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The future of mining: eight bold industry …
The clever implementation of digital technologies like the Industrial Internet of Things (IIoT) and automation could transform mining, making it safer, more productive, efficient, sustainable, and profitable, …
First Majestic to acquire Gatos Silver for $970m
Once the transaction is finalised, current Gatos shareholders will hold approximately 38% of the fully diluted First Majestic shares. Keith Neumeyer, president and CEO of First Majestic, said: "The acquisition of Gatos Silver… enhances First Majestic's operating platform through the addition of 70% of Cerro Los Gatos – a high quality, long …
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Pharmaceutical Technology Daily Update Pharmaceutical Technology Weekly Round-up Pharma Technology Focus Magazine. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities.
A Round-Up of the Latest Innovations in Mining Technology
The mining industry has long faced challenges of declining ore grades, deeper deposits, and environmental concerns . Despite these complexities, technological innovations are transforming the sector, enhancing safety, efficiency, and sustainability . Embracing Digital Transformation The industry is on the cusp of a digital revolution, …
Top 10: Mining Technology Companies
Mining Digital considers Top 10 Mining Technology Companies that work to reduce cost, environmental harm and improve safety in the industry by using technology. ... 09 Newcrest Mining. Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world's largest gold mining companies. …
Artificial intelligence: Unearthing new potential in …
Artificial Intelligence (AI) is set to transform the mining industry. Accenture's MD of Communications and Technology, NITESH SINGH, and MD of Resources, NISHAL NAIR, speak to how …
Drones in Mining: Technology Trends
Drones technology has a varied range of mining applications from exploration, and mapping to maintaining safety and enhancing security. ... The gold standard of business intelligence. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to …
The future of small-scale gold mining in the Philippines
The new measure – which also reaches gold transactions between small-scale miners and accredited traders – was signed into effect by Philippine President Rodrigo Duterte on March 29, in a move that is intended to boost the country's domestic gold reserves and global economic standing, as well as prevent illicit trading of the …
Tailings potential: recovering metals from mine waste streams
In the Peruvian Amazon region of Madre de Dios, the beauty of the dense green rainforest is juxtaposed against a barrage of miners digging and sifting the riverbed in search of one thing: gold. Mining in the region causes deforestation and unfettered pollution yet it also provides a vital livelihood for locals – but what if the endless muddy ...
Magino Gold Project, Ontario, Canada
The proven and probable mineral reserves at Magino were estimated at 63.3 million tonnes (mt), grading 1.16g/t gold with contained gold of 2.36 million ounces, as of December 2022. Mining methods at …
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US Government authorises Perpetua Resources' Stibnite gold project ... Mining-technology is one of a network of 40+ proprietary B2B websites, ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral …
Australian miners power ahead with equipment electrification
The gold standard of business intelligence. ... Tick here to opt out of curated industry news, reports, and event updates from Mining Technology. Submit and download ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined …
AngloGold, Regis approve Havana underground project
AngloGold Ashanti and its Tropicana joint venture (JV) partner Regis Resources have approved the development of the Havana underground project in Western Australia.. This development is set to deliver gold production, primarily between 2027 and 2029, above the existing Tropicana mine plan.
The role of technology in mine safety and rescue
Mining Technology's analysis of innovation in mine sensor networks, based on GlobalData research, reveals that "activity is driven by improved computing power and connected sensors to control and monitor the mining environment. In the last three years alone, there have been over 62,000 patents filed and granted."
The future of mining in South Africa
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.
What's new in automated drilling and blasting?
This is why major miners have already invested heavily in the technology. Rio Tinto operates the largest autonomous drilling fleet in the world. It has 26 drill blast holes controlled from a remote operations centre where an operator can plan activities for each drill for an entire shift remotely, rather than doing the work manually on site.
Barrick to resume Porgera gold mining in PNG this month
Assuming a price of $1,800 per ounce of gold, the mine is expected to generate more than $7bn over a 20-year expected mine life. Barrick president and CEO Mark Bristow said: "It has been a long journey but in the process we have secured the buy-in of all the stakeholders and we look forward to steering the mine back to world-class …
Behind the mining technology transformation
McKinsey Metals & Mining published a 2015 paper that predicted a technology-enabled transformation of the mining industry. The paper identified some potentially game-changing innovations that we …
2023 in data: the trends that shaped the mining sector
On the trends visible within the 2023 deals, David Kurtz, Director of Mining and Construction at GlobalData, says: "On mining M&A we're seeing an increasing shift towards transition metals and battery commodities.Looking at announced M&A, we can see a roughly 40% increase in deals across lithium, cobalt and nickel this year compared to …
Galiano completes purchase of Gold Fields' Asanko mine stake
Galiano Gold has finalised the acquisition of a 45% interest in the Asanko Gold Mine in Ghana, consolidating its position as a key player in West Africa's gold mining industry. The deal, announced in December last year, saw the company buying its joint venture (JV) partner Gold Fields' 45% stake in the Asanko mine for $170m.
The latest gold mining news
American Pacific Mining Corp has reported results from the first three holes of its drill programme at the Madison Copper-Gold Project in Montana, USA. Seventy …
Mining in Mali: balancing prospects and problems
Already a significant gold producer, Mali's mining sector is poised for further growth after the country's Chamber of Mines recently tripled estimates of the country's bauxite reserves, following several new discoveries. This is good news for Mali and miners alike; yet it's not all positive. Mali's mining sector faces many challenges ahead – …
Resource Mining acquires Tanzanian copper-gold projects
Australia-based RMC has acquired the Mpanda and Mbozi copper-gold projects in Tanzania. The deal was executed through the purchase of a 75% stake in Vancouver Mineral Resources (VMR), a Tanzanian company, and positions RMC in a significant multi-element resource area within the Ubendian Orogenic Belt in western …
Cripple Creek and Victor Gold Mine, Colorado Springs
Up until the 1960s The Cripple Creek Mining District was mined initially by multiple underground operations until the 1960s, after which mining activities ceased for a period. Small scale surface mining started in the 1970s until the start of large-scale surface mining in 1991, leading eventually to the start in 1994 of the CC&V Cresson Project.
The Latest Advancements in Underground Mining Technologies
Several companies have entered the race to develop fully autonomous mining equipment. Rio Tinto, for instance, is employing autonomous drilling systems at its mines in Australia.With this technology, a single operator can simultaneously control four autonomous rigs, improving safety and reducing labor costs while promoting better …
Top 10 technologies and strategies in mining
Autonomous trucks introduced by some miners are technology-powered mining advances that have made workers safer while reducing fuel usage by 10-15% - thus improving environmental …
Simberi Gold Mine, Simberi Island
St Barbara acquired Allied Gold Mining Company, which fully owns the Simberi mine, in September 2012. ... Mining Technology In Brief ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities.
On the hunt: the new technologies changing mineral …
The gold standard of business intelligence. ... Tick here to opt out of curated industry news, reports, and event updates from Mining Technology. Submit and download ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined …
Harmony Gold Mining's Earnings and Revenues Increase in …
Harmony Gold Mining Company Limited HMY logged adjusted earnings of 99 cents per share in the fiscal 2024 (ended June 30, 2024), up 120% from adjusted earnings of 45 cents recorded a year ago. In ...
Automation in Australia: how the future of mining could …
The gold standard of business intelligence. ... Tick here to opt out of curated industry news, reports, and event updates from Mining Technology. Submit and download ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined …
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