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In a move to further its contribution to the digitization and digitalization of the mining industry, Epiroc plans to acquire Canada-based Meglab, a company that specializes in providing electrification infrastructure solutions to mines. "Epiroc is proud to be the leader in providing battery-electric vehicles for the mining industry, improving customers' work environment and lowering their emissions while increasing their productivity," said Epiroc President and CEO Helena...
Epiroc Canada, a subsidiary of the Sweden-based Epiroc, has signed a definitive agreement to acquire the software company MineRP for increased mine productivity. As part of the agreement, Canada's Dundee Precious Metals and other shareholders will sell 100% of MineRP to Epiroc Canada, to become part of the European mining equipment company's technology and digital division. Dundee will receive nearly US$40 million from the sale, representing its stake in MineRP, with...
Instead of brick by brick, X-MAT, the advanced materials division of Semplastics, is looking to build homes lump by lump with coal, and with a recent approval of funding by the Department of Energy to build a test house, this may become a new contemporary material of future homes. Earlier this month, X-MAT received a $625,000 contract from the U.S. Department of Energy's National Energy Technology Laboratory to create coal-derived building materials in the construction of a...
Internet of things-enabled hardhats that turn on ventilation in a section of an underground mine before workers approach, alert a miner not to enter a hazardous exclusion zone, or lets an underground truck driver know there is an unexpected person or piece of equipment along his path, can make underground mines safer and more efficient. Inpixon, which already offers location awareness solutions that make indoor spaces smarter and safer, is now positioned to provide this type...
Towards its strategic transformation into a premium mining technology products and services company, Weir Group PLC Oct. 5 announced it is selling its entire oil and gas division to Caterpillar Inc. for US$405 million in cash. Combined with its sale of its downstream oil and gas division in 2019, the Caterpillar transaction will complete Weir's strategic exit from the petroleum sector. "We are pleased to have reached this agreement that delivers a great home for the oil & gas...
If you have ever gone jewelry shopping, one of the first things that you notice when you pick up a gold ring or necklace, is its weight. Your brain is tuned to gravity and the weight of gold is noticeable, after all, it is nearly nineteen times heavier than water. Over the last decade, researchers have been looking for a way to make gold "lighter" in order to create lighter devices that often use gold in their circuitry. About five years ago, researches in Switzerland struck... Full story
Mining companies around the globe are coming under increasing pressure to ensure and demonstrate that their tailings storage facilities are stable and do not pose a threat to the environment and people nearby. Cloud-based monitoring has the potential to provide more effective management and greater transparency of the status of these tailings storage facilities. Tailings storage facilities are used to store the finely crushed rock left behind after a mining operation has...
Newlab LLC, in collaboration with the Vimson Group, presented their Transformative Technology Applied to Mining event during an April 28 webinar showcasing Prospect Mining Studio. This partnership represents a cohort of startup companies that leverages the power of frontier technology to help the mining industry become safer and more sustainable through innovations across multiple fields of study. Founded in 2006, Newlab serves as a hardware-focused shared workspace, research...