The Elements of Innovation Discovered
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Looking to put some order into the modern mine, Hivekit Inc. has released an operations management system for the mining and metals industry, providing a cloud-based platform able to track individuals, vehicles, equipment, and other data sources– replicated as a three-dimensional digital twin – allowing management in the virtual before taking it to reality. Founded in 2023, Hivekit is the result of five years of research and development into creating a new way of...
Buys a rock quarry in Finland to test next-gen surface drilling tech in a real-world mine environment. To further support its endeavors to develop the next generation of electrified and autonomous mining equipment, Sandvik has acquired an open pit mine site in Finland to ready new drilling technologies for real-world applications. "Testing is a major part of our R&D cycle. This new test mine will help us shorten time to market and verify even more swiftly that we're...
$2.1M awarded to three companies advancing tech for more sustainable, productive mining The Greater Sudbury region of Ontario is so enriched with deposits containing nickel and other metals needed for the clean energy transition that one of the area's parliamentary districts is named Nickel Belt. Looking to also be an epicenter of sustainable mining technologies, Marc Serré, member of parliament for Nickel Belt, and Viviane Lapointe, member of parliament for the neighboring...
Established in 1891, Hecla Mining Company has survived two global pandemics, two World Wars, the Great Depression, and numerous crests and troughs of a cyclical metals market that has sunk many of the silver miner's contemporaries over the past 130 years. One of the reasons for this long-lived success is a readiness to adapt to change and the vision to adopt new technologies that maximize safety, improve efficiency, and reduce the environmental footprint of its operations in...
Best known for the brawn of the enormous earthmoving machines it manufactures for mining operations around the globe, Caterpillar Inc. showcased its brainy side during the Consumer Electronics Show (CES) 2021 held from Jan. 11 to Jan. 14. "People may ask why a manufacturing company like Caterpillar has decided to participate in CES," said Denise Johnson, president of the Caterpillar resource industries group. "The real question is 'why not?' We're proud of our reputation for...
I-ROX tech utilizes micro electrical bursts to pulverize at lower costs and less energy than traditional milling. Could microbursts of electricity be used to discover hidden mineral deposits, drill down into those discoveries for sampling, and then pulverize rock in the discovered deposits to extract the minerals contained within? BHP believes it is possible and is collaborating with I-Pulse Inc. to advance pulsed-power technology for mining. BHP is particularly interested in...
PNNL to verify G1 Graphite material for EV batteries; Sandia to explore innovative green tech to extract critical minerals. Toward its goal of establishing an all-American supply chain for the graphite that goes into the lithium-ion batteries powering the transition to electric vehicles charged with low-carbon energy, Graphite One Inc. is working with two U.S. Department of Energy national laboratories for the testing of active anode material made from graphite sourced from...
OZ Minerals, Rio Tinto and Boliden launch initiative that encourages entrepreneurs to reimagine mining and mine tailings. Setting aside professional rivalries for the greater good, OZ Minerals, Boliden, and Rio Tinto have joined forces to nurture new technologies that will reduce the environmental risks posed by mine tailings and extract value from these materials currently considered waste after the targeted metals are extracted. "It isn't very often that competitors come...
Immersive Technologies, one of the world's largest, proven and tested suppliers of surface and underground advanced mining equipment simulators, and Hitachi Construction Machinery Co. have extended their longstanding relationship. The exclusive technical license agreement between the two companies provides a framework for Immersive Technologies and Hitachi to further collaborate in the development of simulator equipment solutions to meet mining industry demand and...
As a part of their commitment to lowering carbon emissions, many global mining companies would like to transform their large haul trucks from diesel to electric. This transition, however, has one big hurdle – the time it takes to charge up these enormous earthmovers takes away from productivity or requires mining operations to buy more of these multi-million dollar electric trucks to do the same work as their diesel counterparts. To find solutions to this dilemma, three of...
Mining companies, equipment manufacturers, engineering firms, tech companies, and universities have come together under a European Union-funded program aimed at developing new technologies, methods, and processes to increase the efficiency and sustainability of global mining operations. This three-year project known as Next-Generation Carbon-Neutral Pilots for Smart Intelligent Mining Systems, or NEXGEN SIMS, is building upon the successful sustainable mining operations...
A collaboration between Prospector, an emerging company that is elevating mining sector investment into the digital age, and TMX Datalinx, the information services division of TMX Group, will offer investors a one-stop shop for digging deeper into more than 1,100 mining and mineral exploration companies listed on Canada's Toronto Stock Exchange (TSX) and Toronto Venture Exchange (TSX-V). The brainchild of Emily King, a geologist and visionary with extensive mining industry...
Shell and IBM have joined forces to create Oren, a global business-to-business digital mining services marketplace platform aimed at helping companies find solutions related to mine safety, sustainability, planning, and operational efficiency. The incorporation of artificial intelligence, blockchain, autonomous mining equipment, ore sorting, predictive maintenance, drones, and remote health and safety monitoring technologies have been increasingly adopted by the mining sector...
Axora, a new cross-industry innovation hub providing a global marketplace of digital solutions, has launched an online resource center aimed at helping mining companies rebound from and thrive after the COVID-19 pandemic. This "Smart Mining" resource center provides the latest industry insights and access to digital solutions and technologies which mining companies can adopt to accelerate their business growth, reduce wasted investment, and avoid duplication. "The downtime cau...
A global mining expert and entrepreneur has teamed up with a Boston-based tech firm that specializes in using machine learning to optimize market research to create Prospector, a new company and online platform that brings mining sector investment into the digital age. Considered "the Zillow for the mining industry," Prospector uses artificial intelligence to streamline and simplify the complex geological, engineering and financial data in mining and mineral exploration techni...
Australia, which already sits at the cutting edge of mining innovation, is investing heavily into ensuring Aussie miners remain on the cusp of emerging technologies that make the sector more efficient, sustainable and safer. Toward this goal, the Australian government and private sector partners are investing more than A$27 million in mining technologies, training and research. This includes A$12.5 million in funding, from the Australian government and industry organizations,...
With its sights set on supporting North and South America's mining sectors with a growing line of equipment and technological innovations, Hitachi has broken ties with John Deere and launched Hitachi Construction Machinery Americas Inc. Hitachi and Deere have been working together since the 1960s and officially forged a partnership to build and distribute excavators in the United States during 1988. This joint venture, which brought together Hitachi Construction Machinery's...
Copper State Bolt & Nut Co.'s revolutionary BoltSense family of services and products offers a vital piece in the cog that keeps the mining wheels turning – fasteners. Copper State Bolt & Nut is one of the few companies that provide innovative solutions to this small yet vital element to all industrial work. Based out of its namesake, Arizona, Copper State has been providing fasteners since its inception in 1972. Yet, it was not long until it moved into the industry...
Microsoft believes technologies hold the key to a thriving global mining industry and is showcasing how its digital solutions can transform this crucial sector of the South Africa economy. "Mining is a critical industry in South Africa, and has historically been a major contributor to the country's GDP (gross domestic product), tax revenue and employment – last year alone, the mining sector employed over 450,000 people, contributed 24.3 billion Rand (US$1.5 billion) in taxes...
The world's foremost mill relining company, Kaltech International, has reinvented the painstaking yet necessary task of mill relining with innovations that lessen downtime, improve safety and increase profitability. Kaltech Sentinel, the company's latest line of state-of-the-art mill relining products, includes smart bolts and sturdy cameras that provide an unprecedented look inside an operating mill. "Producing products that will benefit the mining industry is a goal of...