Technology News Mining News

Canada does not need more oil sands pipelines, report claims

A report by the Centre for International Governance Innovation argues the global push to reduce carbon emissions over the next three decades will reduce the size of future oil markets.

Scientists figure out how to make it rain diamonds

It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus.

How technology is transforming the mining industry

From day-to-day data management to the prevention of fatalities and injury, innovative technology is transforming the way the mining industry operates.

Caterpillar in search of new CFO as Halverson to retire next year

Brad Halverson has spent nearly three decades with the mining and construction equipment maker.

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.

Luxembourg shoots for the stars with fresh space mining deal

The country's ultimate objective is to have its own space mining agency by the end of the year.

Luxembourg becomes first European country to pass space mining law

The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.

Bioremediation: the answer to spillage risks in the petrochemical sector

GK-IT Environmental Services, a South African leader in bioremediation and environmental product manufacture, is diversifying from the mining industry to the petrochemical and oil refinery sector.

Tesla's Musk says Model 3 on track, shares rise

Chief Executive Elon Musk said firm is on track to produce 20,000 per month by December.

US Supreme Court rejects New Mexico’s suit against Colorado over mine spill

Court did not provide details about its decision to dismiss the case; it just said most magistrates opposed hearing the lawsuit.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Power plan to bridge gap between farmers and miners

Remote mining projects in farming areas could soon access baseload electricity from biomass plants powered by straw.

This is KORE Geosystems’ plan to #DisruptMining

The Toronto-based company's solution for data acquisition while drilling received $500K in funding.

New method for cleaning coal could help determine economic viability of coal projects

A new method for cleaning metallurgical coal to verify coal quality for coke making could replace a widely-used chemical-based process leading to a more accurate assessment of the economic viability of coal projects.

Caterpillar soars as first quarter sales jump for first time in over two years

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

This firm may make coal’s future a lot brighter

Australia’s Dotz Nano has found a new use for coal that could be a welcome boost to the dying industry, particularly in the US.

Sandvik OptiMine® visualizes the mining process

Sandvik continues to develop and enhance its advanced automation offerings. Transparency of the mining operation has long been a challenge. Sandvik OptiMine® allows you to compare a mine model with the actual layout of your mine and enables continuous improvement in real time.

How Goldcorp’s new COO plans to disrupt the mining industry

Todd White explains the main goals of the company’s digital transformation strategy.

Caterpillar hires former US Attorney General for help with probe

William P. Barr will help Caterpillar face a federal investigation related to profits earned by CSARL, its Swiss parts subsidiary.

Mining industry leaders meet again at PDAC 2017

For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.

IBM and Goldcorp Team to Bring Watson to the Mines

Use of IBM Watson cognitive technology a first for the Canadian mining industry

CAT shares hammered as feds search offices

Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.

Scientists find new way to extract uranium from seawater

A practical method for extracting the uranium present in the oceans could help make nuclear power a viable part of the quest for a carbon-free energy future, researchers say.

Caterpillar touts automation solutions as top miners swing back to profit

The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.

The world’s largest miner wants more action on carbon capture

BHP Billiton says more help is needed from both governments and industry to promote the adoption of carbon capture and storage (CCS) technology.