Wednesday, 02 March 2022 11:14
Update on Russia Ukraine conflict on Metso Outotec’s business
As a result of Russia’s military actions against Ukraine, the European Union, the United States and other countries have announced severe sanctions against Russia. While the mining industry is currently not directly targeted by the sanctions, sanctions against the banking…
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Mining
Monday, 28 February 2022 16:03
Hexagon strengthens drill autonomy capabilities with exclusive partnership
Hexagon’s Mining division today announced it has signed an exclusive partnership agreement with Phoenix Drill Control, a technology company specialized in implementing autonomous technology to the open-pit, blast-hole drilling process. Applying artificial intelligence (AI) and machine control to drill automation,…
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Mining
Monday, 28 February 2022 13:23
HANetf: Investment comment on Ukraine/Russia crisis
Gold hit a 20 month high on Wednesday of $1940, driven mainly by the Russian invasion of Ukraine. There has been significant volatility since but gold is hovering around the $1,900 mark. The price of gold often rallies during times…
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Mining
Thursday, 24 February 2022 18:54
Snow lake lithium to develop world’s first all-electric lithium mine, supplying north american electric vehicle industry
Snow Lake Lithium Ltd (Nasdaq:LITM) has outlined plans to develop the world’s first all-electric Lithium mine in Manitoba, Canada developing a domestic supply of this critical resource to the North America electric vehicle industry. With demand for electric vehicles growing…
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Mining
Wednesday, 23 February 2022 10:44
Metso Outotec wins major order for siderite calcination plant in Turkey
Metso Outotec has signed an agreement for the delivery of a siderite calcination plant to Hekimhan Madencilik, a subsidiary of Koloğlu Holding, located in Malatya, Turkey. The value of the order is approximately EUR 23 million, and it has been…
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Mining
Tuesday, 22 February 2022 10:17
ABB introduces new version of ABB Ability™ Performance Optimization for hoists for even better operational analysis and insights
A new version of ABB Ability Performance Optimization for hoists has been launched by global technology company ABB to meet the need for increased digitalization in the mining industry. The upgraded digital service enables condition based maintenance and a higher…
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Mining
Tuesday, 22 February 2022 10:04
Akobo Minerals enters into partnership with Oromia Bank
Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and mining company, has just announced that it has signed a memorandum of understanding (MOU) with the Ethiopian commercial bank, Oromia Bank. Under the terms of the MOU,…
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Mining
Wednesday, 02 February 2022 10:45
Hexagon, Rossing deploy mine safety system ahead of schedule
Hexagon’s Mining division has just announced completion of a significant safety installation with Rossing Uranium Mine in Namibia. Primary mining vehicles at the mine are now equipped with HxGN MineProtect Operator Alertness System Heavy Vehicle (OAS-HV), a full two months…
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Mining
Monday, 31 January 2022 12:01
ABB long-term service agreement supports grinding reliability for Atalaya Mining in Spain
Global technology company ABB has helped Atalaya Mining to optimize mill availability and performance by combining its gearless mill drive (GMD) with ongoing lifecycle management support and a digital condition monitoring solution through a long-term service agreement (LTSA). ABB technology…
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Mining
Friday, 28 January 2022 09:30
Metso Outotec to deliver grinding technology to ArcelorMittal’s Las Truchas iron ore project in Mexico
Metso Outotec has been awarded a contract to supply key grinding equipment for ArcelorMittal’s Las Truchas 2.3MTPA iron ore processing plant revamp project in Mexico. The value of the order is approximately EUR 17 million, and it has been booked…
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Mining
Wednesday, 26 January 2022 13:26
Hexagon strengthens its life-of-mine solutions portfolio with the acquisition of Minnovare
Hexagon AB, a global leader in digital reality solutions, combining sensor, software and autonomous technologies, acquired Minnovare, a leading provider of drilling technology that improves the speed, cost and accuracy of underground drilling. As surface ore deposits are exploited, mines…
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Mining
Tuesday, 25 January 2022 14:51
ABB steps up with new version of digital service for grinding – including mobile app
ABB has released a new version of ABB Ability™ Predictive Maintenance for grinding which is a unique advanced digital service to maintain, assess and analyze gearless mill drive (GMD) systems. Global technology company ABB has updated ABB Ability™ Predictive Maintenance…
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Mining
Monday, 13 December 2021 08:56
Metso Outotec to deliver grinding mill components to a copper and gold mine in Asia Pacific
Metso Outotec has signed a services contract for the delivery of four ball mill upgrade packages to a copper and gold mine in Asia Pacific. The value of the order is approximately EUR 19 million, and it has been booked…
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Mining
Tuesday, 30 November 2021 14:18
Metso Outotec introduces modular Horizontal Mill Plant Units for simple grinding circuit selection and execution
Metso Outotec is launching yet another unique solution in its range of minerals processing plant islands: the Horizontal Mill Plant Units. The pre-engineered plant units provide optimized grinding performance and simplify project management through easy circuit selection and flowsheet implementation. At…
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Mining
Monday, 22 November 2021 11:37
Akobo Minerals maintains its fast development pace at Segele with ongoing successful extension drilling
Akobo Minerals maintains its fast development pace at Segele with ongoing successful extension drilling, hints of new mineralisation targets and production planning well underway During the first part of 2021, the Segele project was accelerated by the resource estimate, award…
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Mining