World Mining Magazine

Magazine

BHP Billiton-

ISSUE 1 LAUNCH ISSUE

World Mining

Technology and Innovation in Global Mining

World Mining Magazine

Statistics and Information Welcome to the first edition of World Mining Magazine.

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World Mining Magazine

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World Mining Magazine Worldwide Business Media Limited London EC1V 2NX United Kingdom Tel: =44 (0) 203 5751249 Sales email: info@ogsmag.com Editor email: editor@ogsmag.com web: www.ogsmag.com Registered No: 6809417 VAT No: 972 7492 76

World Mining Magazine 2014

World Mining Magazine is published by Worldwide Business Media Limited, London, EC1V 2NX United Kingdom. Registered No. 6809417 England/ Wales. VAT No. 972 7492 76. All rights reserved. Reproduction in whole or any part without written permission is strictly prohibited. Liability: while every care has been taken in the preperation of this magazine, the publishers cannot be held responsible for the accuracy of the information herein, or any consequence arising from it. All paper used in this production comes from well managed sources.

Magazine

Contents

Cover Story Page 6:

BHP Billiton

ISSUE 1 LAUNCH ISSUE

World Mining

BHP Billiton-

Technology and Innovation in Global Mining

Page 18 VersaDev Page 20 Atlas Copco’s Minetruck MT42 gets major upgrade Page 24 Bolinden’s Garpenberg Mine doubles productivity with

Atlas Copco’s Minetruck MT42 Page 26 Glencore and Peabody Energy form Hunter Valley coal joint venture Page 27 Anglo American delivers first ore on ship from Minas- Rio Page 27 Newmont welcomes Suriname’s decision to participate

in the Merian Gold Project Page 28 The new CAT GH800B Longwall Plow System achieves

high production in very low coal seam Page 30 Inca One continues strategic hiring at Chala One Plant in Peru Page 34 Modular Mining Systems replaces competitive fleet

management system at two large iron ore complexes in Brazil Page 35 Coeur discovers high-grade mineralization at Kensington Page 35 Barrick completes joint venture agreement with

Ma’Aden for Jabal Sayid Page 38 New Gold to acquire Bayfield Ventures Page 39 Modular Mining Systems celebrates 35 years of

innovation and helps mines move over 70 billion

additional tons of material Page 40 New CAT 994K Wheel Loader features increase payload,

power and productivity- and lower cost per ton Page 42 Vale opens iron ore distribution center in Malaysia Page 44 Deebar- Distinctively Deebar

Page 5 Page 13 Page 17 Page 19 Page 29 Page 31 Page 32 Page 36 Page 54 Page 56

ADVERTISERS

Atlas Copco Seeing Machines Esri Australia VersaDev Boliden Hoganas IT Vizion Konepaja Hakkinen Oy Tuscor Lloyds Global Logistics Harsco Infrastructure

Oil, Gas and Shipping Magazine Tel: +44(0)203 5751249 Sales email: info@ogsmag.com Editor email: editor@ogsmag.com

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BHP Billiton

BHP Billiton-

Technology and Innovation in Global Mining

BHP Billiton

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Mining is the backbone of BHP Billiton.

Formed from a merger between BHP and Billiton, two small mining companies founded in the mid-1800s, BHP Billiton is now a world leader in the diversified resources industry. The company is among the world’s largest producers of major commodities including, aluminium, coal, copper, iron ore, manganese, nickel, silver and uranium, and have substantial interests in oil and gas. The diversification of the BHP Billiton portfolio continues to be a defining attribute, along with a forward thinking philosophy that embraces innovation and technological advancement.

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BHP Billiton History

Billiton’s roots trace back to 1851 and a tin mine on a little known island in Indonesia, Billiton (Belitung) island. Billiton became a global leader in the metals and mining sector and a major producer of aluminium and alumina, chrome and manganese ores and alloys, steaming coal, nickel and titanium minerals.

Billiton also developed a substantial and growing copper portfolio.

Broken Hill Proprietary’s rich history began in a silver, lead and zinc mine in Broken Hill, Australia.

Incorporated in 1885, BHP engaged in the discovery, development, production and marketing of iron ore, copper, oil and gas, diamonds, silver, lead, zinc and a range of other natural resources. BHP was also a market leader in value-added flat steel products.

BHP and Billiton merged in June 2001, becoming one of the world’s largest diversified resources businesses that is today among the world’s largest producers of major commodities, including aluminium, coal, copper, iron ore, manganese, nickel, silver and uranium, and with substantial interests in oil and gas. In 2010, BHP Billiton celebrated its 150th anniversary and three significant milestones: Billiton’s establishment on 28 October 1860, BHP’s incorporation on 13 August 1885 and BHP Billiton’s listing on the Australian and London Stock Exchanges on 29 June 2001.

Business Areas BHP Billiton’s’ aluminium business has a portfolio of assets in three stages of the primary aluminium value chain: mining bauxite, refining bauxite into alumina and smelting alumina into aluminium metal.

It is one of the world’s largest integrated producers with operations in South America, Southern Africa and Australia.

Aluminium is a widely used non-ferrous metal with demand driven by end use consumption in transportation, packaging, construction and household items.

Its nickel business is one of the world’s largest nickel miners, the fifth largest refined nickel producer and a global supplier of nickel to the stainless steel industry.

BHP Billiton has two producing assets located in Australia and Colombia. Austenitic stainless steel, or nickel-containing stainless steel, promotes a more stable and ductile structure that contributes to corrosion resistance. This product is instrumental to many industries including architecture, transport, aerospace, medical and heavy industries as well as chemical processing and energy applications.

Nickel is also an essential element in many non-stainless steel applications like specialty alloys, foundry, chemicals and refractory material industries.

In May this year BHP Billiton announced a review of its Western Australian Nickel West business, comprising the Mt Keith, Cliffs and Leinster mines and associated concentrators, the Kalgoorlie smelter, the Kambalda concentrator and the Kwinana refinery. This review is now complete and the preferred option, the sale of the business, has not been achieved on an acceptable basis. The Company will only pursue options that maximise value for shareholders. At this time, Nickel West will remain in the BHP Billiton portfolio as a non-core asset and the Company will continue to operate the business to realise its full value.

Nickel West Asset President, Paul Harvey, said: “The focus of Nickel

West will remain on delivering safe and efficient production whilst pursuing every opportunity to maximise productivity, to reduce operating costs and increase free cash flow.”

The manganese business has two producing assets located in Australia and South Africa and is a world leader in the seaborne supply of manganese ore and a global producer of manganese alloy.

BHP Billiton

Manganese is an indispensable element in the manufacturing of steel, which in turn is an essential material in many industries including construction and transportation. Its use in the steel making process results in increased strength, resistance and machinability.

BHP Billiton’s globally diversified coal business produces thermal coal primarily for use in the electric power generation industry and high quality hard coking coal

for use in the international and domestic steel industry. With operations strategically located in areas with seaborne access, the business delivers logistical advantages to its customers.

BHP Billiton has access to dedicated deep-water ports allowing the use of large capacity vessels to further build on regional logistic advantages. There are eight thermal coal operations located in South Africa, Australia, the United States and South America.

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In addition to seaborne supply into the Atlantic and Pacific markets, BHP Billiton services domestic markets in South Africa, Australia and the United States. Metallurgical coal has a total of eleven operations and a further two green-fields mines under construction in Australia. These assets produce high quality hard coking coal, which is an essential raw material in the production of steel. This high quality hard coking coal is produced from low cost asset bases in Queensland (predominantly

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BHP Billiton

open cut mines owned in an alliance with Mitsubishi Development Pty Ltd and Mitsui) and New South Wales (100 per cent underground operations). With long life reserves, a strong portfolio of undeveloped resources and key infrastructure, the Coal business has the flexibility to continually expand BHP Billiton’s production capacity in line with customer needs.

In October this year BHP Billiton opened the US$3.4 billion Caval Ridge Mine, which has created around 500 jobs in Queensland.

Caval Ridge Mine is the BHP Billiton Mitsubishi Alliance’s eighth operation in the region and will initially produce up to 5.5 million tonnes per annum of premium quality metallurgical coal. The mine was delivered below budget, and produced its first coal three months ahead of schedule.

BHP Coal President, Mr Dalla Valle said the official opening was an opportunity for BHP Billiton and Mitsubishi to showcase a world class new mine in Queensland, which will contribute to Australia’s coal export industry.

“Today’s opening of the Caval Ridge Mine is a significant milestone for BHP Billiton.

The operation will produce metallurgical coal for the steel industry and has been constructed with the latest technology to be one of the most productive, sustainable and highly performing metallurgical coal mines in the world,” he said.

“Energy efficiency is a key focus for the mine and was built into its design and management system.

This includes the use of highly efficient equipment and the optimisation of truck, shovel and dragline movements. This

improves the efficiency of our energy use and helps minimise our greenhouse gas emissions. Since commencing operation, the Caval Ridge team has already achieved an Australian record for the amount of overburden moved by a shovel in one week.”

Mr Dalla Valle noted that recently BHP Billiton’s Coal business has needed to make some difficult decisions to ensure its operations remain sustainable.

“We are confident that if we maintain our productivity focus then we will continue to have a globally competitive business that will provide employment opportunities for generations to come,” he said.

Mr Dalla Valle said he was proud of the diverse workforce at Caval Ridge Mine, which helps shape a positive and productive culture at site.

“Caval Ridge Mine’s workforce, who commute from Cairns and Brisbane, include 21 per cent females, three per cent Indigenous and 43 per cent new-to-industry employees. We have invested considerably in recruiting and training new entrants to the coal industry who will work alongside some of our experienced operators,” he said.

“Having a FIFO operation enabled us to reach a wider potential employee pool across the State, not only bringing greater diversity but also enabling us to share the economic benefits of the mine more broadly. Over 30,000 people applied for around 950 roles at Caval Ridge and its sister mine Daunia.”

BHP Billiton, in partnership with Mitsubishi, is the largest employer

in the Bowen Basin region, with over 7,000 employees. Of the eight operations, six have a residential workforce and FIFO is just one part of the company’s workforce offering, enabling choice for employees on where they would like to work and live. BHP Billiton’s copper business has an excellent portfolio of mining operations with substantial growth opportunities and a number of expansion opportunities — both greenfield (new sites) and brownfield (developments on existing sites).

BHP Billiton

This is allowing the company to expand production significantly through various projects. With a portfolio of large, low-cost mining operations — including the Escondida mine in Chile which is the world’s largest single producer of copper — the aim is to become the pre-eminent supplier in copper through capacity expansions, reliable supply and innovative solutions. The operations also produce uranium oxide concentrate, lead concentrates and zinc concentrates, and provide

base metal concentrates to custom smelters and copper cathodes to rod and brass mills and casting plants. BHP Billiton is also focused on exploration. Its greenfield activities allow exploration of some of the most geologically prospective terrains across a wide array of countries and operating environments. Exploration activities include opportunity identification, application for and acquisition of mineral title, early reconnaissance operations to multimillion-dollar delineation drilling

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programs.

BHP Billiton Iron Ore is one of the world’s leading iron ore producers with operations in Australia and Brazil, selling lump and fine product from Australia and iron ore pellets from its Samarco operation in Brazil. Principal iron ore operations are based in the Pilbara region of northern Western Australia. The operation comprises a complex integrated system of seven inland mining operations, more than 1,000km of rail,

BHP Billiton

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stockyards and two separate port facilities located in Port Hedland.

These operations are owned through a number of Joint Venture arrangements. BHP Billiton Iron Ore is a 50:50 joint venture partner with Vale at the Samarco operations in Brazil. Iron ore is a major component in many modern office towers, including iconic structures around the world. It is also used extensively in motor vehicles, washing machines, refrigerators, ovens and other white goods. In pursuing ongoing growth plans, BHP Billiton Iron Ore is committed to working with its local communities to support sustainable development in the region and ensure their needs are incorporated into the company’s expansion plans.

BHP Billiton Petroleum has exploration, development, production and marketing activities in more than a dozen countries around the globe, with a significant position in the deep water Gulf of Mexico, onshore US and Australia. Petroleum also operates assets in the United States, Australia, United Kingdom, Trinidad and Tobago and Pakistan.

Its oil and gas strategy is to focus on material opportunities, at high working interest with a bias for operatorship. It also holds interests in exploration blocks, exploring for significant upstream opportunities in proven basins and promising prospects around the world using the latest seismic and geophysical technology to locate new resources.

14,500 square kilometres of highly prospective ground in the Saskatchewan potash basin.

The Jansen Project, located 140 kilometres east of Saskatoon, Saskatchewan, is its most advanced project and is in feasibility study stage.

Innovation and Advancement BHP Billiton has always looked to new technologies to better manage its businesses and safeguard the wellbeing of its employees.

For example, the potential to be exposed to situations that result in fatigue exists in many BHP Billiton operations. Driver fatigue, working long hours and failure to identify the symptoms of fatigue and personal factors that can contribute to fatigue are all major safety concerns. BHP Billiton is working to ensure operations have programs that increase fatigue awareness and highlight the impact of personal factors on the issue. Its operations are also required to have fatigue management plans in place to better address potential exposure.

BHP Billiton’s potash activities are aimed at potash project development. Its interest in potash is via development projects largely within the Canadian province of In the specific case of driver fatigue, .nossravPotash laH & nossrais vllaa H dglobally na RT ,nediloB :noitdrowsiness cudorp dna tnetnomay C Saskatchewan. be exacerbated by ,dnulgöH tgneB :snoitartsulli dna sotohP nossravlaH & nossravllaH :ngiseD traded irregular schedules ,otohcommodity pkcotSi ,dnaleiW ,mprimarily ahruD miT ,nossuused alO leinaD ,llaWshift ed sraLwork ,greB nafand etS littnA anilE ,nergmloH aniluaP ,nogaaJ ,aideM eroM ,xipnacS ,muesuM åetfellekS as a,afertiliser.

BHP Billiton has.nårybkfiarG aand poses safety risks to drivers and ksnevS ,nothgirC lieN .4102 ,others mlhtS GMTwho :gnitnirshare P exploration rights to over the road. In 2011, 3

two of its businesses, New Mexico Coal, in the US, and Western Australia Iron Ore (WAIO), in Australia, modified controls to manage driver fatigue.

At New Mexico Coal, technology detects driver drowsiness (which can manifest as micro-sleeps) through infrared sensors fitted to the dashboard of mobile equipment and gives drivers an immediate audio alert. The technology, called ‘Seeing Machines Driver Safety System’, is viewed as less invasive than systems that require specialised eyewear and it also provides real-time reporting of micro-sleeps so supervisors can stop the driver quickly if needed.

Results from the initial six-month period show the system raised worker fatigue awareness and the number of fatigue-related incidents decreased from 169 to 46. The technology is used alongside a worker education program that emphasises the importance of a healthy lifestyle in managing fatigue.

At WAIO, rosters were amended in FY2011 to better manage fatigue.

WAIO also revised its fatigue training process and improved tracking to ensure all personnel complete the training. Fatigue training is now included in the WAIO induction program, a EFIL NREDOM ROF SLATEM

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BHP Billiton

Supervisors are obliged to complete additional training to help them create a culture where fatigue is actively and openly discussed and to develop skills in identifying signs and symptoms.

BHP Billiton is also looking to new technology to improve its business. In 2013 it began piloting and introducing new technologies in selected assets including integrated remote operating centres, autonomous haulage, autonomous drilling and different ways of evaluating and modelling ore bodies. BHP is moving to what it calls ‘Next Generation Mining’.

This is driven on one hand by technology advances in autonomy and sensing. That coincides with a drive for growth in far more complex, deeper, lower-grade ore bodies.

Striving For Excellence In October this year BHP Billiton presented its plans simplify its portfolio, in order to maximise value and shareholder returns by reducing operating costs and improving capital efficiency.

BHP Billiton Chief Executive Officer, Andrew Mackenzie, said: “We are confident that our productivity drive will be accelerated by the demerger proposal we announced in August.

A simpler portfolio, focused on our 19 core assets, will retain an optimal level of diversification while generating even stronger growth and margins.”

Production from the core portfolio is expected to grow by 23 per cent over the two years to the end of the 2015 financial year as the Company completes high-return, brownfield projects and embeds productivityled volume gains. BHP Billiton remains on track to meet all 2015

financial year production guidance.

The Group has cut unit costs across all its mineral businesses and expects further reductions across the core portfolio. Unit costs at Western Australia Iron Ore fell 12 per cent in the second half of the 2014 financial year and a 25 per cent reduction is expected in the medium term.

Production costs in the Copper business have also fallen despite grade decline. Escondida unit costs declined by 22 per cent in the last two years and we forecast another five per cent reduction in the 2015 financial year.

At Queensland Coal, a 24 per cent reduction in operating costs has reestablished the business as a leader in its industry. BHP Billiton expects to reduce unit costs by a further 10 per cent, to below US$90 per tonne, in the 2015 financial year as it continues to increase throughput from its installed infrastructure.

In Petroleum, forensic benchmarking of every component of our Onshore US drilling program has significantly improved capital productivity. Drilling costs in the Black Hawk fell 16 per cent in the 2014 financial year. Onshore US operating costs are also expected to improve with a 10 per cent reduction forecast in the 2015 financial year.

BHP Billiton expects to embed a minimum of US$3.5 billion in annualised productivity gains7 by the end of the 2017 financial year with more than US$2.3 billion to come from cash cost savings.

The company’s longstanding capital management framework defines four priorities for cash flow: to retain a solid A credit rating to maintain a strong balance sheet through the cycle; to at least

maintain or grow its progressive base dividend in every reporting period; to invest selectively in highreturn opportunities through the cycle; and to return excess capital to shareholders in the most efficient way.

Mr Mackenzie said: “We see our capital management strategy as a precondition to maximising shareholder value. It has allowed us to invest through the cycle and grow our dividend at an average annual rate of 17 per cent over the

BHP Billiton

last decade without interruption.

Our core portfolio includes a suite of development options that are expected to generate an average rate of return of over 20 per cent.

As our capital efficiency improves we will be able to create more value for less investment. We believe we can significantly reduce annual capital expenditure relative to our current plans while maintaining our growth trajectory.”

BHP Billiton’s focus in Iron Ore and Coal is to safely stretch

the potential of our existing infrastructure and equipment. In Copper, BHP Billiton holds many of the industry’s best brownfield development options with projects under evaluation at Escondida, Spence and Olympic Dam. In Petroleum, the Group continues to prioritise value over volume, which dictates a focus on Onshore US liquids development and investment in high-return brownfield projects across the Conventional business.

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Mr Mackenzie said: “In the Eagle Ford and Permian we are forecasting liquids production of approximately 200 thousand barrels per day by the 2017 financial year.

This is expected to generate significant value as investments in our liquids-rich Onshore US wells typically generate returns of over 50 per cent. In time, we expect to fully develop our Haynesville gas field given the quality of our acreage.

As we look to improve the balance of liquids and gas across our Petroleum portfolio we have

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BHP Billiton

initiated the marketing of our Fayetteville acreage. However, we will only divest the field if it maximises value for shareholders.�

In closing, Mr Mackenzie said: “Our strategy, including our commitment to a strong balance sheet, has worked well for our owners. We have delivered a total shareholder return of 394 per cent over the last decade including US$64 billion in dividends and buy-backs. By safely improving operating and capital efficiency we will maximise value and increase cash returns to our shareholders. Improving our competitiveness will benefit shareholders and the local communities and economies in which we operate.�

BHP Billiton never takes its performance for granted. It continues daily to strive to safely operate all of its assets at capacity and continue to identify those resources that it will leave to the next generation of BHP Billiton leaders. BHP Billiton is committed to the health and safety of its people, the environment and the communities in which it operates. The long-term nature of its operations allows it to establish long lasting relationships with the host communities where it works together to make a positive contribution to the lives of people who live near its operations and to society in general.

An unrivalled portfolio of high quality growth opportunities will ensure BHP Billiton continues to meet the changing needs of its customers and the resources demand of emerging economies at every stage of their growth.

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VersaDev

VersaDev Established in 2000 in Adelaide, South Australia, VersaDev provides businesses with turnkey off the shelf and bespoke technology solutions. At start-up the company worked on solutions for local government. In 2002 VersaDev were asked to become a Microsoft certified partner, a move that greatly increased the company’s visibility in the marketplace. VersaDev strengths are its staff and their ability to quickly respond to its clients’ needs. The business has been built through enterprise level managed solutions, and VersaDev’s close partnerships with its client base.

BHP Billiton is the world’s largest diversified resources company. It is also VersaDev’s biggest client in terms of software usage by processing volume. The partnership began with BHP’s Shared Services Centre in Adelaide.

BHP wanted a fast turnaround for their software needs and VersaDev were able to provide a range of solutions.

The business critical nature and deliverable timing of their projects, with implications for business process improvements and the need for access for independent auditing, required a solution which was flexible, easily manageable yet needing to be delivered rapidly. Based on the Microsoft .NET Framework and delivered through the web browser, VersaDev systems provide BHP Billiton personnel with the ability to use a solution which is real time, eliminate labour intensive manual processing, utilise user security based workflow and sign-off and report effectively on outcomes.

VersaDev also provides BHP Billiton with versaSRS, a flexible and scalable solution for managing service request processes. As a result, BHP Billiton has adopted versaSRS for managing service requests for both Human Resources, Supply & Financial Services to effectively manage required actions and requests internally throughout the organisation globally.

The nature of BHP Billiton’s business is continual improvement and they have people in the business who are dedicated to this, so the fit with VersaDev was good. As time as gone on and the partnership has grown this ethos remains within BHP Billiton right across the globe. Most recently VersaDev has been working with BHP Billiton at their headquarters in Saskatoon, Canada, to deliver a stakeholder community communications system that provides transparency across the various projects in the region. It is a reflection of BHP Billiton’s ongoing ethos that they are keen to be highly visible and accountable within the local community.

The partnership with BHP Billiton has been a good local story for a local Australian firm.

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Atlas Copco

Atlas Copco’s Minetruck MT42 gets major upgrade

Atlas Copco

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The popular 42-tonne truck from the Atlas Copco Minetruck range looks set to embark on another successful journey following a major upgrade for increased productivity, safety and sustainability.

Atlas Copco’s Minetruck MT42 was introduced to the market in 2009, and has since been a faithful workhorse for mines around the world.

Now a range of new improvements has given this 42-tonne capacity vehicle the means to beat its own high productivity record.

The most striking upgrades are a newly designed box with an innovative tailgate solution and a new engine alternative fulfilling engine emission regulations.

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Atlas Copco

New box with tailgate

The new box is made of high strength steel. It has the same physical envelope size as the previous model, but with a reduced dump height. The geometry is new with optimized internal plate angles, making it easier for material to be released.

In addition, the new box is equipped with an innovative tailgate, which acts as a spill guard. The tailgate folds down automatically behind the box before dumping without affecting either ground clearance or visibility for the rear view camera. The gate is hydraulically operated and the status of the gate’s position is presented for the operator on the display in the cabin.

Tier 4 final engine

The new engine alternative for Minetruck MT42, the Cummins QSX15, meets the exhaust emission requirements of both EPA Tier 4 final and EU Stage IV, moving forward to meet near-zero emission levels. Compared to Tier 3 emission levels the new engine represents a 90 percent reduction for both PM (particulate matter) and NOx (nitrogen oxides).

The engine installation is fully integrated into the design of the Minetruck MT42 and the Atlas Copco’s Rig Control System, RCS. As an example, the status of the particulate filter and the level of the diesel exhaust fluid tank can be monitored on the display in the cabin.

The engine alternative is only suitable for markets with supply of Ultra Low Sulphur Diesel (ULSD), and low ash engine oil.

Atlas Copco

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Retarder for higher speed

The Minetruck MT42 is also prepared for an optional electromagnetic retarder braking system. When hauling downhill, the retarder creates resistance and retardation, providing wear-free braking. Under the right conditions it can also allow for a higher speed, resulting in increased productivity. This solution can be especially useful in applications with a high degree of haulage downhill with load, such as haulage of waste rock fill or in cut and fill applications.

“All these new features make this truck even better when it comes to productivity, safety, reliability and sustainability”, says Marcus Lundbergh, Product Manager at Atlas Copco. “It’s all about moving as much ore as possible in a safe and controlled manner and the upgraded Minetruck MT42 is unmatched in doing that.”

Atlas Copco says it will be ready to start deliveries of the new Minetruck MT42 in 2015.

For further information please contact: Marcus Lundbergh, Product Manager Phone: +46 (0)70 191 5781 E-mail: marcus.lundbergh@se.atlascopco.com Patrik Johansson, Project Leader Marketing Communications Phone: +46 (0)70 602 1249 E-mail: patrik.johansson@se.atlascopco.com

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Atlas Copco

Boliden’s Garpenberg Mine doubles productivity with Atlas Copco’s Minetruck MT42

Atlas Copco

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The underground Garpenberg Mine in central Sweden is to establish a new haulage operation based on dedicated mine trucks as part of a plan to almost double production by 2015.

A major project is under way at the Boliden-owned Garpenberg Mine in central Sweden to increase production from 1.4 Mt to 2.5 Mt per year by next year, and as a key part of that plan the mine has taken the decision to revise its haulage strategy.

Until now, the mine, which produces lead, zinc, silver and gold concentrates, has relied on general-purpose road trucks to haul the ore to the surface.

However, from 1 January these vehicles will be replaced by a fleet of Minetruck MT42 trucks developed and manufactured by Atlas Copco.

Local haulage contractor Långdahls Åkeri AB, which recently purchased four Minetruck MT42 trucks along with two Scooptram ST14 loaders, has been given the responsibility to optimize haulage operations at the mine for the next five years.

Elving Långdahl, owner and President of Långdahls, says: “This is a major investment for us. The deciding factor was that our Boliden contract is a relatively long-term one which means we can now replace the existing road trucks at the mine with trucks and loaders that have been designed and built for underground mining.”

(above) Elving Långdahl, owner and President of Långdahls Åkeri AB. (left) Lena Jensen from Långdahls Åkeri AB tries out the cabin of one of four purchased Minetruck MT42 trucks. Per Holmberg, Sales Manager at Atlas Copco, instructs.

“The new trucks load 42 tonnes while the trucks that have been used up to now only take 28 tonnes. That’s an improvement of about 40 per cent which will make a big difference to productivity.” Tire consumption is also an important cost factor. As the tires on the Minetruck MT42 are adapted for the tough mining environment they also last much longer than standard road tires.

Långdahls has long experience of transporting a wide variety of goods.

It has also been trucking ore at Garpenberg before, but only on the surface between the mine and the processing plant. With its Boliden contract, Långdahls will now be “going underground” for the very first time.

Another reason for choosing the Atlas Copco equipment is safety.

Långdahl’s Lena Jensen, who will be in charge of health and safety for the 60 or so drivers who will be working in the mine, says: “The cabin on the Minetruck MT42 is FOPS/ROPS approved which means they are built to withstand rock falls and protect the drivers. In addition, the cabins are ergonomically designed and comfortable.”

Elving Långdahl continues: “Naturally, trucks that are specially made for the job are more expensive than generalpurpose trucks, but they are also much more effective. By using the Atlas Copco equipment we are confident that we will be able to make the haulage operation in the mine more efficient than ever before.”

During the latter part of this year, Atlas Copco will carry out a two-day training program for the Garpenberg haulage team at Långdahls. In addition to theoretical and practical training, selected drivers will also be given indepth tuition on specific technology features such as the vehicles’ advanced control system.

News

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Glencore and Peabody Energy form Hunter Valley coal Joint Venture Glencore and Peabody Energy have agreed to form a 50:50 Joint Venture to develop a brownfield open cut coal project located between our existing United and Wambo mines in the NSW Hunter Valley.

The Project is subject to relevant State and Federal approvals. It will not increase Glencore’s overall annualised export tonnage from the Hunter Valley.

Expected to commence in mid-2017, the Project will realise major synergies between the two neighbouring operations. It will deliver optimal resource recovery and infrastructure use and significantly reduce operating and capital costs.

Output from some of Glencore’s existing operations will decline by 2017, so the JV enables us to grow value for shareholders without growing volume.

The United-Wambo JV will combine leases held by United Collieries (Glencore 95% and CFMEU 5%) and Peabody’s Wambo operations near Singleton.

Glencore continues to focus on aligning its portfolio and production with the prevailing market conditions. The JV will be managed by Glencore, with our share of production a maximum of 3 million tonnes per annum of saleable coal.

The announcement was welcomed by Peter Jordan, President of the CFMEU Northern Mining and NSW Energy District, who said the Project would provide continuity of employment for mineworkers. “It is very welcome news at a time when our region is suffering from substantial job losses in the coal industry”, he said. “It will contribute towards job security and inject badly needed income into the regional community as well.”

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group’s operations comprise over 150 mining and metallurgical sites, oil production assets and agricultural facilities.

With a strong footprint in both established and emerging regions for natural resources, Glencore’s industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing industries. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore employs around 200,000 people, including contractors.

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Anglo American delivers first ore on ship from Minas-Rio The first cargo of more than 80,000 tonnes of iron ore for the pellet feed market has been loaded onto a chartered vessel at the dedicated export terminal at the port of Açu in Rio de Janeiro state and the vessel is currently en route to customers in China.

Mark Cutifani, Chief Executive of Anglo American, said: “Delivering FOOS from Minas-Rio is a remarkable achievement from our team and is one of our three major commitments to our shareholders this year. Minas-Rio has an exceptional resource in terms of scale and ore quality, producing some of the highest quality pellet feed available for our customers across the Middle East and Asia, providing us with a clear competitive advantage.

We believe that the outlook for our particular premium product remains attractive, despite the current weakness in the iron ore price, and that the fully integrated operation of Minas-Rio – from mine to port – will enable us to sustain our low operating cost position over the long term.”

Paulo Castellari, CEO of Anglo American’s Iron Ore Brazil business, added: “I am delighted that we have shipped our first ore from Minas-Rio and that is testament to the incredible effort and dedication of the entire team, including our contractors, JV partners and suppliers, and the support of the regulatory authorities and government in Brazil over many years. We are now focused on achieving a safe ramp-up to the 26.5 Mtpa capacity over the next 18-20 months and on the regular cycle of licence and permit renewal required for a mining operation of our scale in Brazil as we transition into operational mode.”

Newmont Welcomes Suriname’s Decision to Participate in the Merian Gold Project Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) welcomed the government of Suriname’s decision to exercise its option to participate in a fully-funded, 25 percent equity ownership stake in the Merian Gold Project.

“We look forward to partnering with the government and people of Suriname in the Merian Gold Project,” said Gary Goldberg, President and Chief Executive Officer. “In addition to anchoring a new, prospective gold district in the Guiana Shield, Merian represents a profitable mine that will be a catalyst for responsible economic and social development.”

The Republic of Suriname has assigned its right to participate to Staatsolie Maatschappij Suriname N.V. (“Staatsolie”) a Surinamese corporation fully owned by the State of Suriname. Surgold, a wholly-owned Newmont entity, will be the managing partner with a 75 percent interest. Staatsolie, the limited partner, will hold the remaining 25 percent interest.

Staatsolie has made its initial cash contribution of approximately $83 million to Newmont. This payment follows the recent sale of Newmont’s stake in the Penmont joint venture, bringing total proceeds of divestments to nearly $1.4 billion in the last 18 months. With success in divesting non-core assets and confidence in future cash flows, Newmont intends to immediately allocate $100 million to repay a portion of its term loan.

Total capital investment for Merian is approximately $900 million to $1 billion, and the government of Suriname’s fully-funded interest includes contributions to all future project capital, operating expenses and exploration within an area of approximately 500,000 hectares (“Area of Interest”). The Mineral Agreement, executed between the Republic of Suriname and Surgold on November 22, 2013, establishes the terms and conditions that apply to the partnership within the Area of Interest.

Newmont expects to fund its approximate $600 million to $700 million remaining share of capital expense for Merian through available cash balances and projected cash flows.

Merian contains gold reserves of 4.2 million ounces1 and is expected to produce an average of 400,000 to 500,000 ounces per year in the first five years of operation with estimated average costs applicable to sales of between $650 and $750 per ounce, and estimated average all-in sustaining costs2 of between $750 and $850 per ounce.

Construction of Merian is underway and includes upgrading of roads and preparing the camp, mine and mill sites. Surgold expects to employ up to 2,500 people during project development and 1,300 during full operation.

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28

THE NEW CAT® GH800B LONGWALL PLOW SYSTEM ACHIEVES HIGH PRODUCTION IN VERY LOW COAL SEAM Caterpillar has developed the Cat® GH800B Longwall Plow System, designed for mining very low coal seams at high rates. Building on the attributes of the proven GH1600 Plow System, the Caterpillar longwall team in Lünen, Germany, worked with the German Ibbenbüren mine to design and construct a system for mining an anthracite seam averaging only 0.85 meters (33.5 inches) thick. The result is the GH800B Plow and associated longwall system, which is now successfully operating in the Ibbenbüren mine—where the seam does not exceed 1.0 meter (39 inches) in height.

The new GH800B plow system went underground for operation at Ibbenbüren mine in the fourth quarter of last year. In addition to impressive daily production, the new system reduces operating and maintenance costs by about 50 percent compared to a nearby coal face. An advance rate of as much as 10 meters (33 feet) per day reveals the enormous production capability of the system.

The Cat GH800 plow, with an installed power of 2 x 400 kW, has been the plow of choice for seam heights from 0.9 to 2.0 meters (35 to 78 inches), regardless of seam inclination or coal hardness.

But the lower the coal seam, the more difficult the extraction process. Flexibility, reliability, efficiency and serviceability of the whole system had to be refined for maximum productivity in such a minimal height, but several key modifications led to success.

The armored face conveyor (AFC) modifications for the GH800B plow system include PF4 plow line pans with a replaceable top trough and a new plow guide made of a one-piece casting to provide extra strength and durability while being much lower in height than the previous welded version. External dogbone connectors between the line pans and a very strong and flexible relay bar between the AFC and the roof supports (shields) further adapt the conveyor for very low seam operation. To increase coal throughput, the engineering team widened the conveyor cross-section with extended side plates.

The plow body of the GH800B system was adapted to cutting heights from a maximum 1.55 meters (61 inches) to as low as 0.75 meters (30 inches). An optimized design at both ends of the plow body helps load more coal onto the face conveyor and reduces the amount of cutting power consumed by this process. The Cat GH800B enables an effective horizon control system, which provides the ability to follow the seam line without cutting adjacent rock.

The Cat low seam roof supports were also specially designed for this application. Shortened canopies avoid collision with the plow even in their lowest position, and the shield canopies are 8 centimeters (3 inches) thinner to create a more ergonomic working environment for the face crew.

A canopy water spray sequence, synchronized with the cutting plow, keeps dust levels down.

Cat automation of the complete plow longwall as well as remote control of all functions and adjustments enables high production with no personnel at the face. The system enhances safety and minimizes operating cost.

The new GH800B plow system went underground for operation at Ibbenbüren mine in the fourth quarter of last year. In addition to impressive daily production, the new system reduces operating and maintenance costs by about 50 percent compared to a nearby coal face. An advance rate of as much as 10 meters (33 feet) per day reveals the enormous production capability of the system.

The Cat GH800B plow system is going to be operated in five consecutive longwall panels of the Ibbenbüren mine.

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30

Inca One Continues Strategic Hiring at Chala One Plant in Peru INCA ONE GOLD CORP. is pleased to announce that it has hired Emilio Ortiz as Mill Superintendent for the Chala One gold milling plant (the “Chala Plant”) in Peru. The Chala Plant has recently resumed test milling on its original processing circuit, and is in the final stages of expansion to 100 tonnes per day (“TPD”) capacity.

Mr. Ortiz joins the Company’s senior operating management team alongside Jaime Polar, a proven and seasoned industry veteran and former Barrick Operations General Manager (please refer to earlier press release dated September 9, 2014). Mr. Oritz will be overseeing the completion of the Chala Plant 100 TPD upgrade and ramp up of operations.

“The hiring of Emilio Ortiz, to work alongside Jaime Polar, Inca One’s Vice President of Operations, Peru, completes our senior management team for the Chala One Plant,” said Edward Kelly, Inca One’s President and CEO. “We also have in place a seasoned ore purchasing team with extensive experience in the identification and purchasing of high grade gold ores in Peru. This provides us with a strong competitive advantage.”

With 15 years in the industry, Mr. Ortiz brings a wealth of experience in mill management and operations in Peru. Working for one of the premiere gold mining and processing firms in the world, Mr. Ortiz began his career at Barrick Gold Corp’s (ABX. TO) (ABX), Pierina Gold Mine in 1999. The Pierina mine and milling operation is a Peruvian open-pit gold mine and associated gold-leaching operation. Since 1999, he has held various positions of increasing responsibility, including Lead Operator, Chief of Leach Operations, Processing Chief Operating Officer, Chief of General Processing Maintenance, General Chief of Maintenance Engineering, Chief of General Water Management, and most recently, Manager of Processing.

Mr. Ortiz and Mr. Polar previously worked in concert at Barrick’s Pierina mine. During Mr. Polar’s tenure, he oversaw six divisional managers and was responsible for more than 900 staff members. During Mr. Ortiz’s most recent assignment as Manager of Processing at Pierina, he supervised 65 workers, and was responsible for all administrative resources and procedures to assure the attainment of annual production goals, as well as the management of environmental and security measures.

Plant Expansion in Final Stages Over the coming weeks, Mr. Ortiz will oversee finalization of the Chala Plant expansion to 100TPD capacity, and supervise test milling, staff training, and operations ramp up.

Test milling in the original processing circuit has resumed (see press release dated November 20, 2014). Installation of the first of the two new 50 TPD ball mills has completed and is going through its start up and sequencing procedures. The second 50 TPD ball mill is currently being installed with all critical and non-critical components on site.

Inca One continues to project that full commissioning of the expanded plant will be on schedule for completion by the end of December 31, 2014.

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Modular Mining Systems’ Replaces Competitive Fleet Management System at Two Large Iron Ore Complexes in Brazil Modular Mining Systems, Inc., the global leader in the delivery of real-time computer-based mine management solutions for surface and underground mining operations, has announced one of the top multinational iron ore producers has chosen to implement Modular’s technologies at two of its mines near Belo Horizonte, Brazil, replacing their existing fleet management systems.

Modular’s DISPATCH® Fleet Management System (FMS) will optimize haulage operations on more than 100 trucks, 16 shovels, and numerous drills, loaders, dozers and auxiliary units across the two sites.

The mines have also chosen to implement multiple DISPATCH system add-on modules, including Speed Management, which helps improve operator safety, Fuel Service Management, and numerous other modules focused on optimizing operations and reducing costs. Wireless communications will be provided by Modular’s MasterLink® network.

Modular’s regional sales and support office, located in Belo Horizonte, has been delivering mine management systems to the Brazilian market since 1993. “Modular was selected based on extensive technical evaluations and feasibility studies which demonstrated not only the benefits from our DISPATCH system, but also the benefits of IntelliMine®, our suite of mine management solutions,” said Davi Freire, General Manager, Modular Brazil.

The products in the IntelliMine suite address the key areas of operations, maintenance, telemetry and high precision machine guidance, and operator safety. “Our primary goal is to maximize efficiency for our clients’ specific needs, and we are pleased to have the opportunity to help these two mines improve their operations,” Freire added.

The systems are expected to be in operation in early 2015.

About Modular Mining Systems, Inc. Founded in 1979, Modular Mining Systems, Inc. is the market-leading provider of powerful information management solutions that meet the needs of both surface and underground mining operations, worldwide.

Modular is committed to delivering state-of-the-art mine management technologies in the areas of production, machine guidance, equipment health, and operator safety. Globally, the company employs more than 600 employees in 11 offices on six continents. Modular technologies have been deployed at over 240 mines, including 18 of the 20 largest mines in the world.

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Coeur Discovers HighGrade Mineralization at Kensington Coeur Mining, Inc. has announced high-grade drill results from its Kensington gold mine in Alaska, including at the nearby Jualin zone.

“The renewed focus of our drilling program at Kensington has discovered high-grade mineralization to enhance the economics of the mine, resulting in a considerable number of drill holes containing multi-ounce gold intercepts,” said Hans Rasmussen, Coeur’s Vice President, Exploration.

Frank Hanagarne, Coeur’s Senior Vice President and Chief Operating Officer, said, “Operating consistency has improved at Kensington in the past two years, which has allowed us to increase our effort on exploration and long-term planning. The discovery at Jualin has the potential to significantly boost production grades, reduce unit costs, and increase free cash flow.”

At December 31, 2013, Kensington estimated proven and probable reserves totaled 6.0 million tons at an average grade of 0.15 oz/ton containing 902,000 ounces of gold. Coeur expects to spend a total of $9.1 million for exploration at Kensington in 2014, including $1.7 million in capitalized drilling. This is $3.0 million higher than the initial budget, reflecting Coeur’s success-based approach to funding exploration.

Jualin Vein 4 remains open at depth and to the north towards Kensington, reaching within 300 feet beneath the Jualin portal, which is near current mine infrastructure.

Permitting is underway for underground development at Jualin to provide access to underground drill stations. Drilling in Vein 4 is expected to continue in 2015 and 2016 with initial production expected in 2017. Once underground development has advanced, drilling is expected to also focus on further delineation of Vein 5, which has been encountered only 500 feet beneath Vein 4.

Zones 10 and 20 of Kensington South, located just 100-200 feet away from current mine development, are expected to be further drilled and developed over the next year and bring additional high-grade production into the mine plan beginning in 2016.

Barrick Gold Corporation has announced that it has completed the 50/50 joint venture agreement with Saudi Arabian Mining Company (Ma’aden) for the Jabal Sayid copper mine in Saudi Arabia.

Jabal Sayid is expected to begin shipping low-cost concentrate in early 2016.

When fully operational, the mine is expected to produce 100 million pounds1 of copper in concentrate per year in its first full five years, with the potential to increase to 130 million pounds1 per year.

“We are excited to move this project into production, working in collaboration with our new partners at Ma’aden,” said Kelvin Dushnisky, Co-President.

“Jabal Sayid is a high-quality mine that will be contributing new, lowcost copper production to Barrick in just over a year’s time,” said Jim Gowans, Co-President.

Jabal Sayid had 1.4 billion pounds of copper in proven and probable reserves as of December 31, 20132.

Further exploration work will be carried out within the mining license area and the exploration license area surrounding the mine with the aim of extending the mine life.

News

Coeur expects to complete a new resource estimate for Kensington to incorporate these results by year-end 2014 and anticipates releasing a new mine plan in early 2015. The new mine plan is expected to reflect higher-grade production, lower unit costs, and higher cash flow over the life of the mine.

Barrick Completes Joint Venture Agreement With Ma’aden for Jabal Sayid

Konepaja H채kkinen Oy Konekuja 4, FI-21200 RAISIO Tel. +358 207 813 400 E-mail: email@konepajahakkinen.fi Website: www.konepajahakkinen.fi

SCOPE OF SUPPLY MACHINING CLAD WELDING NDT CMM MEASURING

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New Gold to Acquire Bayfield Ventures New Gold Inc. has announced that it has entered into a definitive agreement (the “Agreement”) to acquire 100% of Bayfield Ventures Corp. (“Bayfield”) pursuant to a plan of arrangement (the “Arrangement”). Under the terms of the Arrangement, Bayfield shareholders will receive 0.0477 of a New Gold common share for each Bayfield common share held. The offer values Bayfield at $0.21 per common share or approximately $16.6 million, representing a 50% premium to Bayfield’s November 7, 2014 closing price and a 47% premium based on each company’s 20-day volume weighted average trading price.

It is expected that upon completion of the Arrangement, approximately 3.8 million New Gold common shares will be issued in consideration for Bayfield’s outstanding shares, which represents 0.8% of New Gold’s currently outstanding common shares. Following completion of the Arrangement, in accordance with their terms, Bayfield’s outstanding warrants will be adjusted based on the exchange ratio and become exercisable for New Gold common shares.

Bayfield’s assets include a 100% interest in three mineral properties, totaling 10 square kilometres, located adjacent to New Gold’s Rainy River project in northwestern Ontario. One of the three properties, the Burns Block, lies between the eastern edge of the planned open pit and the underground Intrepid zone at Rainy River, and contains National Instrument 43-101 compliant gold and silver mineral resources. New Gold owns the surface rights to the Burns Block and one of the other two properties where Bayfield holds the mineral interest.

“The acquisition of Bayfield further consolidates our position in the Rainy River district,” stated Hannes Portmann, Vice President, Corporate Development. “By adding these three properties within and adjacent to our project area, it simplifies our development plans, increases our gold and silver mineral resources and adds to our prospective land package.”

The board of directors of Bayfield has unanimously approved the transaction and the directors, officers and other shareholders of Bayfield, who hold approximately 3.3% of the issued and outstanding Bayfield shares, have entered into voting and support agreements with New Gold pursuant to which they have agreed, among other items, to support the transaction and vote their Bayfield shares in favour of the Arrangement.

Bayfield’s board of directors has also unanimously determined that the transaction is in the best interests of Bayfield shareholders and recommends that Bayfield shareholders vote in favour of the Arrangement. The recommendation of the Bayfield board is supported by a fairness opinion provided by Primary Capital Inc. to the special committee of Bayfield directors stating that the consideration is fair to Bayfield shareholders.

Pursuant to the Agreement, Bayfield has agreed, under certain circumstances, to pay New Gold a termination fee of $650,000. Bayfield has also provided New Gold with certain other customary rights, including a right to match competing offers. As part of the transaction, New Gold will loan Bayfield up to $300,000 to cover transactionrelated expenses which will be repayable in cash or Bayfield shares in the event Bayfield shareholders do not approve the transaction.

The Arrangement will be subject to the favourable vote of 66 2/3% of the votes cast by Bayfield shareholders, the approval of the court and other standard regulatory approvals.

Full details of the transaction will be set out in Bayfield’s information circular that will be prepared in respect of the special meeting of shareholders to approve the Arrangement.

Bayfield intends to mail the information circular in early December. The transaction is expected to close in early 2015.

Bayfield shareholders and other interested parties are advised to read the materials relating to the proposed Arrangement after they are filed by Bayfield on SEDAR at www.sedar.com.

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Modular Mining Systems Celebrates 35 Years of Innovation & Helps Mines Move Over 70 Billion Additional Tons of Material

Modular Mining Systems, Inc. is proudly celebrates 35 years of providing industry-leading mine management solutions for surface and underground operations. Founded in 1979, Modular revolutionized the way mines work in real time with the release of the DISPATCH® Fleet Management system (FMS). The system’s proprietary optimization algorithm, industry-specific software and rugged, purpose-built hardware eliminated the need for visual pit oversight, increased production, and enabled mines to manage their entire haulage cycle from a central computer. Modular’s first customer, the Phelps Dodge Corporation (now Freeport-McMoRan), installed the DISPATCH system at its Tyrone Mine in May of 1980. Soon thereafter, the mine reported an unprecedented 11% increase in productivity attributable to the increased efficiency derived from its implementation of the DISPATCH FMS. Since then, Modular has consistently repeated this success.

By optimizing production at over 240 mine sites, the DISPATCH system has helped customers move more than 70 billion tons of additional material. Over the last three decades, Modular has gone on to develop the IntelliMine® Mine Management suite, comprised of the DISPATCH FMS, ProVision® Machine Guidance solution, MineCare® Maintenance Management system, and MineAlert™ Safety Management Tools. Together, these products address the big picture areas of operations, planning, maintenance, and safety. As it has from the beginning, Modular continues to focus on innovation and new ideas, while simultaneously ensuring that customers receive the maximum value from their investment. “We take lessons from the past while keeping our eyes firmly set on a vision for the future,” said Luiz Steinberg, Modular CEO. “As a company, our goal is to provide quality products that help our customers achieve higher levels of productivity, profitability, and operator safety.” Today, Modular employs more than 600 personnel in 11 globallydistributed offices, supporting systems on six continents, including 18 of the 20 largest mines in the world.

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Caterpillar

NEW CAT® 994K WHEEL LOADER FEATURES INCREASED PAYLOAD, POWER AND PRODUCTIVITY— AND LOWER COST PER TON The new Cat® 994K Wheel Loader is Caterpillar’s largest wheel loader and handles significantly greater payload compared to its predecessor, the 994H. The result is fewer passes required to load large mining trucks, higher productivity and lower cost per unit of material moved. The standard 994K carries 45 tons (40.8 tonnes) per pass, and the high lift version moves 42 tons (38.1 tonnes) per pass— 18 percent and 20 percent more, respectively, than the previous model.

The 994K loads mining trucks in the 250, 200 and 150 short ton classes in one less pass than the previous model. The high lift configuration is a six-pass match with the popular Cat 793 mining truck, and the high lift as well as the standard configuration loads the Cat 789 in five passes. The standard configuration loads the Cat 785 in four passes.

More engine power, increased hydraulic flow, greater breakout force and rimpull, and improved lateral stability contribute to high productivity.

The new 994K also offers options to expand its application range and versatility. The new high ambient package is available to equip the loader for operation in temperatures as high as 50 degrees C, and the standard cooling package offers improved cooling compared to the previous model. An optional fuel tank holds enough fuel to operate the loader for 24 hours without refueling. New high performance buckets in a wide range of capacities are optimized for the 994K linkage kinematics. The new bucket design has an extended floor, larger radius and angled side bars for fast loading, high fill factors and good material retention.

A number of efficiency improvements, such as the electronically controlled and hydraulically driven cooling system fan, help keep operating costs down. The new engine air filtration system delivers three times the life of the previous system.

The new 994K also features safety and operator health enhancements, such as a reduced stair angle for easy access and egress, a Cat Deluxe seat and four-point seat belts. The operator has increased visibility with new mining mirrors, optimized LED lighting and an improved camera for greater site awareness. The loader also

Caterpillar

delivers reduced sound in the cab to help fight operator fatigue, and increased cab air pressurization and filtration keep dirt out.

The 994K is designed to keep service time to a minimum. Engine oil change intervals are 500 hours minimum, and all routine service points are conveniently located on the left side of the loader. Hydraulically driven auto lube handles linkage greasing.

Superior hydraulic system filtration helps ensure long life and optimum performance, and durable LED lights extend service intervals. Modular design makes field assembly and component replacements faster.

The 994K design is aligned with Cat MineStar™ System capabilities. The Detect object detection system and proximity awareness system are easily installed on the loader.

Proven power train The Cat 3516E engine produces net power of 1,739 hp (1297 kW) and is proven in previous 994 loaders as well as large mining trucks. The engine works through a Cat planetary powershift transmission specifically designed for mining applications.

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An integral Impeller Clutch Torque Converter and Rimpull Control System allow the operator to precisely adjust power at the wheels to specific loading conditions by modulating rimpull from 100 to 25 percent, reducing potential for tire slippage without diminishing hydraulic capacity.

The 994K Wheel Loader will be commercially available in first quarter 2016. For more information about the new mining loader, customers should contact the local Cat dealer.

www.cat.com

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Vale

Vale

opens iron ore distribution center in Malaysia

Vale

Following US$ 1.37 billion in estimated investments, Vale’s iron ore distribution center in Malaysia, formally known as Teluk Rubiah Maritime Terminal, is now operational.

With a capacity of handling 30 million metric tons of iron ore per year, Teluk Rubiah will serve as a strategic distribution hub to our customers in Asia.

The facility is comprised of a deep water wharf and five stockyards where different types of iron ore can be blended and customised to the needs of regional steelmakers. Equipped with an import system with the ability to unload vessels of up to 400,000 DWT and an export one with the capacity of loading vessels up to Capesize, the distribution center’s operations are fully automated ensuring optimum efficiency in the process. Until October, Teluk Rubiah has already unloaded eight Valemaxes and loaded five Capesizes successfully.

“Teluk Rubiah is a cornerstone of Vale’s business strategy of investing in solutions which aim to enhance the company’s capability to supply iron ore more efficiently to the Asian markets”, said Mr. Murilo Ferreira, Vale’s Chief Executive Officer. “The distribution center brings our mines closer to our customers in Asia.”

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Located in the Straits of Malacca, about 10 days far from other ports in the region, the distribution center will allow the company to reduce the iron ore delivery time to our clients in Asia and Southeast Asia, increasing our competitiveness, added Mr. José Carlos Martins, Executive Officer for Ferrous and Strategy.

Located in the Straits of Malacca, about 10 days far from other ports in the region, the distribution center will allow the company to reduce the iron ore delivery time to our clients in Asia and Southeast Asia, increasing our competitiveness, added Mr. José Carlos Martins, Executive Officer for Ferrous and Strategy.

With Teluk Rubiah, Vale will have the opportunity to blend ores with different grades from its production systems, which were always sold on the market separately, each one with different specific features, providing greater flexibility for supplying iron ore. Furthermore, the distribution center, combined with a fleet of very large ore carriers, represents a more sustainable solution, contributing to a reduction in GHG emissions for iron ore delivered in Asia. Teluk Rubiah is capable of receiving Valemax vessels, which allow for a 35% reduction in carbon emissions per ton of ore transported. From there, the iron ore is transported in Capesize vessels to its port destinations.

Vale’s operations in Teluk Rubiah will create approximately 600 direct jobs and 1200 indirect jobs in region.

More than 90% of Vale’s permanent employees are locals and 60% of them joined the company through apprenticeship programs organized by the company in order to recruit and train fresh graduates from local communities. Since commencing construction of its facility in 2011, Vale has invested more than US$ 10 Million in various socio-environmental initiatives.

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Deebar

DISTINCTIVELY DEEBAR Deebar is a world leader in designing and manufacturing high quality products for the Mining, Power Generation, Motor, Petro-Chemical and Pharmaceutical Industries.

Deebar, with its own Research and Development department, continuously research and develop products to maintain Deebar's lead in both the products and industries we service.

As designers, manufacturers and suppliers of electrical/electronic equipment, our commitment to quality and customer service is a priority. This is confirmed by Moody International and our compliance to ISO9001:2008 Quality Management Systems Accreditation.

Deebar's head office and main factory is in Gauteng and our products are backed by a national network of Stockists and Platinum Partners, with our own branches based in Cape Town, Rustenburg, Carletonville, Klerksdorp and Steelpoort.

Deebar have been in the field of lock and call bell shaft signalling since 1976 and are continually upgrading systems with the latest technology to improve safety features. Together, with Deebar's extensive range of mine shaft signalling, Deebar remain the market leaders in the field of shaft signalling, monitoring, Scada displays and shaft gate interlocks together with many other products as displayed in our catalogue.

The Deebar Rail-Veyor速 System is another unique product that transports bulk material. The system is based on the principle of a rollercoaster where a train consisting of a series of articulated trough-like cars, inter-connected, representing a long, open trough move along a track. Rail-Veyor cars allows for operation in an inverted position by use of a double set of parallel rails. This feature allows controlled, non stop dumping of material by turning through an outside loop.

Fortress Interlocking System is an extensive range of world renowned trapped key safety interlocks which provide the crucial solution to electro-mechanical interlocking to ensure the ultimate in safety to plant and personnel.

IMO Precision Controls represented by Deebar in South Africa, market an extensive range of industrial automation and electronic components, that include Jaguar drives, relays, limit switches, PLC's, proximity switches, timers and many other products which can been seen in our catalogue.

Benedict GmbH (Telux): Low voltage switchgear built and tested according to International specifications.

Production of switches is assembled according to ISO 9001.2008 standards. Products include a range of isolators, rotary cam switches, contactors, push buttons, pilot lights and many more which can be seen in our catalogue.

Deebar

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DISTINCTIVELY DEEBAR

Reliability Product reliability is vital and that is why Deebar remains focused on, centered design, manufacture and service. Along with a comprehensive range of products, Deebar guarantees you the highest quality in products and services.

At Deebar, we are committed to listen to our customers, understand their needs and endeavour to deliver results that exceed their expectations. When it comes to products and service we pride ourselves on service and reliability.

Mission Statement Deebar designs and manufactures highly reliable Signalling, Communication, Monitoring Devices, Safety Equipment and Bulk Material Handling Systems for use in harsh environments within the Mining, Power Generation, Automotive and Process Industries and will continually improve its technologies and service by applying creativity to all aspects of its business.

Vision Deebar intends to continually develop the latest technology for its core client base in which it operates in and strives for perfection. In doing so it will assist in uplifting and improving the quality of life of all its employees.

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Safety At Deebar, we strive to provide a safe working environment for all our employees and to produce safety enhancing products for all our customers. Safety is a priority to Deebar, this is evident in the wide range of safety related products in our portfolio.

Social Responsibility At Deebar we consider the broader interests of society and we contribute towards the organisation “Sports For All� to create community economic empowerment in urban, semi-urban and rural communities.

The programme focuses on job creation, service delivery to communities and skills development to create a sustainable future.

Quality Quality means more than providing a product or service, it's a way of doing business and ultimately, a way of ensuring that we satisfy our customers needs. At Deebar we are all truly committed to strive for continuous improvement, delivering high quality products and services to all our customers.

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Mining Deebar's core business has always been Shaft Signalling Systems that the majority of the mines in Southern Africa are using as their standard products. Deebar's shaft signalling systems have been safely transporting thousands of men daily to their work stations underground and back to surface.

All shaft signals and other activities are monitored, recorded and graphically displayed to the engine driver providing a full history of all shaft station activities. (Similar to a black box in an aircraft).

Other products include: Station Stopping Device: A robust mechanical device used to prevent / safeguard underground vehicles from falling down a vertical mine shaft. Interlocked with the shaft bells, it minimises the possibility of the Winder Driver moving the conveyance in an unsafe mode.

A vast range of lighting products are manufactured, these include, Underground Lighting for haulages, Station Lighting, Robot and Level Indication Lighting, Flashing beacons, Refuge Bay Emergency Lights, etc.

Communication Systems include: Mine Telephones and Robust Intercom Systems (Biza Khuluma).

An extensive range of Starters, including, Whinch, Pump and Fan Starters are manufactured as standard products for the mining industry with Deebar having the facility to build any starter to the customer's exact specifications.

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Interlocking - Fortress As a leader in Trapped Key Interlocking, Deebar design and manufacture Safety Interlocking Systems for the Mining, Steel, Motor, Power Generation, Food, Drink and Automotive Industries.

The Fortress range of products with its unique lock mechanism ensures the integrity of the Inter-Locking System and provides personnel with unmatched protection.

Installing Fortress Interlocks eliminates the potential for human error and ensures that the desired operation is performed in a safe manner every time machines/equipment is used.

Switchgear - imo / benedict Deebar market and supply the well known IMO range of switchgear products to all industries. IMO is focused on providing Industrial Automation, Motion Control and Electronic components which, when combined with superior service, offers customers significant competitive advantage.

From a single product to complete application solutions, the IMO Automation and Controls range fully address the sense, control and switch demands of today's factory automation and control environment.

In terms of choice IMO is at the forefront of the switchgear industry, offering everything to meet the needs of today's OEM's, panel builders and end users In addition, Deebar also market the Benedict range of Rotary Switches, such as On/Off switches, change over, motor switches, ammeter, voltmeter, step switches etc.

An extensive range of Switch Disconnectors is also supplied.

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Deebar Rail-Veyor Bulk Material Handling System Deebar Rail-Veyor速 is a unique Bulk Material Transport System that combines the best features of both the standard conveyor belt and rail systems for transporting material. It conveys material as a conveyor with high flexibility at an increased capacity while being able to negotiate curves like a rail system.

The Rail-Veyor速 system has numerous advantages, some of which include: Low operational cost owing to its low energy use.

Non-polluting drive system uses electricity instead of fume emitting vehicles.

No material spillage owing to the rubber interconnecting flaps.

The design allows the train to pass through low tunnels and bridges to avoid obstacles.

The initial cost of the system is low.

The system is fully automated from loading to tipping.

Deebar Rail-Veyor速 can negotiate curves of up to 29 degrees.

Rail-Veyor has been tested up inclines at 20% (11.31 ) Other benefits the system offers are that no direct operator control is needed as the system runs automatically and allows for multiple-dump passes since the same loop can allow for multiple loading stations and dumps.

Deebar offers a custom-designed Rail-Veyor速 system made specifically to suit a given site. By carrying out an assessment of the area; Determining the required tons an hour, material type and bulk density, haul distance, estimated material size, material condition (wet, dry or solid percentage), elevation variation including maximum incline or decline, surface or underground and tipping method - a system can be designed to suit a particular site.

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Sheet Metal Department Our fully equipped Sheet Metal Workshop manufactures and supplies a wide variety of sheet metal products which include: -

Standard Electrical Enclosures Power Pack Cabinets Floor Standing Panels Long Range Fuel Tanks Any Specialised fabricated products to meet the customer's exact requirements

Enclosures can be manufactured to IP54, IP55 & IP65 standards and can be supplied in mild steel, 3CR12, 430, 304 and 316 stainless steel.

Products can be powder coated to any specific colour and the stainless steel can be supplied in a matt / brush finish.

CNC Punching Our Computerised 16 Station CNC punching machine producing 400 hits per minute can cut, notch and punch various sized holes, slots, louvers etc. to suit the customer's requirements.

CNC Bending Our computerised CNC bending machine with automatic adjusting stops, ensures that every product is identical.

TIG Welding We use TIG Welding as it is considered to be of the highest quality and the most versatile form of welding, producing very clean and precise welds.

The versatility and relatively light weight of TIG Welding equipment makes it a preferred choice in on-site field work.

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Automation Automation is a word now used widely to describe many services and products that have had some or all of the human interaction taken out and replaced with an electronic signal or application programme.

A fundamental truth remains true and that is; a machine can never replace a Human.

As industries have developed and technology has improved new and innovative ways of performing tasks, monitoring for safety and efficiency and controlling processes have emerged. We deploy these technologies to benefit both people and business. A philosophy of drive cost down and efficiency up, guides our life cycle engineering designs.

Complex control of petro chemical processes to simple monitoring of a pump delivering water to a tank are now tied together through communication systems across the world or just to the room next door.

Deebar Automation integrates the range of products under Deebar Mining and Deebar Rail-Veyor速 into user friendly systems that monitor report and make critical decisions on your behalf to ensure continued operations in your absence. World leading suppliers of PLC, MCC, SCADA and HMI products are used by Deebar Automation to deliver integrated, functional systems for process automation, production monitoring, performance monitoring and reporting.

DEEBAR AUTOMATION

SCOPE - Battery limits - Standards - Budgets - Audits - Responsibility - Field Instrument - PLC - SCADA - MIS - Reporting

PROJECT MANAGEMENT

BUILD & INSTALL

- Method 123 - Narratives - Typical's - Layouts - Networks - Quality plan - AutoCAD

- Application Programming - FAT - CAT - Interface Testing - Quality Control - PLC - SCADA - Panels - MCC - Field Installation

COMMISSION - Network setup - Server Setup - Drive setup - Commissioning - Loop check - Redline

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where can you find us?

Steelpoort Rustenburg Johannesburg Carletonville Klerksdorp Kuruman

Welkom

Port Elizabeth Cape Town

Branches

Distributors

- Johannesburg - Rustenburg - Carletonville - Klerksdorp - Cape Town - Steelpoort

- Welkom (Imesco) - Kuruman (Electri-City) - Port Elizabeth (Rubicon)

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DISTINCTIVELY DEEBAR JOHANNESBURG P.O. Box 40325 Cleveland 2022 Gauteng South Africa 15 Main Reef Road Primrose Ext.1 Germiston 1401 Tel: (011) 873-4332/3/4/5 (011) 825 5045/6 Fax: (011) 825 6984 E-Mail : sales@deebar.co.za Web Page : www.deebar.co.za

CARLETONVILLE 11 Botha Street Oberholzer Carletonville 2502 Tel: (018) 787-4068/9 Fax: (018) 787-2610 E-Mail : c-ville@deebar.co.za

RUSTENBURG 11 ACBO Industrial Park Rustenburg 0299 Tel: (014) 596-5141/6734 Fax: (014) 596-5898 E-Mail : rust@deebar.co.za

CAPE TOWN G16 Centurion Business Park, Democracy Way Montague Gardens Cape Town 7441 Tel: (021) 551-1787 Fax: (021) 555-0676 E-Mail : capetown@deebar.co.za

KLERKSDORP 25 Neethling Street, Stilfontein Tel: (018) 484 - 1864/5 Fax: (018) 484 - 1869 Email: klerksdorp@deebar.co.za

STEELPOORT Tel: E-Mail:

082 600 4978 sales@deebar.co.za

Access Towers

Edge Protection

MEWPs

Mastclimbers

Scaffolding & Staircases

Site & Safety

Suspended Access

Training

Insulation & Cladding

Painting & Coating

Fireproofing

Tracing

Encapsulation & Shelters

Your global fabric maintenance partner.

Offering you a unique multi-product approach.

At Harsco Infrastructure we develop fabric maintenance plans based on your specific requirements, rather than our catalogue. Our solutions utilise the most appropriate product and labour combination, from heavy duty system scaffolding or suspended access to grit blasting or cleaning. We also specialise in mechanical access, light access towers, rope access, specialist painting services, insulation, fireproofing, edge protection, encapsulation and shelters - all from one partner.

With over 6,000 employees and 300 years of global temporary works and industrial maintenance experience combined, our safe and innovative solutions ensure clients deliver their term maintenance or new build projects as successfully and economically as possible - no matter how large or complex the requirement.

Insight onsite.™

Contact us: E info@harsco-i.com www.harsco-i.com

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