The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.
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Market News

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.

Wits, Sibanye-Stillwater join hands to take mining digital

DigiMine1 Wits DigiMine life size mining stope panel

Wits DigiMine life size mining stope panel

DigiMine2 Neal Froneman executive director and CEO Sibanye Stillwater

Neal Froneman executive director and CEO Sibanye-Stillwater

DigiMine3 Prof Fred Cawood Director of the Wits Mining Institute and Coordinator of the Wits DigiMine Project
Prof Fred Cawood -Director of the Wits Mining Institute and Coordinator of the Wits DigiMine Project

Johannesburg - 28 March 2018: In a technology-focused partnership that will help make mines safer and more productive, the Wits Mining Institute (WMI) at the University of the Witwatersrand and leading mining company Sibanye-Stillwater have launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine).

DigiMine is a simulated mining environment in the Chamber of Mines building on the West Campus of Wits University, whose facilities now include a vertical shaft in a stairwell, a tunnel and stope in the basement, and a range of communication and digital systems to enable research that will create the mine of the future.

Implementation of Autonomous Systems

gmsg 2018GMSG is producing an industry-led guideline to share best practices and lessons learned on the road to autonomous mining

Wednesday, March 28, 2018. The way of the future is upon us. Various stages of autonomous mining systems, from mere contemplation to fully driverless and more, permeate the industry. The momentum to autonomy can’t be ignored and requires whole new ways of thinking and planning to meet its challenges. Its popularity is no surprise. Benefits of going autonomous are legion: one major operator reports a 15 percent savings in haul costs; there’s improved safety; reduced maintenance, and more.

BDO’S ENERGY 2020 VISION: THE NEAR FUTURE OF MINING

Driverless technology, deep-sea excavations and mining expeditions on the moon were once just the ideas of sci-fi movies. Today, they’re realities or just around the corner. And by 2020, we expect (most of) them to be the norm. As low commodity prices persist, mining companies are under pressure to reimagine their business models.

Those that have incorporated technology into their operations have seen their revenue streams live on, while those that haven’t have fallen short. Mining is in the early stages of the Fourth Industrial Revolution, or Industry 4.0, and further digitisation is on the horizon. The value of harnessing technology is obvious.

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Other mining news

Mining Weekly | Africa

24 January 2022

The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
  • There’s a buying frenzy in cheap and tiny diamonds
    A surge in diamond demand that began in the early Covid lockdowns is showing no sign of easing, and now even the cheapest, smallest stones are getting caught up in a buying frenzy. Low-end diamonds — the sort that you might find in jewellery displayed in a local WalMart — has been a tough business for most of the last decade. There’s been an oversupply of cheaper stones, which tend to be small and flawed, and anaemic demand growth kept prices depressed and profit margins thin.
  • Eskom warns inflation-linked hike will trigger request for more government support
    State-owned utility Eskom warns that an inflation-linked hike will force it to seek yet more support from the National Treasury, amid overwhelming calls for the energy regulator to reject its request for a 20.5% tariff hike from April 1 and to implement a single-digit increase instead. Stakeholder warnings over the unaffordability of the proposed increase on business and households emerged as the core theme during week-long public hearings, which were hosted by the National Energy Regulator of South Africa (Nersa) from January 17 to 21, culminating in a hybrid event in Gauteng.
  • PTM to buy, cancel $20m convertible notes
    TSX- and NYSE-listed platinum group metals miner Platinum Group Metals (PTM) has entered into privately-negotiated agreements with the beneficial owners of $20-million of  convertible senior subordinated notes due July 1, which it plans to buy and cancel. The notes were originally sold to institutional investors on June 30, 2017.