Archive for the ‘MACHINERY & EQUIPMENT’ Category

Huge 4 kilo gold nugget discovered in Victoria Australia

Thursday, August 25th, 2016

Fridays-Joy-4 kilo gold nugget image www.www=globalcommodities.com

An Australian prospector has discovered a massive 145-ounce gold nugget worth more than $250,000.

Dubbed ‘Friday’s Joy’, the nugget was found with a Minelab metal detector in an already work-over area at the southern edge of central Victoria’s Golden Triangle, an area well known for yielding gold, finding the top of the nugget only around 30cm below the ground.

The prospector who found the nugget wanted to stay anonymous.

“I thought it was rubbish at first, maybe an old horseshoe,” the man said,“I was in total disbelief as I didn’t think nuggets of this size were still around.”

An avid prospector – having prospected for more than ten years – the man had an agreement with his other gold prospecting enthusiast friends to split the proceeds on any large gold item found when they went prospecting together.

Upon the find, he was unsure of what to do at first.

“It’s like catching a big fish and not knowing what to do with it,” he said.

“I washed it in water, covered it in aluminium foil and kept it in my oven on the first night.”

The man did not intend to quit his job and retire, instead aiming to buy a van and travel around Australia, sightseeing and prospecting.

The nugget is currently in a bank vault, with a replica in construction. Plans for an auction are also underway.

Minelab’s regional sales and marketing director Fraser Kendall said the company was thrilled a customer made such a discovery.

“He was prospecting in an area that others had clearly worked over and this just goes to show that there’s plenty of gold still coming out of Victoria,” he said.

Kendall added that the nugget was on par with the 159.3 ounce ‘Cindy’s Pride’, and surpassed prospector Mick Brown’s 87-ounce ‘Fair Dinkum’ gold nugget found last year near the Wedderburn, around 200km north of Melbourne; it was later auctioned for $175,000.

Hot_Russian_300_250

Henry Sapiecha

NASA releases gold-covered telescope putting the Hubble to shame

Saturday, April 30th, 2016

nasa-unveils-gold-covered-telescope-that-will-put-the-hubble-to-shame

NASA has finally unveiled the giant successor to the Hubble Space Telescope, the James Webb, which is equipped with a collapsible honeycomb-like mirror made of 18 gleaming, gold-covered pieces.

Scheduled to be launched in 2018, the $10 billion tennis-court-sized telescope is the result of a joint effort involving NASA, the European Space Agency and the Canadian Space Agency.

james web telescope images www.www-globalcommodities (2)

Ball Aerospace optical technician Scott Murray inspects the first gold primary mirror segment. (Image provided by NASA)

Each coffee table-sized mirror segment, weighing roughly 46 pounds (21kg), is made from beryllium and is coated with a fine film of vaporized gold to optimize the reflection of infrared light.

james web telescope images www.www-globalcommodities (1)

Rendering of the James Webb Space Telescope. (Image by Northrop Grumman | NASA )

The James Webb telescope has been described as a ‘time machine’ that could help unravel the secrets of our cosmos.

Unlike The Hubble, the new instrument will look in the infrared part of the spectrum, instead of capturing visible light. This will allow it to better see through clouds of gas and dust, where stars are being born, which should give us a view farther back to the beginning of the universe.

james web telescope images www.www-globalcommodities (3)

Standing tall and glimmering gold inside NASA’s Goddard Space Flight Center’s clean room in Greenbelt, Maryland (Image provided by NASA)

Once launched, the James Webb will be the world’s biggest and most powerful telescope, capable of peering back 200 million years after the Big Bang.

Learn more about The James Webb telescope in the video below:

ubytkjt
Henry Sapiecha

VIDEO SHOWS THE 3195 huge excavator machine undressing girl in 5 minutes

Monday, March 16th, 2015

CAN YOUR MINING EXCAVATOR UNDRESS A WOMAN IN 5 MINUTES

OOO

Henry Sapiecha

INFOGRAPHIC: Of the world’s largest diggers

Friday, August 22nd, 2014

worlds-largest-diggers infographic image www.www-globalc0mmodities.com

Henry Sapiecha

KOMATSU FEELING THE PAIN OF FALLING DEMAND FOR ITS PRODUCTS IN CHINA

Friday, July 4th, 2014

komatsus-sales-in-china-sinking-faster-than-expected image www.www-globalcommodities.com

Japanese Komatsu (OTCMKTS:KMTUY), the world’s No.2 mining and building equipment maker, has admitted that sales in China are declining faster than expected, mirroring rival Caterpillar (NYSE:CAT) in lower demand from Asia.

The company’s sales were down 20% yer on year in April / May in a market that represents 9% of Komatsu sales.

In an interview with Bloomberg, Chief Executive Officer Tetsuji Ohashi said sales in Indonesia were also likely to be significantly lower as many mines are idled on the government’s ore export ban.

In April the company had forecast that global demand for mining equipment in the financial year to March 2015 would be of about 2,000 units, down 38% from a year ago, as miners continue to cut spending. In 2011, around 7,000 units were sold in the now depressed market.

komatsu-one-chart image www.www-globalcommodities.comkomatsu-two-chart image www.www-globalcommodities.com

The news don’t come as a surprise for investors following the latest developments in China, where 20% to 30% of all its iron ore mines are shutting down, with more closures likely to come as costs rise.

Henry Sapiecha

 

Categories
Search