Tag «mining»

HECTRONIC: Think economically, act ecologically – Kishan Khandelia


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Being a global leader in intelligent fuelling management solutions, environment protection is a tradition at Hectronic. However it contributes not only ecologically but also to the financial gain of its customers through considerable savings of energy and long lasting quality products.  Hectronic solutions are a blend of german engineering and swiss precision. It offers engineering …

Economic Survey: Urgent Initiatives in Infrastructure, Iron and Steel, Textiles, Aviation, and Mining

The RBI in its Financial Stability Report, December, 2013 has indentified five sectors – infrastructure, iron and steel, textiles, aviation, and mining – as the stressed sectors.  PSBs have high exposures to the “industry” sector in general and to such “stressed” sectors in particular.  The survey mentions that the increase in NPAs of banks is …

Mining to cease in Perseverance Underground Mine

On 31 October 2013, production at Nickel West Leinster Perseverance Underground mine was suspended following a significant seismic event. Since the event, Nickel West technical and operational teams, supported by independent experts, have been assessing the technical data and risks on the sub-level cave operations and all the options available.  Following this analysis BHP Billiton …

Koffee with Khetan :System Restore

after the mining is over, conservation and restoration of the natural environment is becoming a concern says Sumit Khetan Resource and mining companies are the favourite whipping boys for any crime whatsoever around the world nowadays. A case in point is the proposed new tax regime in Australia. The Australian government’s plan to impose a …

Mechel Reports 1Q2013 Operational Results

Moscow, Russia – May 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2013 operational results. Production: Product Name 1Q2013, thousand tonnes 4Q2012, thousand tonnes % 1Q2013, thousand tonnes 1Q2012, thousand tonnes % Run-of-mine coal 6,406 6,970 -8 6,406 6,413 0 Pig Iron 972 1,054 -8 972 …