What’s next? It’s the question that is foremost on all our minds. Will there be more shutdowns? Will there be more restrictions? But perhaps we should also be asking one more important question: What will happen when the “all clear” is given?
Stockpiles will have been used up. Demand will skyrocket. Production will then be taxed to the limits and beyond and the scramble for solutions to meet the need will be inevitable. Without diminishing the concerns of the present, Arva Industries wants you to be thinking ahead and prepared for that “all clear” because we believe we will get there together.
With machines capable of increasing your production and capabilities, Arva stands at the ready now to build what you need to meet that challenge. Our systems have been upgraded and our workforce educated to enable us to continue design and production during this crisis. The only remaining question is, “What can Arva build now to prepare you?”
Below is an outline of some of our field-proven machines. Do you have an application that requires a custom solution? Tell us what you need, and our engineers will work with you to make it happen.
Arva Industries is waiting to answer your questions and ready to help prepare you to return to work.
Arva Industries - Catalogue - Mining.pdf
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Hello Gordon:
Please reach out to me, there are still a great deal of projects that don't have enough suppliers.
Global Mining Firms continue to take steps to deal with COVID-19, ranging from encouraging employees and contractors to wash their hands regularly to placing operations on "care and maintenance" and reevaluating planned projects.
Rio Tinto (NYSE:RIO) (London, England) said Monday it would slow some of its operations as a result of actions by the premier of Quebec, Canada, and the president of South Africa, to contain the spread of the virus.
At its Richards Bay Minerals (RBM) operation in South Africa, Rio Tinto said it will curtail production in compliance with a government directive. All mining operations at RBM will be halted by midnight on Thursday, March 26, for 21 days. The company said it will put the furnaces at the site on care and maintenance in order to avoid damage to their continuous operations. The company added that it was too early to speculate on when operations would resume. Also, resumption of construction of the Zulti South project will be delayed.
I am tracking nearly $25 billion in project activity by Rio Tinto. Request for a list of projects.
In Canada, the premier of Quebec announced the closure of all non-essential businesses starting at midnight, March 24, to April 13. Rio Tinto said the Quebec government has designated industrial complexes including the aluminum sector and the mining industry as essential industries, but instructed that they must reduce their business activity to the minimum.
Vale SA (NYSE:VALE) (Rio de Janeiro, Brazil) said it has ramped down its Voisey's Bay mining operation in Newfoundland and Labrador and placed it on care and maintenance for four weeks in order to protect the Nunatsiavut and Innu indigenous communities. The mining giant said its Long Harbour Processing Plant in Newfoundland and Labrador was continuing to operate, and nickel and cobalt production should not be affected, given the availability of stockpiled concentrates to feed the plant past the care and maintenance period, while copper concentrate production at site would be reduced Vale said its actions also would impact the Voisey's Bay Mine Expansion project underway to transition to underground operations.
Vale also said it was revisiting its plans for a halt of operations at its Mozambique coal-processing plants. The stoppage was previously expected to start in the second quarter of this year, and a new date was under consideration, the company said.
On Tuesday, Vale halted operations at its iron ore distribution center in Malaysia, the Teluk Rubiah Maritime Terminal, at least until March 31, due to COVID-19-related issues.
I am tracking more than $18 billion in project activity by Vale. Request a list of projects. Newmont Corporation (NYSE:NEM) (Denver, Colorado) said on Monday it was putting some operations temporarily into care and maintenance, while others continue to operate at targeted production levels.
Operations placed into care and maintenance include Newmont's Musselwhite operation in Northern Ontario, Canada, the Eleonore operation in Quebec, Cerro Negro in Argentina and the Yanacocha mine in Peru.
I am tracking more than $8 billion worth of Newmont projects. Request a list.
Freeport McMoRan Incorporated (NYSE:FCX) (Phoenix, Arizona) said it would suspend its quarterly cash dividend that had been planned for May 1, and was undertaking "an aggressive review of operating plans at each of its global copper and molybdenum operations to target reductions in all elements of costs and capital spending to achieve maximum cash flow under current market conditions." The company said its Cerro Verde mining operation in Peru temporarily moved into care-and-maintenance mode for a 15-day period beginning March 16. Freeport-McMoRan owns 53.56% of Cerro Verde, which produced 1.0 billion pounds of copper and 29 million pounds of molybdenum in 2019.
I am tracking more than $12 billion in project activity by Freeport McMoRan. Request for a list of projects.
Barrick Gold Corporation (NYSE:GOLD) (Toronto, Canada), said it was closely monitoring its Hemlo Gold Mine in Ontario, following safety and prevention guidance published by the World Health Organization and other agencies. Industrial Info is tracking more than $4 billion worth of projects by Barrick Gold. Request for a list.
Reach out if you would like to know about any other Energy Sector information as well (Metals & Minerals, Pulp & Paper, Power Generation, Food & Beverage, Biotech & Pharma, Oil & Gas - Production (upstream), Terminals/Tank Farms/Compressor Stations/Metering Stations/Pump Stations/Pipelines (midstream), Crude Oil & Gas Refining (downstream), Alternative Fuels, Chemical Processing, and Industrial Manufacturing).
Thanks,
Stanley