News
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Gold price goes high recently
Gold prices rose on Monday, hitting an eight-month high on the back of the situation in Ukraine. Gold prices on the New York Mercantile Exchange closed at $1,906.2 an ounce, up 0.34%. Silver was $23.97 an ounce, down 0.11%. Platinum was $1,078.5 an ounce, up 0.16%. Palladium traded at $2,3...Read more -
Roberts enter deep underground mines for demolition work II
Future trends From ultra-deep mining to shallow subsurface applications, demolition robots can improve safety and productivity throughout the mine. A demolition robot can be placed on top of a fixed grid or blast chamber and allowed to break up large chunks without the use of explosives or...Read more -
Robots enter deep underground mines for demolition work I
Market demand has made mining of certain ores consistently profitable, however, ultra-deep thin vein mining projects must adopt a more sustainable strategy if they are to maintain long-term profitability. In this regard, robots will play an important role. In the mining of thin veins, compact and...Read more -
RANKED: Top 10 mines with world’s most valuable ore
Top listed uranium producer Cameco’s Cigar Lake uranium mine in Canada’s Saskatchewan province takes top spot with ore reserves valued at $9,105 per tonne, totaling $4.3 billion. After a six-month pandemic induced halt. Pan American Silver’s Cap-Oeste Sur Este (COSE) mine in Argentina is in secon...Read more -
Global data: Zinc production has rebounded this year
Global zinc production will recover 5.2 per cent to 12.8m tonnes this year, after falling 5.9 per cent to 12.1m tonnes last year, according to global Data, the data analysis firm. In terms of production from 2021 to 2025, the global figures forecast a cagR of 2.1%, with zinc production reaching 1...Read more -
The 2021 China International Mining Conference opens in Tianjin
The 23rd China International Mining Conference 2021 opened in Tianjin on Thursday. With the theme of “Multilateral Cooperation for Development and Prosperity in the post-COVID-19 era”, the conference aims to jointly build a new pattern of international mining cooperation in the post-C...Read more -
Customer in Ecuador has received our rock drill and drill pipe.
Customer in Ecuador has received our rock drill and drill pipe. Our company is committed to the production of Drilling Tools, has more than ten years of production experience, and can provide you with reasonable mining solutions. Welcome you to try our company’s ...Read more -
South32 buys stake in KGHM’s Chilean mine for $1.55bn
Sierra Gorda open pit mine.(Image courtesy of KGHM) Australia’s South32 (ASX, LON, JSE: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for $1.55 billion. Japan’s Sumitomo Metal Mining and Sumitomo Corp, wh...Read more -
A customer from Peru purchased 4000 drill bits from our company.
A customer from Peru purchased 4000 drill bits from our company. Thank you for your trust in us. Gimarpol is committed to the production of rock drill, has more than ten years of production experience. Welcome you to try our company’s products, I believe we will have a happy cooper...Read more -
World’s top copper projects by capex — report
The KSM Project in northwestern British Columbia. (Image: CNW Group/Seabridge Gold.) Global copper mine production is set to expand by 7.8% y-o-y in 2021 as a result of multiple new projects coming online and low-base effects due to covid-19 lockdowns reducing output in 2020, market analyst ...Read more -
Antofagasta to test use of hydrogen in mining equipment
Pilot project to advance the use of hydrogen in large mining equipment has been set up at the C entinela copper mine. (Image courtesy of Minera Centinela.) Antofagasta (LON: ANTO) has become the first mining company in Chile to setup a pilot project to advance the use of hydrogen in large mi...Read more -
Weir Group cuts profit outlook following crippling cyberattack
Image from Weir Group. Industrial pump maker Weir Group is reeling following a sophisticated cyberattack in the second half of September that forced it to isolate and shut down its core IT systems, including enterprise resource planning (ERP) and engineering applications. The result is seve...Read more