Research shows that businesses around the world remain concerned about the impacts of energy security and prices, which could be a catalyst for a range of environmental, social and economic ripple effects. According to ABB Electrification’s Energy Insights survey of 2,300 leaders from small and large businesses across a range of sectors, 92% of respondents feel that the continuing instability…
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Industry’s first ‘opt-out’ carbide recycling unveiled by Sandvik
Sandvik has introduced a way operators can be part of the tungsten reuse cycle: via its new opt-out carbide recycling initiative. The recently announced program is designed for customers of carbide drill tips, the key component of which is tungsten. The mineral is expected to run out in the next 40-100 years assuming current consumption rates. “Making tools from recycled…
Read MoreFatigue Science marks adoption milestone for Readi system
Canadian-based technology group Fatigue Science celebrated a milestone in its growth and the acceptance of its predictive fatigue management system in late March: its implementation at 20 major mine sites. The company said the system, which offers increased worker safety as well as improved productivity, can now be found at Newcrest, Minsur, Newmont, Marcobre and Thiess projects, all of which…
Read MoreFluor divests AMECO
Fluor recently announced it has sold off its equipment and fleet service business, AMECO North America, for US$73 million. The buyer was One Equity Partners. Fluor’s divestment in AMECO has been in process for a while; it first announced it would divest the company in September 2019 and went on to sell the AMECO Caribbean business in August 2020. It…
Read MoreDeep-sea mining applications opening in July
Those eyeing the opportunity to mine the ocean’s floor will finally get their chance beginning in July when the United Nations’ International Seabed Authority will reportedly open the floor for applications. According to a Reuters report, the decision comes after the group spent weeks debating standards for the practice, which has arisen amid speculation but also controversy. The practice of…
Read MoreVital Metals halts construction at Saskatoon plant
Vital Metals said it is pausing all construction-related activities at its rare earth processing facility in Saskatoon, Saskatchewan, Canada, as it seeks alternative funding sources and partners. Construction of the full facility, including calcine, hydrometallurgical leaching, purification and rare earth precipitation circuits, is approximately 50% complete. “There is no economic imperative to complete this demonstration project at the current time;…
Read MoreBourchier picked for president, CEO of Mandalay
Canadian-based, global-focused gold miner Mandalay Resources has appointed Frazer Bourchier to lead the company as its new president and CEO, effective April 3. Bourchier, who was also appointed to the Mandalay board, will work closely with current CEO Dominic Duffy to ensure a smooth transition. Outgoing Duffy will remain on the board as a non-executive director. Bourchier has 32 years…
Read MoreSymboticware, Swarm partner on performance management platform
Canadian-based Symboticware and SpaceX subsidiary Swarm have paired to integrate their respective technologies to create an asset performance management platform accessible from anywhere. The platform, based on 4-Sight.ai, Symboticware’s asset performance management platform, will have the capability to transmit over Swarm’s global constellation of low earth orbit (LEO) microsatellites. Swarm will provide its lowest-cost global connectivity for IoT devices via…
Read MoreBarrick Gold to test glycine gold leaching
Barrick Gold has agreed to roll out a global testing and implementation program for specialty chemicals company Draslovka’s proprietary glycine gold leaching product – GlyCat. The technology can potentially unlock substantive savings and generate value for Barrick’s operations while also improving its environmental footprint. Starting at the Bulyanhulu gold mine in Tanzania and several other Barrick operations, largescale test work…
Read MoreBeumer selects Schmidt
Beumer Group’s U.S. subsidiary Beumer Corporation has appointed Markus Schmidt to serve as its president and chief executive officer (CEO) with immediate effect. Schmidt, with 30 years of industry experience and 18 years of executive experience, brings with him expertise in intralogistics automation, market segment-oriented strategy, understanding of the unique challenges facing operations throughout North America and a dedication to…
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