Newmont puts off decision on Yanacocha spend

Newmont is planning to undertake cost-cutting efforts in 2024, and as such has opted to defer its decision of a full funds investment in the expansion of its Yanacocha sulphides expansion in Peru for “at least” two years. Officially, the producer said it wants to “advance…[a] portfolio optimization strategy” that will prioritize other opportunities and support a disciplined capital allocation…

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Sandvik introduces AutoMine AutoLoad 2.0

Sandvik Mining and Rock Solutions is introducing AutoMine AutoLoad 2.0, a new AutoMine feature that enables fully automated production cycles for loaders operating in fixed drawpoint and dump point mining applications. The autonomous loading technology is seeking to increase loading cycle consistency while reducing equipment idle time and operating costs. It builds on the design of its predecessor AutoLoad Assist,…

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Hexagon, NVIDIA to transform industrial digital twin solutions

Photo: Hexagon Hexagon and computing company NVIDIA have announced a collaboration that will enable industrial digital twin solutions that unite reality capture, AI, simulation, data analysis and visualization to deliver real-time comparisons of real- and virtual-world models. “Every industry is racing to digitalize their physical processes for the next wave of advanced automation,” said Rev Lebaredian, vice president of Omniverse…

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RAD Torque releases B-RAD X

Canadian industrial torque wrench manufacturer RAD Torque Systems has launched its first-ever battery-powered torque wrench series, B-RAD Xtreme (B-RAD X). The line is capable of torquing up to 11,000 foot-pounds/15,000 newton meters (Nm), making it the most powerful cordless torque wrench in the world. Three different sizes are available: B-RAD X 5,000 ft.-lbs./7,000 Nm; B-RAD X 8,000 ft.-lbs./10K Nm; and…

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Fortuna reports fatality at underground mine in Peru

candle flame

Fortuna Silver Mines said an accident that resulted in the death of a worker employed by an undisclosed mine contractor occurred on June 2 at its Caylloma mine in Arequipa, Peru.  The Canadian-based miner said the incident happened during underground mining operations and no other personnel were injured. The appropriate government and local authorities were properly notified and an investigation…

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