Mining Magazine Australia’s Post

🌍Today, we are commemorating Earth Day. As the mining industry worldwide strives for greater sustainability and efficiency, technology's role becomes increasingly crucial. ⚡️In this sneak peek of the new Razor Labs Expert Series, Michael Zolotov discusses the low-hanging fruit of operational improvements that can significantly lower mining equipment's energy consumption. For example, pumps account for a significant portion of global power consumption. At typical mining sites, while mills might draw more power per unit, the sheer number of pumps (often over 100 at a single site) means their cumulative energy use is massive. By ensuring the performance of optimal pumps, the mining industry can prevent energy wastage, which might range from 10% to 25% of the total energy consumed by each pump, significantly reducing the ecological footprint of mining operations. By embracing technologies that offer real-time monitoring and predictive maintenance, we can make substantial strides toward a more sustainable and economically feasible future in mining and other industries. #carbon #emissions #environmentalfootpring #carbonfootprint #smartenergymanagement #mining #miningequipment #miningtechnology #miningnews #ai #conditionmonitoring #performancemonitoring

Michael Zolotov and I recently recorded the first episode of the Razor Labs Expert Series. 🌎 This is just a sneak peek to mark Earth Day, in which we discuss the significant invisible energy drains ⚡ that can be addressed with a new generation of condition monitoring solutions like DataMind AI. #conditionmonitoring #performancemonitoring #pumps #reliabiliy #assetmanagement #energyconsumption #mining #miningtech #miningequipment

🌍Today, we are commemorating Earth Day. As the mining industry worldwide strives for greater sustainability and efficiency, technology's role becomes increasingly crucial. ⚡️In this sneak peek of the new Razor Labs Expert Series, I talk about the low-hanging fruit of operational improvements that can significantly lower mining equipment's energy consumption. For example, pumps account for a significant portion of global power consumption. At typical mining sites, while mills might draw more power per unit, the sheer number of pumps (often over 100 at a single site) means their cumulative energy use is massive. By ensuring the performance of optimal pumps, the mining industry can prevent energy wastage, which might range from 10% to 25% of the total energy consumed by each pump, significantly reducing the ecological footprint of mining operations. By embracing technologies that offer real-time monitoring and predictive maintenance, we can make substantial strides toward a more sustainable and economically feasible future in mining and other industries. #carbon #emissions #environmentalfootpring #carbonfootprint #smartenergymanagement #mining #miningequipment #miningtechnology #miningnews #ai #conditionmonitoring #performancemonitoring

❗New blog alert❗ We had the privilege of chatting with Cole Kehrig, Senior Manager of Automation at Nutrien about the fourth industrial revolution and how it's improving mining safety and efficiency. In our latest blog, we cover what the fourth industrial revolution is, the many technologies it has brought into the minerals industry, and how these technologies are bringing us to new heights of safety and efficiency in mining processes. Read the full story here - https://lnkd.in/eT2k93Zj #NewBlog #Blog #Innovation #Sustainability #Mining #MiningIndustry #Minerals #FutureOfMining #MiningInnovation #MiningSafety #InnovationInMining

The transition to "green" cannot be accomplished without significant investment in mining. Mining must be seen as part of the solution. https://lnkd.in/ghxmDi2p

🌍 **Exploration vs. Mining Budgets: A Strategic Balance for a Green Future** 🌍 When it comes to budgeting in the mining industry, there's a clear distinction between exploration and mining budgets. Mining budgets are often seen as a safer bet, offering a 100% guarantee of profit once operations begin. This assurance naturally drives higher investment, leading to ever-increasing mining budgets. On the other hand, exploration budgets tell a different story. Exploration is inherently risky; the success rate can vary dramatically, from nearly zero in some cases to very high in favorable scenarios, such as iron ore (Fe). This uncertainty often leads to cautious investment, resulting in lower exploration budgets. However, as the world shifts from fossil fuels to green energy, this approach needs a rethink. 🌱 The transition to renewable energy sources requires the discovery of new mineral deposits essential for technologies like electric vehicles and solar panels. Without a significant increase in exploration budgets worldwide, we risk falling short of the raw materials needed to power a sustainable future. Investing in exploration today is an investment in tomorrow's green energy transition. Let's strike a balance between guaranteed profits and the potential for groundbreaking discoveries that will drive the global economy forward. 🌍🔋💼 #Mining #Exploration #GreenEnergy #Sustainability #Investment #FutureForward #CopperProcessing #MiningIndustry #MineralProcessing #Hydrometallurgy #Pyrometallurgy #Sustainability #MiningTechnology #Metallurgy #CopperMining #OxideOres #SulfideOres #Leaching #Flotation #GlobalEconomy #ResourceOptimization #EngineeringExcellence #Manufacturing #MineralResources #InnovationInMining #EnergyEfficiency #MetalProduction #CopperCathodes #MineralProcessing #GreenEnergy #ColumnFlotation #SustainableMining #EnergyEfficiency #EnvironmentalImpact #MiningInnovation #FutureOfMining #MineralProcessing #SkillsDevelopment #LaboratorySkills #Metallurgy #MetallurgicalTraining #ProcessingExperts #ProcessIndustry #ProcessingEfficiency #ProfessionalDevelopment #SiteSpecificTraining

But Seeyar... why the mining industry? The Vital Role of the Mining Industry ⛏️🌍 Think about it - the device you're using to read this post, the roads you travel on, the components powering our technology and the materials that build our homes - all owe their existence to the resources extracted from mining. Whether it's metals like copper and aluminum, minerals like iron ore, or rare earth elements essential for electronics, mining fuels progress and innovation across every sector. But the importance of mining extends beyond mere resource extraction. Mining plays a critical role in enabling the transition to a sustainable future. From renewable energy technologies like solar panels and wind turbines to electric vehicles and energy storage solutions, the raw materials extracted from mines are essential building blocks of the green economy. At Innolidix we recognize the vital importance of the mining industry and the need to ensure sustainable processes for generations to come. Through AI and innovation, we're committed to driving positive change and shaping a more responsible and resilient mining sector. 💡 #ai #innolidix #sustainability #mining #innovation

The Decarbonized Mine: From Strategy to Reality Today I watched this webinar from ENGIE Impact and here are 5 notes. 1. The mining and metal sectors corresponds to 4% to 7% of the total world GHG emissions. 2. Mining and Processing corresponds to only around 16% of the total cicle emissions of the mining industry. 3. From the emissions in mining and Processing operations, around 35% are come from Mobility and machine. This explains why replacing these equipment fuel for greener ones is given so much attention. Electricity is another huge font of emissions, with around 40% participation. 4. Engie impact has already done it's homework on the TRL (Total Readiness Level), Emisions abatement and Cost of Ownership for several technologies comercially avaiable. 5. It is necessary to acurrately determine the trade-off. Since capital is limited, ach dollar invested in a technology must return the highest amount of CO2 abatement. watch the full webinar here https://lnkd.in/db_9WVpn .

The mining industry is driving towards decarbonization through electrification. But due to the vast scale of energy use in mining, the industry also needs to become operationally more energy efficient. For insight into this topic, check out Global Mining Review's January/February issue, (https://lnkd.in/gue39fyx) where CanmetMINING examines the Railveyor System at Agnico Eagle Goldex. Their study compared the Goldex Railveyor system's projected energy usage against the measured totals, validating the claim that Railveyor offers a highly energy-efficient material haulage solution. Learn how Railveyor is leading the way towards a greener mining future - available today. #Mining #Innovation #Decarbonization 🌍🛤️💡

Introducing the Hays Mining Industry Report Australia FY24/25! This report explores the challenges and opportunities that lie ahead for Australia’s thriving mining sector. We review the past 12 months and then look forward to the next 12 months across both coal mining and hard rock/metals/minerals. It also deep dives into the longer mining landscape over the next 3 to 5 years. The report explores:  - The opportunities for the mining industry as the world works towards net-zero targets - How to upscale in an era of skills shortages - Which mining roles are currently most in demand - The future roles that will be transferrable, and the new skills needed for a renewable future #mining #hays #workingforyourtomorrow