Were not running away from a noconfidence motion says Nagamootoo as

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedPresident’s medical condition was never a factor for no-confidence motion- PPPDecember 20, 2018In “latest news”Opposition’s no-confidence motion against Govt set for December 21December 13, 2018In “latest news”Jagdeo wants no-confidence debated before Budget presentationNovember 21, 2018In “latest news” … to be debated in December after Budget presentation, debatePrime Minister Moses NagamootooPrime Minister Moses Nagamootoo has asserted that the Coalition Administration of which he is apart of is not running away from the the no-confidence motion laid against them by Leader of the People’s Progressive Party (PPP), Dr Bharrat Jagdeo.However, Nagamootoo, in an address to the public that was streamed live on the Department of Public Information’s (DPI) facebook page, asserted that the motion will not be debated before the presentation and debate of Budget 2019.Moreover, while the Prime Minister assured that his administration is committed to debating the no-confidence motion, a date for its debate has not been fixed.“We’re not running away from a no-confidence motion, we are prepared for a discussion on any such motion, but we believe that there are some issues that take precedent over such a motion…We will debate this motion, we will have this motion discussed, and we will defeat it; because it is not a viable motion, it is a motion that is bred out of desperation; it is a motion that is bred out of Opposition frustration; it is a motion that is bred by this opportunism to look forward to the new wealth of Guyana and trying to destabilise our beautiful country,” Nagamootoo posited, among other things, in his Friday afternoon address.Referring to the Nagamootoo’s comments as “vacuous ramblings” the People’s Progressive Party (PPP) in a subsequent release called on Government to put the motion up for debate at the earliest time possible.The Opposition said on Friday that in an attempt to make a ridiculous case that the no-confidence motion is an act of desperation and would be defeated, Nagamootoo has comically and desperately sought to argue for a delay in debating it.“As they say, ‘the proof of the pudding is in the eating’. Nagamootoo should stop spouting hot air and bring on the no-confidence motion for debate earliest. Despite all the “fat talk”, the truth is he is scared to death to do so. Instead, he parrots the Government’s position that the budget must be presented and debated first,” the PPP declared.The PPP has also said that Government must accept the reality that Nagamootoo is widely regarded as a “political joke” in Guyana, and should be the last person assigned the responsibility of publishing the Government’s position; that is, if the Government wants that position to be taken seriously by the nation.“This man simply has no credibility in the eyes of the Guyanese public, because of the number of lies which he has spoken and written over the years. Only recently, he threatened to demolish the PPP at Whim and at the Local Government Elections (LGE). The results show that not even the backers voted for his candidates at Whim, and the AFC received less than 4 per cent of the total votes cast at the LGE,” the party posited.The PPP went on to address Nagamootoo’s claim of “fear and desperation”, reminding him that as Leader of Government Business, instead of leading his troops to Parliament last Friday, he led them into hiding at Congress Place; and “with the gates securely locked and the environs surrounded by a band of aggressive APNU supporters, he then puffed his chest to the press as he declared that he is not afraid of the no-confidence motion.”“We reiterate our call for the no-confidence motion to be debated in the Parliament earliest, and we respectfully demand that the National Assembly puts the Motion up for debate. We say to the Government, ‘Stop the grandstanding outside the National Assembly and come to the National Assembly to debate the Motion’,” said the PPP.Clerk of the National Assembly, Sherlock Isaacs, has written the Parliamentary Opposition, informing them that their motion will not be heard before the 2019 Budget is dealt with by the House.Opposition Member of Parliament and former Attorney General Anil Nandlall had contended that the motion “cannot be ignored or tossed aside in favour of other Government business in the National Assembly. Certainly, it is required to be debated before a national budget is presented. The rationale is a pragmatic one: that if the No-Confidence Motion is dealt with after the budget, then the Government that presented the budget may not be in office to implement that budget,”.Finance Minister Winston Jordan is expected to present the National Budget on Monday, November 26, 2018, and the debate is expected to commence one week after, with Consideration of the Estimates beginning the following week. read more

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Guyana Airways never filed an application to operate – GCAA

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedDomestic Airways Inc. receives Air Operators CertificateJanuary 15, 2018In “Business”MOU signed for direct flights from Georgetown to ArubaNovember 23, 2018In “latest news”GCAA’s suspension of shuttle operations not a “knee jerk” reaction- FieldsSeptember 14, 2017In “Business” Head of the Guyana Civil Aviation Authority (GCAA) Egbert Field on Saturday said that the new Guyana Airways, which recently won a Court case against the Government for the use of the name, has never filed an application to operate in Guyana.This was related by the Director General of the GCCA, during an exclusive interview with <<>> on Saturday.“The Civil Aviation Authority onto the time of my departure on Tuesday for the Director General’s Conference in Peru, we have not received any information or any documentation from Guyana Airways…we have not received any application from Guyana Airways,” Field said.Director General of the GCAA, Egbert FieldsAlthough it has been in the air that the proprietor of the airline had submitted his application for operations, the director noted, “they’ll have to submit an application. They never did submit an application before and I want to make it pretty clear.”According to him, Guyana Airways filed an ‘intent of operations’ on the work they intended to pursue. “That was not an application. The application process starts when you provide the application for the operation so we are awaiting, now after the court’s decision, (for) the application from the Guyana Airways,” he explained.Although the airline was hoping to begin operations in February 2019 as was related to this newspaper by the Chief Executive Officer (CEO) of the Guyana Airways Corporation (GAC), Colin Abrams, this may not be possible since it takes at least 12 or 13 months before the airline’s application is approved, due to the processing requirements.“The normal process when an airline is being approved or going through the five step process for an air operators’ certificate which is what the entity would have to go through before an air operator’s certificate is granted, if it’s a large jet operations because of the intricacies which are involved, it could take as much as a year to 13 months. If it’s a small operation like a domestic caravan or even an islander operation then that process can take between four to six months,” Field explained.The Guyana Airways headquarters on High and Barrack Streets, KingstonThis period, he said, is “absolutely important” as officials would use this phase to ensure that all aspects of the operation are covered such as training for staffers, evaluation of personnel and the documentation of the airline, such as operations manual, flight attendant manual, weight and balance manual, maintenance manual and several others, to outline the procedures for the specific section. He said this phase usually takes up most of time.Further he outlined that the aircraft’s facilities would require inspections and the aircraft itself would require evaluation. These processes he mentioned are important as it would ensure passenger safety among others.Government had taken the private airline to court this year for using the name which was used by two other companies which no longer exist.The inconvenienced business man explained during a previous interview, “Two years after we’ve been registered and putting all this together and spending all this money, they just snuffed the life out of us without a hearing, without anything. We just had a marshal show up at our secretary’s home and that’s it, so they kinda murdered us.”According to him, 110 flight attendants have already been hired for the two airlines which will soon provide flights to Cuba, Barbados and Trinidad for now and will extend its services to the United States of America when Guyana becomes authorized to do so. Meanwhile, some 150 persons in total will be hired to work on the airline. Training for those employees will be done here in Guyana for four weeks and wind down in Miami, USA.Among the cards expected to be thrown out on the table by the airline is that of low cost flights. The CEO noted that flights with Guyana Airways will be of a reduced cost all year round, which will afford Guyanese the opportunity to fly back and forth from North to South America. (Davina Ramdass) read more

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Ronaldo accepts €188m deal over tax evasion

Football superstar Cristiano Ronaldo was all smiles as he arrived at court (BBC image)Football superstar Cristiano Ronaldo has cut a deal with a court in Madrid over tax evasion charges, accepting an €18.8m (£16.6m) fine.A huge media presence met the player outside the court, after a judge refused his request to appear by video or to enter the building by car to avoid the spotlight.The deal, agreed in advance, includes a 23-month jail sentence.But in Spain, convicts do not usually do time for sentences under two years.The non-violent nature of Ronaldo’s offence means he is unlikely to spend any time at all in jail, serving it on probation instead.The court appearance lasted mere minutes as Ronaldo accepted the deal offered by prosecutors.The current Juventus player, who played for the club in Italy the night before, arrived at the provincial court with his fiancee Georgina Rodriguez. Smiling and giving a thumbs-up, he was apparently unfazed by the media presence.His lawyers had argued that given his fame, avoiding the main entrance was needed for the player’s security.Ronaldo, five-time winner of Europe’s Ballon d’Or and often titled one of the world’s best players, was accused of avoiding paying tax in Spain between 2010 and 2014, when he was playing for Real Madrid and based in the Spanish capital.Forbes lists the 33-year-old as the third-wealthiest athlete in the world, with estimated earnings of $108m (€95m) a year.The case centres around lucrative image rights deals. Prosecutors say the proceeds were funnelled through low-tax companies in foreign nations to avoid paying the required tax.In court, as part of his deal, Ronaldo acknowledged four incidents amounting to €5.7m owed, according to Spanish-language news agency EFE.In 2017, when the allegations first emerged, prosecutors said it was a “voluntary and conscious breach of his fiscal obligations in Spain”.But Ronaldo’s lawyers said it is all down to a misunderstanding over what was and was not required under Spanish law, and deny any deliberate attempt to evade tax.The deal, struck in June last year, had to be agreed with Spain’s tax authorities. (Excerpts from BBC) Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedRonaldo appears in court over tax evasion claimsJuly 31, 2017In “latest news”Cristiano Ronaldo fined 3.2 mln euro in tax evasion caseJuly 27, 2018In “latest news”Embattled Ronaldo given federation president’s backingOctober 4, 2018In “Sports” read more

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Australian technology to underpin 14 billion coalgas project in US

first_imgAustralian-based clean coal energy technology developer, GTL Energy, has been selected by a North American energy consortium to provide its coal beneficiation technology to the proposed $1.4 billion South Heart coal-to-synthetic gas project in North Dakota. Under a Memorandum of Understanding, project partners, Great Northern Power Development (GNPD) and Allied Syngas Corp, said GTLE’s beneficiation technology had been chosen from a worldwide review of coal beneficiation technologies to upgrade the low-quality lignite reserves at South Heart.The GTLE technology is critical to transforming the local low grade coal into low moisture high grade briquette feedstock for use in the joint venture’s proposed $1.4 billion plant at South Heart in southwest North Dakota, to produce synthetic natural gas by 2013. The commitment validates Adelaide-based GTLE’s proprietary technology which has been developed in the US since installation of its pilot plant facilities in Colorado.GTLE’s beneficiation process converts Low Rank Coal (LRC) into a cleaner and more productive fuel by removing up to 80% of its water content, together with ash, sodium, and other impurities that interfere with clean combustion. As well as increasing the thermal value of the coal by 50-60%, the upgraded coal is easier to transport and handle, and produces significantly less carbon dioxide, nitrous oxide and sulphur dioxide emissions than if the low grade reserves were to be used without pre-treatment.GTLE will now progress to commence construction of its first commercial scale module during 2008, to be in production by the first quarter of 2009.As part of the agreement, GNPD – the largest owner of coal reserves in the USA outside of the US Federal Government – and Allied Syngas, will also acquire a direct ownership stake in GTL Energy – paving the way for the three partners’ collaboration in a number of other clean energy ventures.Announcing the MOU, GNPD’s President and CEO, Chuck Kerr, said GTLE’s beneficiated coal would yield “greater energy efficiency and a smaller environmental footprint” for the eagerly awaited coal-gas project at South Heart. This technology enables us to further our mission to make the South Heart Gasification Project one of the cleanest coal-based plants in the world.”GTL Energy’s CEO, Robert French, said that the consortium’s decision to select the Company as the coal upgrading technology for the South Heart Gasification Project was significant validation of the GTLE process. It would open up substantial opportunities around the world for gasification, but also cleaner power generation and help meet the growing energy demands of Asia and elsewhere. “We are very pleased to be working with GNPD and Allied Syngas to bring together our coal upgrading technology with their advanced gasification system, completing a suite of clean energy solutions. Our technology allows client users to exploit currently unexploited low-rank coal resources in an environmentally responsible way, to satisfy growing energy demands in an increasingly global market influenced and sensitive to climate change issues and expectations.”The Chairman of GTLE, Robert Kennedy, said: “The application of the GTLE technology in North Dakota will prove a springboard for selling GTLE’s technology into a wider energy market. There are significant global reserves of low rank coal which will be utilised to meet energy demand. In doing so, it is critical that the coal is upgraded to ensure the energy extraction is managed in an environmentally responsible way. GTLE’s technology is applicable now, and is crucial in the development of clean energy options such as coal-to-gas and subsequent CO2 sequestration. GTLE’s proprietary technology has been developed with the support of Australian and US private investors. It is a robust, low temperature beneficiating technology which has been thoroughly tested on coals from around the world. We believe that it will have significant implications for the responsible development of Australia’s large and very extensive brown coal and lignite energy resources.”GNPD was created to develop energy projects incorporating the coal and lignite reserves owned by its affiliated partnership: Great Northern Properties Ltd Partnership (GNP), the USA’s largest private owner of coal reserves. While GNP was formed solely for the leasing and management of its mineral land interests, GNPD was formed to assume the responsibility for all aspects of project development, including project management, financing, feasibility studies, permitting, land control, business development, and mine development. Both GNP and GNPD are headquartered in Houston, Texas.Allied Syngas and its affiliate Envirotherm GmbH, a co-owner of the BGL gasification technology, are part of Allied Resource Corp. Formed in 1994, Allied Resource is a global technology-based industrial services company based on a growing number of technology innovations focused on environmental services, industrial processing and recycling. Headquartered in Wayne, Pennsylvania, Allied Resource also has substantial operations in Western Europe and China.last_img read more

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Rio Tinto chosen to supply WalMart with responsibly produced jewelry

first_imgRio Tinto has been chosen by Wal-Mart, the world’s largest retailer, to provide gold and silver for fully traceable, responsibly-produced jewellery. The partnership is part of a Wal-Mart initiative to achieve 100% traceability for all of the gold and silver jewellery sold at its stores. Wal-Mart’s Love, Earth® jewelry collection will be produced with 100% traceable gold and silver mined and manufactured based on industry-leading criteria. The project will initially focus on gold and silver jewellery using metal from Rio Tinto’s Kennecott Utah Copper (KUC) Bingham Canyon mine in Utah. The jewellery will be sold at Wal-Mart stores and Sam’s Club locations, and online. This partnership marks a shift in how Wal-Mart jewellery is produced and sold, and it will give customers the ability to trace their Love, Earth jewellery all the way back to the mine it came from by going online.“We are impressed with Wal-Mart’s desire to become more sustainable and their efforts to proactively begin a relationship with us to help achieve their goals,” said Andrew Harding, President, Kennecott Utah Copper. “Companies like Rio Tinto and Wal-Mart have an opportunity to change the way products are manufactured and used to reduce impacts on the environment and local communities.”“As the largest retailer of jewelry in the world, Wal-Mart is in a unique position to influence sustainable practices in the jewelry industry,” said Pam Mortensen, Vice President and Divisional Merchandise Manager for Wal-Mart. “With Love, Earth jewellery, we collaborated with partners like Rio Tinto who are at the forefront of sustainable business practices in the industry to bring an affordable and beautiful product to our customers.”“Rio Tinto has shown real leadership and foresight in this groundbreaking jewellery initiative,” said Dr. Assheton Stewart Carter, Senior Director of Business Policies and Practices at Conservation International (CI). “We believe that these impressive efforts  – on the part of Rio Tinto, Wal-Mart and its other partners – are a positive first step for creating a new industry standard.”Rio Tinto has also been working with CI on other initiatives. In 2007, the two signed a relationship agreement to cover CI’s global level work on integrating biodiversity considerations into the company’s environmental management systems.Other suppliers in the Wal-Mart responsible jewelry initiative are Newmont Mining and Aurafin, a Florida-based jewellery manufacturer.Rio Tinto says it “is committed to contributing to sustainable development, not just because it is the right, responsible and ethical approach to managing the earth’s natural resources and to safeguarding the health of the planet for future generations, but because it also makes sound business sense. By earning a good reputation for care of the environment and contribution to social improvement and the economic conditions of local communities within a strong governance structure, Rio Tinto can gain improved access to land, people and capital, the three critical resources on which the company’s business success is built.”last_img read more

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Kubota introduces new RTV400Ci fuelinjected utility vehicle

first_imgNew gas-power vehicle provides versatility for mines, surface and underground. Kubota says “the new gas-powered RTV400Ci utility vehicle that features the agility and reliability of a mid-sized utility vehicle, but is compact enough to fit in the bed of a full-size, long-bed pickup truck.” At 1.4 m wide and 1.8 m high, the new four-wheel drive RTV400Ci gets the job done with its fuel-injected, air-cooled, single-cylinder gas engine. “Kubota has built its reputation on meeting and exceeding customer expectations; the RTV400Ci makes for the fifth RTV in the Kubota family, and is another example of how Kubota continually delivers everything our customers value” These units are widely used underground..Dan Muramoto, Utility Vehicle product manager, says compact, gas-powered and well-equipped, the RTV400Ci provides exceptional ease of transportation, making the vehicle ideal for moving to and from worksites.”This RTV has a newly-designed Continuously Variable Transmission with inertial clutch (CVT Plus) for excellent response and reliability, while providing dynamic braking to help maintain control during descents with engine-assisted deceleration. CVT Plus also features a full protection cover to minimize mud or dust intrusion to ensure longer belt life.The RTV400Ci also features a new, air-cooled, single-cylinder gas engine that was developed to ensure peak performance and ultimate durability. This electronic fuel-injected (EFI) gasoline engine offers a responsive, smooth and reliable ride. The EFI system further improves engine performance by providing quick, easy starts, even in the most severe weather conditions, as well as on-demand power and optimized acceleration.Weighing a modest 570 kg, the RTV400Ci can handle upwards of 200 kg in its durable, metal cargo box and it can tow up to 500 kg. Featuring ergonomic, well-placed controls for easy operation, the RTV400Ci is designed for ultimate comfort – its contoured bench seat makes riding enjoyable for both the driver and passenger. The low operator platform also offers ample leg room, making it easy to step in and out. In addition to comfort, the RTV’s Standard Rollover Protection System (ROPS) meets or exceeds standards required by the Occupational Safety and Health Administration (OSHA) and Society of Automotive Engineers (SAE).last_img read more

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Ontario government to commit up to C1 billion to develop Ring of

first_imgThe Ontario government says it is prepared to commit up to C$1 billion to develop strategic all-season industrial and community transportation infrastructure in the Ring of Fire. However, Ontario also points out that it needs a partner and is calling on the Federal Canadian government to equally match this funding to build the infrastructure required for this important project in the north that will create jobs and boost the northern economy. The approach and priorities with respect to this investment will be established in partnership with First Nations, governments and industry partners through the development corporation. The province is currently facilitating the creation of a development corporation to accelerate strategic infrastructure development in the region. The corporation will bring together key mining companies, First Nations, and the provincial and federal governments to develop, construct, finance, operate and maintain infrastructure supporting access to strategic resources in the mineral rich Ring of Fire.The Ring of Fire represents one of the most significant mineral regions in the province, and includes the largest deposit of chromite ever discovered in North America. The province states: “A multi-generational opportunity, the Ring of Fire will create thousands of jobs and enhance the economic prosperity of Ontario and Canada. Investing in the development of the Ring of Fire is part of the government’s economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario’s greatest strengths – its people and strategic partnerships.” The Ring of Fire, located 540 km northeast of Thunder Bay, is one of the most significant mineral regions in the province. Development in the Ring of Fire is subject to all necessary environmental assessment and regulatory processes, and fulfillment of the Crown’s duty to consult.In November 2013, Ontario announced that it would facilitate the creation of a development corporation to lead strategic infrastructure development for the Ring of Fire region. More recently, on March 26, 2014, Ontario and Matawa member First Nations signed a Regional Framework agreement that will ensure First Nation communities benefit from the proposed Ring of Fire development. The Ring of Fire has mineral potential known to be worth $60 billion and includes the largest deposit of chromite ever discovered in North America. Chromite is a key ingredient of stainless steel. The region also holds the potential for significant production of nickel, copper, gold and platinum.Charles Sousa, Minister of Finance states: “We are committed to driving progress and investing in infrastructure development in Northern Ontario’s economy. We are looking to the federal government to match our commitment of C$1 billion to unleash the Ring of Fire so that we can seize this tremendous economic opportunity of national importance.” Michael Gravelle, the Minister of Northern Development and Mines stated: “Our government is committed to making a significant investment to fund transportation infrastructure development in the Ring of Fire. We have made important progress over the past few months to bring partners and divergent interests together. Now we need the federal government to match this commitment so that we can move forward on realizing the Ring of Fire’s potential and making important advancements on regional, environmental, and economic developments.””last_img read more

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Caterpillar celebrates 85 years on the New York Stock Exchange

first_imgOn December 22 Caterpillar Chairman and CEO Doug Oberhelman rang the opening bell on the New York Stock Exchange (NYSE) to mark the 85th anniversary of the company’s listing on the NYSE. Of the approximately 3,200 companies listed on the NYSE, Caterpillar (NYSE: CAT) is among only 2% that have been listed for 85 years or more.“Not only are we celebrating 85 years on the NYSE this year, but next year we will also celebrate the 90th anniversary of Caterpillar as a company,” Oberhelman said. “Both milestones are a testament to the strength of our global brand, our dedication to customers and strong reputation with stockholders for financial strength and performance through the years. In 2014, the strength of our balance sheet and strong cash flow positioned Caterpillar to repurchase $4.2 billion in stock and to pay $1.6 billion in dividends. Caterpillar has paid a cash dividend every year since the company was formed in 1925 and has paid a quarterly dividend since 1933. We are proud of delivering that consistency and value over the decades.”Caterpillar – 85 years on the NYSE:The company listed on December 2, 1929, under the name Caterpillar Tractor Co. In 1986, the name was changed to Caterpillar IncIn May 1991, Caterpillar became one of 30 companies in the Dow Jones Industrial AverageCaterpillar sales for 1929 were $52 million and profit was $12 millionAn investor buying one share of Caterpillar Tractor Co at $56.25 in 1929 would have an investment worth about $40,000* today, accounting for share price growth, stock splits and dividends over the past 85 years. (*As calculated at close December 2, 2014)Caterpillar’s total shareholder return has sustained an annual compounded growth rate of 8% since the company listed in 1929On December 2, 1929, the first listing day, 1,882,240 shares were outstanding and 400 shares of Caterpillar stock were traded. On December 2, 2014, there were more than 605,000,000 shares outstanding and about 4 million shares traded.last_img read more

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Mining chemicals market size to reach 3801 billion by 2024

first_imgThe global mining chemicals market is expected to reach $38.01 billion by 2024, according to a new report by Grand View Research. It says “positive mining industry outlook in India, China, Australia, Peru, and Chile is expected to drive the market over the forecast period. The presence of abundant raw materials including rare earth metals in China, Russia, Australia, Thailand, and the US is expected to facilitate exploration activities, thus propelling demand for the product.“Australia has the third largest rare earth metal reserves in the world. In Russia, companies have been investing increasingly in the development of new extraction techniques to recover uranium. These factors are likely to have a positive impact on growth. Decrease in ore quality of zinc, lead, copper, and nickel is expected to promote utilization of sophisticated technologies requiring frothers, flocculants, grinding aids, and solvent extractants.”Further key findings from the report suggest:Grinding aids dominated the global market accounting for over 40% of the global market share in 2015. Grinding aids help in improvement of the extraction process and require low maintenance. In addition, use of grinding aids can reduce pollution and other harmful effects on the environment. Increasing concerns regarding the cost of grinding the minerals are expected to propel utilization of grinding aids over the forecast period.Explosives & drilling application dominated the market in 2015 and is projected to be the fastest growing segment owing to rapid depletion of shallow surface reserves which has led to the requirement of deep surface mining activities. Moreover, mining chemicals are also used for the efficient breaking of rocks during mining, thereby reducing cost and saving time during mineral processing.Asia Pacific accounted for over 40% market share in 2015 and is projected to witness the fastest growth on account of the rapid industrial development and increasing focus on sustainability. Market players have been investing increasingly in the mining industry in the region which is expected to have a positive impact on demand for mining chemicals.In June 2013, BASF established its new R&D laboratory in Johannesburg, to develop new mining chemicals and product differentiation. High raw material cost coupled with high logistic cost is expected to restrain entry of new players in the industry. High capital cost is also expected to be a major restraint for the manufacturers. In addition, stringent government regulations to reduce environmental pollution are expected to have an adverse impact on the market players over the next eight years.last_img read more

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RopeCon installation for limestone in Guatemala

first_imgThe successful start-up of a RopeCon® system which will transport limestone from a quarry to the area where it will be processed has recently taken place in Guatemala, approximately 35 km from the capital. The installation, which requires no more than four tower structures to cross a wooded terrain, has a length of about 1.6 km and covers a vertical rise of almost 200 m.Thanks to the long rope spans it has been possible to minimise the amount of space required on the ground. The cement plant of Guatemalan Cementos Progreso, S.A is due start operation in the first half of year 2017. From then on, RopeCon® will transport 2,100 t of material every hour.RopeCon® has been developed and designed by the Austrian ropeway manufacturer Doppelmayr and combines the features of a belt conveyor with those of a ropeway, thereby making use of the advantages of both technologies. It is currently in use for a variety of material transport applications all over the world.last_img read more

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