Mincon has completed the acquisition of Driconeq AB, the holding company for the Driconeq Group of companies. Driconeq is a leading global supplier of high quality drill pipes and accessories for down-the-hole (DTH), rotary and reverse-circulation applications with factories in Sunne, Sweden, Johannesburg, South Africa and Perth Australia. An integral part of the group is[…]
In our second Polyus update, following a media briefing in London as part the Polyus Capital Markets Day attended by IM, we look at the huge Natalka gold project. Polyus reports that mining activity restarted in early 2017 and for the full year some 21.8 Mt of rock was moved with ore mined at 2.9[…]
Komatsu has released a new version of its KOMTRAX remote monitoring system, which is “easier to use and more interactive for customers, allowing increased customisation, and collecting even more data from the latest Komatsu machines.” KOMTRAX uses satellite-based Information Communication Technology (ICT) to provide constant monitoring of every machine, including operational conditions and status to[…]
After the successful on-time delivery of two 55 t/h modular Python crushing and gravity plants to TMAC Resources’ Hope Bay mine in Northern Canada in 2016/17, Gekko has progressed in developing a new 30 t/h underground model. The newly developed 30 tph system (pictured) has been designed to be operated and maintained in a 5[…]
In the first of a series of posts on Russia’s largest gold miner Polyus and its implementation of equipment and technology to boost productivity across its sites, Paul Moore looks at changes the company is making to its open pit fleets, both to the machine fleets themselves but also in terms of its automation plans.[…]
A major mining and power generation company in India, has recently put into operation a new TAKRAF designed and built BWE of 700-litre capacity at an important lignite mining operation. In the presence of the mining and power generation company’s Board of Directors, as well as the management of TAKRAF’s office in India, Susheel Kumar,[…]
Mason Graphite has made a down payment to a global manufacturing leader in minerals and metals processing technology, confirming a $12.2 million purchase order issued in December 2017 covering approximately 30% of all the required equipment for the processing plant. This order covers key equipment with critical delivery schedule such as all the mills, flotation[…]
Stantec has signed a Letter of Intent to acquire Norwest Corp. With the addition of Norwest, Stantec’s Energy & Resources business operating unit will add a strong mining practice to the company’s portfolio in western Canada. Norwest, a 140-person energy and resources firm headquartered in Calgary, Alberta, has offices in Vancouver, British Columbia; Denver and[…]
Artificial intelligence (AI) is transforming the mining value chain from production to comminution and beyond. At the production end of the value chain is PETRA Data Science’s AI prototype, ShovelVision, which took out the Komatsu Transform Mining even last month. The prototype was the team’s response to the ground engaging tools challenge – detect and[…]
Master Drilling Group today released its Annual Results for the year ended 31 December 2017. Revenue increased 2.8% to $121.4 million and operating profit decreased marginally to $24.8 million. This was a positive result given that one of the Group’s machine categories, the XX-large machines category, was utilised only 40%. Cost of sales increased in[…]