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ABB is a technology firm focused on achieving a productive and sustainable future. Its automation solutions and electrification knowledge have been utilized in a futuristic project that aims to increase productivity by 50% while generating no carbon dioxide emissions. The global tech company has provided connected operations and control-management systems as well as mobile-operator workplaces … Continue reading “ABB Deploys Automation, Electrification Technologies to Increase Sustainable Underground Mining”

IntelliSense.io recently had an event that centered on a discussion around mining processes and technology and the future of mining. The session included BHP’s head of innovation Cleve Lightfoot, senior VP of Oilfield & Mining solutions Damien Caby; Ippei Akiyoshi of the CVC Mineral Resources Group; and Sam G Bose, CEO and founder of IntelliSense.io. … Continue reading “Industry Experts Advise Mining Firms to Transform, Innovate — or Be Left Behind”

A Forbes article recently reported that, while the price of lithium has been decreasing drastically since 2018 as more and more individuals purchase electric vehicles, lithium stocks may regain some momentum and win big. This is mainly because not many projects are currently making lithium, which the world is in need of. The World Bank … Continue reading “Expected Shortage of Lithium in Mining Industry Prompts New Exploration”

The price of gold dropped from its two-week high as coronavirus vaccines were prepared for introduction to various markets. Gold futures in the United States decreased to $1,853.20 per ounce, a 1.1% decline while Spot gold decreased by the same percentage to $1,848.30 per ounce. The vaccine rollout seems to be affecting the price of … Continue reading “Gold Prices Decline as Coronavirus Vaccination Begins”

With more companies and countries going green, the demand for some metals and other renewable energies is bound to increase. This makes mining an important feature in a low-carbon future. Some of the minerals whose demand may grow include rare earth elements, cobalt and nickel. The executive director of Mining Industry ML Ed Moriarity explains … Continue reading “Push to Low Carbon Emissions May Benefit Mining Firms”

The multibillion-dollar natural resources industry in Utah is thriving, with copper being the most valuable metal extracted in the industry. The Utah Geological Survey (UGS) recently released a report on the state’s mining activities in the last year. Last year’s figures indicate a growth of 2.4%, which equates to more than $90 million. The most … Continue reading “Utah Ranked as One of Top Mining States in Country”

The mining industry as a whole has made great strides with regard to digitizing various mining site operations and processes. This offers mining firms many benefits, including the reduction of operation costs of the mine. These measures also optimize a mine’s major assets, allowing the goals and objectives of a mine to be predicted and … Continue reading “Collaboration May Help Mining Firms Reap Benefits of Digitization”

The national science agency for Australia, the Commonwealth Scientific and Industrial Research Organization (CSIRO) has entered into a collaboration with GTI, a U.S.-based firm that deploys various technology solutions to tackle environmental and energy challenges. The two bodies will be working together to create a carbon dioxide power plant that may help mining entities reach … Continue reading “Supercritical CO2 May Be Answer to Achieving Renewable Energy Targets”

The lockdown resulting from the ongoing pandemic has affected many sectors globally, with the natural resource sectors in various countries experiencing major losses. In Mexico, September figures show signs of improvement as the sector stabilized.  According to Inegi, a statistics agency, activity in Mexico’s mining sector increased by 1.8%,in comparison with August 2019’s activity. Earlier … Continue reading “Mexican Mining Sector Rebounds as Lockdown Eases”

In the heart of Sulawesi, an Indonesian island, is a small mining town by the name of Sorowako. The town is one of the biggest areas for mining nickel in the world, with one firm extracting 5% of the world’s supply of nickel from this one location. Since 2004, Aiyen Tjoa, a lecturer and soil … Continue reading “Phytomining and the Plants That ‘Bleed’ Nickel”