This article is written by Stewart Townsend Have you ever wondered how artificial intelligence (AI) is revolutionizing the mining industry? Through AI-driven solutions, mining companies are unlocking new levels of productivity, efficiency, and safety. By harnessing the power of advanced analytics and machine learning, AI is transforming traditional mining practices and paving the way for […]

Gold prices edged lower on Wednesday, pressured by higher U.S. Treasury yields and a stronger dollar after data suggested the Federal Reserve might slow the pace of rate cuts this year. Spot gold was down 0.2% at $2,645.64 per ounce, as of 0454 GMT. U.S. gold futures fell 0.3% to $2,658.60. “The dollar index bounced […]

Gold prices rose on Tuesday, helped by a weaker U.S. dollar as traders pondered whether President-elect Donald Trump’s tariff plans would be less aggressive while awaiting U.S. jobs data to gauge the Federal Reserve’s interest rate trajectory. Spot gold was up 0.1% at $2,638.09 per ounce, as of 0754 GMT. U.S. gold futures rose 0.1% […]

Introduction Robotics, and hence artificial intelligence, has been widely used in the mining industry in recent years. The automation of tasks is making considerable progress in the mining industry. This extensive use of AI is raising questions in the scientific community, particularly as regards the ethical and operational aspects. In today’s mines, effective decision-making is […]

Introduction Climate change remains a concern for every country on the planet. If we are to achieve our sustainable development objectives, we need to explore and evaluate all the technologies that stand out. Hydrogen (H2)-based technology stands out from the crowd. In this article, we look at the role hydrogen plays in reducing the carbon […]

Gold hit a more than two-week high on Thursday, fuelled by safe-haven buying, while the market took out positions ahead of the Federal Reserve’s rate outlook and the potential impact of President-elect Donald Trump’s proposed trade tariffs. Spot gold rose 1.2% to $2,654.24 an ounce by 02:57 p.m. EST (1957 GMT), hitting its highest since Dec. 16. […]

Gold prices firmed near three-week highs on Friday on a softer U.S. dollar and safe-haven flows, with the metal set for a weekly gain as attention turned to upcoming U.S. economic data and President-elect Donald Trump’s proposed policy changes. Spot gold was up 0.1% at $2,660 per ounce as of 0525 GMT, hitting its highest […]

Overview The name of Eickhoff is synonymous with reliability cast in steel – designed, tested and manufactured in Bochum. From the software, castings and weldments via the heavy-duty gearboxes through to the characteristic honey-yellow paint – the proportion of in-house manufacturing of our continuous miners is worldwide second to none in this product segment. The […]

Mining 4.0 represents a transformative shift in the mining industry, driven by advanced technologies like IoT, AI, and autonomous systems. These innovations promise improved efficiency, safety, and sustainability, but their implementation comes with significant challenges. Addressing these hurdles is critical for mining companies aiming to unlock the full potential of digital transformation. This blog explores […]

Overview The PC2000-11 can load more trucks per shift. Increased engine power, a more efficient hydraulic system and new engine-pump control logic provide faster cycle times and improved multifunction performance. The 45-degree, hydraulically actuated boarding ladder for operators offer better accessibility and stability when boarding. Platforms and handrails make scheduled maintenance easier. High production fuels […]