TECHNOLOGY Fri 22/08/2008

Selling the sizzle

July 28 - August 3, 2008

AUTOMATION is one of mining’s new buzzwords. Remote control, though, is shaping as the real industry step-change. One is the sizzle, the other the sausage.

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And then there were four

July 21 - 27, 2008

APPARENTLY Caterpillar didn’t drop the surface mine automation ball a decade ago. That was the message this week from the mining equipment giant, which announced it was teaming with BHP Billiton to develop an autonomous haulage system.

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Ship comes in for software firm

July 21 - 27, 2008

PRIVATELY owned mining supply companies with an aversion to the “vagaries of the share market”, as an owner once put it to me, could find some inspiration in a Newcastle microcap currently riding a market updraft. The mining software firm, and its investors, have waited seven years for take-off.

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Technology not yet on the map

June 23 - 29, 2008

THE value and potential of Australia’s mining technology and services sector is highly regarded in resources-rich Chile, where the government is trying to foster a similar culture of innovation. But it is still not adequately recognised at home. In the midst of Australia’s greatest ever mining boom, there is growing concern that an opportunity to discover and develop new technologies and ideas that could make the country a mining services powerhouse is being lost.

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Freeport vs Rio in robotic drill race

June 23 - 29, 2008

“IT’S absolutely a differentiator between us and the other mob”, a Rio Tinto spokesman told HighGrade this week in a discussion about the company’s mine automation plans. Presumably BHP Billiton is the other mob. But it is Freeport McMoRan, which inherited Phelps Dodge’s high calibre mining technology group in Arizona in its 2007 takeover of the copper and molybdenum miner, that has skipped clear of Rio Tinto in one leg of the much publicised (of late) mine automation race.

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Dynamic Runge

June 2 - 8, 2008

CONSULTING and technology firm Runge’s Mining Dynamics enterprise resource planning (ERP) offering could be a “company maker”, according to recent float underwriter Wilson HTM, which is also a significant shareholder. The Brisbane-based stockbroker says Runge could foreseeably double in size in as little as 12 months on the back of strong market acceptance of the product.

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Climbing costs hit recycling

June 2 - 8, 2008

METAL recycling might be big business – and getting bigger – but commodity prices are going to need to rise further to spark more concerted efforts to recover minerals from discarded tailings and other waste, according to Intec managing director Philip Wood.

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Automation ... we're already doing it

May 26 - June 1, 2008

IS the Beltana-type longwall mining system the most advanced automated mining system in use today?

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Automatic choices should be scrutinised

May 19 - 25, 2008

A LEADING supplier of remote control technology that companies such as Rio Tinto are embracing to centralise mine control operations in regional population hubs has challenged mining companies to more clearly outline the economic drivers behind efforts to automate equipment and control it remotely so that more rapid progress can be made.

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Flying Fox opts for entry-level reporting

May 19 - 25, 2008

WESTERN Areas has put in place what looks like a low-tech platform for future development of a more sophisticated mine production accounting system at its Flying Fox nickel mine in Western Australia.

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PE to pull plug on transparency

May 12 - 18, 2008

A LEADING US-based business software research group has expressed some reservations about the $C180 million private equity bid for leading mining software company Gemcom Software International, which it describes as private equity’s “second foray into mining software”. Meanwhile, an analyst with another firm has professed misgivings about the first.

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Gemcom in PE spotlight

May 5 - 11, 2008

A LONGER term and perhaps more educated view of potential growth in some sections of the mining information technology market is evident in the $C180 million offer for Vancouver-headquartered Gemcom Software International Inc by private equity groups JMI Equity and The Carlyle Group.

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Wheel turns for IT movers

April 21 - 27, 2008

AN EXPERIENCED Australian mining chief has supported a view that multi-million-dollar mine information management systems will become de rigueur in the industry over the next few years, due to increasing pressure to maximise production efficiency. The trend could transform the mining IT sector.

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Hochschild buys more Australian equipment

March 31 - April 6, 2008

AIM-LISTED silver and gold producer Hochschild Mining plc expects to commission five new InLine Reach Reactors at its Ares mine in Peru by October this year, making it the largest intensive leach operation in the world.

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Crumbs aid safer stoping

March 24 - 30, 2008

THE Beaconsfield gold mine in Tasmania continues to be an adopter of new technology as it seeks to re-establish its safety credentials in the wake of the April 2006 mine collapse that killed underground worker Larry Knight.

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Down-under pressure to ease: Cat

March 3 - 9, 2008

CATERPILLAR has moved to ease some of the pressures on its underground equipment plant in Burnie, Tasmania, and also take advantage of growing demand for LHDs in Latin America, with the opening up of a dedicated loader assembly line at its plant near Piracicaba, São Paulo, in Brazil.

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Joy grows third business leg

February 25 - March 2, 2008

THE WORLD’S biggest public listed manufacturer and supplier of mining equipment has positioned itself to make a wider assault on a changing global market with the creation of a third business arm focused on supplying crushing and conveying systems.

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Canadian dollar slows Gemcom growth

February 11 - 17, 2008

THE Canadian mining software company Gemcom Software International has recorded a further surge in revenues despite the negative impact of a stronger Canadian dollar on its results, with December quarter revenue of $C13.5 million keeping it on track to post its first $C50 million sales year.

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Orica tests new ground

February 4 - 10, 2008

ORICA has armed itself to compete strongly in most of the world’s main growth markets for underground mine consumables – principally rock fragmentation and stabilisation products – but still has work to do in Latin America and Africa. The company has ruled out M&A to add drilling to its mining services offering.

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Software gets tick for mining

February 4 - 10, 2008

AN analyst with a leading US-based business software research group has given Canadian-based Gemcom Software International a gold-star rating in its latest review of the global “manufacturing” operations management software market, one of only two in an appraisal of 19 vendors including giants such as SAP, Oracle, Siemens, ABB and Honeywell.

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New drivers for automated machines

January 28 - February 3, 2008

VIEWS in the mining industry on the value of automated production equipment have changed drastically in the past 15-20 years, according to a leading researcher at the University of Queensland, who has also described Rio Tinto’s claim to be three years ahead of rivals in the automation stakes as a “pretty bold statement”.

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BHPB may regain technology edge

January 21 - 27, 2008

BHP BILLITON will regain an important competitive advantage it ceded to rival Rio Tinto last year if it makes and then succeeds with its much anticipated takeover bid. A more aggressive Rio Tinto signed an agreement with Australia’s world-leading field robotics centre in Sydney last July, shutting the slower-moving BHPB out of cutting edge mining automation research and development.

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Test of strength could improve safety

January 14 - 20, 2008

A FATALITY at a South African mine 13 years ago, where “shotcrete pioneer” Wouter Hartman was working, had a profound effect on the rock engineer. Found to be caused by a combination of shear and tensile failure on a relatively thin layer of shotcrete, the incident influenced Hartman’s ambition to improve knowledge and reduce risks of mine re-entry after application of the concrete barrier.

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Continental to grow on Joy structure

January 14 - 20, 2008

JOY GLOBAL expects revenue expansion gains to quickly overshadow cost synergy benefits identified in its $US270 million acquisition of mine conveyor equipment manufacturer Continental Global Inc, which had a quiet year on the revenue growth front in 2007.

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Mining's new tech boom

December 17 - 23, 2007

An unprecedented mining investment boom has reinvigorated old mines, old companies and some veteran mining heads. It has also put wind in the sails of the mining technology sector.

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Pilbara revisits big Rigs

December 17 - 23, 2007

A NEW generation of Pilbara iron ore miners is helping to reinforce a Terex Mining regional stronghold, three decades after major sales to Hamersley Iron put the Terex Unit Rig truck name on the map in Australia.

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Software to make life easier

December 17 - 23, 2007

AUSTRALIAN exploration and mining software developer Micromine claims users can achieve operational productivity improvements of up to 15% with new versions of its flagship MICROMINE and GBIS data management tools.

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Japan to dominate excavator supply

December 10 - 16, 2007

KOMATSU Australia is expected to mount a more concerted attack on the Australian 400-tonne hydraulic excavator market when the first machines from a new factory in Japan make their way Down Under, probably late in 2009.

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Firm out to eclipse rivals

November 26 - December 2, 2007

AUSTRALIAN listed IT group UXC Ltd believes it can capture up to 40% of the Australian mining financial reporting software market via its fast-growing Eclipse Computing Australia business unit, which is also targeting offshore mining-sector expansion.

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Simulator designer heads for $A50M sales

November 26 - December 2, 2007

IT MIGHT not be the real thing, but simulator training in the mining industry has become a serious business with Rio Tinto, BHP Billiton, Thiess, Freeport-Phelps Dodge and Anglo Coal among the big-name converts. An Australian simulator developer claims to be doubling sales every two years on the back of the increasing demand and its unique alliances with the world’s biggest mining equipment makers.

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Highwall access

November 12 - 18, 2007

TEREX Corporation sees compelling logic in a $US140 million cash acquisition of an American highwall machinery maker with global expansion prospects despite the current narrowness of the niche market.

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Cat creates technology arm, appoints VP

November 5 - 11, 2007

GWENNE Henricks, a 26-year Caterpillar veteran, has been chosen to head the company’s new Electronics & Connected Worksites Division. She will take up the role on December 1.

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Cat systems go to Rio

October 22 - 28, 2007

THE WORLD’S biggest mining equipment supplier and second biggest miner have struck a new three-year deal on technology supply and support covering more than 30 openpit operations in the USA, Australia, Canada and Namibia. HighGrade was told neither party would disclose the likely value of the sales.

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Big deal

October 22 - 28, 2007

JOY Mining Machinery, the underground coal equipment arm of big listed US mining manufacturing group Joy Global Inc, this week trumpeted the delivery of its largest and most powerful longwall shearer to Shenhua in China. But converting the language on a colour graphic display on the machine a “major breakthrough” by Joy? Something must have got lost in the translation.

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Uranium PFN tools to straighten search

October 15 - 21, 2007

THIRD generation Prompt Fission Neutron (PFN) exploration tools have begun arriving in South Australia, with five of the heralded sedimentary uranium exploration tools expected to be available for companies to hire from mid-to-late November.

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Russia move bears fruit for Mincom

October 8 - 14, 2007

RESOURCE-rich, progressive and open to new mining technology; respectful of international intellectual property protection laws, and excellent payers. Forget the typecasting, says Mincom’s Eurasia president Allen Vaughn. Welcome to Siberia.

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New production route for Haulmax

September 24 - 30, 2007

ONE OF three major global centres of underground mine equipment production could also become a surface mine machinery and technology hub over the next five years, cementing the status of an otherwise sleepy town on Tasmania’s northern coast as Australia’s premier mining manufacturing location.

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Caterpillar test drives engine

September 24 - 30, 2007

THE DRIVING force behind a new generation of large Caterpillar mining trucks is undergoing testing in a unique, state-of-the-art technology centre in Illinois, USA, underlining the company’s investment in the development of equipment likely to hit the global market next year.

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Data mining still dated

September 17 - 23, 2007

THE mining industry in countries such as Australia, Canada and South Africa is often described as technology-intensive but it doesn’t mean operators are getting high returns on their technology investments, as suppliers of mining execution systems will attest.

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Gemcom offers new InSite

September 17 - 23, 2007

THE CANADIAN-listed mining software company Gemcom has introduced a multilingual and multi-site tracking version of its InSite mine performance management product.

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Industrea enters Russian coal market

September 10 - 16, 2007

AUSTRALIAN coal-mining services group Industrea Ltd has made a low-key but – according to chief executive Robin Levison – significant entry into the Russian market, which it is targeting along with China, India and South America for growth outside its domestic market.

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New truck surfaces

September 3 - 9, 2007

IT WAS the secret truck that looked like the others at the Stawell gold mine in Victoria. Same appearance, same engine, same badge: MT5010. Only the truck wasn’t one of Atlas Copco’s 50-tonne payload underground mine trucks.

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Miner supports more robotics R&D

August 27 - September 2, 2007

RIO TINTO has opened a parallel robotics research window to a heavily backed mining automation program at the University of New South Wales, starting a trial of a CSIRO-developed autonomous metal carrier at its Bell Bay aluminium smelter in Tasmania.

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Chinese choose digital

August 20 - 26, 2007

CHINA’S large, state-run mines are becoming more serious about modernising in an effort to boost production efficiency, and improve resource utilisation, as evidenced by moves to close small operations and scale up equipment. They are also starting to spend up big on latest IT and communications technology.

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Changing course

August 6 - 12, 2007

AN AUSTRALIAN mineral processing technology company has started a search for gold miners to back a new underground ore comminution course that might enable them to cut out conventional haulage equipment and up to a quarter of their operating costs.

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Auto pilot

July 9 - 15, 2007

RIO TINTO has beaten rival BHP Billiton and other companies to the post to secure a long-term partnership with the Sydney-based field robotics research team seen to be at the forefront of global surface mine automation research and technology development. The mining giant’s decision to invest $A21 million over five years in a new R&D centre could significantly speed development of the industry’s first automated openpit mine.

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Fractal adds to white space

July 9 - 15, 2007

EMERGING international mining software and consulting group Runge believes the acquisition of visualisation and data management technology specialist Fractal Technologies will help speed and broaden market delivery of its pivotal Mining Dynamics “white space” offering.

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Quick to ACT

July 9 - 15, 2007

A CALL for regulators to expedite testing, approval and adoption of wireless two-way underground mine communications technologies in the wake of West Virginia’s Sago coal mine disaster which killed 12 miners early in 2006 appears to have been heeded.

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Selling virtual shovels

June 25 - July 1, 2007

THE Microsoft Corporation – or should it be Caterpillar – of the mining software world? Gemcom Software International Ltd has recently been compared with the ubiquitous American multi-national (Microsoft, that is). But a Canadian analyst says Gemcom is “selling virtual shovels to a booming mining market”.

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Two-way street

June 11 - 17, 2007

THE Australian company now pressing forward with development of a commercial two-way mine emergency communication product believes the technology could be netting $A10 million a year of international sales by 2010.

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Terex aims to break into oil

May 28 - June 3, 2007

THE DOMINANT supplier of ultra-class dump trucks to Canada’s booming oil sands mining industry faces a new threat to its market stronghold in the form of Terex’s 363-tonne-payload (400 short ton) MT6300 AC-drive truck.

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Out with the old

May 28 - June 3, 2007

A FOCUS on “socially responsible” mining has brought Canadian and Australian companies together to seek out suitable deposits of coal ash waste in Europe for cheaper recovery of uranium using technology developed in the US.

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Mincom logs off

May 21 - 27, 2007

LEADING enterprise asset management (EAM) software developer Mincom Ltd is now a brand on the shelf of American technology-focused private equity group Francisco Partners, which wrapped up its acquisition of the former Australian-owned company last week.

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Knowledge flow crucial to mine safety

May 14 - 20, 2007

THE MID-2000 failure of a mine backfill barricade which killed three underground miners and halted production for six weeks at a gold mine in Western Australia raised the intensity of research and testwork aimed at preventing similar incidents from occurring elsewhere. However, research and in particular work on reliable industry-wide guidelines for safe backfill bulkhead design and construction has not kept pace with the significant escalation in the use of backfill materials in the years since the Bronzewing mine disaster, according to a leading international mining consulting firm.

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Equipment suppliers push simulation

May 14 - 20, 2007

TWO leading mining equipment manufacturers have taken a different tack with training simulators, making new technology an integral part of their service offering.

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First moves favour AMT

May 7 - 13, 2007

UP TO $A7.5 million of sales to Anglo Coal mines in New South Wales and Queensland will take Industrea Ltd’s CAS-CAM collision avoidance system for mining fleets a step closer to becoming an international industry standard in a market potentially worth tens of millions of dollars in coming years, according to stockbroker Ord Minnett.

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E-volution picks up speed

May 7 - 13, 2007

EPROCUREMENT in mining is starting to boom. That’s the message being sent by Quadrem International, which runs the world’s busiest online trading platform for mining goods and services.

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CAS now on mine radars

April 23 - 29, 2007

A TRANSITION from trials to implementation of some vehicle collision avoidance systems by operators of large surface mines suggests a new level of industry acceptance of technology as a key to reducing one of the main risks to people and equipment on mine sites. It is a switch that could provide a windfall for leading suppliers.

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Gold medal for scientist

April 23 - 29, 2007

THE INVENTOR of a mineral sampling technology estimated to be generating for gold and platinum producers alone $A200 million a year of benefits has won a prestigious Australian science award.

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No more rotten eggs

April 23 - 29, 2007

THE pungent stench gas used to provide an early warning mechanism in underground mines could be on its way out.

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Hidden gems

March 26 - April 1, 2007

SUSTAINING growth long term has become the focus for the new-generation rising stars of Australia’s mining technology, equipment and service sector, currently enjoying rapid expansion on the back of the global mining investment boom.

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Made in China

March 19 - 25, 2007

ONCE upon a time Chinese consumer goods were derided for their questionable quality. Standards have since improved to some degree and with prices remaining low the criticism is now less shrill than it was. With ‘Made in China’ mine processing equipment starting to feature more regularly in plans for new Western-owned mine developments, the obvious poser is: what’s the gear like?

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Bolt on acquisition

March 1 - 7, 2007

SWEDEN’S Sandvik group has confirmed it will remain a challenger to the Big Two in global underground coal mining equipment manufacturing and supply by acquiring the Australian roof-bolting/drilling machine maker Hydramatic Engineering in a deal understood to be worth about $A40 million ($US31.5 million).

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End of the road

March 1 - 7, 2007

JOHN Wood is a tough character. But the strains of growing an Australian manufacturing and global mining equipment supply business have been mounting for the former merchant marine engineer and self-styled Newcastle entrepreneur.

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Scanning new horizons

February 8 - 14, 2007

FASTER, safer and more reliable mineral and rock sample analysis is expected to be delivered by a new portable scanning system which is currently the focus of a $A10 million development effort by Australia’s Intellection Pty Ltd. The company has just added German-developed X-ray sensor technology to its laboratory testing machine.

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Buy-up continues

February 1 - 7, 2007

AUSTRALIAN software developer Mincom Ltd has added another piece to its mine production accounting offering with the acquisition of Western Australian-based mining software firm Karjeni Pty Ltd.

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Runge appoints division heads

February 1 - 7, 2007

THE Brisbane-based mining consulting and information technology group Runge has made three key personnel appointments ahead of what promises to be a busy year for the expanding company.

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Numbers add up

January 25 - 31, 2007

LAST WEEK’S sale of 10-year-old software IP by the clever people at Queensland’s Julius Kruttschnitt Mineral Research Centre to another Queensland-based outfit – a company with a decidedly more commercial view of the global mining business – may not have raised too many eyebrows. But the gravity of its timing and significance will likely grow over the next 12 months.

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Initiating coverage

January 25 - 31, 2007

DYNO Nobel is expected to get a better look at the potential of the Chinese explosives market, as well as growth in Mongolia, Kazakhstan and other central Asian markets, through its purchase of a 29.9% stake in Fabchem China Ltd. Conclusion of a deal this month follows last year’s aborted move on Fabchem by Dyno Nobel when they couldn’t agree on terms.

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Roaming dinosaurs

December 21 - 27, 2006

TWO companies that seemed to epitomise the “old world” look of the global mining equipment manufacturing industry in the 1990s were Bucyrus-Erie Company and P&H Harnischfeger. Century-old relics of Milwaukee’s industrial landscape, they supplied machines as big as dinosaurs – draglines and electric rope shovels – that were being outperformed by smaller, nimbler equipment. Both companies tumbled into Chapter 11 bankruptcy and their extinction appeared inevitable.

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Rebooted

December 21 - 27, 2006

NO PUBLIC funds, corporate acquisitions, or private equity. Yet an Australian software-turned-IT company has switched from a steady growth path into the fast lane with some of its high-profile peers. How has it made the transition?

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Teck's tech fetish

December 14 - 20, 2006

MAJOR zinc miner Teck Cominco aims to increase its production of the metal by becoming directly involved in recycling projects after taking additional equity in emerging zinc producer ZincOx Resources.

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Stung into action

December 14 - 20, 2006

CONSTELLATION Copper Corporation is considering use of an “agitation leach circuit” at its Terrazas zinc-copper project in Chihuahua, Mexico, that is similar, though smaller scale, to the processing route utilised by Anglo American at its Skorpion project in Namibia.

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Centre to lift exports

December 7 - 13, 2006

ONE OF Australia’s largest suppliers of underground coal mining equipment this week opens its $A20 million Engineering Centre of Excellence for diesel equipment at Beresfield, Newcastle, in New South Wales.

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No more Mexican stand-off

October 26 - November 1, 2006

AN AUSTRALIAN mine communications specialist sees emerging growth opportunities in Mexico as the plethora of international companies working in the country turn exploration success into projects.

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Russia, China opening up for software vendors

October 26 - November 1, 2006

SIMILAR strategies based around the development of foreign-language versions of popular western exploration and mining software products and targeting of large domestic mining groups are serving leading software suppliers well in the major emerging markets of Russia and China.

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Rise of the machines

October 19 - 25, 2006

SOUTH African platinum major Lonmin Plc has had another breakthrough in its efforts to increase the level of mechanisation and automation in its underground mines on the rich Bushveld Complex.

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Show time in India

October 19 - 25, 2006

BEING in the right place at the right time can be a major factor in the life cycle of a business. Many Australian suppliers of mining products and technology are becoming increasingly confident that India, like China before it, is somewhere they need to be. When an investment in the country is likely to pay off is something they’re less certain about.

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Platform for growth

October 5 - 11, 2006

AUSTRALIA will dominate the research and development spending and emerge this year as the leading global market of what is now the world’s biggest mining software company, according to president Rick Moignard.

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Putting exports back on the agenda

October 5 - 11, 2006

PROBLEMS getting Australia’s mining capacity up to the level required to meet current and ongoing demand from markets such as China and India should put another of the country’s “action agendas” into sharper focus. It is a little blurred at present.

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Latest from Cat

September 21 - 27, 2006

IF YOU were not among the 350 or so miners, contractors and Caterpillar dealers at the recent Cat Global mining forum in Queensland, then you may have only heard second or third-hand about the raft of new product releases planned for the next 12-24 months.

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Sorter handy

September 7 - 13, 2006

THE Western Australian nickel sector’s pocket dynamo Jubilee Mines NL expects to get a significant payback from a $A4.3 million investment in an ore sorting plant from South Africa’s Ultrasort Pty Ltd.

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Coming of age

August 21 - 27, 2006

STRONG gold prices and a booming sharemarket have helped revive mining on Victoria’s two most famous old goldfields, at Ballarat and Bendigo.

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AUSTRALIAN TECHNOLOGY SERIES: Rising stocks

July 24 - 30, 2006

AUSTRALIA’S once long list of world-class mining service and technology providers has shrunk dramatically over the past decade. Geologics, Jaques, Tritronics, Aerodata, Prok, MIM Process Technologies, Warman, Elphinstone, ANI Arnall, Cram and Wheel & Rims Engineering are some of the former Australian-owned companies absorbed into bigger international corporations.

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Contractor gains from training

June 26 - July 2, 2006

AUSTRALIA’S largest mining contractor, Thiess, has credited two Australian-developed technologies for significant reductions in mobile equipment maintenance and operator training costs during a period of severe cost pressure over the past 12-18 months.

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Rockfall deaths: automation the answer

May 29 - June 4, 2006

THE Beaconsfield rockfall tragedy was not a once in a lifetime event despite what the mainstream media coverage suggested. Rockfalls remain the number one cause of injuries and fatalities in underground mines even though there have been strenuous efforts in Australia and elsewhere to make mines safer, according to the author of Australia’s most comprehensive research report on the subject.

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Joy plows into rival

May 25 - 31, 2006

JOY Mining Machinery has hit back at claims by major longwall equipment rival, Germany’s DBT, about the superior performance of plow mining systems in China’s thin-seam coal mines. The American company said in a press statement technological advances had made the longwall shearer a more productive and lower-cost option for mining thin seams.

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Industry must keep looking ahead

May 15 - 21, 2006

ROCKFALL: “An uncontrolled fall of ground of significant size in an entry area, or an uncontrolled fall of ground of any size that causes (or potentially causes) injury or damage.”

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