tag:blogger.com,1999:blog-67571601855250303452024-03-13T20:30:20.890-07:00Inside the earthAnonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-6757160185525030345.post-86462590758698887372015-01-29T20:02:00.001-08:002015-01-29T20:02:15.540-08:00DTHR 300 @ GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="https://www.youtube.com/embed/ytTBOz9MMjc" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-85976005474232758422014-10-12T23:16:00.001-07:002014-10-12T23:16:20.084-07:00Piling/Foundation Drilling Rigs Manufacturers--GETECH EQUIPMENTS INTERNA...<iframe allowfullscreen="" frameborder="0" height="344" src="https://www.youtube.com/embed/sfSZ1swLG74" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-6598754929808805652014-08-21T01:54:00.001-07:002014-08-21T01:54:23.625-07:00TBW 150 @ GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe width="459" height="344" src="//www.youtube.com/embed/VaTQYKK148o" frameborder="0" allowFullScreen=""></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-52031998436310743272014-08-18T05:01:00.001-07:002014-08-18T05:01:05.244-07:00DTHR 650 @ GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/jx8StsCrkBw" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-6780837935064504682014-08-13T03:55:00.001-07:002014-08-13T03:55:01.857-07:00DTHR 450 @ GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/gsKYvGvTiyE" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-31907259774584267082014-08-09T21:42:00.001-07:002014-08-09T21:42:51.181-07:00DTHR 300 @ GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/ytTBOz9MMjc" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-74686548310718129172014-08-07T23:59:00.001-07:002014-08-07T23:59:30.566-07:00DTHR 150 (T) @ GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/EpkkfT-HtXA" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-10631858522715021952014-08-07T03:40:00.001-07:002014-08-07T03:40:59.309-07:00DTHR 150@GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/5HBJfnXr41A" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-11386352430732302562014-08-05T22:17:00.001-07:002014-08-05T22:17:44.320-07:00DTH 600@GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/8Hg3vKI9iks" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-50192980815886853082014-08-03T21:59:00.001-07:002014-08-03T21:59:39.694-07:00DTH 450 DRILLING RIG@GETECH EQUIPMENTS INTERNATIONAL PVT LTD<iframe allowfullscreen="" frameborder="0" height="344" src="//www.youtube.com/embed/B-3BtvYF04s" width="459"></iframe>Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-84156228076339960622013-12-19T05:03:00.002-08:002013-12-19T05:05:39.058-08:00A Good Future for Miners Ahead<div dir="ltr" style="text-align: left;" trbidi="on">
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According to EY’s Capital Confidence Barometer, Mining and
Metal Sector, the confident level in this sector has increased drastically over
a period of last 12 months. When only 38% of the mining companies were focusing
on growth and expansion last year about 55% on the companies are on the verge
of expansion presently. EV states the main reason for this development as the
increasingly stable global economy, especially in the mature markets.</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5SdIJMJ0yIm8Ld1VTSdX_GJFqEO_YOl44xUwxlrxXl-M7IBoyWKL9DUiU2l3r10cVIx6m9L7z2tQLoMGwHTaLQQUGZkK4IrpAxp8BwY2RciX-hcQ287apj1uH8ewg-oe1jdp-dpXcJf4/s1600/mng.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5SdIJMJ0yIm8Ld1VTSdX_GJFqEO_YOl44xUwxlrxXl-M7IBoyWKL9DUiU2l3r10cVIx6m9L7z2tQLoMGwHTaLQQUGZkK4IrpAxp8BwY2RciX-hcQ287apj1uH8ewg-oe1jdp-dpXcJf4/s1600/mng.jpg" /></a></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
During last few years the transactions in the<a href="http://getechindia.com/" target="_blank"> mining </a>and
metal industry were falling down drastically. Struggles faced in capital
allocation and the access to the capital challenges was stated as the reason
for this down fall. Anyway the GDP growth has returned in all mature markets
and this improves the credit availabilities too. Even though, the preference in
this sector is still on low risk investments, which may results in mergers or acquisitions.
Similarly, investors are not so enthusiastic to invest in this sector although
banks and other financial institutions are ready to lend. However, this is
dismissed as a fear that aroused form the experience of the past and according
to experts in this sector the trend will change in favor of mining and metal
sector within another six months or so. </div>
<div class="MsoNormal">
According to the experts only 57% were of the opinion that
the global economy is improving about six months back and now almost 72%
believe. This clearly underlines the changing mind of people who have the
ability to invest. As the time passes, the apprehensions about the mining
sector also will go off from their mind and they will come forward to invest
here also. Many expect. </div>
<div class="MsoNormal">
Earlier also there were reports from different parts of the
world about the improvements witnessed in this sector. Altogether it make us to
believe that the miners are going to enjoy a bright future from next year
onward. </div>
<div class="MsoNormal">
<br /></div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-85063079311871984632013-12-09T02:41:00.001-08:002013-12-19T05:05:16.514-08:00Mining Jobs on a Leap in Australia<div dir="ltr" style="text-align: left;" trbidi="on">
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<br />
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It is great news for all. In a recent study report, the
research firm BIS Shrapnet has predicted a hike in the job opportunities in the
mining sector in Australia. This will more in iron ore and liquefied natural
gas sectors. </div>
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In their detailed study report they claim that the export of
both these commodities will increase in the coming years and the GDP share of
these sectors will increase from 18.7% to 19.8 %. They have earlier predicted a
hike in the investments in mining sector and 2012 and 2013 witnessed that boom.
According to their report this will reduce to by 20% in the coming 5 years. At
the same time the mining production will increase by 41% which will increase
the related activities such as maintenance and exports. These are the areas
where there is a large work force is required in all levels and a large number
of people with different educational qualifications will get opportunities in
this boom.</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ-JsUMv8KmX0RYeQIV_K2_Mby3bSq1vEBA4CofKKVckflIAsCfqINU0d5-ufkwcLDU5yNbQPpnG_k9nPs7aO6opkIlgN78AYHQFfUQfhVjbOCLXh4kQwJrHMGKl-7HPqCXm1CO4UsyRM/s1600/australia+mining.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ-JsUMv8KmX0RYeQIV_K2_Mby3bSq1vEBA4CofKKVckflIAsCfqINU0d5-ufkwcLDU5yNbQPpnG_k9nPs7aO6opkIlgN78AYHQFfUQfhVjbOCLXh4kQwJrHMGKl-7HPqCXm1CO4UsyRM/s1600/australia+mining.jpg" /></a></div>
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<br /></div>
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According to many experts, this boom in the mining sector,
which is predicted for another five years will certainly influence the
economical growth of Australia. Increased production and exports will certainly
pump in lot of money and other sectors such as construction, manufacturing etc
will start booming using this money. Hence, there will not be a problem if a
slow down happens in <a href="http://getechindia.com/" target="_blank">the mining sector</a> after these five years.</div>
<div class="MsoNormal">
However, the miners are not seeing any luck in this boom as
they will be squeezed by the low commodity prices and high Australian dollar
rates. Still they can make enough profit as the production increases.</div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-87727532646791301442013-12-06T21:18:00.001-08:002013-12-06T21:18:57.924-08:00Now it is the Turn of North Korea in Rare Earths<div dir="ltr" style="text-align: left;" trbidi="on">
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Rare earth elements are always in demand as they were the
most important raw materials in various industries such as green house
technology, defense products and consumer electronic products. Initially they
were sourced from the placer deposits in India and Brazil in early 1940’s, but
South Africa dominated in the production in 1950’s. <span style="mso-spacerun: yes;"> </span>However, from 1960’s , U. S take over the
regime and the major supply started coming from the Mountain Pass mine in
California. This continued till 1980’s and then China entered in the market
with 95% of the world’s total rare earth coming from Mongolia. China is not
only the major supplier, but also became the major consumer of rare earths
going ahead of Japan and South Korea. </div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZqLjLLfTXnNxX-aFmk1h2c3IilOTsQ5LQdasuWuHbG8IJHxRGgxEOscBxYFyqcAd3_qmE0UJ0N3tFo6iB2ABJrIVvOJVYe487SKNsqVC405g05ngGn40Ty9nyD-3y9nJJp7p2FkRwfWg/s1600/rare+earths+world.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="194" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZqLjLLfTXnNxX-aFmk1h2c3IilOTsQ5LQdasuWuHbG8IJHxRGgxEOscBxYFyqcAd3_qmE0UJ0N3tFo6iB2ABJrIVvOJVYe487SKNsqVC405g05ngGn40Ty9nyD-3y9nJJp7p2FkRwfWg/s320/rare+earths+world.gif" width="320" /></a></div>
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<br /></div>
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China’s monopoly in the production and its role as the major
consumer increased the rates and after 1980’s price of some rare earth elements
have gone up twenty folders high. Alarming increase in the prices sent warning
alarms and the exploitation for rare earths has started world over. As a result
fresh source of rare earths have been found at different places such as Canada,
Green Lands, Malaysia etc. It has been found at some places in Australia too.
Although it was not sufficient to meet the requirements of the world other than
China, it became a reason to bring down the prices considerably. This gave a
fresh breath to the industries where rare earths are most important raw
materials.</div>
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQe0fplJfiJZG6mbJe90tbvcw1UqibKg-Via_P9U-P0iXYJy9Y24IhOydUsvo1BlpyPQnbHT1DxVROllHLydp2TJMuyobVWmFtW9teTwxZfre9ddQkw6jKpbFRlRGCP1QE9YouLsf241g/s1600/North+Korea+mines.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQe0fplJfiJZG6mbJe90tbvcw1UqibKg-Via_P9U-P0iXYJy9Y24IhOydUsvo1BlpyPQnbHT1DxVROllHLydp2TJMuyobVWmFtW9teTwxZfre9ddQkw6jKpbFRlRGCP1QE9YouLsf241g/s320/North+Korea+mines.jpg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Mining center in North Korea</td></tr>
</tbody></table>
<br /></div>
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As good news to the industry, a private firm that has been
hired by the North Korean authorities has announced the finding of world’s
largest rare earth source. SRE, the private firm which discovered this source
has already signed a contract of 25 years to explore the resources with the
Korea Natural Resources Trading Council. The joint venture company, Pacific
Century Rare Earth Mineral Limited has also given permission for a processing
plant at the site. The site Jongui is located about 150 kilometers northwest of
the national capital Pyongyang.</div>
<div class="MsoNormal">
Experts are of the opinion that this new development will
help to bring down the prices further and this will help the different
industries, especially consumer electronics a lot. Approximately, 216 million
tons of rare earth deposits are believed to be here in this region which is the
largest in the world. <span style="mso-spacerun: yes;"> </span></div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-4640018623808138872013-10-21T02:32:00.001-07:002013-10-21T02:32:09.337-07:00Will Chinese Renminbi (RMB) replace Dollar in International trade?<div dir="ltr" style="text-align: left;" trbidi="on">
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China with its emerging economy is all set to put a
challenge to the so far undisputed place of US dollars in international trade.
China consumes about half of the base metals produced in the world. It buys
almost 42% of the total copper produced in the world and about one billion
metric tons of iron too. Recently China became the largest importer of oil in
the world and all set to pass the record of India as the largest importer of
gold. </div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSxzsjs4jdVxrqQMNvQA6BWTm9QjNsdep05vNyEggxE4MKygMeUl9d0QpzMxmIA5nG1xEXJsZD7NkrCfY57Rxl1BZHWl_wtVQwbFgkuw1ThU-yaedWo89vGPXtpPsko0yYaud4267Yjpo/s1600/rmb.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="199" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSxzsjs4jdVxrqQMNvQA6BWTm9QjNsdep05vNyEggxE4MKygMeUl9d0QpzMxmIA5nG1xEXJsZD7NkrCfY57Rxl1BZHWl_wtVQwbFgkuw1ThU-yaedWo89vGPXtpPsko0yYaud4267Yjpo/s320/rmb.jpg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Chinese Currency</td></tr>
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In such a condition nobody will get surprised if the Chinese
RMB got approval as the currency for international trade. This currency is
being used as a settlement currency in Australia and this practice has been
increased in the near past. According to HSBC, RMB will become the third
largest unit used for trade by 2015. Although China had to suffer severely
during the treasury shutdown in US as it was the major holder of US treasury
bonds, it could recover from the fall very fast. </div>
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Now, China is one of the most sought after manufacturing
hubs in the world. With cheap labor and availability of raw materials China
attracts manufacturers from world over to its soil to start units. Excellent
infrastructure and comparatively well maintained public disciple are the other
two factors which turn the decision in favor of China when the question is
about to start a manufacturing unit.</div>
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After making their domestic economy stable now the dragons
are all set to conquer the world of business with RMB. A recent commentary in
China’s state media is considered as a sign of this. During treasury shutdowns
in US, media in China called for a de-Americanised world where small and big
countries will have their key interested protected and will get an equal
treatment. </div>
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When we go by the history of China, it is proven that they
have achieved almost everything they aspired for. If the history has to repeat
once again, we can see Chinese Renminbi (RMB) in the place of US dollars very
soon. </div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-31137880493031476932013-10-20T22:36:00.001-07:002013-10-20T22:36:15.480-07:00The Mozambican Answer for Environmental Issues Related to Mining<div dir="ltr" style="text-align: left;" trbidi="on">
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Mining may be the sector that attracts maximum number of
protests from the environmentalists. It is the same sector that has been held
responsible for many environmental issues all over the world. We cannot deny
the fact that mining causes an ecological imbalance and affects the natural
environment of the region. However, we cannot stop mining for the sake of
environment as it is one of the most important sectors that are responsible for
the life today.</div>
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People from different walks of life depend on mining to
continue living either directly or indirectly. You cannot even think about
living without oil, metals and several other minerals which are used in the
production of many articles we consider as essential things to live. So the
best solution is to avoid the damages to the nature or minimize it.</div>
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Rising to the occasion, many mining companies have
implemented various measures to minimize the effects on ecology. They are
investing more on <a href="http://getechindia.com/products//" target="_blank">Eco-friendly mining equipments</a> and tools and trying to avoid
cutting down trees in the area as far as possible. Recently, LNG trucks have
been introduced at many mining fields to minimize the pollution caused by
diesel vehicles. </div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAnwgy3G8XS02w4tZ2hll_kFFPR6tl6_9CPdl8-hImxk59EwKKKpUP7g6KZhpPVJi1WHwKBzDr0-EZ28sNEvHJ40IWI-cqz6-UDf3SB8_G83_UQ5A5szPj4yDxgGgrgWQ2UVcbGylcTy8/s1600/mz.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="192" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAnwgy3G8XS02w4tZ2hll_kFFPR6tl6_9CPdl8-hImxk59EwKKKpUP7g6KZhpPVJi1WHwKBzDr0-EZ28sNEvHJ40IWI-cqz6-UDf3SB8_G83_UQ5A5szPj4yDxgGgrgWQ2UVcbGylcTy8/s320/mz.jpg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Mozambique </td></tr>
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Now the government in Mozambique has come out with a unique
project to protect the environment in the Tete Province. 60% of this region is
allocated to coal mines and many environmental activists and agencies have
raised concerns many times in the past. The nation was not in a position to
declare a ban on coal mining as it constitutes major part of its total revenue.
After a series of discussions and debates the government has planned to start
up a national park spreading across an area of 350,000 hectors here. The parks
will have Hippos, Elephants, Lions and Tigers among other animals. As the area
selected for building national park is with lot of trees and other geographical
structures, it will not take much time to start the park. </div>
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Mozambique, which has one of the largest coal resources in
the world, attracted the attention of many mining companies from the western
hemisphere of the earth. Many well reputed mining giants have interests in this
soil. Now they are in bit confusion on the government’s decision to balance the
environment. They are worried but not started protesting against this new move
of the government. Anyway, environmental activists and organizations are
welcoming this initiative wholeheartedly. </div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-20986655132918891552013-10-19T03:09:00.002-07:002013-10-19T03:09:34.278-07:00Dragon Dance Continues<div dir="ltr" style="text-align: left;" trbidi="on">
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China has emerged as a economical power within a short span
of time. When the authorities started removing iron curtains slowly by the end
of the last century, even they will not have thought that the nation will
become a force to reckon with in the next century. Despite the rumors that
China is planning a slowdown in developmental activities, experts at different
sectors predict a substantial growth for China in each sector.</div>
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Mining industry too started turning China oriented. Energy
and Metal Analysis firm, Wood Mackenize reports that China will be the largest
consumer for base metals (Non-ferrous, non-precious metals) in the world by
2017. According to their calculation, China will be consuming about 52 % of the
quantity of base metals consumed by the entire world. Presently it is about
46%.</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZg7cEEA8BvPtTzq0a2O0XfB6VNpejiUCSexxTQ449FFIi0q7Jf-3ggXfEZJJ8LSKf0fNIrsaxAvpZd5QPJFrztEGAGEOiBcFWEPkwkFTqhMcyJPbyo4f_L6GHYfZtyFae-JLpW8FVaU0/s1600/ch.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="198" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZg7cEEA8BvPtTzq0a2O0XfB6VNpejiUCSexxTQ449FFIi0q7Jf-3ggXfEZJJ8LSKf0fNIrsaxAvpZd5QPJFrztEGAGEOiBcFWEPkwkFTqhMcyJPbyo4f_L6GHYfZtyFae-JLpW8FVaU0/s320/ch.jpg" width="320" /></a></div>
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Even now China is a determinant factor in base metal mining
industry as the major customer. The fast developments the nation experienced in
the last two decades and relatively flexible rules promoted industrialization
in China. Now it has become a manufacturing hub with manufacturing units for
almost everything in the world. Availability of raw materials and comparatively
cheaper labor charges make it a favorite destination for many manufacturers. In
real, manufacturers from other countries are experiencing a tough competition
from Chinese products.</div>
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The prediction by Wood Meckenize clearly indicates the fact
that the country has a strong financial base and will not have to worry about
the happenings in rest of the world. And by this year end, almost all the
mining companies worldwide will start concentrating in China. China too is
looking for this opportunity when they can bargain strongly for a better deal.
According to the head of base metal department in Wood Mackenize, Helen
Mathews, more demand will be for the metals such as Zinc, Aluminum, Copper,
Lead and Nickel. </div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-71020675931037610022013-10-16T00:53:00.001-07:002013-10-16T00:53:45.135-07:00Another Positive Move from the Mongolian Government<div dir="ltr" style="text-align: left;" trbidi="on">
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There were reports earlier about the changes brought by the
Mongolian government in the existing mining law which is supposed to give a
boost to the industry. Although everyone concerned to this industry hailed the decision,
still there were some doubts about how much the amendment will help the mining
sector.</div>
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The major reason for this apprehension was the dispute going
on between the government and the Canadian mining company, RIO TINTO over the
underground expansion of Oyu Tolgoi copper and gold mine. Government holds 34%
of the share in this mine while the rest is owned by the Canadian company.</div>
<div class="MsoNormal">
The dispute has aroused over a number of issues such as cost
overruns, employment and pay of Mongolian workers etc apart from the ownership
issue. Entire mining industry was eagerly waiting to see how the government will
handle the dispute and whether the final outcome will send a positive signal to
the rest of the world. </div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj4GLVTvs_wpEcXogBywJMiORWa8TvAQuWY2wk2-QFK6BOsnZLiG92_fSWgnJKXr3QUGk5hofXGSUjdimBfH0Zn3aYiB53SagGJ-zF6Rh7fiwg1dGYGE6t68_dZYMp4w35bS9bY9LR71u4/s1600/mn.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj4GLVTvs_wpEcXogBywJMiORWa8TvAQuWY2wk2-QFK6BOsnZLiG92_fSWgnJKXr3QUGk5hofXGSUjdimBfH0Zn3aYiB53SagGJ-zF6Rh7fiwg1dGYGE6t68_dZYMp4w35bS9bY9LR71u4/s1600/mn.jpg" /></a></div>
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<br /></div>
<div class="MsoNormal">
Anyway, the new CEO of the company, Craig Kinnell has taken
initiative to solve the issue and he expressed his willingness to talk with the
authorities to find out a solution which will not harm the interests of both
the parties involved. The meetings are beginning today and the world mining
industry is waiting eagerly to know the results.</div>
<div class="MsoNormal">
As Mongolia experienced a sudden fall in direct foreign investment,
the government has come up with several modifications in the existing mining
laws to bring in more foreign investment in that sector. <a href="http://getechindia.com/products/customised-rigs//">Mining</a>, being the
major source of revenue the government cannot stand rigid on these issues for a
long time, say many industry watchers. <span style="mso-spacerun: yes;"> </span></div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-40604297300809623022013-10-15T00:16:00.000-07:002013-10-15T00:49:04.638-07:00Good Opportunities for Iron Ore Exporters<div dir="ltr" style="text-align: left;" trbidi="on">
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There was a rumor quite some time back that China’s economy
is experiencing a slowdown. This rumor dearly costed the iron ore industry as
China being the largest consumer in the world for iron ore. It is estimated that
China alone consumes the same quantity of iron ores as consumed by the rest of
the world. However, it proved to be a sheer rumor as China has imported almost
74.58 million tons of iron ore during September 2013. This is an all time high
figure and it denotes that China’s economy is growing as far as the iron
industry sector is concerned.</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMvvl9NtTYisCgTYbmebIyH9oZ_WqaeX1dGGxVugtuv4WTxwikCHRLTkaOhOmaoTYzvZk5607ZNiD7-gRw-uw3ToOkbwchbjTAho3cIvHczbfkrO0z6fH7gYWadx6zJHivpCGk9dycYLY/s1600/ch.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMvvl9NtTYisCgTYbmebIyH9oZ_WqaeX1dGGxVugtuv4WTxwikCHRLTkaOhOmaoTYzvZk5607ZNiD7-gRw-uw3ToOkbwchbjTAho3cIvHczbfkrO0z6fH7gYWadx6zJHivpCGk9dycYLY/s1600/ch.jpeg" /></a></div>
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<br /></div>
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The production rate of steel in China has increased and it
is estimated that about 2.4 m tons were produced every day in September. As the
demand for the steel from China keeps on increases, the production will catch
up momentum in the near future. This indicates that more China may require more
iron ore in the future. Realizing the situation the new Chinese leadership has
opened the mining industry for market forces. Although this new policy paid
well initially, the high mining cost and poor quality of the ores available in
the domestic mines haunts China. </div>
<div class="MsoNormal">
This news has created a new enthusiasm among the miners all
over the world. Many mining companies engaged in iron ore mining have started
increasing their production and as a support to them, mining equipment and
tools manufacturers have come up with new technologies to increase productivity
and to reduce the mining costs. Fuel efficient and fast drilling hydraulic<a href="http://getechindia.com/products/index.html#drilling_04"> blast hole drilling rigs</a> are good examples. There is no doubt that the days to
come will witness more development in technology to support high productivity. </div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-47749705304280360922013-10-11T05:48:00.002-07:002013-10-11T05:48:37.974-07:00Bold Step by Mongolia to Promote Mining<div dir="ltr" style="text-align: left;" trbidi="on">
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Mongolia faced a lot of setbacks in the recent past due to
several wrong steps taken by the government in the mining sector. Mining sector
constitutes almost 20% of the GDP and hence the drop in revenue from the mining
sector affected the entire economy badly. The foreign direct investment in the
country has fallen by 47% and the currency faced a depreciation of 20%.</div>
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzU-nJBnjENZ5ooK4IB0oyReWZBu-Vd1ptHYKuS-Tar5KaW91uuZv0-1TJLSP-LhyDcTLjVvn9jNluyf5h67Fo5aTvBJF1WfPIuR-WooWljLkv8ZXyXjfzqBJGYxS2Qxg4lmzC7-dv7RQ/s1600/mn.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzU-nJBnjENZ5ooK4IB0oyReWZBu-Vd1ptHYKuS-Tar5KaW91uuZv0-1TJLSP-LhyDcTLjVvn9jNluyf5h67Fo5aTvBJF1WfPIuR-WooWljLkv8ZXyXjfzqBJGYxS2Qxg4lmzC7-dv7RQ/s320/mn.jpg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Mines of Mongolia</td></tr>
</tbody></table>
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However, the government could rise to the occasion and it
brought a new law aimed at promoting new investments in the mining sector. The
new law has been approved by the parliament and at the same time country’s
cabinet has approved several crucial changes in the 2012 Strategic Entities Foreign
Investment Law to make the things smoother. With this amendment the uncertainty
surrounding the taxes and royalty has been removed and the picture became
clearer now. Besides, the differentiation between the domestic and foreign investors
has been removed. According to the Mongolia Cabinet Secretary, this move will
be a turning point in the history of Mongolia. As the country has a great treasure
of different metals, minerals and coal, this new law will help the country to
attract good foreign direct investment and the same will certainly change the
fate of the nation.</div>
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Although the new law has been welcomed widely by the <a href="http://getechindia.com/products/index.html#drilling_04">mining industry,</a> still there are issues to be solved to take full benefits out of this
law. Second phase underground development of Oyu Tolgoi, the largest copper
mine has been stalled due to different reasons. <span style="mso-spacerun: yes;"> </span>Similarly the license of Vancouver based
explorer Entrée Gold has been cancelled during last February and the talks are
still going on that. There are several more instances like these which may pull
back foreign investors. However, government is keen to solve all those issues
as fast as possible.</div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-76664829716658041782013-10-11T05:18:00.001-07:002013-10-11T05:26:55.053-07:00Ire Over Rejection of Mining Proposal<div dir="ltr" style="text-align: left;" trbidi="on">
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Canadian federal government is facing ire of a large section
of people over rejecting the sanction for Taskeo Mine’s “New Prosperity Copper
mines in British Columbia Province. Federal government rejected the proposal on
the basis of some environmental issues. Earlier the provincial government has
given sanction for the project.</div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXE4RgpKueLXwgTLs-mqH4Oe0iMRvYa5gb_PYZ565O51RFC-WB00U807VUp8sWNyugSwPqjC9aWym-1n0ZNTI5Ld46KT7gI2B113UH9SI9DEdsxYSY4-m8HjVUADBXn-4oKck15faNV-c/s1600/cn.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXE4RgpKueLXwgTLs-mqH4Oe0iMRvYa5gb_PYZ565O51RFC-WB00U807VUp8sWNyugSwPqjC9aWym-1n0ZNTI5Ld46KT7gI2B113UH9SI9DEdsxYSY4-m8HjVUADBXn-4oKck15faNV-c/s320/cn.jpg" width="224" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Detailed Map Showing Mining sites in British Columbia</td></tr>
</tbody></table>
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British Columbia, the westernmost province of Canada is
being inhabited by more than 4 million people and the economy is mainly based
on the natural resources. According to the locals, almost all businesses
running in BC depends totally on the income from the mining sector. At present
there are a few mining companies who are the major employers in this region.
Had the government approved the proposal for the new mines, it would have been
a boom to the economy of the province. It is estimated that about 11 billion
dollar would have been credited to the government in terms of taxes had the new
mines started functioning. </div>
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“A lot of good chances for development have been missed by
this decision. Once the new mine started functioning, it would have brought in
many changes in all sectors and the region would have experienced a growth.” Many
people aired their opinion unanimously. </div>
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The reason pointed out for rejecting the proposal was some
major environmental issues. Many environmentalists and First Nations Groups
raised their voice against the proposed destruction of the fish lake for using
the same as tailings impoundment. However, Teskeo, the promoters of the project
has included an additional amount of 300 million dollars to take measures to
minimize the environmental impacts caused by mining and for preserving the fish
lake. However, the Federal Government seems to be not fully convinced about it
and they rejected the proposal respecting the sentiments of activists.</div>
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Investors are watching the incident closely and many feel that
his decision will be a setback to the region as <a href="http://getechindia.com/products/index.html#drilling_04">mining</a> is the only sector in
British Columbia where one can invest safely. </div>
</div>
Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0tag:blogger.com,1999:blog-6757160185525030345.post-52235667247458316332013-06-24T01:38:00.001-07:002013-06-24T01:38:09.663-07:00Different Types of Water Drilling Rigs<div dir="ltr" style="text-align: left;" trbidi="on">
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Water scarcity is a problem faced in almost all areas in
earth. In many places the scarcity may be due to the insufficient stock of
ground water where as in some other areas it may be due to the practical difficulties
in using the water source effectively. There are many reasons for the under
usage of source and one important one among them is the lack of knowledge and
powerful technology to exploit the water source. Here the water drilling rigs
play an important role. Mobile water drilling rigs are more comfortable to
identify the water source and to dig the earth to exploit the source. There are
different types of water drilling rigs based on the size and configuration.
However, these types of water drilling rigs are basically divided into three
categories depending on the power they used to perform. </div>
<h3 style="text-align: left;">
<b>Electric Water Drilling Rigs:</b></h3>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqqjfq40wGxrXQF4fvePn_uQW6y4V9keodG80kd3eho5WOYbY6oe_X_Xu1Mez2PCqoGlnkd-nReoyJORv-oGBsmxGjGtMbjDYwNIJof3_hMIJvGhFaoWhbvUtJ1gx22rLzG7R-iG5P0mY/s1600/1.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqqjfq40wGxrXQF4fvePn_uQW6y4V9keodG80kd3eho5WOYbY6oe_X_Xu1Mez2PCqoGlnkd-nReoyJORv-oGBsmxGjGtMbjDYwNIJof3_hMIJvGhFaoWhbvUtJ1gx22rLzG7R-iG5P0mY/s1600/1.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Electric Water Drilling Rigs</td></tr>
</tbody></table>
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These rigs are functioning on the power of electricity and
are capable of drilling up to 200 ft. Usually they carry engines with less
horse power than the other rigs and will have to get connected to any outside
power generator or a power grid for functioning.</div>
<h3 style="text-align: left;">
<b>Mechanical Water Drilling Rigs:</b></h3>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxyr_I1Dch7L_BwXSZ0juhXiPXJkcGEas1uBWMeSCsYeDWcC5IkZVkdEDhmoCDSdkLhd6WnprZ7_QkpTCCuqfFZ4I6FNm_DO7p_ABPb16XgXa5bxuJuvr7DiYHAr3ONXarx1PL013sbZc/s1600/2.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="190" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxyr_I1Dch7L_BwXSZ0juhXiPXJkcGEas1uBWMeSCsYeDWcC5IkZVkdEDhmoCDSdkLhd6WnprZ7_QkpTCCuqfFZ4I6FNm_DO7p_ABPb16XgXa5bxuJuvr7DiYHAr3ONXarx1PL013sbZc/s320/2.jpg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Mechanical Water Drilling Rigs</td></tr>
</tbody></table>
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These rigs will work with power generated by diesel and
usually will be mounted on the backside of a bulldozer or a crane like vehicle.
These vehicles can move around in any sort of terrain and can be used in any
areas. These engines are more powerful than the electric ones and can be used
to dig deeper inside the earth.</div>
<h3 style="text-align: left;">
<b>Hydraulic Water Drilling Rigs</b></h3>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvJJJ4YszsoXzJgZBklOi6iiZ4t9aV_LqNqXPBFecGKfbDzv2pLmo9kgsRuBHT7Iuyf2WuQLC1l6GuhKxx1aoWesw6TjxiposNa-CPNk2rMRDZS9dJuy_kq3wLzGOIPT1_0Zq1xJ2HXHs/s1600/3.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvJJJ4YszsoXzJgZBklOi6iiZ4t9aV_LqNqXPBFecGKfbDzv2pLmo9kgsRuBHT7Iuyf2WuQLC1l6GuhKxx1aoWesw6TjxiposNa-CPNk2rMRDZS9dJuy_kq3wLzGOIPT1_0Zq1xJ2HXHs/s320/3.jpg" width="316" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Hydraulic Water Drilling Rigs</td></tr>
</tbody></table>
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The most important advantage of Hydraulic Water Drilling
Rigs are that it can generate more power than and hence it is more efficient
than the electric or mechanical rigs. Each part of the rig relies on hydraulics
to make each move smoother and faster. This type of water drilling rigs is used
to go deeper when the ground water level is far below.</div>
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Usually water drilling rigs are come for help when the centralized
water source is failed to provide enough water. With the help of modern
technology, now drilling is possible even on the mountains and areas where
moving of regular vehicles will be difficult.
Many companies are manufacturing <a href="http://www.getechindia.com/products/index.html#drilling_01">eco-friendly water drilling rigs</a> too to
save the surroundings.</div>
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Anonymoushttp://www.blogger.com/profile/15624557154339837739noreply@blogger.com0