Rio saves $200m a year using robots, big data
Rio's already cut $1bn fat in the Pilbara–autonomous vehicles and data analytics will save another $200 million a year on maintenance over the next 3 years.
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Big name investors are piling back into commodities
A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.
Chile’s Codelco to cut top positions in response to weak copper prices
Chief executive Nelson Pizarro warned Codelco is ready to “cut costs to the bones,” and revealed the layoff process has already started.
Graphite to 2020 – charging ahead?
Roskill notes that in 2015, existing world demand for graphite in all batteries is estimated to total 125,000t.
Duke Energy, U.S. Gov’t end 15-year-old Clean Air Act litigation
The company still denies the alleged violations, but has agreed to settle the case solely to avoid the costs and uncertainties of continued litigation, it said.
World’s Largest Ventilation Air Methane/Coal Mine Methane Oxidation Project Goes Live
Plymouth, Michigan, September 9, 2015 - Dürr Systems, Inc. Clean Technology Systems (CTS), has completed the installation and commissioning of the world’s largest ventilation air methane/coal mine methane (VAM/CMM) oxidation and utilization project at the Gaohe coal mine.
Nazi ‘gold train’ treasure hunters show alleged picture of found wagons
The Polish military has urged caution in the search for the missing train, especially after a 39-year-old treasure seeker died yesterday when falling into a pit while looking for it.
Eric Sprott: “The powers that be don’t want to admit there’s a problem”
The market is out of step with reality, Eric Sprott tells Tekoa Da Silva in his recent interview.
Gemfields expands outside Africa, targets Latin America emerald assets
The London-listed precious stones miner plans to buy two emerald projects in Colombia.