Australian Technology

THE NECESSITY FOR CHANGE IS UPON US • RIO JOINS FORCES ON CAVE TRACKING SYSTEM • A NEW PARADIGM FOR MINING • TURNING MINE WASTEWATER INTO RAINWATER • SOLVING TOMORROW'S INDUSTRY CHALLENGES TODAY • ABOUT TURN FOR THE MINING INDUSTRY • DOCUMENTING CONSTRUCTION IN THE CLOUD • REGIONAL MILL SHELLS FORGING NEW GROUND • A BREATH OF FRESH AIR UNDERGROUND • GEKKO TAKES GOLD PANNING UNDERGROUND • KEECH TAKES AUSTRALIA TO THE WORLD STAGE • LIGHT AT BOTH ENDS OF THE TUNNEL • MILITARY DRILLS IN MINE COMMUNICATION • MANCALA OFFERS END-TO-END CAPABILITY • EXPLOSION-PROOF LASERS FOR STRAIGHT TUNNELS • DETECTING SMOKE BEFORE THE FLAMES • PROBLEMS OF EXCEEDING PLANT CAPACITY • MINE RECONNAISSANCE FROM SPACE • THE EXTRA STEP FOR HAND PROTECTION • INTRODUCING TECHNOLOGY TO CHUTE SYSTEMS • NEW ACOUSTIC DENSITY INTERFACE TRANSMITTER • NEW OPTIMIZED DUMP TRUCK BODY • ADVANCING TOWARDS AN ELECTRIC MINE • ON-BELT ANALYSIS FOR MINERALS INDUSTRY • AUSASIA-MINTECH SHOWCASES TECHNOLOGY • TECHNOLOGY DEVELOPMENT A KEY DIFFERENTIATOR 

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Kazakhmys acquires Koksay project

Koksay will be Kazakhmys’ third major growth project and the purchase price is US$260 million in cash of which $65 million has been deferred. Of the deferred amount, $30 million is payable on January 1, 2015 and $35 million on July 31, 2015. The second instalment is subject to confirmation of reserves.

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EBRD takes Altan Rio stake

ALTAN Rio Minerals has closed a private placement with the European Bank for Reconstruction and Development (EBRD) for gross proceeds of $999,960. Following closing of the placement EBRD holds 18.7% of the issued and outstanding common shares of the company.

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