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Mining indaba2020 Events & Expos Covid-19 International 

Mining Indaba 2021 officially cancelled

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The 2021 edition of Investing in African Mining Indaba has been cancelled due to the ongoing uncertainty caused by COVID-19. The event will now take place on 7-10 February 2022. For the last 27 years, Investing in African Mining Indaba has been about bringing the global mining community together and delivering world-class, face-to-face events. “Unfortunately, after discussions with our partners in South Africa and key stakeholders in the mining industry, we have made the difficult decision to cancel the 2021 edition of Mining Indaba,” explains Fred Noce, Director of Sales.… Read More Here
Caterpillar funds new initiative at South Dakota Mines for advanced mining technology 1 Equipment & Technology International 

Caterpillar funds new initiative at South Dakota Mines for advanced mining technology

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Caterpillar is sponsoring a new partnership with South Dakota Mines for autonomous robotic mining, cutting-edge software used to manage mining and construction operations, and new equipment that increases efficiency and safety. These technological advancements will increase sustainability of the earth’s natural resources while improving productivity and promoting economic development, the university said. South Dakota Mines will help lead Cat® Labs MineStar™ Consortium, which partners university faculty and students with Caterpillar engineers and researchers to help build the next generation of mining and construction technology. The university has a long history… Read More Here
Barrick’s Mark Bristow on building a license to operate 2 Gold International 

Barrick’s Mark Bristow on building a license to operate

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In an interview at Ernst & Young’s virtual Americas Mining & Metals Forum, Barrick Gold (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow spoke about the importance of building a strong license to operate, creating lasting relationships with governments and all stakeholders, and attracting generalist investors. Jeff Swinoga, co-leader of EY’s Canada Mining & Metals division, began the discussion by congratulating Bristow on Warren Buffett’s recent investment in Barrick Gold. Bristow responded that building a sustainably profitable business is key, and something he started at Randgold Resources in 1995, prior to that… Read More Here
Sandvik Signs Long-Term Agreement with Glencore Queensland Metals 3 Equipment & Technology International 

Sandvik Signs Long-Term Agreement with Glencore Queensland Metals

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Sandvik will supply Glencore’s underground mobile mining equipment and aftermarket parts under a deal struck at the end of June this year. The agreement, valued at Skr1.4bn (A$249m) over a six-year lifespan, will see Sandvik become the key provider of drills, loaders and trucks for Glencore’s metalliferous mines in Queensland and New South Wales, Australia. Sandvik will also provide parts, service, rock tools, and digital and automation technology for the new Sandvik fleet. Following the signing of the agreement on June 30, Glencore placed an initial equipment order totalling Skr300m… Read More Here
Gold price tops $1,900 on surging coronavirus cases 4 Gold International 

Gold price tops $1,900 on surging coronavirus cases

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Gold prices rose past the $1,900 an ounce level on Monday, supported by worries over a spike in covid-19 cases around the globe and uncertainty surrounding the upcoming US presidential election. However, a stronger dollar limited bullion’s advance. Spot gold was up 0.3% at $1,903.35 per ounce by 11:40 a.m. EST, while US gold futures were 0.1% higher at $1,907.20 per ounce in New York. “Gold is facing a bit of a headwind from the recent slight rise in real yields,” Nicholas Frappell, global general manager at Sydney-based ABC Bullion, said… Read More Here
Rockwell Automation releases PlantPAx 5.0 5 International Mining technology 

Rockwell Automation releases PlantPAx 5.0

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US-based Rockwell Automation has released the PlantPAx 5.0 distributed control system (DCS), which it said will reduce overall costs for plant operations by boosting productivity, improving profitability and reducing risk for operations. PlantPAx 5.0, the company said, features functions that are already native to process controllers and cyber-secured architectures, which helps to improve system availability as well as facility workflows. It is available for utilisation plant-wide and is scalable. “This release introduces new process controllers and extends the Logix family with…processing power and capacity to reduce the complexity of PlantPAx architectures; this… Read More Here
EnerDynamic targets remote sites with solar units 6 Energy International 

EnerDynamic targets remote sites with solar units

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Canadian energy solutions company EnerDynamic Hybrid Technologies plans to target the mining exploration camps with its modular solar housing products through a new partnership with services company Matrix Inc. The distribution partnership gives Matrix access to EnerDynamic’s 9′ x 12′ “Heli-Units”, which are off-grid, solar-powered housing units.  Matrix has already placed an order for ten units, with an open order for an additional 100 units to be drawn down over the next five months. Each EnerRoom unit comes equipped with managed solar power, a battery system, and all necessary electrical connections. Each… Read More Here
Epiroc wins order from Nornickel 7 Equipment & Technology International 

Epiroc wins order from Nornickel

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Equipment manufacturer Epiroc has set a fourth-quarter 2020 delivery date for an US$11.3 million equipment order for Nornickel to outfit its Russian mines. The order, which includes Epiroc’s Boltec M and Cabletec M rigs, will be used in the Oktyabrskiy, Mayak and Komsomolskiy mines. Epiroc said the operator wants to reinforce its underground rock in the safest and most productive manner. Several of the Boltec machines, it said, will feature a new automated pumpable resin system, which has been a key component in Epiroc’s automated bolting development. The pumpable resin… Read More Here
Boart Longyear on the digitalisation of drill rigs 8 International Mining technology 

Boart Longyear on the digitalisation of drill rigs

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Innovation in surface drill rig design has quietly taken quantum leaps in recent years as engineers adapt new techniques and technologies to tackle trends such as the need for more agile equipment to be used at more remote deposits. Safety and environmental regulations have also evolved hugely in the past five years, making the latest ranges of drill rigs the most advanced, connected and the smartest the industry has ever seen. Read More Here
Global copper production to increase in 2021 after two years of declines: ICSG 9 Copper International 

Global copper production to increase in 2021 after two years of declines: ICSG

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The International Copper Study Group (ICSG) has released its copper market forecast for 2020-21 and expects this year will mark the second consecutive year of decline in world copper mine production. After a drop of 0.2% in 2019, the ICSG anticipates that global copper mine production will fall by about 1.5% this year, before growing by about 4.5% next year. The forecast is in line with estimates from Colin Hamilton, a mining analyst at BMO Capital Markets. The London-based analyst has projected a 1.7% reduction of worldwide copper mine production in 2020,… Read More Here

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