Weir has entered into a binding agreement to acquire ESCO Corporation, the US company based in Portland, Oregon, for an equity value of $1.051 billion and an estimated enterprise value of $1.285 billion. ESCO is the global market leader in highly engineered GET for surface mining and construction. “ESCO is a global business with 10[…]
Over 100 innovators gathered at the CORE Innovation Hub last weekend 13-15 April 2018 to tackle one of four real operational challenges from BHP Nickel West at Unearthed Perth 2018, which marked the fifth anniversary of the inaugural resources technology hackathon in 2014. The 54 hour open innovation event “was a celebration of an incredible community[…]
From June 19 till June 22, the 25th anniversary World Mining Congress will be held in Astana, Kazakhstan. The organisers point to the importance of the country in global commodity terms. In 2017 past year, the Kazakh mining industry grew by 9.3%, and the mineral processing industry by 5.1%. The volume of extraction of non-ferrous[…]
The colossal Man Engine, voted the UK’s National Lottery Best Arts Project in 2017, and powered by Volvo, will return for his much-anticipated Resurrection Tour very soon. On March 31, the awe-inspiring behemoth will be resurrected in the far west of Cornwall, where he was last seen during his 2016 tour at Geevor tin mine before[…]
The factory of Kingnor Mining Equipment Co, the joint venture company formed by Normet Group and JCHX Mining Management has been inaugurated in Daye, Hubei Province, China. It will focus on manufacturing and assembly of multipurpose mining vehicles and related accessories for the Chinese mining market. The new state-of-the-art manufacturing facility is designed for efficient[…]
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[…]
Western Australia could soon become a hub for battery manufacturing with the state expected to be the only jurisdiction in the country to produce all raw materials for lithium ion battery production. That is the view of Minerals Commodities Lltd Business Development Manager, Daniel Hastings, whose company is developing the Munglinup graphite project, about 100[…]
The next generation of miners from across the world are making their final preparations before testing their mettle in a series of gruelling traditional challenges and events. Thirty-nine teams, including seven teams of intrepid students from the Camborne School of Mines, UK, will compete in skills such as jack leg drilling and hand steeling at[…]
Veolia Water Technologies sponsored a $2,000 scholarship at the Society of Mining, Metallurgy, & Exploration (SME) 2018 Annual Meeting & Exhibition in Minneapolis, USA. One specific criterion for the Veolia scholarship was that the applicants show an interest in pursuing a career in water-related matters within the mining industry. This year Veolia proudly awarded Adewale[…]
The annual recognition for mining companies using simulation for equipment operator optimisation and business improvement have progressed this year recognising regional winners for surface and underground mining environments. The award, sponsored by Immersive Technologies, recognises the achievements of mine sites focused on improving operational safety, efficiency and productivity through strategic and focused simulator based training[…]