Zimbabwe’s digital currency plan needs $100 million of gold

Mining News Pro - Zimbabwe needs $100 million of gold to kick-start its proposed bullion-backed digital currency, as the southern African nation makes another attempt to stabilize its floundering dollar.

Zimbabwe to introduce gold-backed digital currency

Mining News Pro - Zimbabwe will soon introduce a gold-backed digital currency meant to stabilize the local unit from its continued depreciation against the dollar, state-run Sunday Mail reported, citing central bank governor John Mangudya.

AI & digital twins for mining explained

Mining News Pro - Artificial intelligence (AI) has exploded onto the public stage in 2023, but behind the scenes, many organisations have been quietly trialling and implementing AI for years on a variety of use cases. In mining, AI is becoming a common pilot or trial offering at many tier 1 and 2 miners, but has yet to revolutionise how we operate.

Top 10 digital use cases in mining

Mining News Pro - ABB highlights the digital applications with the best value and user acceptance for the mining industry.

The Necessity of Digitalisation for Mining Energy Transition

Mining News Pro - According to Schneider Electric, companies in the mining sector that adhere to efficient energy use will be crucial in the energy transition process.

Pro-China digital campaign targets mining firms

Mining News Pro - A pro-China propaganda campaign used fake social media accounts to try to stir up opposition, including protests, against mining firms that challenge China’s business interests, US-based cybersecurity firm Mandiant said on Tuesday.

Digitalization in mining is the future

Mining News Pro - As digitalization in mining comes to the forefront, the functions of a connected mine – things like automation, mixed reality, and IoT-driven temperature sensors – will require a purpose-built network that delivers reliability and security.

Top 10 digital use cases in mining

Mining News Pro - ABB highlights the digital applications with the best value and user acceptance for the mining industry

Glencore’s former top copper trader joins digital metal startup

Mining News Pro - Glencore Plc’s former head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup.

Sandvik creates Digital Mining division with Deswik

Mining News Pro - Sandvik has agreed to acquire Deswik for digital mine planning software and announced a new Digital Mining Technologies business area within its Mining and Rock Solutions business.

Digital atlas to boost Queensland mineral exploration

Mining News Pro - Explorers now have access to the latest 3D models and data to help find new economy minerals in Queensland’s Far North with the release of the North East Queensland Mineral Deposit Atlas.

One error companies make during the digital mining transition

Mining News Pro - As the world dashes towards greater digitalisation, the mining industry is setting itself up for increased automation and autonomy in its practices.

Shell, ITOCHU deliver digitalisation and decarbonisation initiative

Mining News Pro - Shell International has started development on decarbonisation and digitalisation pathways for ITOCHU’s global metals and minerals portfolio which includes Australian operations.

AI-enabled digital assistant helping modernize Latin America’s mining industry

Mining News Pro - A digital assistant enabled by artificial intelligence is disrupting some of the traditional ways mining has been done in Latin America

Pilbara Minerals to sell spodumene through digital platform

Mining News Pro - Pilbara Minerals is trialling a sales and trading software platform for battery materials from the Pilgangoora lithium-tantalum project in Western Australia.

Rio Tinto continues digital transformation with Palantir

Mining News Pro - Rio Tinto has inked a multi-year enterprise partnership with data software company Palantir Technologies to create and combine raw data to represent critical mining operations.

Downer, Coates Hire trial digital avoidance barrier

Mining News Pro - Downer has joined forces with Coates Hire and Sitech WA to trial a safety technology that prevents massive machinery entering restricted areas in real time.

MSC is a leading company in digital mining in Iran

Mining News Pro - Aimed at solving technological challenges in reverse pitch event, Steel Digital Transformation Innovation Center of Iran visited the production lines of MSC’s knowledge-based companies.

Miners say Covid-19 has accelerated move to digital

Mining News Pro - The coronavirus lockdown is hastening digitalisation and automation in the mining industry, major firms and their partners said this week, helping to get more work done at remote mines, even if operators are far away. That trend will drive down costs quicker, leading to smaller, cleaner mines where more can be done with fewer people, industry officials said at the IMARC mining conference in the Southeastern Australian city of Melbourne.

Digital transformation drifting in Australia mining

Mining News Pro - A new research report released today by Hatch on the state of digital maturity in Australia’s mining and mineral processing (M&M) industry says digital transformation is key to growth and long-term sustainability, but that digital innovation is in its ‘infancy’.

Digital transformation has potential to unlock billions in mining value

Mining News Pro - South Africa boasts a few pockets of excellence in terms of digital transformation in the mining sector. Much more potential and value can still be unlocked, however, and the coronavirus pandemic could well turn out to be the catalyst for triggering large-scale digitalisation across the domestic industry.

Gold Fields to create digitally connected mine with ABB

Mining News Pro - ABB has partnered with the Enterprise Transformation Partners (ETP) and the University of Western Australia (UWA) to digitalise Gold Fields Australia’s Granny Smith mine in Western Australia

Sandvik’s Digital Driller simulator provides convenient learning

Mining News Pro - Sandvik has updated its operator training simulator Digital Driller to safely train underground drill operators and maintenance teams

IMARC 2020 goes digital to replace Melbourne conference

Mining News Pro - International Mining and Resources Conference (IMARC) 2020 has been postponed due to COVID-19.

Digital Twinning unearths revenue streams

Mining News Pro - Digital technology is paving the way for the mining industry’s next era, and the experts at Digital Twinning Australia are providing companies with the opportunity to unlock a full suite of financial benefits in the virtual world.

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