Caterpillar has introduced an innovative solution designed to address a major challenge in the mining industry’s shift to renewable energy: energy management. The new Cat Dynamic Energy Transfer (DET) system allows for energy transfer to both diesel-electric and...
Bunting has developed three designs of Permanent Crossbelt Overband Magnet (PCB) (PCB), with different magnetic polarity, to suit an ever-expanding range of applications. Overband Magnets are mounted over conveyors to separate ferrous metal from non-magnetic...
Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the US Federal Reserve at its policy meeting this week. Gold prices rose to an all-time high at $2 589.6 an ounce on Monday,...
Sandvik Mining and Rock Solutions has opened its newest Canadian facility, demonstrating the company’s commitment to providing quality customer service and support. Spanning nearly 40,000 square feet, the new facility is located in the Campbell Heights business park...
Mongolia’s coal exports surged 31.3 per cent year-on-year, reaching 53.7 million tons in the first eight months of 2024, according to recent data released by the National Statistics Office. Coal remains a cornerstone of Mongolia’s export sector, accounting for 57.7...
As the world shifts toward cleaner energy sources, the demand for rare earth elements (REEs) is rising rapidly. These metals are essential for producing green technologies like electric vehicles and wind turbines. While REEs aren’t truly rare, large deposits are...
