Barrick Gold CEO Mark Bristow has spoken with some of First Quantum Minerals’ major investors to gauge their support for a potential takeover as the gold giant seeks to become a major copper producer, reported Bloomberg. Canadian-based First Quantum has been left vulnerable after Panama ordered the closure of its new Cobre Panama mine last month, wiping out more than…
Read MoreSandvik, on a path to grow strategically into key high-growth industry segments, said December 28 it has inked a deal to acquire German-based sensorized tool and automation software supplier pro-micron GmbH. “Sensorized tools is a high-growth market, with strong underlying drivers such as the accelerated shift to automated production, increasing demand of production data from our customers and closed loop…
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The U.S. Mine Safety and Health Administration requested in late December that any mines using Ocenco M20.3 SCSRs visually inspect every unit due to a known issue. This is in addition to its outline that the units must be worn in the approved black case and visually inspected at the beginning of each work shift. During mandated approval audits, the…
Read MoreAtlas Copco, which announced in August that it would acquire dewatering pump manufacturer Sykes Group, confirmed on December 5 that the transaction has closed. The company bought Australian-headquartered Sykes from Seven Group Holdings. Sykes serves the mining and wastewater segments with a wide range of surface dewatering pumps, together with chopper and cutter technologies for wastewater applications. It also has…
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Mineral Resources (MinRes) said it recently handed over the keys to the first custom off-road triple road train to partner Hexagon AB – a milestone in the development of a fleet of fully autonomous road trains. Hexagon will use technology developed by its engineering team to convert the customised Kenworth C509 prime mover to autonomous operation. Starting in January, 10…
Read MoreThe icy grip of the winter season presents a unique set of challenges for wash plant operators, but with effective planning materials producers can protect their investment and ensure their operations are ready for an efficient return to production in the spring. When it comes to plant maintenance, it is essential that any potential complication is identified and remedied quickly…
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The Copper Mark, the leading assurance framework for responsible value chains of copper, said more than 30% of all globally mined copper now comes from sites meeting its standards. The milestone has been reached after all of Codelco’s mines and smelters were granted the Copper Mark, bringing the number of Copper Mark recipients to 54. Furthermore, the Copper Mark now…
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General Motors and Komatsu will co-develop a hydrogen fuel cell power module for Komatsu’s 930E electric drive mining truck, the world’s best-selling ultra-class haul truck. GM and Komatsu will jointly design and validate the technology. Lightweight and quick to refuel, hydrogen fuel cells are ideal for electrifying applications traditionally powered by diesel engines. Hydrogen provides an effective method to package…
Read MoreABB has signed an agreement with UK-based Gravitricity to accelerate the development and implementation of gravity energy storage systems in former mines. The collaboration brings new sustainability opportunities beyond shaft decommissioning. “As the world generates more electricity from intermittent renewable energy sources, there is a growing need for technologies which can capture and store energy during periods of low demand…
Read MoreMineHub Technologies has entered into a strategic partnership with several prominent mining and commodity analysis laboratories, including ALS Global, as it strives to enhance operational efficiencies, minimize risks, and boost profitability for clients. “The essential integration of MineHub’s platform with key labs emphasizes the critical need to digitize the supply chain. This highlights the apparent inefficiency of today’s manual processes,”…
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