Engineering & Mining Journal

APR 2016

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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APRIL 2016 • VOL 217 • NUMBER 4 APRIL 2016 • E&MJ; 1 www.e-mj.com FEATURES The Goldcorp Reboot After posting a huge loss and reclassifying reserves, a new CEO charts a course with organic growth and a decentralized approach ......................... 24 Trucks and Shovels: Sizing Up the Situation Large-capacity mining shovel and truck purchases are fl atlining, but suppliers hope new models and advancing technology can resuscitate customer demand ........................................................................ 28 thyssenkrupp's Skip Way System Offers an Alternative It's an energy-balanced, steep-angle conveying concept designed to reduce operating costs and optimize energy effi ciency for smaller, deeper open-pit mines ................................................................................... 32 Achieving World-class Mining Maintenance: Step 6—Evaluate In the fi nal installment of this series, the author explains how to evaluate, confi rm and sustain maintenance performance that meets world-class standards ................................................................................... 40 Russian Platinum to Grow Production While many are skeptical, a Russian mining company extracting PGMs from placer deposits says it could be a world leader with the proper investment .......................................................................................... 46 The Driving Force Motors and drives perform critical service throughout any mining operation. E&MJ; looks at the latest equipment for powering crushers, conveyors, pumps, fans, hoists and much more. ............................................................. 50 Discussing Energy Options Cutting energy costs is critical for mining companies. Simon Walker reports on views presented at the recent London conference on the role of renewables. ................................................................................................ 58 Getting to the Bottom of It Diesel-powered pumps and a remote pump control station improve a mine operator's pit dewatering effi ciency and safety ..................................... 62 Skellefteå Hosts Euro Mine Expo 2016 Preparations are under way in northern Sweden for Scandinavia's largest mining conference and exhibition ...................................................... 64 E&MJ; Satisfi es a Thirst for Knowledge As the world's appetite for minerals grows, the American mining sector gains steam at the turn of the 19 th century .................................................... 70 LEADING DEVELOPMENTS Boliden Acquiring First Quantum's Kevitsa Mine in Northern Finland ................4 WA Ranked Tops in 2015 for Mineral Investment Attractiveness .......................4 Vale, Fortescue Agree to Pursue Chinese Iron Ore Market Expansion .................5 Lundin Acquiring Interest in Serbian Copper-Gold Project .................................5 AROUND THE WORLD U.S. & Canada: Silver Standard Acquiring Claude Resources for C$337M .......6 Latin America: Agreement Sets Funding Requirements for Samarco Dam Disaster Recovery ........................................................................................... 10 Australia/Oceania: BHP Billiton Submits Strategic Document for Pilbara Asset Development ......................................................................................... 12 Africa: Endeavour Acquiring True Gold .......................................................... 14 Asia: India Set to Auction 12 Copper Reserves in 2016 .................................. 16 Exploration Roundup: Seabridge Grows its Deep Kerr Gold-Copper Resource.. 18 This month, E&MJ; looks at traditional truck-shovel mining and alternative concepts for hauling ore, such as the Skip Way Tram concept from thyssenkrupp. (Photo: True Gold Mining) DEPARTMENTS Calendar ...................................................... 22 Classifi ed Advertisements ............................ 86 Equipment Gallery ........................................ 82 From the Editor................................................2 Markets ........................................................ 88 Operating Strategies .................................... 74 People .............................................................8 Processing Solutions .................................... 78 Suppliers Report........................................... 76 This Month in Coal ....................................... 20

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