Mining

Battered by price storm, MENA still taps prospects

mining communicantcy pixabayGlobal mining activity is struggling to recover from its downturn at the start of 2015 and last year’s depressed metals prices, combined with falling demand in China and the rest of the key world economies, has led to fears in some quarters that the bottom of the cycle may not be reached in 2016

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Bidding for Egyptian gold mine to open next month

egyptmine glenross flickrEgypt will hold its first international tender for gold mining concessions since 2009 in early December, petroleum minister Tarek El Molla said at an economic conference

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Miner seeks investment to develop projects in Iran

copper neta623 pixabayPrivate Iranian company Mahan Company for Mines and Industries Development (MACMID) is seeking joint venture partners to help develop copper, steel and other projects in the country, according to managing director Ebrahim Sadeghi

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Yokogawa to sell CiDRA technology for mining in Middle East

cidraYokogawa Electric Corporation and CiDRA Corporate Services have entered into a distributor agreement to sell latter’s SONARtrac® range of flowmeters in the Middle East – Saudi Arabia, UAE, Bahrain, Egypt, Kuwait, Oman and Qatar, besides the Asian markets

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Ma’aden starts commercial gold output in Saudi Arabia

goldmine possumgirl2 flickrSaudi Arabian Mining Company (Ma’aden) has begun commercial output at the Ad Duwayhi gold mine in western region of the Kingdom

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