Rio Tinto’s driverless truck fleet in Australia have reached a significant milestone by hauling their one-billionth tonne of material, 10 years after commencing trial operations for the autonomous system. The mining giant first fitted haul trucks with Autonomous Haulage System (AHS) technology in 2008, and now...
Rio Tinto (ASX:RIO) has confirmed it will expand its fleet of autonomous trucks operating in the iron ore-rich Pilbara region of Western Australia, as part of a US$5 billion productivity drive. The mining giant signed deals with mining equipment suppliers Caterpillar and Komatsu, who will retrofit...
Rio Tinto (ASX:RIO) and China’s Sinosteel Corporation have agreed to extend their historic Channar Mining Joint Venture, an agreement which was first inked back in 1987. Under the extension, an additional 10 million tonnes of iron ore will be delivered into the JV from Rio’s Channar...
Anglo American has released positive third quarter results including an increase in production guidance for its Kumba Iron Ore subsidiary. The world’s fifth-largest miner has lifted Kumba’s production guidance by an additional 1 million tonnes (Mt) to between 42-44Mt for 2017. The overall rise is based on...
The world’s number one miner BHP announced increased copper production but a sharp fall in iron ore output as its overall guidance for 2018 remain unchanged. Copper production for Q2 was boosted to 404,000 tonnes by better performance at the Escondida mine, rising 23% on the...
Rio Tinto (ASX:RIO) produced another set of mixed results in its Q3 production report, exporting more iron ore than expected but lowering its copper output guidance for the second time this year. The world’s second largest mining company by market capitalisation shipped 85.8 million tonnes of...
[caption id="attachment_21080" align="alignleft" width="550"] Credit: Rio Tinto[/caption] Rio Tinto (LSE:RIO) (ASX:RIO) has taken a huge step in implementing a driverless train network in its Pilbara iron ore operations. The diversified mining giant completed its first long haul autonomous train journey, controlled by operatives hundreds of kilometres away,...
BHP (ASX:BHP) (LSE:BLT) demonstrated a strong financial performance for the last fiscal year returning to profits of US$5.9 billion. The diversified resources giant’s boost came from a upswing in primary commodity prices and the effects of cot-cutting measures in the downturn taking effect. The Australian firm increased...
Fortescue Metals Group chairman Andrew Forrest has announced that CEO Nev Power will step down from the role in February following seven years in charge of the firm. Forrest said that Power’s departure will signal the ‘next chapter’ for Fortescue and the CEO’s decision is consistent...
Rio Tinto (ASX:RIO) announced the official opening of its $338 million Silvergrass iron ore mine at its operations in Western Australia’s Pilbara. The project is the Australian mining giant’s 16th mine in the Pilbara and will produce low-phosphorous ore crucial to Rio’s premium Pilbara Blend product,...