Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr
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JUNE 2012 • VOL 213 • NUMBER 6 FEATURES Revett Minerals: An Evolving American Success Story After successfully reviving the Troy mine, Revett sets its sights on Rock Creek................................................................................................64 Rodeo's Roadheader Experiment Pays Off Mechanical cutting provides a safe solution to a hot problem at this Nevada gold mine..........................................................................................78 Taking the Train Haulage by trucks with trailers, often combined into multi-unit 'road trains,' is gaining acceptance—niche by niche—in an industry dominated by rigid-body rigs ........................................................................82 Base Metals: What Lies Ahead? A look at current developments and the future potential for copper, zinc and lead..................................................................................................88 Peru Keeps Gold Production, but Loses Weight Overall The country's mining industry has reached a transition point and its success could continue for a long time, depending on how it deals with the issues it faces today........................................................................96 BHP Adjusts Outlook with Transitions in Demand Kloppers talks simplicity, focusing more attention on fewer things, while scaling back future capital investments............................................100 High-pressure Couplings Solve Deep Mining Challenges at Resolution Project......................................................................................108 Courageous Leadership Instilling a culture of safety........................................................................111 Special Report: Mining in Southern Africa One of the world's last mining frontiers......................................................115 LEADING DEVELOPMENTS Citing Poor Share Performance, Barrick Appoints New CEO..............................4 Rio Tinto and Chalco Finalize Simandou Joint Venture......................................4 AngloGold Ashanti Budgets for Projects............................................................4 Canadian Malartic Mill Returns to Full Production ..........................................5 BHP Billiton Combines Nickel and Aluminum Groups ......................................6 Rio Tinto and iGATE Patni Open Innovation Center ..........................................6 KaMin Acquires Brazilian Kaolin Interest from Vale ..........................................6 Rio Tinto Forms Education Partnership with UWA ............................................6 Coeur Recognized with Five Safety Awards ....................................................10 B.C. Government Mining Strategy Released ..................................................10 SRK Hosts Course in Economic Geology..........................................................11 www.e-mj.com This month E&MJ; offers an in-depth report on Revett Minerals. The company restarted the Troy mine in northwest Montana and has set its sights on becoming a mid-tier precious and base metals producer. The cover photo, taken from the north portal on Mt. Vernon, shows the Troy mill and the main- tenance and administration facilities in the fore- ground. (Photo courtesy of Revett Minerals) AROUND THE WORLD U.S. & Canada: AuRico Pours First Gold ......14 Latin America: Codelco's Chairman Steps Down..........................24 Australia/Oceania: Xstrata Zinc Expanding ..30 Africa: Anglo's Fuel Cell Locomotive ............36 Asia: Kinross Starts Construction at Dvoinoye..42 Exploration Roundup: Brucejack Progress ..48 Europe: Further Aitik Expansion ..................58 DEPARTMENTS Calendar ......................................................59 Classified Advertisements..........................158 Equipment Gallery......................................154 From the Editor................................................2 Markets ......................................................160 Operating Strategies ..................................144 People ..........................................................20 Processing Solutions ..................................151 Suppliers Report ........................................148 This Month in Coal........................................52 JUNE 2012 • E&MJ; 1