Engineering & Mining Journal

JUN 2013

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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SUPPLIERS REPORT including approximately 15,000 that have been published in Economic Geology over the past 107 years. According to Elsevier, this collaboration significantly increases the value of Geofacets for geologists focused on metals and mineral exploration. "Locating and extracting metals and mineral deposits is a painstaking task at the best of times: with deposits rare and extraction often complex, geoscientists need all the help they can get," said Brian Hoal, executive director at SEG. "Through our collaboration with Elsevier, our members and other geologists in the industry can quickly discover our published maps—helping them to develop vital insights when identifying possible new resources that many industries rely upon." Launched by Elsevier in 2010, Geofacets offers map-based search and filters that allow discovery and download of georeferenced geological maps. Its database includes maps from Elsevier's Earth science journals, as well as publications of the Society for Sedimentary Geology (SEPM), the Geological Society of London and most recently, SEG. The SEG content is now available to Geofacets users. For more information, visit: U.S. Valve Shipments Increase Again Shipments for the U.S. industrial valve industry will grow 3% in 2013, increasing to nearly $4.3 billion, according to figures released by the Valve Manufacturers Association (VMA) as part of its annual market forecast. The increase marks the fourth consecutive year of growth following the recession, and exceeds the industry's previous 10-year peak in 2008. "As VMA starts its 75th year, I'm optimistic about the outlook for our industry. We have rebounded from the downturn, which is a good sign for us and the overall economy. If the end users of our products are ordering from us, then they too are producing," said VMA President William Sandler. The membership is optimistic too, according to a recent VMA monthly economic survey, which showed that 85% of the membership expects 2013 to be better or equal to 2012. This follows on a year that turned out better than predicted, as 2012 figures surpassed initial projections reaching $4.15 billion, which represents 22% growth over the last decade. Overall, the VMA forecast reveals only slight changes for most of the 15 end-user industries. Power generation is predicted to have the largest increase in shipments from 2012, rising 1%. Four other industries are expected to record smaller increases of 0.2 or 0.1 percentage points. On the downside, the water and wastewater industry is forecast to decline by 0.6 percentage points, with seven other industries showing smaller declines. In terms of market share, the chemical industry is the largest consumer with 17.2% of the shipments, followed by water and wastewater at 16.2%. Out of 11 categories of valves tracked, the most popular product last year was automated valves, accounting for nearly $1.3 billion in shipments; ball valves were the next most frequently shipped item, accounting for $760.5 million in shipments. The report also revealed that 21% of shipments are exports, a growing trend as the industry adapts to the opportunities presented by globalization. VMA said its member companies supply approximately 35% of worldwide valve demand. JUNE 2013 • E&MJ 155

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