AMCAST’s Statement on Covid-19 (Coronavirus) Restrictions in Italy
Amcast Mining Blog
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2y ago
As you may know, Am Cast’s partner foundry, F.A.R. Fonderie Acciaierie Roiale, is located in Reana del Rojale in the province of Udine, a picturesque city in Northeastern Italy between the Adriatic Sea and the Italian Alps in the Friuli Venezia Giulia region. It’s where Am Cast engineers and produces our revolutionary MNX manganese-steel alloys and other metallurgical innovations.   Unfortunately, Northern Italy has been hit particularly hard by the emergence of the Covid-19 virus (Coronavirus). The Friuli Venezia Giulia region, where the foundry is located, acted fast, and by quickly ad ..read more
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Steel and Robotics: Our Partner's Latest Manufacturing Advancements
Amcast Mining Blog
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2y ago
  AMCAST today announced the newest addition to FAR S.p.A’s hi-tech steel castings manufacturing facility; a prototype robotic automation. The head of the FAR’s robotic department, Alan Memmola, has driven this project to develop a custom, high performance robotic system, offering increased precision in the general and fine dimensional grinding of cast alloy wear parts. robotic system, offering increased precision in the general and fine dimensional grinding of cast   alloy wear parts.          Pictured h ..read more
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Canada’s Mining Industry Paves Way to a Lower-Carbon Economy
Amcast Mining Blog
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2y ago
  With the December 12, 2015 adoption of the Paris Climate Accord by nearly all the world's nations, there is now a concerted effort being made globally to mitigate the production of greenhouse gases (GHG) and to address the problem of climate change by limiting global temperature rise to less than 2° Celsius this century. While it may seem surprising to many, the Canadian mining and metals industries are at the forefront of providing important solutions to foster the decarbonizing of our planet. These solutions were in place even prior to the signing of the Paris Agreement on climate ch ..read more
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Getting to know AMCAST: Where it all began
Amcast Mining Blog
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2y ago
Since the early 2000s, AMCAST has been on a road to revolutionizing the mining industry by stepping away from the beaten path and moving towards an innovative approach. By successfully offering tailored solutions and customized crusher wear parts, we have brought to the spotlight that no two mines are alike. “Mines are not a static environment, there is a constant change, and we are changing with it”, CEO, Tomaso Veneroso, states as he tells the story of how AMCAST became who they are today. Tomaso Veneroso, CEO of AMCAST   Growing up in the industry, Tomaso first began working at FAR (F ..read more
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Taxation and Government Royalties in Mining: What’s Fair to All?
Amcast Mining Blog
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2y ago
What’s fair when it comes to taxes and/or royalties imposed by governments on mining operations? While most can agree that it seems appropriate for the government to tax or require a royalty on public resources, royalty arrangements that make sense for one country might not be suitable for another. As the World Bank noted in its 2006 report on the subject, the geological, political, economic, and social circumstances are unique for each nation.   Mining taxation and royalty systems vary greatly in jurisdictions about the world. In South Africa, for example, there is a low royalt ..read more
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AMCAST's CEO, Tomaso Veneroso, Speaks at This Years OSSGA Seminar
Amcast Mining Blog
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2y ago
  This past week, the OSSGA held their Operations, Health and Safety Seminar. This one-day virtual event welcomed the industry to engage and discuss ways to benefit their operations, work together, maintaining health and safety practices at the forefront, and ways to innovate the industry as whole to create a sustainable future. AMCAST’s CEO, Tomaso Veneroso, had the pleasure of presenting at the OSSGA seminar this year and spoke on the topic of the revolution of Manganese steel. This alloy steel became a huge success when it hits the market five years later. Since then, it has been the ..read more
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US Government Opens Millions of Acres in the California Desert to Mining
Amcast Mining Blog
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2y ago
  In an effort to deliver on their promised declaration to “make America great again,” the Trump administration has taken initiatives that they assert will protect national security, guarantee the United States' self-sufficiency and decrease the country's dependence on critical materials sourced from foreign countries. These were the reasons offered for imposing the recent tariffs on steel and aluminum and now, also, the government opening up 1.3 million acres of California's desert land to commercial mining as of March 9, 2018. Many of these public lands border on national parks such as ..read more
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Space Mining Could be Worth Trillions
Amcast Mining Blog
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2y ago
Space mining could soon become a reality and will likely yield trillions in mineral wealth. Asteroids lying in the asteroid belt between Jupiter and Mars hold minerals suspected to have a value equivalent to as much as one hundred billion dollars for every person on Earth. The technology needed to land on these asteroids is also quickly evolving. However, according to experts, legal uncertainties regarding ownership of resources found in space could complicate plans for space mining operations. The space race has traditionally focused on ideas of planetary exploration and even outer space tour ..read more
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U.S. Mining Reforms Are Crucial To Ensure Secure and Reliable Supplies of Critical Minerals
Amcast Mining Blog
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2y ago
  The Presidential Executive Order on a “Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals,” issued on December 20, 2017, was a major step taken to decrease the dependency of the United States on imports of critical materials from foreign countries. During the 1950s, the U.S. depended on foreign imports for eight important minerals. Today, that number has grown to 20 minerals, plus the all-important 17 rare earth elements, most of which are imported to from China. The U.S Geological Survey's Minerals Information Center, part of the United States Department of t ..read more
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Tariff Plans Bring Some Steel and Aluminum Makers to Restart Plant Operations
Amcast Mining Blog
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2y ago
  As reported in the March 7, 2018 Wall Street Journal, some steel and aluminum manufacturers in the U.S., including United States Steel Corporation and Century Aluminum Company, are restarting previously idle mills in response to the United States' new 25% tariff on imported steel and 10% tariff on imported aluminum. Century, America's second-largest producer of primary aluminum, announced that it will be restarting a previously idle Kentucky smelter, thereby doubling its current 300 member workforce. U.S. Steel has plans to boost their capacity by restarting their Granite City, Illinoi ..read more
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