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NEWS Click on text to read news by category: General | Product | People | Worldwide

FURA Gems Collaborates with Cognecto to Transform Its Australian Mining Operations

August 31, 2021

FURA Gems has entered into a partnership with India’s leading AI-based heavy equipment monitoring company Cognecto to improve operational efficiency, sustainability, productivity, and decrease the carbon footprint of its Australia mining operation. This collaborative effort forges a solution combining heavy

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Rio Tinto Resumes Operations at Richards Bay Minerals, South Africa

August 30, 2021

Rio Tinto has commenced the process of restarting operations at Richards Bay Minerals (RBM) in South Africa. This follows a stabilization of the security situation around the mine, supported by the national and provincial government, as well as substantive engagement

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FLSmidth to Acquire thyssenkrupp’s Mining Business for $386 Million

August 27, 2021

FLSmidth and thyssenkrupp Industrial Solutions AG have reached an agreement where FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration of EUR$325 million ($386,265,163 million) corresponding to approximately DKK$2.4 billion. Closing of the transaction is expected in

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VTT, Nokia, and Sandvik Partner for 5G Powered Mining Technology Project

August 25, 2021

Finland-based VTT has teamed up with Nokia and Sandvik to conduct a 5G-powered research project on advanced mining technology, dubbed Next Generation Mining (NGMining). Advanced mining technology includes autonomous connected machinery, digital automation, and advanced analytics for real-time situational awareness

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U.S. Coal Exports on the Mend Despite Mixed Long-term Outlook

August 24, 2021

The amount of coal shipped from U.S. shores rose during the second quarter, buoyed by robust demand from international markets, particularly in Asia. Exports of U.S. coal jumped 52.5 percent year over year to 20.6 million tonnes in the June

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Gates, Bezos, Branson, and Bloomberg in Billionaires’ Club to Mine Raw Materials in Greenland

August 13, 2021

Billionaires are getting the band back together just in time for the Disko. Bill Gates is leading his big-money buddies looking for nickel, copper, cobalt and platinum at the “Disko Project” in Central West Greenland. The Microsoft founder’s Breakthrough Energy

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Queensland Releases EIS Draft for Whitehaven’s $740 Million Winchester South Coal Project

August 5, 2021

The Queensland government in Australia has released a draft environmental impact statement (EIS) for Whitehaven Coal’s proposed AU$1 billion ($740.67 million) Winchester South Project. According to the regional government, the release of the draft EIS marks a step closer to

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Komatsu Forms Collaborative Customer Alliance to Advance Zero-emission Equipment Solutions

August 3, 2021

Working together to rapidly innovate in support of carbon reduction targets, Komatsu and several of its customers have formed the Komatsu Greenhouse Gas (GHG) Alliance. The founding members of the alliance are Rio Tinto, BHP, Codelco, and Boliden. Through the

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Rio Tinto and Komatsu Partnering for Zero-emission Mining

August 3, 2021

Rio Tinto and Komatsu are partnering to fast-track the development and implementation of zero-emission mining haulage solutions, including haul trucks. Rio Tinto will conduct a pre-production trial of the new equipment at a Rio Tinto site and has the option

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Chile Workers at BHP’s Escondida Copper Mine Vote to Strike

August 2, 2021

Workers at the world’s biggest copper mine, in Chile, have called a strike after rejecting a compensation offer by Anglo-Australian giant BHP. The world’s top producer of the mineral, Chile makes up 28 percent of global copper output, and the

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