Underground mining

Torex Gold Establishes New Quarterly Production Record of 138,100 Ounces of Gold

Retrieved on: 
Thursday, October 3, 2019

It is important to note that Muckahi is experimental in nature and has not been tested in an operating mine.

Key Points: 
  • It is important to note that Muckahi is experimental in nature and has not been tested in an operating mine.
  • Drill and blast fundamentals, standards and best practices for underground hard rock mining are applied in the Muckahi, where applicable.
  • The proposed application of a monorail system for underground transportation for mine development and production mining is unique to underground hard rock mining.
  • The Company expects to complete the development and test the concept by the end of 2019 for the mine development and production activities.

Quarterly Update

Retrieved on: 
Thursday, August 29, 2019

As a result, the Company achieved an overall recovery of 65% during the month of August 2019 (compared to design levels of ~72%).

Key Points: 
  • As a result, the Company achieved an overall recovery of 65% during the month of August 2019 (compared to design levels of ~72%).
  • The grade and tonnages from underground mining have shown a strong correlation to the Companys Mineral Resource model.
  • Maintaining the volume of material mined remains under pressure as the Company awaits delivery of its 3rd drill rig and underground loader in Q4 2019.
  • Stoping operations on level 7 are required to commence in Q1 2020 and the decline is advancing towards level 6.

Gatling Drills High-Grade, Near Surface Gold at Cheminis Deposit Including 12.3 g/t Au over 5.0 meters

Retrieved on: 
Wednesday, August 21, 2019

The second drill rig has intersected high-grade, near-surface gold assays containing intervals of 12.3 g/t Au over 5.0 meters including 18.1 g/t over 3.0 meters.

Key Points: 
  • The second drill rig has intersected high-grade, near-surface gold assays containing intervals of 12.3 g/t Au over 5.0 meters including 18.1 g/t over 3.0 meters.
  • The Cheminis mine has over 3,000 meters of development with 6 main levels, multiple stopes and a shaft.
  • All three holes drilled at the Cheminis deposit to date have intersected gold mineralization within the upper 50 meters.
  • The gold bearing units can be traced on surface for over 400 meters along strike within the historical Cheminis mine site.

Underground Mining Equipment Market is Estimated to Grow at a CAGR of 2.4% During the Forecast Period of 2019 to 2029 - Future Market Insights

Retrieved on: 
Monday, August 19, 2019

The study projects that the sales of underground mining equipment of worth ~US$ 14 Bn were recorded in 2018.

Key Points: 
  • The study projects that the sales of underground mining equipment of worth ~US$ 14 Bn were recorded in 2018.
  • FMI's study finds that every 7 out of 10 underground mining equipment sold in 2018 were designated to applications associated with hard rock mining platforms.
  • Leading players in the underground mining equipment landscape are focusing on catering to the thriving need for improved productivity in underground hard rock mines with the launch of next-generation mining equipment.
  • Preview Analysis of Underground Mining Equipment Market is segmented by (Product Type - Mining Loaders, Mining Trucks, Mining Drills, Mining Bolters, Mining Shearer, Continuous Miners, Mining Excavators & Shovels, Mining Scalers & Others; Mining Technique - Soft Rock Mining & Hard Rock Mining; End Users - Mining Operators & Rental Service Provider;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029: https://www.futuremarketinsights.com/reports/underground-mining-equipmen...
    In rough terrains such as the mining industry, constant wear and tear of mining equipment lead to high replacement rates, incurring significant depreciation costs to the end users.

Underground Mining Equipment Market is Estimated to Grow at a CAGR of 2.4% During the Forecast Period of 2019 to 2029 - Future Market Insights

Retrieved on: 
Monday, August 19, 2019

The study projects that the sales of underground mining equipment of worth ~US$ 14 Bn were recorded in 2018.

Key Points: 
  • The study projects that the sales of underground mining equipment of worth ~US$ 14 Bn were recorded in 2018.
  • FMI's study finds that every 7 out of 10 underground mining equipment sold in 2018 were designated to applications associated with hard rock mining platforms.
  • Leading players in the underground mining equipment landscape are focusing on catering to the thriving need for improved productivity in underground hard rock mines with the launch of next-generation mining equipment.
  • Preview Analysis of Underground Mining Equipment Market is segmented by (Product Type - Mining Loaders, Mining Trucks, Mining Drills, Mining Bolters, Mining Shearer, Continuous Miners, Mining Excavators & Shovels, Mining Scalers & Others; Mining Technique - Soft Rock Mining & Hard Rock Mining; End Users - Mining Operators & Rental Service Provider;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029: https://www.futuremarketinsights.com/reports/underground-mining-equipmen...
    In rough terrains such as the mining industry, constant wear and tear of mining equipment lead to high replacement rates, incurring significant depreciation costs to the end users.

Nevada Copper Releases Q2 Financials and MD&A; Underground Project Remains on Schedule to Enter Production in Q4, 2019

Retrieved on: 
Thursday, August 8, 2019

Additionally, the Company confirms that its Pumpkin Hollow underground copper project (the Underground Project) remains on target to commence production in Q4, 2019.

Key Points: 
  • Additionally, the Company confirms that its Pumpkin Hollow underground copper project (the Underground Project) remains on target to commence production in Q4, 2019.
  • Underground Project development proceeding well:
    Total Lateral development to date has now advanced 6,000 feet on both levels.
  • Several mining fronts continue to make progress, including: 3000 central ramp, 2900 geotechnical stope access, 2770 geotechnical stope access, 2770 ventilation raise access and 2770 COB access.
  • Surface infrastructure and processing equipment at the Underground Project advancing to plan:

Mining Compliance Solutions at Longwall USA 2019

Retrieved on: 
Tuesday, May 14, 2019

CONSHOHOCKEN, Pa., May 14, 2019 /PRNewswire/ --In Mining operations, priorities can range from safety to effectiveness and cost-efficiency.

Key Points: 
  • CONSHOHOCKEN, Pa., May 14, 2019 /PRNewswire/ --In Mining operations, priorities can range from safety to effectiveness and cost-efficiency.
  • Most of all, these solutions must be reliable and adaptable to a mine's specific operations.
  • Quaker Chemical Corporation (NYSE: KWR, "Quaker"), a longstanding supplier of longwall and hydraulic fluids, dust suppressants and ground control agents address these challenges with DUSTGRIP dust suppressants, MINETECH ground control agents, and QUINTOLUBRIC 818-02 longwall fluid, which will be highlighted at Longwall USA 2019 ( https://www.longwallusa.com/ ).
  • Headquartered in Conshohocken, Pennsylvania, USA, Quaker serves businesses worldwide with a network of dedicated and experienced professionals whose mission is to make a difference.

Foresight Energy LP Schedules Fourth Quarter and Full Year 2018 Earnings Call

Retrieved on: 
Wednesday, February 13, 2019

A replay of the call will be available on the website for approximately two weeks.

Key Points: 
  • A replay of the call will be available on the website for approximately two weeks.
  • Foresight is a leading producer and marketer of thermal coal controlling nearly 2.1 billion tons of coal reserves in the Illinois Basin.
  • Foresight currently operates two longwall mining complexes with three longwall mining systems (Williamson (one longwall mining system) and Sugar Camp (two longwall mining systems)), one continuous mining operation (Macoupin) and the Sitran river terminal on the Ohio River.
  • Additionally, Foresight has recently resumed continuous miner production at its Hillsboro complex and continues to evaluate potential future mining options.

The global mining equipment market size was valued at $106,853.0 million in 2017, and is expected to reach $188,773.0 million by 2025, growing at a CAGR of 7.2% from 2018 to 2025

Retrieved on: 
Wednesday, January 9, 2019

LONDON, Jan. 9, 2019 /PRNewswire/ -- Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Equipment; Underground Mining Equipment; Mining Drills and Breakers; Crushing, Pulverizing, & Screening Equipment; and Others) and Applications (Metal Mining, Mineral Mining, and Coal Mining): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

Key Points: 
  • LONDON, Jan. 9, 2019 /PRNewswire/ -- Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Equipment; Underground Mining Equipment; Mining Drills and Breakers; Crushing, Pulverizing, & Screening Equipment; and Others) and Applications (Metal Mining, Mineral Mining, and Coal Mining): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
    The global mining equipment market size was valued at $106,853.0 million in 2017, and is expected to reach $188,773.0 million by 2025, growing at a CAGR of 7.2% from 2018 to 2025.
  • Moreover, increasing need for mineral fertilizers to improve agricultural yield is expected to drive the growth of the global mining equipment market.
  • Based on type, the market is categorized into mineral processing equipment; surface mining equipment; underground mining equipment; mining drills & breakers; crushing, pulverizing, & screening equipment, and others.
  • Key Benefits for Mining Equipment Market:
    The report presents an extensive analysis of the current & emerging market trends and dynamics in the global mining equipment market.

Global Underground Mining Equipment (Longwalls & Room and Pillars) Market 2017-2018 & 2023

Retrieved on: 
Thursday, December 20, 2018

The "Underground Mining Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Underground Mining Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
  • The global underground mining equipment market was worth US$ 21.8 Billion in 2017.
  • Major types of underground mining techniques that are used include hard and soft mining.
  • Equipment used for underground mining include overhead loaders, draglines, shovels, haul trucks, front end loaders, gathering-arm loaders, conveyors, etc.