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Sandvik expands digital software offering 1 Mining technology International 

Sandvik expands digital software offering

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Mining equipment provider Sandvik will acquire Deswik, a provider of mine planning software, to broaden its digital solutions offering. Sandvik described Deswik as a “top-tier supplier of integrated software platforms” supporting digitalisation throughout mine planning stages. Furthermore, Sandvik said it will enhance its software and digitalisation sector presence through Deswik’s “high-quality customer base.” The acquisition will fill a value chain gap in Sandvik’s Mining and Rock Solutions’ offering by increasing upstream mining coverage and enabling opportunities for end-to-end optimisation solutions, including incorporating electrification at the mine planning stage. The core… Read More Here
Metso Outotec launches Reactorwell 2 Equipment & Technology Mining technology 

Metso Outotec launches Reactorwell

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Metso Outotec has launched the Metso Outotec Reactorwell, a new generation feedwell for maximising thickener and clarifier performance while minimising flocculant consumption to improve operational efficiencies. The company said the new feed system would feature high solids retention and mixing efficiency and eliminate short-circuiting. Additionally, it would provide “optimum feed conditioning for thickeners and clarifiers.” Brian Berger, vice president, Thickeners and Clarifiers at Metso Outotec, said the Reactorwell would enable “a big leap forward in thickener and clarifier performance” as it utilises maximum settling area due to its “high exit… Read More Here
Jubilee upbeat about outlook for copper, PGM markets 3 Copper International Mining in Zambia 

Jubilee upbeat about outlook for copper, PGM markets

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Metals processor Jubilee Metals Group sees a rosy outlook for the copper and platinum group metal (PGM) markets in the years ahead. “The outlook for copper, in particular, remains buoyant, with many predictions that 2030 will see a doubling in demand for copper. I for one, see the supply side being severely challenged, with Chile as a major contributor to the copper supply, being challenged technically and socially. “The large copper systems that are now in favour are few and far between and have a gestation period of some 12 years. The lack of big projects being developed will, to me, facilitate smaller copper production from both surface and underground mines,”… Read More Here
Ivanhoe mines reports no impact from the omicron variant on any of its operations 4 Mining in DRC Safety & Health 

Ivanhoe mines reports no impact from the omicron variant on any of its operations

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Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) reports that the new COVID-19 variant, Omicron, has had no impact on any of its mining or mine development operations in South Africa or the Democratic Republic of Congo (DRC). No cases of the new variant have been detected at the company’s Kamoa-Kakula and Kipushi projects in the DRC and, while there have been some recent infections among employees and contractors working at the company’s Platreef Project in South Africa, all people infected to date have either been asymptomatic or experienced very mild symptoms.… Read More Here
ROLLS-ROYCE EXTENDS TBO INTERVALS OF mtu SERIES 4000 ENGINES FOR COMMERCIAL MARINE APPLICATION 5 Equipment & Technology Mining technology 

ROLLS-ROYCE EXTENDS TBO INTERVALS OF mtu SERIES 4000 ENGINES FOR COMMERCIAL MARINE APPLICATION

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New engines of the latest generation of mtu Series 4000 can be operated for up to 96,000 hours until the first major overhaul  Important contribution to resource conservation and reduction of life cycle costs To be presented at the International Workboat Show in New Orleans (1 – 3 December, booth 2701) Rolls-Royce is introducing significantly extended engine running times of up to 96,000 hours between overhauls (TBO) for the latest generation of its mtu Series 4000 engines for commercial marine. In general, all marine engines of the latest generation of mtu Series 4000 can now run… Read More Here
Gold falls to one-month low on Powell's hawkish remarks 6 Gold International 

Gold falls to one-month low on Powell’s hawkish remarks

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Gold plumbed a one-month low on Thursday as US Federal Reserve chairman Jerome Powell‘s comments on the need to tame inflation bolstered bets for faster monetary policy tightening and offset Omicron-driven safe-haven inflows into bullion. Spot gold fell 0.4% to $1 775.80 per ounce by 11:02 GMT, having earlier hit its lowest since Nov. 4. US gold futures dropped 0.5% to $1 775.30. In his second day of testimony in Congress on Wednesday, Powell said the Fed needed to be ready to respond to the possibility that inflation might not recede… Read More Here
Solid-State Batteries Promise Electric Car Popularity Boost, But Technical Mountains Await 7 Battery Metals International 

Solid-State Batteries Promise Electric Car Popularity Boost, But Technical Mountains Await

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Solid-state battery technology should be the knight in shining armor for the electric car revolution, as it steps in to slash the cost of batteries and make living with a plug-in car just like an internal combustion engine (ICE) only better. The trouble is, the timetable for adoption keeps slipping and a mass market-ready product isn’t likely this decade, allowing time for other solutions like fuel cells to make up lost ground. Solid-state batteries promise fast, ubiquitous charging, and enough power to outrun ICE cars not just in the city,… Read More Here
Copper price stable as omicron concerns ease 8 Copper International 

Copper price stable as omicron concerns ease

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The copper price was stable on Wednesday as concerns about the new omicron coronavirus variant that has rattled market sentiment in recent days eased. Copper for delivery in March was down 0.3% on the Comex market in New York, touching $4.26 per pound ($9,372 per tonne).  The most-traded January copper contract on the Shanghai Futures Exchange eased 0.4% to 69,560 yuan ($10,932.98) a tonne. The European Union drug regulator said on Tuesday existing covid-19 vaccines would provide protection against omicron, calming markets shaken by Moderna CEO saying existing shots would be… Read More Here
Metso Outotec unveils virtual inspection tool 9 Equipment & Technology Mining technology 

Metso Outotec unveils virtual inspection tool

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Metso Outotec will launch a virtual inspection tool for horizontal grinding mill linings, which it said will enable more efficient and safer technical decision-making. According to the company, the technology will allow scanned mill linings to be viewed in virtual reality and improve the efficiency and safety of its aftermarket services through advanced wear-part analysis. Additionally, the technology reduces the need to travel to sites and make inspections in possibly dangerous environments, which Metso Outotec said cuts carbon emissions in manufacturing and transportation. Lars Furtenbach, research and technology development manager… Read More Here
Congo State cobalt monopoly aims to start buying in January 10 Cobalt Mining in DRC 

Congo State cobalt monopoly aims to start buying in January

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Democratic Republic of Congo’s state cobalt monopoly plans to start buying artisanal cobalt in January, its CEO Jean-Dominique Takis said in an interview at the Reuters Next conference, as the world’s biggest producer of the metal tries to ramp up revenue. Cobalt, which is trading at around $62 000 a tonne, is used in many of the batteries that power electric vehicles, sales of which are expected to soar as the world strives to cut carbon emissions. The Congo set up Entreprise Generale du Cobalt (EGC) to buy, process, and market all the artisanal… Read More Here

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