· The future of mining is rapidly evolving, and new frontiers are opening such as deep-sea mining and extra-terrestrial resource exploration. GlobalData Thematic Intelligence February 26, 2024. As the world transitions to green energy solutions, there is a growing demand for metals such as copper, nickel, and cobalt, which are used in batteries.
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· GloabalData’s analysis shows that 20 companies, such as technology vendors, a few established mining companies, and new start-ups, have engaged in developing and applying remote tunnel monitoring systems. Companies like Strata Worldwide assist with
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· California-based “machine prospector” KoBold banked a further US$195 million from a series C raise in June, taking total equity funding in the past four years above $400 million. KoBold was only
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:Mining ImprovementsAutomated Mining TechDigital Tech Mining4 · Central banks commit to supporting responsible artisanal and small-scale gold mining. Monday 17 June 2024 12:00. The World Gold Council has announced that four central banks have committed to signing ‘The London Principles’, to support responsible artisanal and small-scale gold mining.
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· Compared to other industries, mining has been slow to adapt to new technologies. Canepari pledges Newmont is aiming to rethink the mining lifecycle. “We’ve had a huge success with our first electrified mine at Borden, and we’re taking all the lessons learned from projects like these, and making them part of our Newmont mining model.
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· Expansion and investment for coal in Queensland. Futura Resources is the firm behind Queenland’s new mines. Futura estimates that coking coal accounts for $40bn (A$58bn) of the state’s mining revenue, around 48.3% of total income, with exports forecast to increase from 171 million tonnes in 2020-21 to 186 million tonnes by 2022-23.
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· Rio Tinto delays the opening of its Koodaideri iron ore mine. In July 2020, UK-Australian miner Rio Tinto had to push back the start up date for its Koodaideri iron ore open-cut mine in the Pilbara region from late 2021 to early 2022 after reporting a fall in half-year profit to $3.32bn in 2020, down from $4.13bn in 2019.
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· Whitehaven Coal’s profits were down to $257.6m (A$395.16m) in the half year ending on 31 December 2023, an 86% fall from the same period in 2022. Yet in the face of such difficult conditions, mine production is still expanding, both through the enlargement of existing mines and the development of new greenfield sites.
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· 07: Develop blockchain. Many mining companies are taking the lead in deploying new technologies, such as blockchain for provenance and carbon-emissions tracking. For instance, Tracr, the
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· North America and Russia will continue seeing their share of Bitcoin mining increase in 2022. “There will be both consolidation and new entrants, but there will be more consolidation than new entrants.”. Compared to 2021, mining regulation will seem a little more moderate and evenhanded in 2022. 2021 has been a stellar year for crypto
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Mining volcanic brine: a new era of mining could be about to erupt. Bubbling below the earth's surface is a stash of metals essential to the energy transition. Reaching these resources means mining a volcano.
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· Some of the most exciting new mining discoveries in Australia include a significant lithium find in north Queensland and a copper-gold discovery by Stavely Mining in Victoria. We map these and other new finds across Australia. Georgetown, North Queensland, is home to a lithium deposit uncovered by Strategic Metals Australia.
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· Credit: Barrick Gold. Mali’s interim President, Assimi Goita, has signed a new mining code into law that seeks to increase government ownership of gold concessions in the country. The new code was signed on state television on 28 August and will see the government and local investors take stakes as high as 35% in mining
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· Two years ago, I co-authored a report that made a media splash beyond anything I’ve done in my almost 30 years of writing. Mining a Mirage – co-written with collaborators from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development; the Columbia Centre on Sustainable Investment; and Mining
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· The South African mining industry has consistently increased the size of its workforce, from 406,994 in 2001 to 453,543 in 2018. This has led to a parallel increase in the tax paid by mining companies to the national government, from $1.21bn in 2010 to $1.56bn in 2018, according to the country’s Minerals Council.
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· This enables mining and construction companies to convert their existing vehicles and fleets and make their job sites significantly safer and more productive. SafeAI’s autonomous kit includes both hardware and software components. In terms of hardware, SafeAI attaches a multimodal sensor suite — including LIDAR, radar and cameras — to
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:Future of Mining TechnologyTrends in Mining TechnologyMining DigitalStay ahead in mining technology with Mining Magazine. Dive into the latest on AI, automation, and cutting-edge tools shaping the industry. Subscribe for exclusive updates
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· India’s cabinet approved the mining reforms at a cabinet meeting in January 2021 chaired by Modi. The winners, simply, are mining companies. These reforms are largely targeted at streamlining the processes and opening up more sites in India to mine, while also levelling the playing field between private enterprise and state-owned
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pp. 65-152. Volume 132, Issue 1, March 2023. pp. 1-64. Browse all issues of Mining Technology: Transactions of the Institutions of Mining and Metallurgy.
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· Blog written by Matthew Bliss, Deputy Director. Rapid advances in technological innovation, including through automation, digitization, and electrification, are having a fundamental impact on the
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· Nickel Asia wholly owns four operational mines in the Philippines, with partial stakes in a further eight exploratory sites. The Manila-based corporation also has partial stakes in the country’s two nickel processing plants. The deal also includes an investigation into the viability of constructing a high-pressure acid leaching (HPAL) plant
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· Recently unveiled at the 2014 Euro Mine Expo, the company’s newest innovation is a game changer in terms of efficiency and comfort. The Scooptram ST18 loader, designed to match Atlas Copco’s 60 ton capacity Minetruck MT6020, provides a unique bucket design which tests show gives considerably better muckpile penetration.
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· The evolving digital mine combines artificial intelligence, machine learning and autonomous technologies to create a new Industry 4.0 approach to mining. Driving the adoption of these digital technologies will be based on the need for continuous improvement in safety, productivity and efficiency.
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· Jacinth-Ambrosia. The Iluka Resources-owned project is South Australia’s only mine currently producing heavy minerals, such as zircon and ilmenite, through sand mining. The mine produced close to half a million tonnes of these materials in 2018 according to the state’s Department for Energy and Mining, close to the mine’s total
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:Mining TechnologyTrends in MiningDigital Mining · 1. Harness technology. The many improvements mining companies have achieved by harnessing modern technologies include: Improving throughput and recovery. At some mines, advanced analytics
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· What’s new in mining technology? Salomae Haselgrove December 2, 2020, 11:29 am January 18, 2021 A lot has changed in the industry since the beginning of 2020 and the movement isn’t about to stop.
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47 new green mining technology breakthroughs uncovered and profiled in “Emerging Green Mining Innovation,” a report published today by Kachan & Co. San Francisco, Ca-Driven primarily by cost savings, mining companies are
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· The South African Council for Scientific and Industrial Research (CSIR) has announced three devices using the latest mining safety technology at the Mandela Mining Precinct in Johannesburg. The Monster, RockPulse and Glass Rock technologies will aim to address what is set to be South Africa’s deadliest year in mining since 2015.
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· This is not to say, of course, that Ethiopian mining is not already a productive enterprise. According to the latest EITI report on Ethiopian mining, between 2018 and 2019 gold production hit 3.18 tons, generating a value of around ETB6.3bn ($126.3m), and operating as the driving force behind a mining industry whose products were valued
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· We believe that the mining industry is at an inflection point, in which digital technologies have the potential to unlock new ways of managing variability and enhancing productivity. The large-scale adoption of four different clusters of technologies is accelerating 2 : Data, computational power, and connectivity.
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