Image credit: Gerd Altmann (Pixabay)
(raconteur.net) - Mining is a traditionally analogue business. After all, the industry’s symbol worldwide is a hammer and pick. Yet, despite the sector’s antiquated reputation, some major mining companies are taking a progressive stance and proving digitisation and automation can achieve much better operational outcomes. Known as Mine 4.0, the industry is seeing digital transformation creep into everything from trucks, drills and trains to back-office processes, such as procurement and supply chain logistics.
News
Anjin ‘grabs most lucrative diamond claim’ in Marange – report
Anjin Investments has allegedly taken control of the most lucrative diamond claim in Marange from the state-owned Zimbabwe Consolidated Diamond Company (ZCDC). Anjin is a joint venture between China’s Anhui Foreign Economic Construction Company...
Today
Geneva court finds Israeli tycoon Steinmetz guilty sentencing to 5 years in jail
Israeli mining tycoon Beny Steinmetz was found guilty of bribing Guinea officials close to former president Lansana Conte, to give him access to an iron-ore mine for a mere US$200m, now valued at US$5bnb, a Geneva judge ruled, sentencing Steinmetz to...
Today
Geological exploration going on at Luaxe in Angola
Guided by Decree 192-A / 20 issued by the President of Angola on 23 July 2020, the local executive authorities gave their permission to go on with exploration work at the Luaxe Diamond Field to increase government revenues, create jobs and promote national...
Yesterday
Diamond industry, prices continue to strengthen – Lucapa
Lucapa Diamond, which mines in Angola and Lesotho, says the consumption and strong demand that saw the diamond industry begin its recovery in the third quarter of 2020 and during the festive period, has continued into 2021.
Yesterday
Botswana Diamonds raises £363k to fund exploration activities
Botswana Diamonds arranged a placing with existing and new investors to raise £363,000 through the issue of 60,5 million new ordinary shares for 0.6p each.
Yesterday