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Latest Mining Corporate Stories

Rockwell Automation Among World’s Most Ethical Companies for the Eighth Year

The Ethisphere Institute has recognised Rockwell Automation, the world’s largest company dedicated to industrial automation and information, as a 2016 World’s Most Ethical Company®. This is the eighth time that Ethisphere®, a global leader in advancing the standards of ethical-business practices, has named Rockwell Automation on the distinguished list, which recognises companies which align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow’s best practices today.“Companies rely on Ethisphere to continually raise and measure the standards of corporate behaviour. Those, like Rockwell Automation, that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees; thus, solidifying a sustainable business advantage,” explained Ethisphere’s Chief Executive Officer (CEO), Timothy Erblich.“The importance of ethics and the transparency of integrity - both ingrained in our culture - continues to increase for current and potential employees,” said Keith D. Nosbusch, Rockwell Automation Chairman and CEO. “Employees continually look for companies that value ethics and are consistently doing the right things, the right way, every day. Our ethical culture is a differentiator, a competitive advantage and makes Rockwell Automation a great place to do your best work.”This year marks the tenth anniversary of Ethisphere and the World’s Most Ethical Companies designation.Additionally, Rockwell Automation also announced that its 2015 Corporate Responsibility Report is now available online and in print. Besides detailing the company’s approach to ethical-business practices, the report provides highlights and updates on the company’s environmental performance, employee safety and culture, and community-relations initiatives.

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JCB Commits To Indonesia at the Mining Indonesia 2015 Show

JCB Southeast Asia exhibited for the first time at the Mining Indonesia 2015 show, held from 9 –12 September, 2015 at the Jakarta International Expo Centre, Kemayoran, Jakarta.On its exhibition stand (OS-32), JCB unveiled new machines specifically designed for the Asia mining, construction and infrastructure market as well as presenting an innovative new telematics machine tracking/monitoring device. The exhibition also saw the world-famous “JCB Dancing Diggers Show” performed for the first time in Asia.Commenting on JCB’s decision to exhibit at Mining Indonesia, Tom Cornell, Managing Director, Southeast Asia, JCB commented: “Indonesia is a strategic priority for JCB and we understand the specific challenges faced by customers in Indonesia. With that in mind, we are continuously expanding the dealers' network across the country to provide excellence service coverage and parts distribution network.“Recently we have appointed new dealers, Mitra JCB in Kalimantan as well as Persada JCB in Sumatra, and we are also actively looking to add further dealers to strengthen our coverage throughout Indonesia moving forward.”One key innovation drawing visitor attention at the show was JCB LiveLink. Delivering improved fleet control, JCB LiveLink is suitable for use with the vast majority of JCB machines. The benefits this telematics system provides include enhanced maintenance reporting, critical machine health alerts, real time location data plus geofencing alerts, and enhanced security.At the show, JCB also launched its comprehensive range of products tailored specifically to the Indonesian construction and mining sectors. Taking centre stage was the Company’s heavy-line range of equipment designed to offer class-leading fuel efficiency and productivity.This includes the

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AMC Consultants Opens New Office in Singapore

AMC Consultants (AMC) has announced the opening of its new office in Singapore this month, to be headed by Mr Mark Berry, a geologist with more than 30 years of experience. The decision to open AMC’s eighth office in Singapore was a natural step given the mining consultancy’s growing presence and increasing market share in the Singaporean minerals sector over the past seven years.“Having completed more than 300 consultancy assignments across South-East Asia, 37 of them for Singaporean clients alone, we are confident there is a clear demand for AMC’s expert advice in Singapore,” said Patrick Smith, Managing Director of AMC Consultants. “We are also very fortunate to have a consultant of Mark Berry’s calibre and experience in the region driving this new venture.”Government institutions, local industry bodies, and clients alike have expressed their support for AMC’s new permanent presence in Singapore and see it as an important addition to the country’s minerals sector.“The EDB welcomes the opening of AMC’s Singapore representative office. Singapore is increasingly seen as a financing and marketing hub for mining companies. Given AMC’s reputation as a leading mining consultancy, its presence builds up an ecosystem of service providers that is essential to the success of Singapore as a financing and marketing location for mining companies,” said Mr Lee Eng Keat, Director of Natural Resources at the Economic Development Board of Singapore.“We are delighted that AMC has chosen to set up an office in Singapore for its global mining consultancy work,” Mr Foong Chong Lek, Director of Marketing and Business Development at the

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Wagner Asia

Servicing the best Wagner Asia are a leading Caterpillar Dealer in Sales and Service Capability Performance in the CIS and Mongolia region Writers Matt Bone & Steve Potter Project Manager Eddie Clinton Wagner Asia Equipment LLC are the official dealer for Caterpillar Inc in Mongolia. Since its establishment in 1996, with 100% Wagner investment, Wagner Asia Equipment LLC sells and rents quality Caterpillar machines (CAT) used in mining, construction, road and railroad construction, infrastructure, agricultural, energy and other industrial applications of Mongolia. For the last eight years in row, Wagner Asia has been the leading Caterpillar Dealer in terms of sales and service capability in the CIS and Mongolia region. Wagner Asia is currently sitting at number 16 in the top 20 companies of Mongolia, by the metrics published by the of Government of Mongolia and Mongolian Chamber of Commerce and Industry, which recognise the company's contribution to the national economy, business development as well as its activities in the area of social responsibility. Wagner Asia is the undisputable market leader in its sector, and its performance is characterised by best business practice, the introduction of new technologies and products and services in Mongolia. Steve Potter, Executive Director of Wagner Asia, acknowledges that the last 2 years have been very challenging ones for the company given that the markets for their products and services are very much linked to the health of the Mongolian economy. He expects that this situation will continue through 2014 but that the underlying fundamentals for the country, and therefore for Wagner

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China’s Demand for Gold to Rise

China's demand for gold is set to rise by about 20 per cent over the next few years. The announcement comes as China becomes the world's largest gold-consuming nation since last year, overtaking India. This estimate comes from the World Gold Council, as the population becomes wealthier. The council estimates private sector demand for gold in China will rise to at least 1350 tonnes by 2017. BBC News reports that Chinese customers bought 1132 of gold last year, in jewellery as well as gold bars and coins for investment. "China is at the centre of the global gold eco-system as rapid urbanisation creates a rising middle class," the World Gold Council. "The cultural affinity for gold runs deep in China and when this is combined with an increasingly affluent population and a supportive government, there is significant room for the market to grown even further," claims Albert Cheng of the World Gold Council. "Whilst China faces important challenges as it seeks to sustain economic growth and liberalise its financial system, growth in personal incomes and the public's pool of savings should support a medium term increase in the demand for gold, in both jewellery and investment." Consumers bought a record amount of gold last year according to the council, with China and India in the top spots. Western market demand for gold also remained strong particularly in the US, where people bought a considerable amount of gold jewellery as well as gold bars and coins.

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Red Mountain Mining

Going for Gold Red Mountain Mining is a mineral exploration company focusing on the exploration for gold. The company has a portfolio of projects in the Philippines with the Batangas project being its flagship. Writer Rebecca Wigmore Project manager James Mitchell Red Mountain Mining is sitting on a goldmine. It's not often you can read such a sentence and take it literally, but in this instance, it's the truth. Jon Dugdale, the Australian CEO of this gold exploration and project acquisition firm, recently confirmed the discovery of high-grade gold in the firm's key project in Batangas. Batangas is located in the Philippines, around 200km south of Manila. "We have a resource already defined of around 400,000oz of gold grading about 2.2 per tonne." says Dugdale. At present, Red Mountain Mining is busy completing the scoping study – the first part of a feasibility study into a mine development. After this scoping study is judged complete, the company can head straight into feasibility. It's a complex process as Dugdale explains: "when you're exploring you go through a series of stages: testing the soil and the stream sediments – just as the early prospectors did – which is a process that has a moderate to low chance of success. The next stage comes when you've actually found some encouragement in the soil sampling, is to excavate trenches through the soil cover and sample mineralisation close to the surface." Recent very high grade trenching results, up to 1 ounce of gold per tonne, have got Red Mountain Mining to

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Cardno BEC

Into Asia: Cardno seeks expansion Asia is undergoing a period of unprecedented economic growth and this represents huge opportunity says Bruce Johnson, Area Manager/ Manager New Projects, Cardno BEC. Writer Ian Armitage Project manager James Mitchell Africa is undergoing a period of unprecedented economic growth and is increasingly catching the attention of foreign investors, who have contributed to a rapid increase in capital expenditure. In fact, it's nothing new - foreign direct investment in Africa has been on the rise since the early 2000s, increasing fivefold in 2000-2010. It is the real deal and the continent's economic outlook for 2013 and 2014 is promising, confirming its healthy resilience to internal and external shocks and its role as a growth pole in an ailing global economy. Africa's economy is projected to grow by 4.8 percent in 2013 and accelerate further to 5.3 percent in 2014. "Now is the time for Africa," says Bruce Johnson, Area Manager/ Manager New Projects, Cardno BEC, the head of project development, service and business development within the Cardno BEC engineering team. "We agree that Africa's potential is huge; there are fantastic opportunities in Africa. Its large reserves of undeveloped mineral resources are in demand and in that there is opportunity." Cardno BEC is part of Brisbane based environmental and engineering consulting services company Cardno Limited. Cardno, with its large project history in Africa, strong infrastructure capabilities, and prior experience working with government policy makers around the world, is uniquely positioned to provide the services to help Africa fulfil its potential, says Johnson.

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Dare to Dream

Q&A: Lian Beng Construction. It pays to dream big. And dream big is what Lian Beng has done. And within the first four months of 2013, it has secured six construction projects worth about S$750 million, taking its orderbook to record highs. Construction Director Jeffrey Teo tells us more. Writer Ian Armitage In 1978, Ong Pang Aik joined his father to help run the family business. At the time, the company, Lian Beng, was a civil engineering sub-contractor. Mr Ong wanted more. He wanted to build the flats themselves. It was his dream and a lot can be said for the power of the dream – he helped grow Lian Beng from a sub-contractor that took on small-scale civil engineering a to a Building and Construction Authority Grade A1 main contractor, and subsequently to an SGX-listed company with close to $250 million in market capitalisation and an annual turnover of close to $450 million. Today Lian Beng's wholly-owned subsidiary, Lian Beng Construction, is the chief revenue driver. While it has gone into property development and continues to grow along the value chain into other construction support services such as ready-mixed concrete, construction equipment and machinery leasing and engineering works, they are a secondary focus. "While we have ventured into property development and other fields, construction remains our group's main business, forming more than 75 percent of our turnover," Mr Ong said in a recent interview. Notable on-going construction projects include Thomson Grand, developed by the Cheung Kong Group from Hong Kong, Waterfront Isles, developed by Far

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India’s GVK in Australian coal deal

India's GVK has joined forces with Aurizon, Australia's largest rail freight company, to build the infrastructure needed for the development of the Galilee Basin in central Queensland. In a statement, GVK said GVK Coal Infrastructure (Singapore) Pte Limited (GVK Hancock) and Aurizon, the company previously known as QR National, had signed an "non-binding agreement" on joint development of rail and port infrastructure to "unlock Galilee Basin coal reserves", including GVK Hancock's Alpha, Kevin's Corner and Alpha West coal mines. The agreement also envisages a process to "support the next phase of coal growth in the Bowen Basin", which contains the largest coal reserves in Australia. According to a GVK statement, Aurizon would acquire a majority (51 percent) interest in Hancock Coal Infrastructure, which owns GVK Hancock's rail and port projects and "would invest through upfront consideration at completion of the transaction and deferred consideration at financial close of each phase of the projects". Both companies will have equal management rights and an equal representation on the board of all key committees. The chairman of the board will be G V K Reddy. "This is one of the most significant deals in Queensland's coal history," Reddy said. "The development of the rail and port infrastructure will unlock the Galilee Basin and see the development of Alpha, Kevin's Corner and Alpha West, creating one of the largest integrated coal development projects globally. I am sure it will be a win‐win relationship leveraging on each other's strengths in project development and operation." GVK Hancock and Aurizon are seeking development

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