The credit ratings and research division of the Fitch Group says producers should take advantage of the current environment of lower supply, healthy demand and higher prices.
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Document divides operations into six levels, from zero (entirely manual ) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level and needs.
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Investment will go towards more drilling, orebody studies, infrastructure improvements and permitting activities.
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The supply/demand dynamics benefit Australia’s iron ore miners, according to the latest research by the Macquarie Group.
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Move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
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Currently there are no established global standards defining what a tailings dam is, how to build one and how to care for it after it is decommissioned.
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Saskatchewan potash producers had no input before the surprise provincial budget announcement that they may pay an estimated C$117m more next year.
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The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.
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The collision between the driverless vehicles happened about 11pm on March 16, at the Jimblebar iron ore mine in Western Australia.
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Move is part of an increasing wave of investment by mining and energy groups into technologies that suck carbon dioxide directly from the atmosphere and use it to make synthetic fuel.
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