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Category: Equipment & Technology

Caterpillar soars as investors hunt for hedges against inflation 1 Equipment & Technology International Mining technology 

Caterpillar soars as investors hunt for hedges against inflation

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Caterpillar Inc. shares are headed toward the biggest five-day gain since the pandemic as investors looking for a hedge against inflation flock to the mining- and construction-equipment maker. The company’s stock climbed as much as 6.5% on Tuesday, bringing its 5-day jump to more than 14%. If the gains hold through the close, it would be the largest such move since June 2020. The S&P 500 Index, meanwhile, has fallen 3.1% in the past five sessions.  “The Russia/Ukraine crisis has fundamentally altered global commodity markets and is likely to drive… Read More Here
Metso Outotec launches battery metals AC filter 2 Equipment & Technology International Mining technology 

Metso Outotec launches battery metals AC filter

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Finnish mining equipment specialist Metso Outotec has released an Activated Carbon (AC) filter specifically designed for use with battery chemicals as part of a recycling process. Metso Outotec said the AC filter was designed in response to the market’s increasing demand for battery metals processing technologies. The filter is used with smaller side streams of copper and other metal-loaded aqueous streams, and is specifically suited for efficient organics removal before the electrowinning and crystallization processes. The AC filter utilizes the design of the Metso Outotec DM filter product family, noted… Read More Here
Metso Outotec ceases deliveries to Russia 3 Equipment & Technology International Mining technology 

Metso Outotec ceases deliveries to Russia

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Finland-based mining and mineral processing technology supplier Metso Outotec will not deliver any equipment to Russia due to the ongoing war in Ukraine and resulting sanctions against business in Russia. In an update, the company said while the mining industry is “currently not directly targeted,” sanctions against the banking sector and individuals, as well as other restrictions, may have an impact on its customers’ Russia-related business. “Due to the current unclear and changing sanction situation, Metso Outotec has temporarily ceased its deliveries to Russia,” the company said. Metso Outotec noted… Read More Here
Sandvik introduces larger, upgraded loader 4 Equipment & Technology International Mining technology 

Sandvik introduces larger, upgraded loader

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Sweden-based mine equipment provider Sandvik has introduced the seven-tonne Toro LH307 loader, which it says offers improved productivity and capacity for underground miners.  The company said the Toro LH307 features many design updates and new options for both hardware and software. It can carry more than the previous Sandvik LH307, which had a capacity of six tonnes. The vehicle also has an integrated weighing system (IWS) and traction control, which measures the payload when lifting the boom and the number of buckets lifted during a shift; the traction control system… Read More Here
Sercel deploys WiNG system at Zambian mine 5 Equipment & Technology Mining in Zambia 

Sercel deploys WiNG system at Zambian mine

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France-based exploration technology company Sercel has said its wireless WiNG land acquisition nodal system has been deployed to a mining exploration programme at the First Quantum Minerals-owned Kansanshi copper mine in Zambia. The company said a 30-kilometre WiNG node array was deployed to acquire passive seismic data over nine months at the mine and the adjacent Solwezi basement dome. It claimed the WiNG wireless nodal acquisition system has a “lightweight form factor and compact design,” which makes it simple to deploy compared to conventional seismometers. By using an ultrasensitive advanced… Read More Here
Mobility to be first use of green hydrogen in African mines 6 Equipment & Technology 

Mobility to be first use of green hydrogen in African mines

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Mobility and heavy-duty vehicles are the first to use green hydrogen on mines and this is expected to be the area of first broad-scale application, including for rail, aviation and shipping fuels, a panel of specialists said during the ‘Why green hydrogen for African mines’ session of the Energy and Mining Summit on February 23. Department of Science and Innovation (DSI) Hydrogen South Africa Infrastructure national centre of competence director Professor Dmitri Bessarabov noted that about half of global greenhouse-gas emissions were produced owing to the activities of about 50 large companies, which include mining and heavy-duty companies, and were mainly the result of heavy-duty transport, energy-intensive processes or energy companies. “It makes… Read More Here
Tharisa, Liebherr start testing of more efficient mining machines in pursuit of ESG goals 7 Equipment & Technology Environment Social Governance (ESG) International 

Tharisa, Liebherr start testing of more efficient mining machines in pursuit of ESG goals

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Dual-listed Tharisa announces that three Liebherr mining machines with more efficient engines and fuel systems have been delivered to the Tharisa mine in the Bushveld Complex, and have begun operational testing. The partnership with Liebherr is part of Tharisa’s environmental, social and governance (ESG) initiative to reduce its carbon footprint. The two T 236 mining trucks with a capacity of 100 t and one 72 t PR 776 dozer, both of which use the latest generation diesel engine technology, with the T 236s using Cummins QST 30 engines and the… Read More Here
Sandvik outlines its emission-free mining journey at The Electric Mine 2022 8 International Equipment & Technology Mining technology 

Sandvik outlines its emission-free mining journey at The Electric Mine 2022

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Sandvik Mining and Rock Solutions President, Henrik Ager, got The Electric Mine 2022 Conference in Stockholm, Sweden, off to a bang earlier this month, with a major product reveal that will set a new benchmark in the battery-electric underground mining space. After reflecting on a journey that saw him escape a broken lift on his way to the Radisson Waterfront that morning, Ager announced the company would soon release the largest-capacity battery-electric truck for underground mining to the market, the TH665B. With a 65-t-payload capacity, this machine will be measured against the… Read More Here
Hexagon’s Mining division partners with Phoenix Drill Control on autonomous drill tech 9 International Equipment & Technology Mining technology 

Hexagon’s Mining division partners with Phoenix Drill Control on autonomous drill tech

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Hexagon’s Mining division has signed an exclusive partnership agreement with Phoenix Drill Control, a technology company specialised in implementing autonomous technology to the open-pit, blasthole drilling process. Applying artificial intelligence (AI) and machine control to drill automation, Phoenix Drill Control’s autonomous drill technology overcomes the constraints typically associated with traditional drill automation platforms, such as removal or replacement of existing machine controls, extensive operator training and reliance on operator input, according to Hexagon’s Mining division. AI algorithms monitor all input signals and take dynamic corrective action, without operator input and… Read More Here
Kinross enters into agreement with Komatsu on zero emissions mining truck development 10 Equipment & Technology Mining technology 

Kinross enters into agreement with Komatsu on zero emissions mining truck development

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Canada-headquartered Kinross Gold Corporation recently announced details of its Climate Change Strategy and greenhouse gas (GHG) reduction action plan, which includes the company’s commitment to working towards the goals of the 2015 Paris Agreement. To tackle Scope 1 emissions, it includes entering into an agreement with Komatsu to take an active role in the development of a Zero Emission Haulage Solution, which will target the development of zero-emission haul trucks. Kinross is a major global gold mining company (production of 2.07 Moz in 2021 expected to rise to 2.65 Moz… Read More Here

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