Market News

Implementation of Autonomous Systems

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Created: Thursday, 29 March 2018 12:02

GMSG 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

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Created: Friday, 23 March 2018 14:36

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.

Anglo American’s renewed partnership with Vuka Marine is a boon for South Africa’s maritime industry

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Created: Friday, 09 March 2018 13:53

Thursday, 08 March 2018 - Anglo American renewed its various ocean freight contracts with Vuka Marine, a joint venture between Via Maritime Holdings of South Africa and Kawasaki Kisen Kaisha Ltd (“K” Line) of Japan. Under these freight contracts, Anglo American transports bulk iron ore and coal products to its customers around the world.

Vuka Marine operates two capesize bulkers—the Cape Enterprise and the Cape Orchid—the first merchant vessels to be registered under the South African flag since 1985. Signalling a clear commitment to youth empowerment, Vuka Marine has committed to deploy and train local cadets on these vessels.

PRESS RELEASE: Excavators ready to boost economy

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Created: Thursday, 08 March 2018 09:27

ELB Equipment is aggressively gearing its excavator offering to meet an anticipated demand upsurge as the economy turns upwards.

“Excavators are at the heart of any construction or mining operation and their availability is pivotal to getting projects off the ground. For this reason, we have brought in extra units, especially 21-tonners, as they are the most commonly used excavators in South Africa. We have also tagged them at competitive prices along with extras and extended-hour warranties to help ensure the success of these new projects.