industry veterans who have lived through multiple cycles are not worried, however. Instead, they are laying the groundwork for the next wave of mining projects that will commence when commodity prices and financial markets improve.<\/p>\n

The two mega projects still under construction include CITIC Pacific Mining’s Sino Iron project, and Hancock Prospecting’s Roy Hill development.<\/strong><\/p>\n

Roy Hill is on the brink of celebrating its first shipment, while Citic has reported good progress on commissioning and construction activity.<\/p>\n

The next greenfields project in iron ore is likely to be Rio Tinto’s Silvergrass mine, expected to cost about $1 billion<\/strong> -resulting in the iron ore majors spending millions each year on sustaining capital expenditure. <\/p>\n","protected":false},"excerpt":{"rendered":"

Research from Business News found that five significant ‘greenfields’ mining projected, worth $760 million, have started development in the past year. Looking ahead to 2017, there might be only one major new mining project although there have been no guarantees. In Deloitte Access Economics’ latest investment monitor, the value of definite projects (under construction or … Continue reading “Experienced players prepare for mining upswing”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-1077","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-hn","jetpack-related-posts":[{"id":710,"url":"https:\/\/yinghuiinternational.com\/index.php\/2014\/12\/17\/sandvik-and-downer-join-forces-on-service-solutions-for-mining-materials-handling-projects\/","url_meta":{"origin":1077,"position":0},"title":"Sandvik and Downer join forces on service solutions for mining materials handling projects","author":"yinghui","date":"December 17, 2014","format":false,"excerpt":"Sandvik Mining Systems is partnering with Downer EDI Limited (Downer) to offer high-level field service and maintenance solutions for mining materials handling projects around Australia. The memorandum of agreement (MOA) will enable Sandvik to engage Downer to carry out any maintenance work on Sandvik mining equipment operating on its customer\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8816,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/08\/20\/from-video-games-to-mineral-veins\/","url_meta":{"origin":1077,"position":1},"title":"From video games to mineral veins","author":"yinghui","date":"August 20, 2024","format":false,"excerpt":"Staff Writer Revizto uses the unity of BIM intelligence to empower its users. Image: Revizto Revizto is bringing its project coordination platform to the mining industry, with Thiess one of its trusted mining clients. Over 12 months ago, Thiess was looking to digitise its engineering coordination workflows across projects and\u2026","rel":"","context":"In "New Ideas"","block_context":{"text":"New Ideas","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/new-ideas\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/08\/image-1-1024x562.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/08\/image-1-1024x562.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/08\/image-1-1024x562.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/08\/image-1-1024x562.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":2554,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/01\/10\/where-are-australias-major-mining-projects\/","url_meta":{"origin":1077,"position":2},"title":"Where are Australia\u2019s major mining projects?","author":"yinghui","date":"January 10, 2018","format":false,"excerpt":"The number of committed mining and energy projects in Australia has increased by 21 per cent over the past year. A rise in copper, gold, nickel and other minor commodity prospects has lifted the amount of overall committed projects to 47, according to the Department of Industry, Innovation and Science\u2019s\u2026","rel":"","context":"In "Big Data"","block_context":{"text":"Big Data","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/big-data\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2018\/01\/10090742\/committed-projects.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2018\/01\/10090742\/committed-projects.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2018\/01\/10090742\/committed-projects.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2018\/01\/10090742\/committed-projects.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":2672,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/03\/15\/australian-economy-mining-investment-beyond-the-boom\/","url_meta":{"origin":1077,"position":3},"title":"Australian Economy Mining Investment Beyond the Boom","author":"yinghui","date":"March 15, 2018","format":false,"excerpt":"Bulletin \u2013 March 2018 Australian Economy Mining Investment Beyond the Boom 15 March 2018 Keaton Jenner, Aaron Walker, Cathie Close and Trent Saunders[*] mining resources sector investment capex Photo: Cuhrig \u2013 Getty Images Abstract With the construction phase of Australia's mining boom largely complete, this article investigates the outlook for\u2026","rel":"","context":"In "2020"","block_context":{"text":"2020","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/2020\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2650,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/03\/01\/flsmidth-completes-acquisition-of-sandvik-mining-systems-projects-business\/","url_meta":{"origin":1077,"position":4},"title":"FLSmidth completes acquisition of Sandvik Mining Systems projects business","author":"yinghui","date":"March 1, 2018","format":false,"excerpt":"With the transfer of assets in South Africa now completed, the previously announced acquisition of the Sandvik Mining Systems projects business has been finalised. The acquisition includes continuous surface mining and minerals handling technologies and competences that strengthen the company\u2019s core minerals business. By integrating the mining systems projects business\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1734,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/08\/02\/new-global-mining-code-developed\/","url_meta":{"origin":1077,"position":5},"title":"New global mining code developed","author":"yinghui","date":"August 2, 2016","format":false,"excerpt":"A new mining code has been launched by the World Initiative of Mining Lawyers (WIOML) to aid countries in both attracting investment and securing benefits for their own economies. \u201cThe code provides a good starting point for countries without a code in place yet,\u201d Andrew van Zyl, a partner and\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=1077"}],"version-history":[{"count":0,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1077\/revisions"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=1077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=1077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=1077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}