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On August 21, Zijin Mining announced it is acquiring a 48.591% interest in Tibet Zhonghui Industrial for RMB1.646 billion, or almost US$226 million, which will give the company a relative controlling interest in the Zhunuo Copper Mine, an undeveloped, ultra-large copper mine in Tibet, China. According to the agreement signed for the acquisition, Zijin Mining[…]

A remote-controlled Caterpillar D8 dozer is now ready for operation at Sibelco’s underground nepheline syenite mine in Stjernøy, northern Norway. The technology from Norwegian company Steer AS, is enabling Sibelco to increase production at the plant with environmental benefits. It is an important development as it shows an example of one of the world’s largest industrial[…]

CharIN has launched a Wireless Power Transfer Taskforce initiated by Siemens AG, WiTricity Corporation, and MAHLE. The Taskforce aims to drive the adoption and standardisation of wireless charging solutions for electric vehicles worldwide to enable seamless wireless charging experiences. Industry experts are invited to participate. The Task Force starts working in September. The founding of[…]

SightPower Inc has announced the awarding of C$612,000 funding from Canada’s Mining Innovation Commercialization Accelerator (MICA) for the development of an automated mine shaft inspection AI-based system for the global mining industry. A National Network of Innovation for Mining, MICA is designed to bridge the innovation-commercialisation gaps that delay commercial success, domestically and globally. MICA[…]

Following the launch of its groundbreaking AI-based Pangu Mining Model in July 2023, Paul Moore caught up with Jun Xu, CTO of Huawei’s Mining BU, to find out how this large model will help mines to achieve new levels of operational control and intelligence. A recent video highlighting some of the use cases can be[…]

Orion Minerals says it has awarded a six-month trial mining contract to P2 Mining, a subsidiary of South Africa-based mining contractor Newrak Mining Group, to undertake the early works trial underground mining program at the Prieska copper zinc mine (PCZM) in the Northern Cape Province of South Africa. The trial mining will target the +105[…]

Following the acquisition of Devico, IMDEX says it is looking to grow the market for Directional Core Drilling (DCD) technology. The technology is billed as delivering sustainable mining operations through more focused and efficient exploration with decreased costs and lower environmental impact, including reduced water consumption and greenhouse gas emissions when compared with conventional drilling.[…]

Exyn Technologies, a pioneer in multi-platform robotic autonomy for complex, GPS-denied environments, has announced the successful second close of its recent funding round. This milestone, Exyn says, further strengthens the company’s strategic partnerships with two prominent investors, C.R. Kennedy & Company and Aero X Ventures. Exyn says it is revolutionising industries such as mining, logistics[…]

Epiroc says it is continuing its successful partnership with Kamoa Copper SA in the Democratic Republic of the Congo, with the OEM winning its largest-ever order to date tied to the expansion of the Kamoa-Kakula copper mining complex. Kamoa Copper has ordered 65-t-payload Minetruck MT65 S haulers, as well as 18-t-payload Scooptram ST18 S loaders,[…]

The FUCHS Group, which operates globally in the lubricants industry, has expanded its presence in South America with the full acquisition of FUCHS LUBRICANTS SpA in Chile. On September 1, 2023, the joint venture seamlessly transitioned into a wholly owned subsidiary of the FUCHS Group. FUCHS LUBRICANTS SpA was founded in 2018 when FUCHS acquired[…]