Rio Tinto and Sumitomo Metal Mining (SMM) have signed a Term Sheet for a Joint Venture to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. Under the Term Sheet, which includes exclusivity obligations ...
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Virtual reality: a revolution in mining
Introduction Technological development has taken off in leaps and bounds in recent years, and the many innovations are proof of this. Technological progress is an important criterion for global economic development (Strzałkowski et al., 2024). Mining companies aware of the ...
What is bio mining?
Introduction Biomining is the process of using microorganisms (microbes) to extract metals of economic interest from rock ores or mine waste. Biomining techniques may also be used to clean up sites that have been polluted with metals. Valuable metals are commonly bound ...
Gold prices subdued as traders brace for US payrolls data
Gold prices were subdued on Thursday as investors remained cautious ahead of U.S. payrolls data that could provide more insights into the Federal Reserve’s monetary policy path. Spot gold edged 0.1% lower at $2,648.02 per ounce by 0726 GMT. U.S. ...
In the era of digital twins
Introduction The weaknesses of conventional simulations and ever-increasing capabilities offered by technological trends have compressed the spring of the surface mining industry for a giant leap towards Mining 4.0. Dynamicity and autonomy are two features that ordinary simulation models fail to address. ...