USA and Canada

Mineral Processing Manager Greg Rasmussen talks about the role of one of the leading exponents in new mining technology in the introduction of new ideas to the industry.

Ralph Waldo Emerson promised that if we built a better mousetrap, the world would beat a path to our door. It’s a common theme, though, within the mining industry, that customers aren’t so easily weaned away from the technology they know and love.

The deal, said to be valued at $15.1 billion, comes after CNOOC offered to pay $27.50 per share for the company in July, a 60 percent premium on its share price at the time. Once approved the deal will be China’s largest foreign business takeover.

"The offer is a compelling one and offers benefits for all of Nexen's stakeholders, including employees and communities," CNOOC spokesman Peter Hunt was quoted as saying.

Oil prices have experienced significant gains, an event that is being credited in part to the moves taken by the US Federal Reserve last week, in which it announced it would inject $40 billion a month into the US economy. These movements also coincide with the forthcoming release of a forecast that is due to show the economy strengthening.

Owens Corning announced today that its new furnace in its Tlaxcala, Mexico, glass reinforcements facility is operational. This is another step in the company’s plans to increase its global capacity to produce composite material.

Owens Corning is a leading global producer of glass fiber reinforcements for composite systems and residential and commercial building materials.

A new kind of war is being waged across the global stage—one that is using economics to potentially inflict more damage and devastation than the conflicts we have seen in the past.

By Richard Telofski

War isn't what it used to be. That's a catchy little title to this article, no? But catchy or not, just take a moment to think about that. War is definitely not what it used to be.

Nobody’s perfect. What quality or ability do you wish you had?

I wish I had the ability to choose the right employees and the patience to train them. It seems anytime I find the right person, they get hired away from our small company and those that want to stay don't always develop skills.

What is the best business book you have ever read, and why?

MINExpo International 2012
24-26 September 2012
Las Vegas Convention Center
Las Vegas, Nevada, USA

The Olympic event for the mining industry, MINExpo International takes place every four years. Unlike the Olympics, however, the venue has not changed since it was first held in Las Vegas, Nevada in 1996.The 2008 MINExpo drew over 44,000 people (an increase of over 44 percent from the previous show in 2004), and was the largest mining trade show in the world. With your help, this year’s event could be even bigger.

After a period of rapid expansion, Saxon Energy Services is developing a management framework to support its growing global footprint. Supply chain director Shaun Anderson talks about implementing the Saxon Management System, lean and six sigma, and a new Oracle ERP platform.

Whitmore focuses on cutting down wear in industrial applications – the tougher the job, the better Whitmore likes it.

When we spoke to Jack Ellis he was a long way geographically from Rockwall, Texas, where the specialized lubrication company is based—though not so far semantically. The firm’s much traveled VP of sales found himself in Rockhampton, a small town on the coast of Queensland. Traveling with distributors in Australia is his favorite way of connecting with key coal mining customers in the Hunter and Bowen Valleys.

Cardero Resource Corp. plans to mine coal in Canada and iron ore in Ghana. Since acquiring the Carbon Creek asset in northeastern British Columbia its corporate focus is on being an owner-operated coal producer committed to responsible and sustainable mining, with strong and positive stakeholder relationships.