The world is more connected than ever, and mining technology and service companies are no exception. As they expand their reach globally, they need to follow their clients to new markets, from a copper mine high in the Andes to the icey cold winters of Northern Canada. When exploring new markets, it’s the classic “chicken or egg” dilemma: You want to see success before committing to the expenses of a local operation, but as soon as you start generating revenue, the risk of being classified as a PE increases.
Many of us are hearing comments about the Chilean Presidential Elections but it can be difficult to find a detailed summary in English of the leading candidates platforms. It is still very early in the election process so much could change before November.
Less than one per cent of exploration projects typically progress to establishing a mine. New discoveries are hard to come by and technology will play a huge part in finding new deposits. In order to be successful, the industry continues to innovate, creating new tools, approaches and techniques.
Gold Fields announced in January 2021 that it had formally began construction of the mining infrastructure at the $860m Salares Norte project in the Atacama Region in northern Chile. The project unique circumstances means it will need to deploy high levels of technology making it one of most digitalized mines in Latin America.
In part two of our summary, we will focus on the FutureSmartMining program that Anglo has been working on since 2017. The idea of the FutureSmartMining program is to reduce the environmental footprint from new ways of mining, by using precision mining technologies and data analytics.
We have created a comprehensive summary of Anglo recent technology update for our clients and readers. If you read between the lines, you start to get a clear picture where the industry is going.
Antofagasta Minerals recently published their challenges for 2021 with the purpose of communicating their operational challenges from their various mines with the goal of generating solutions from suppliers.
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