MineHub Technologies has signed a memorandum of understanding with an unnamed Singapore-based company operating a digital matching platform that provides an end-to-end solution for physical iron ore trading, from execution through to Letter of Credit settlement. “Iron ore is a critical global commodity, yet its supply chains remain largely manual. This partnership accelerates MineHub’s expansion into this market, leveraging our…
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RPMGlobal entered a six-week exclusivity period with Caterpillar on August 29 to conduct due diligence to firm up a non-binding indicative offer, which values the Australian software company at $5 per share or A$1.12 billion (US$733 million) in equity value, by way of a scheme of arrangement. “Caterpillar shares our values, believes in our mission, and is committed to investing…
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Komatsu announced a strategic technology collaboration with Applied Intuition, a Silicon Valley-based company at the forefront of vehicle intelligence. This collaboration aims to provide cutting-edge technologies and real-time adaptability to Komatsu’s next-generation mining equipment, helping customers boost productivity, reduce downtime and operate with greater precision and efficiency. With Applied Intuition’s proven capabilities across vehicle operating systems, autonomy stacks and tooling,…
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Data from the U.S. Geological Survey’s Landsat satellite program, managed in partnership with NASA, has helped shape the development of the Thacker Pass lithium project. For more than 50 years, Landsat, the satellite program managed by the U.S. Geological Survey and NASA, has provided continuous Earth observation data to support science-based decision-making, including mine planning in sensitive environments. A recent…
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A mine plan modification will restore full-scale mining and prolong operations at the historic site through 2039. by Josephine Patterson The U.S. Department of the Interior (DOI) has approved a change in the mining plan for the Black Butte mine in Sweetwater County, Wyo., approximately 25 miles east of Rock Springs. The modification enables Black Butte Coal Co. to recover…
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How total conveyance and in-region manufacturing are simplifying product procurement, transportation and support by Sven Hlywiak The industrial sector is continually squeezed by unpredictable equipment downtimes, rising transportation costs, demand driven by projects in remote locations and various other logistical factors that are seemingly outside of their control. To help offset these challenges, both material handlers and conveying solution providers…
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GACW talks about cutting costs, reducing waste in OTR rubber tires. by Harmen van Kamp It is a billion-dollar problem: one of the toughest operational challenges for mining companies has long been the cost, safety risks, and environmental burden associated with off-the-road (OTR) rubber tires. Tires, fuel and payroll are the three largest expenses for mining companies. Tires wear out…
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by Joseph P. McGuire, PhD, Emily J. Haas, PhD and Lucas Simpson, M.Ed., GSP Technological development and innovation across the industry show no signs of slowing, bringing to the forefront effective adoption and use. Regardless of the technologies that workers use in the workplace, the basic principles of human-centered design and integration have remained the same: involve workers early and…
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In the early 1900s, horse manure threatened to inundate urban life. That problem wasn’t solved by upgrading the horse, but by shifting to a new mode of urban transport based around the latest technological innovation: the internal combustion engine. Is the mining industry about to go through its own paradigm-shifting experience? by Jonathan Rowland Zero-entry mining represents a radical departure…
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