https://newsletter.en.creamermedia.com
Africa|Automotive|Building|Coal|Copper|Engineering|Environment|generation|Health|Innovation|Iron Ore|Mining|Platinum|Resources|Road|Surface|Technology|Underground|Waste|Water|Waste
Africa|Automotive|Building|Coal|Copper|Engineering|Environment|generation|Health|Innovation|Iron Ore|Mining|Platinum|Resources|Road|Surface|Technology|Underground|Waste|Water|Waste
africa|automotive|building|coal|copper|engineering|environment|generation|health|innovation|iron-ore|mining|platinum|resources|road|surface|technology|underground|waste-company|water|waste

Mine modernisation momentum building up unstoppable steam

9th November 2018

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

There is just no stopping the pace of mine modernisation globally. There will be no turning back at the level of mining majors. All of them are seizing on every bit of appropriate technology available to create better mines that present less risk to health, better protect Mother Nature and add to competitiveness.

By this time next year, diversified major Rio Tinto, which used to mine up the road at Palabora Copper and which still mines South Africa’s beaches at Richards Bay Minerals, could have the world’s first intelligent mine in Australia’s iron-ore-rich Pilbara region.

At last month’s International Mining and Resources Conference, in Melbourne, Rio Tinto CEO Jean-Sabastian Jacques, who once worked at Palabora Copper, called for a fundamentally different mining vision that pioneers new thinking, with data and digital technology at the forefront.

Simultaneously, Mining Weekly reported that mining major BHP is planning to introduce electric vehicles in the interests of a healthier underground environment at the large Olympic Dam uranium and copper mine, in South Australia.

A year ago, Anglo American told Mining Weekly that it intended unleashing end-to-end innovation across the length and breadth of global mining.

The belief by the majors that they risk going under if they fail to modernise is quite pervasive, and hanging over their heads is the threat of recycling.

While the thermal coal that is mined is burnt in the process of electricity generation and requires ongoing replacement, most metals do not have that favourable market dynamic.

Platinum, for instance, is never consumed, which means that the recycling of the metal has to be constantly taken into account.

Improved mining at lower cost forms a protection against the competition that recycling presents, which is why platinum mining companies need to use modernisation as a way of coming down the cost curve.

As Anglo American has pointed out, if modern technology can allow for platinum ore to be presorted and presented at a grade of 10 g/t instead of 4 g/t, output can be increased by two-and-a-half times from the exact same capital invested.

The same company has also calculated that waste brought to surface has grown sixteenfold from what it was in 1900. If you look at the copper situation, just to get 40 kg of copper requires double the quantity of water than it did then.

Other industries have developed technologies that can be used in mining, from medical technology to automotive engineering technology.

Data science and information technology can ensure the precise removal of ore without waste. Envisaged is swarm robotic mining that devours ore the same way locusts devour maize and armies of ants go about executing their tasks.

Big-minded mining companies will be prepared to share technology in the interests of making human beings safer and fighting climate change. Small-minded mining companies will keep everything to themselves, as happened in the bad old days.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

 

Showroom

Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.181 0.279s - 173pq - 2rq
Subscribe Now