Metso will use Rockwell Automation?s industrial Internet of Things (IoT) platform to connect, monitor and perform analytics for its equipment and services for its mining and aggregates customers
Mining
Traxys signs antimony supply deal with Oman?s SPMP
Luxembourg-based Traxys Europe has signed contract with Oman?s Strategic and Precious Metals Processing (SPMP), a partnership that is aimed at supplying antimony-gold concentrates to the Oman Antimony Roaster (OAR), which is being constructed in the freezone of the SOHAR Port
Alara Resources signs off-take agreement for Oman?s copper mine
Alara Resources Limited, an Australian minerals exploration company with projects in Saudi Arabia and Oman, has signed an off-take agreement for the supply of copper concentrate from Al Hadeetha Project in Oman?s Washihi Reserve
Iran signs US$1bn zinc mining deal
Iran has signed a US$1bn deal with private investors to develop Mehdiabad, one of the world?s largest zinc mines, which it expects to come on stream in the next four years and produce 800,000 tonnes of zinc concentrate per year
Battered by price storm, MENA still taps prospects
Global 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