Author: NAM Staff

Fischer Connectors releases ratchet locking system

NAM Staff

The Fischer UltiMate Series, Fischer Connectors’ flagship range for harsh environments, now includes a pre-cabled USB-C connector equipped with the company’s new ratchet locking system (RLS). The connector provides unmatched resistance to vibration and shock, ensuring safe connections for high-speed data transfer under the extreme operating conditions in mining. The RLS’s fastening mechanism uses an asymmetrical tooth profile to securely…

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Fletcher simulator reaches great heights

NAM Staff

Simformotion has released the new Fletcher Simulators High Reach Scaler simulator. The system creates a realistic underground mining environment and features authentic Fletcher controls and machine exercises so operators can learn real-world applications. The simulator provides multiple exercises; a motion system to help operators learn tipping points; and VR, which gives learners greater depth perception while practicing maneuvers and techniques.…

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ABD Solutions, Mining3 partner to expand autonomy collab

NAM Staff

Mining3 has extended its partnership with autonomous vehicle solutions firm ABD Solutions, in what both companies are calling a “significant step” for mining’s path to automation and efficiency. ABD Solutions, which provides end-to-end retrofit technologies that enable the automation of conventional vehicle and equipment fleets, said the pairing will be powered by Mining3’s extensive global mining network. That route, it added,…

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TerraSource Holdings sold to Astec Industries

NAM Staff

Right Lane Industries, a privately-held industrial-holding company focused on “corporate carve-outs and other complex transactions,” said that it has signed an agreement to sell TerraSource Holdings to Astec Industries for a purchase price of $245 million. Right Lane acquired a 51% interest in TerraSource from Hillenbrand in October 2021, and worked to enhance the scale, profitability and competitiveness of the…

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Barrick reveals new name, stock symbol

NAM Staff

Following shareholder approval, Toronto-headquartered Barrick Gold has completed its name change to Barrick Mining Corporation and Société minière Barrick in French. “Barrick’s vision is to be the world’s most valued gold and copper exploration, development and mining company. Along with our world-class portfolio of six Tier-1 gold mines, we are building a substantial copper business which will be a meaningful…

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Sandvik introduces AutoMine Surface Fleet

NAM Staff

Sandvik Mining has rolled out AutoMine Surface Fleet, a new feature that enables operators to manage more than 15 Sandvik surface i-series drill rigs from any connected site location. The new solution delivers unprecedented flexibility while reducing downtime and improving productivity during shift changes. The new advanced FleetFlex functionality enables operators to seamlessly and simultaneously control the transfer of drill…

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Rio Tinto chief to step down

NAM Staff

After four years at the helm, Rio Tinto Chief Executive Jakob Stausholm will be stepping down later this year. The miner said “a rigorous selection process is already underway” to find his successor. “Under Jakob’s leadership, Rio Tinto has restored trust with key stakeholders, aligned our portfolio with the commodities where demand growth is strongest, built a diverse and talented…

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NMA testifies on countering China’s mineral supply chain grip

NAM Staff

National Mining Association EVP and COO Katie Sweeney recently spoke before the U.S. House of Representatives Committee on Energy and Commerce’s Subcommittee on Oversight and Investigations on methods to enhance domestic mineral supply chains. Sweeney, in her testimony, outlined how China has established and continues to maintain such an advantage in the global minerals market. “China’s strong supply chain position…

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Department of Energy designates steelmaking coal ‘critical material’

NAM Staff

In a push to strengthen U.S. energy and manufacturing security, the U.S. Energy Department confirmed the designation of metallurgical coal as a critical material under the Energy Act of 2020. On May 23 U.S. Secretary of Energy Chris Wright said the addition is in line with President Trump’s Executive Order “Reinvigorating America’s Beautiful Clean Coal Industry” and will underscore the…

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