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Market News

Launch of Artificial Intelligence in Mining Working Group

GMGPress Release

Global Mining Guidelines Group (GMG) has launched a new Artificial Intelligence Working Group to help demystify AI and enable the mining industry to harness its many valuable applications.

GMG’s Artificial Intelligence (AI) Working Group launching today (November 8) with a workshop hosted by IBM in Perth, Australia. It is a culmination of several brainstorming and breakout sessions held at GMG events over the past six months. This topic has been met with extensive support from GMG members and industry participants who want an open forum for discussion and growth around AI and to explain its applications and requirements for mining. “The launch of this AI Working Group” says Andrew Scott, GMG Vice-Chair Working Groups and Principal Innovator at Symbiotic Innovations, “is another example of where the industry has raised an issue and GMG has taken up the challenge.”

Mauritanides 2018 posts 30% increase in sponsors & exhibitors with majors BP, ExxonMobil & Shell participating for first time

Press Releasemauritanides

Mauritanides, the largest and only biennial mining and energy conference and exhibition held in Mauritania since 2010, has posted a strong 30% increase in sponsors & exhibitors compared to the previous 2016 edition. With one more month to go, the final number of sponsors & exhibitors is expected to surge to a record 50% increase, making this the most popular edition of Mauritanides to date.
This is testimony both to the attractiveness of Mauritania as a global energy and mining destination and the synergy between the new event organiser Spire Events (Singapore) and the co-organiser Ministry of Petroleum, Energy and Mines, Mauritania.

KSB Pumps for University of Pretoria laboratory

KSB 1

Professor Josua Meyer, Chairman of the School of Engineering and Head of Mechanical and Aeronautical Engineering of the University of Pretoria

KSB Pumps and Valves has assisted the University of Pretoria in the construction of a large controlled-temperature test unit, which will form the backbone of ongoing research into heat transfer, fluid mechanics and thermodynamics.

The impressive unit will allow students to plug directly into hot, moderate or chilled liquids to use on research projects and will shave approximately 50% off students’ overall project build-up time thereby allowing more time to carry out actual research. In addition, it is expected to save considerable costs in future.

Chairman of the School of Engineering and Head of Mechanical and Aeronautical Engineering, Professor Josua Meyer, says the multi-million Rand project was part-funded by the University, with donations from industrial companies like KSB Pumps and Valves for funding, equipment and construction of the system.

Roadmap to interoperability

gmsg 2018How can the mining industry meet the challenges of interoperability? GMSG is building a path forward.

Monday, April 9, 2018. Interoperability is a large, intricate, and complex issue that can inhibit technological advances in the international mining industry. Players hold widely different views and interpretations as to scope, content, application, and end state.

Indeed, GMSG has identified interoperability as a priority industry initiative. So they’ve stepped up with a unique approach to the problem—a universal roadmap. It’s important for the industry.

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Other mining news

Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • Gerald Group unit to suspend iron-ore mining in Sierra Leone
    SL Mining, a subsidiary of US commodity trader Gerald Group, will suspend iron-ore mining operations in Sierra Leone over a dispute with the government about royalty payments, a company letter seen by Reuters showed on Friday. SL Mining filed for arbitration last month in an international court against Sierra Leone's government after authorities imposed a ban in July on exports from the company's Marampa mine.
  • BlueRock sells another high value diamond
    Aim-listed BlueRock Diamonds has sold a 10.6 ct diamond for $103 000. This is the sixth diamond sold for more than $50 000 this year. Together, the six diamonds have generated revenues of $600 000.
  • Hydropedology focus added to water use licence consideration
    Growing awareness around the importance of wetlands is prompting the Department of Water and Sanitation (DWS) to request specialist hydropedological studies from companies applying for water use licences under certain conditions. Hydropedology – the study of the interaction between soils and water – provides insights into interflow processes in the sub-surface area between surface water and groundwater.