New Frontiers for Mining Value Creation

Alexander Vyazmensky | May 19, 2017
img0 There are many opportunities to revolutionize the mining industry and enhance the value generated by the mining businesses, this post presents a few promising avenues. Digital Technologies Key Benefits: -> Total operational awareness and control: -> Optimal resource allocation for maximum productivity -> Reduction of variability in decision making and execution -> Automation of mining ...

The perspective solution for underground mines is to teach robotic systems to “feel” rather than “see”

MINEX FORUM | March 28, 2017
img0 One area that has eluded automation for years is the loading process of the underground LHD vehicles themselves. The challenge has always been how to create an automated system with the ability to effectively gauge the difference in size and configuration of rock piles as the loads are continually dispersed. Progress is also being stalled ...

MINEX Forum and Eurasian Resources Group challenge international mining solution providers

MINEX FORUM | March 1, 2017
img0 Finding the best possible technological solution for a mine planning, construction, modernisation or closure is a complex task and often involves creative approach and analysis of alternative offers. Striving to achieve greater efficiency in knowledge exchange and engagement between the local mining companies and international vendors the MINEX Central Asia Forum in Astana (Kazakhstan) in ...

Glencore purchased Mutanga and Katanga for US$534 million in cash and debt

MINEX FORUM | February 14, 2017
img0 Glencore purchased from subsidiaries of Fleurette Properties Limited (“Fleurette”) the Fleurette group’s remaining 31% stake in Mutanda Mining Sarl (the “Mutanda Shares”) and an approximate 10.25% stake in Katanga Mining Limited (the “Katanga Shares”), Glencore reported. The consideration for the Mutanda Shares and the Katanga Shares has been determined based on an analysis by BMO ...

2016 Commodity Waves

MINEX FORUM | January 9, 2017
img0 It was an up and down year for commodities, but things ultimately finished in the black. The S&P Goldman Sachs Commodity Index (GSCI) climbed 10.1% on the year – it was just enough to edge out the S&P 500, which ended 2016 with a 9.5% return. Visualcapitalist.com presented some charts showing changes in mining sector. Winners in ...