Big cats at Spence
A division of Vancouver-based Finning has been awarded an $83-million order for Caterpillar equipment, to be used at the Spence copper mine in northern Chile.
The deal includes 21 Caterpillar 793C off-highway trucks, two Cat 994D wheel-loaders, and 15 additional machines and support equipment. Deliveries will begin in spring 2005 and continue throughout the year, with all equipment in operation by December.
The Spence copper mine is slated to start up in mid-2005. The mine is owned by Compania Minera Riochilex, a subsidiary of Melbourne-based
A maintenance and repair contract, which covers the first five years of operations, is being negotiated. Minera Riochilex has options on four additional 793C trucks and one additional 994D loader worth a total of $11 million.
Fednav inks Voisey’s contract
Fednav has signed a long-term contract with Voisey’s Bay Nickel Co., a subsidiary of
To meet the requirements of the deal, Fednav placed an order with Tokyo-based Sumitomo for the construction of a hefty, ice-breaking ship. The vessel will be a 31,500-tonne deadweight bulk carrier named Det Norske Veritas.
The ship will have five holds with double-hull construction and be equipped with one 50-tonne deck crane and two 30-tonne versions.
The ship is designed to carry not only nickel concentrate but also re-supply cargo for the Voisey’s Bay project, including fuel oil, and will be fitted with an ice navigation system developed by Fednav’s subsidiary, Enfotec.
Montreal-based Fednav is the largest Canadian owner and charterer of deep-sea dry-bulk tonnage.
Quadrem turns a profit
Quadrem, the Internet-based business that allows for the buying and selling of goods and services for mining and construction, enjoyed a 43% boost in third-quarter revenue, compared with the year-earlier period.
Increased transactions by mining companies helped Quadrem meet its “eMarketplace” transaction volume goals for 2004. Quadrem is on track to register 1.2 million transactions, worth US$3.5 billion, in goods and services by year-end.
The company now boasts 12,000 global suppliers, many of which are related to mining.
“Accelerated transactions with both new and current customers have fueled our growth in 2004,” says CEO Michael Efting. “We have attracted new buyer customers in the mining, oil and gas, and consumer packaged-goods sectors. We remain uniquely positioned to assist companies that need to transact with a global supply base.”
Quadrem has offices in Australia, Brazil, Canada, Chile, France, Mexico, the Netherlands, Peru, Singapore, South Africa, and the U.S.
Foran orders Gekko plant
The Gekko gold plant will be pre-commissioned at the factory prior to being shipped to the North Star site, where it will be unpacked and re-assembled.
The gravity-flotation flowsheet is expected to achieve an overall recovery of plus-90%, with startup planned for spring 2005.
“The concept, design and efficiency of the Gekko GFIL modular flowsheet will allow Foran to invest lower capital and minimize environmental impact,” says the company’s president, Stephen Masson.
The Gekko system components include classification, inline pressure jigs, flotation, in-line leach reactor, electrowinning, and detox, and will combine to treat a total of 400 tonnes of crushed ore per day at North Star.
Australian-based Gekko Systems designs and develops mineral processing equipment for gold separation.
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