Brisbane, Australia - April 2, 2013 - CAE Mining has expanded its customer base in China with the sale of CAE Studio 5D Planner to China Gold. The Studio 5D Planner, CAE's technical software solutions for mine planning, will be used at the China Gold-owned Jiama Copper-Polymetallic Mine in the Tibet Autonomous Region of China.
CAE Mining expands software customer base in China with sale of Studio 5D Planner
- China Gold purchases Studio 5D Planner for use at the Jiama Mine
CAE's Studio 5D Planner automates many of the manual and time-consuming tasks in mine design and scheduling, and integrates all levels of planning into a single data set with the integrity of visual audit through animations. The software solution is scalable for future needs with additional modules such as genetic algorithm schedule optimisation, blending, drill and blast, ventilation modelling, financial modelling and budgeting available.
"We welcome China Gold to our growing software user base in China, and look forward to supporting the company's planning process as the important Jiama project is developed," CAE Mining President Damian McKay.Gold to play major role in Italy economic recovery
Shanghai Futures Exchange said on Wednesday it is considering the introduction of new trading rules for gold and silver, which will allow trading from 9 pm to 2:30 am, in addition to current trading periods of 9:00-11:30 am and 1:30-3:00 pm.
China's refined copper output hit 483,000 tonnes in February this year, 10.8% more than in the same month of last year, according to statistics released by the National Bureau of Statistics.
In the first two months of this year, the country produced 975,000 tonnes of refined copper, 11.9% more than in the same period of last year.
The NBS also said that China's refined copper mine output amounted 113,000 tonnes last month, up 6.6% from a year earlier.
From January to February 2013, the country saw its output of refined copper mine grow 5.8% YoY to hit 220,000 tonnes. Gold demand set to outstrip supply by 2015! jiama copper mine, which is a huge 14 billion lb resource. ... Jiama also has 5 million oz of gold and 250 million oz of silver China CGGCNG PUT Maoling Gold Project in the Liaoning Province in CGG NAME!.and CNG GO TO 49% OF cgg SHARES!