martes, 25 de septiembre de 2018

Vale truck fleet at Brazil mine going fully autonomous in 2019

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Iron Ore News Digest
Wednesday 26 September 2018
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Using seven Caterpillar 793F CMD autonomous trucks, the miner was able to transport 26% more ore at Brucutu mine in just a month.

Blockchain technology and the smart contracts it enables are the innovations the mining industry needs to adopt next, a paper published by global law firm White & Case says.

The fresh round of returns follows Rio's promise in August to give shareholders up to $7 billion through dividends and share buybacks.

Polyus.

MINING.com interviewed the Minerals Council of Australia CEO.

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

Finnish mining technology company Outotec will pull out of Iran due to the new U.S. sanctions.

China, the world's biggest consumer of the steelmaking ingredient, has ramped up buying of higher-quality, less polluting grades of iron ore as it battles to clear its notoriously smoggy skies.

Subway expansion plans require 80 million tonnes of steel, a need which arises as Beijing looks to boost economy amid trade war with U.S.

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

Mercuria will spearhead a $650 million investment package in the miner in exchange for the stake under a memorandum of understanding.

The railway line stretches up to 861 km (534 miles) from iron ore mines at Sishen in the Northern Cape to the Saldanha port in the Western Cape.

Iron ore shipments to China from the world's biggest iron ore port totalled 35.5 million tonnes in August, up from July's 32.4 million tonnes.

State-run JSW and Australia's Prairie, which is developing mines in Poland, have been in cooperation talks for much of this year but JSW wants control.

Assore reported a 1.9 percent fall in annual profit on Thursday as a strong rand currency offset favourable commodity prices and higher sales.

Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.

ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.

Developers want to ease up geologists' work.

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