Fluor recently announced it has sold off its equipment and fleet service business, AMECO North America, for US$73 million. The buyer was One Equity Partners. Fluor’s divestment in AMECO has been in process for a while; it first announced it would divest the company in September 2019 and went on to sell the AMECO Caribbean business in August 2020. It…
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Industry’s first ‘opt-out’ carbide recycling unveiled by Sandvik
Sandvik has introduced a way operators can be part of the tungsten reuse cycle: via its new opt-out carbide recycling initiative. The program is designed for customers of carbide drill tips, the key component of which is tungsten. The mineral is expected to run out in the next 40-100 years assuming current consumption rates. “Making tools from recycled carbide requires…
Read MoreSymboticware, Swarm partner on performance management platform
Canadian-based Symboticware and SpaceX subsidiary Swarm have paired to integrate their respective technologies to create an asset performance management platform accessible from anywhere. The platform, based on 4-Sight.ai, Symboticware’s asset performance management platform, will have the capability to transmit over Swarm’s global constellation of low earth orbit (LEO) microsatellites. Swarm will provide its lowest-cost global connectivity for IoT devices via…
Read MoreABB podcast dives into process automation
ABB’s The Process Automation Podcast explores how automation, electrification and digital technologies – through their role in industry – are contributing to life the way we know it and are enabling society to become more efficient and sustainable. Hosted by engineer Fran Scott, the podcast series delves deep into how process automation technologies are transforming various industries around the world,…
Read MoreBarrick Gold to test glycine gold leaching
Barrick Gold has agreed to roll out a global testing and implementation program for specialty chemicals company Draslovka’s proprietary glycine gold leaching product – GlyCat. The technology can potentially unlock substantive savings and generate value for Barrick’s operations while also improving its environmental footprint. Starting at the Bulyanhulu gold mine in Tanzania and several other Barrick operations, largescale test work…
Read MoreBourchier picked for president, CEO of Mandalay
Canadian-based, global-focused gold miner Mandalay Resources has appointed Frazer Bourchier to lead the company as its new president and CEO, effective April 3. Bourchier, who will also be appointed to the Mandalay board, will work closely with current CEO Dominic Duffy to ensure a smooth transition. Outgoing Duffy will remain on the board as a non-executive director. Bourchier has 32…
Read MoreBeumer selects Schmidt
Beumer Group’s U.S. subsidiary Beumer Corporation has appointed Markus Schmidt to serve as its president and chief executive officer (CEO) with immediate effect. Schmidt, with 30 years of industry experience and 18 years of executive experience, brings with him expertise in intralogistics automation, market segment-oriented strategy, understanding of the unique challenges facing operations throughout North America and a dedication to…
Read MoreKomatsu, Cummins partner to create remote equipment-monitoring solution
Unplanned downtime from equipment and engine maintenance at mines can be very costly. To create more value for customers, Komatsu and Cummins have partnered to deliver a new, integrated remote equipment-monitoring solution designed to reduce unplanned stoppages, accelerate maintenance execution, and extend component life and maintenance intervals. By sharing equipment health and performance data over common infrastructure, and collaborating on…
Read MoreAtlas Copco celebrates 150 years
Atlas Copco marked its 150th anniversary by recently ringing the opening bell at NASDAQ in New York City. Founded in Stockholm in 1873, the company has spent the last century and a half driving development and delivering breakthrough innovations to international customers in many different industries. Globally, Atlas Copco employs more than 49,000 people, comprises around 60 unique brands, and…
Read MoreBoart Longyear introduces new data services entity
Boart Longyear Group said its Geological Data Services division will now operate as a separate entity called Veracio. Veracio is ideally suited to combine science and digital technologies in a single, integrated platform and help mining companies get more value from their orebody data, faster, while mitigating the environmental impact of their decisions. The company will be led by newly…
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