Space mining has been the realm of science fiction, but a handful of firms and governments are pursuing the idea of making it a reality.
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Geologists believe asteroids are packed with iron ore, nickel and precious metals at much higher concentrations than those found on Earth, making up a market valued in the trillions.
The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure.
One of the trucks was traveling at low speed and ran into another that was parked at its Christmas Creek iron ore mine in Australia's Pilbara region.
In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.
Grant supports innovation to cut greenhouse emissions, which the gold miner will do by opening the first underground mine in Canada to replace all diesel mobile equipment with battery electric vehicles.
The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.
The companies will focus on mining exploration on the lunar surface and expect to pre-test later stage activities, such as excavation and infrastructure buildup.
The world’s top diamond producer by value has led industry efforts to both verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be used to finance violence.
Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
The autonomous train, consisting of three locomotives and carrying around 28,000 tonnes of iron ore, travelled from Tom Price mine to the port of Cape Lambert
It depends on how you measure it.
While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.
Driverless trucks at the same iron ore operations already haul over a quarter of both ore and waste material.
The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.
In partnership with the Wits Mining Institute (WMI) at the University of the Witwatersrand, the company launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine).
Company is growing its Virginia facility, which will cover over 251,000 square feet once completed.
Fifteen autonomous trucks will be introduced to West Angelas iron ore mine, in the Pilbara region.
New Afton’s new gravity circuit addition will consist of Gekko's largest InLine Pressure Jig (IPJ) unit - the IPJ3500 – as well as an IPJ2400 and its proven Mag-Screen technology. It will be installed in the existing ball milling circuit.
The miner's autonomous haulage system (AHS) fleet has already moved over one billion tonnes of ore and waste material within the Pilbara region of Western Australia.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.
In the last few years of companies being forced into more cost-saving and efficiency measures have naturally bred innovation.
The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.