Australian mining productivity down

PricewaterhouseCoopers’ research shows that operating critical machinery more efficiently also makes significant inroads into boosting productivity.By Kathryn Edwards, The ASIA Miner

AUSTRALIAN mining productivity in relation to the actual output of mining equipment on site is down, and in many cases more than its peers, according to Dr Graham Lumley, PricewaterhouseCoopers (PwC) Mining Intelligence and Benchmarking director.

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Fortescue not exposed to China woes: Forrest

Fortescue’s iron ore operations and infrastructure in Western Australia’s Pilbara region.IN the wake of fresh concerns over the strength of the Chinese economy, the global iron ore price continues to spiral downwards from almost US$116 per tonne six months ago to just above $82, taking the bulk commodity to a new two-year low. Of the majors, Australia’s Fortescue Metals Group has performed poorly given the company’s sole exposure to iron ore.

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Mining clubs celebrate anniversary

THE Djakarta Mining Club and Coal Club Indonesia joined forces in Jakarta on April 16 for a special networking event to celebrate the first anniversary of the founding of both clubs. More than 140 attended the function held at the Gran Melia Hotel.

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First anniversary of mining clubs

THE two Indonesian mining clubs organized by Mining Media International, publishers of The ASIA Miner, Coal Age Indonesia and Engineering & Mining Journal, celebrated their first anniversary with a special joint networking function in Jakarta on April 16.

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