Akobo Minerals has just announced that it has intersected visible gold at 282 metres vertical depth, as well as seeing signs of further potential gold mineralisation in several sections along this latest hole. All indicators point to a belief that…
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…
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,…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
Page 2 of 5