Mining Dewatering – ZYfire

OBTAINING insurance for a mine site can be a complex process, but Affinity Insurance makes it easy for contractors to understand what types of cover they may need, how to get it, and how much it will cost – giving them options to make the right decision on how to best insure their business. According to the family-owned firm, owners of mobile plant and equipment were often unaware that they could insure the resultant loss of profits, or extra costs incurred, when hiring temporary equipment if their own was damaged. “Companies that contract to mine sites can protect their assets and the income linked to their machines if they use the right insurer,” a company spokesperson said. Affinity Insurance can...

Liontown awards $71m contract to GR Engineering Services Liontown Resources Limited (ASX: LTR) has awarded an EPC (engineering, procurement and construction) contract worth about $71m to GR Engineering Services Limited (ASX: GNG). The contract is for the delivery and commissioning of its paste plant facility for underground mining operations at Kathleen Valley. The paste plant will include two trains capable of producing up to 160m3/hr of paste and has been designed to accommodate future expansion of mining operations to 4mtpa. Liontown managing director and chief executive Tony Ottaviano says the paste plant will further derisk the...

DESPITE the tough economic conditions of the past year, Independence Group has ended 2012 on a high, and will continue to transform itself from a junior explorer to a successful multi-commodity producer in the coming year. Company highlights during 2012 have included the announcement of record production levels at the flagship Long Nickel mine; significant construction headway at the Tropicana gold project; and completion of a $115.5 million equity raising. Furthermore, the company expects to more than double its revenue – which was $216.6 million for the 2011 to 2012 financial year – once production begins at Tropicana, 330km northeast of Kalgoorlie, towards the end of next year. In the company’s 2012 annual report, Independence Group chairman Peter Bilbe said...