To expand its artificial intelligence (AI) capabilities and help customers optimize their mining operations, Komatsu announced its intent to acquire Octodots Analytics, a Chile-based digital solutions provider. The announcement comes as the company debuts its new Modular ecosystem, a bold vision for the future of mine site optimization and data sharing, at MINExpo 2024 in Las Vegas. Building upon Komatsu’s…
Read MoreDSI Underground has officially rebranded as Sandvik, solidifying a unification of the industry’s leading full-service, end-to-end provider of equipment and consumables to underground mining and tunneling. Sandvik announced in December 2020 that it would acquire DSI Underground, and the acquisition was completed in July 2021. Today’s milestone reinforces Sandvik’s ability to drive safety and productivity across the full underground cycle.…
Read MoreAscot Resources has placed its Premier gold mine in northwestern British Columbia on care and maintenance to enable ample mine development. Currently, the number of stoping areas is insufficient for the amount of ore needed to feed the mill adequately. The Canadian miner’s initial estimate is that approximately three to six months of development will be required to be undertaken,…
Read MoreJaisen Kohmuench, Eriez president and CEO, announced the appointment of Todd Loudin as vice president of global sales. In this pivotal role, Loudin will leverage his expertise to drive revenue growth and enhance Eriez’ global market presence. With more than three decades of experience in international business and sales management, Loudin has a proven track record of success. He most…
Read MoreIt’s been 50 years since workers began building heavy construction equipment at a plant in Shippensburg, Pa. Back then, the site was owned by Ingersoll-Rand and employed about 50 people. Today, it’s the North American headquarters of Volvo Construction Equipment and employs more than 650 people. Staff gathered to celebrate the milestone Thursday in conjunction with a visit from the…
Read MoreSibanye-Stillwater – the owner of the only platinum and palladium mines in the U.S. – has plans to lay off 700 employees at its operations in Montana due to declining prices for palladium, reported the Associated Press. The news agency said Sibanye-Stillwater Executive Vice President Kevin Robertson explained in a letter to employees that the price of the precious metal…
Read MoreThe U.S. Department of Defense has announced a $4.22 million award to Rare Earth Salts in Beatrice, Neb., for developing and expanding production of terbium oxide from recycled fluorescent light bulbs. Terbium is an essential element for rare earth magnets in many key defense systems. It makes up less than 1% of the total rare earth content in most deposits.…
Read MoreTsurumi Pump, a pioneering pump manufacturer founded in 1924 in Osaka, Japan, is proud to celebrate its 100th anniversary this year. The company has focused on technical excellence since its inception as an equipment manufacturer, gaining recognition across Asia and expanding to the United States and Europe. In 1979, Tsurumi America Inc. was established, creating a strong network of dealers,…
Read MoreAlabama-based Motion Industries has opened a new repair shop in Houston, Tex., to benefit customers in the state and the region. The new location at 10710 Sharmon Road, will be entirely dedicated to repair and services. Its facilities include CNC and manual machine tools, lifting capacities to 30 tons, and diagnostic and testing equipment within at 75,000-square-foot space. It also…
Read MoreThe Copper Development Association has released a new report, “Copper in the US: Opportunities and Challenges”, that explores opportunities the United States has in sourcing copper, along with the need or a strategy to keep it front and center. The report was commissioned by the Copper Development Association (CDA) and conducted by S&P Global Market Intelligence. The study found that…
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