Mining Blogs

Overview A large gold mine in South America lost excessive time on fueling activities for their fleet. The operation engaged MTS to optimise the use of their Fleet Management System (FMS). The optimised configuration of the FMS helped the operation make significant improvements to its fleet’s fueling processes. Fueling is one of the many processes […]

Shares of rare earths miners rose in morning trade on Thursday after China tightened export controls on metals crucial to the weapons and electronics industries, aiming to limit shipments to overseas defense firms and semiconductor users. The announcement follows U.S. lawmakers’ call for broader bans on the export of chipmaking equipment to China and expands on […]

The rally in European stocks paused on Thursday, with the FTSE 100 dragged down by banking shares, while investors weighed up the risk of a market correction. Wall Street hit fresh record highs in the previous session, as investors bet on gains in technology stocks, despite a U.S. government shutdown leaving traders without some key economic […]

Gold prices held above $4,000 an ounce on Thursday as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate cuts sustained bullish sentiment towards the metal. Silver hit the $50 psychological level for the first time, bolstered by gold’s record-breaking rally, growing investor demand and a supply […]

BENGALURU/BEIJING, October 9 – China on Thursday expanded it export controls over rare earths and related technology in a move to further tighten its grip and dominance on the critical minerals key to the energy transition. Five more medium to heavy rare earth elements – holmium, erbium, thulium, europium and ytterbium – and related material will be […]

Introduction Hedging is a risk management strategy to offset the risk of loss in an existing investment by taking an opposite position in a related asset or derivative, like an option or futures contract. Hedging strategies are essential tools for managing the inherent price volatility in commodity markets. They act as a form of insurance, […]

Introduction The scale of operation significantly impacts unit mining costs, primarily through the principle of economies of scale. In essence, as the size of a mining operation increases, the cost to produce each unit (e.g., a tonne of ore or an ounce of a mineral) tends to decrease. However, this relationship is not limitless and […]

This article was originally written by (Ram Chandar et al., 2022). Concrete is one of the most basic and critical components for any type of construction and plays an important role in building the nation’s infrastructure. Concrete is a composite material which is composed of coarse and fine aggregates embedded in a matrix and bound […]

This article was originally written by (Ram Chandar et al., 2022). Waste rock and mine tailings are extensively used in the backfilling of underground mined out areas; this could help in decreasing the amount of land used for mining activity and reduce the environmental impact (Lu & Cai, 2012). The process of back filling involves […]