Wear products you can rely on

Image: Barminco. BY REUBEN ADAMS AUSDRILL’s “compelling” $271.5 million acquisition of underground mining contractor Barminco would create Australia’s second largest mining services company. Ausdrill will acquire Barminco – its current partner in the lucrative African Underground Mining Service (AUMS) joint venture – in exchange for 150.7 million Ausdrill shares and $25.4m in cash; equivalent to an equity acquisition price of $271.5m. Once the transaction is completed, Barminco vendors will own about 22.1 per cent of the enlarged Ausdrill, with experienced company director and current Barminco non-executive chairman Keith Gordon to join the Ausdrill board. The acquisition announcement accompanied a set of outstanding full year results from diversified mining services company Ausdrill, including a year-on-year net profit increase of 95.7 per…

SIGNIFICANT progress is being made at Cradle Resources’ Panda Hill niobium project in Tanzania, with test work and preliminary economic assessment programs ahead of schedule. The company reported that metallurgical test work and environmental and social impact assessments were at an advanced stage. Cradle managing director Grant Davey said the company was on track to complete all preliminary work by early 2014. “The study is progressing well, on time and on budget, with excellent results to date,” he said. “It is worth noting that a lot of the work being done on this study is at a pre-feasibility study level and we are working with world-class consultants. “We will have a clear, credible picture of this exciting project when the…

PRIVATELY-owned World Travel Professionals is one of Australia’s fastest growing travel management companies. Established in 1994, the passion for excellence of the owners, Michael-Chase Smith and Lisa Story, remains undiminished today. They are committed to providing clients with the perfect blend of personal service and innovative technology, delivering optimum results no matter the size or nature of the travel program. World Travel Professionals’ partnership with Amadeus, the world’s leading travel technology provider, allows for unique client solutions to be identified. The introduction of OneClick, Amadeus’ traveller safety and security product, has enabled clients to comply with duty of care obligations by being able to monitor the travel plans of travellers and make contact in the event of an emergency. In…

In the demanding world of mining, equipment faces relentless challenges: abrasive materials, corrosive environments, and constant mechanical stress. Ensuring the longevity and reliability of mining machinery is paramount. Enter Rhino Linings, a trusted name in protective coatings that offers unparalleled defence for mining plant and equipment. Unmatched Protection Against Harsh Conditions Mining operations expose equipment to extreme wear and tear. Rhino Linings’ spray-applied polyurethane and polyurea coatings form a seamless, durable barrier that resists abrasion, impact, and corrosion. These coatings adhere to various substrates, including steel, concrete, and fiberglass, ensuring comprehensive protection across diverse equipment types. Versatile Applications Across Mining Equipment Rhino Linings’ protective solutions are not limited to a single application. They have been effectively utilised on: Haul Trucks…