May 17, 2020

World class Citronen deposit gains mining licence

mining
zinc mine
zinc mining
Ironbark
Dale Benton
2 min
World class Citronen deposit gains mining licence
A world class zinc deposit in northern Greenland has been granted a mining licence.

Australian based Ironbark Zinc Limited announced that it had been a...

A world class zinc deposit in northern Greenland has been granted a mining licence.

Australian based Ironbark Zinc Limited announced that it had been awarded the mining licence, providing the company a 30-year right to mine, at its flagship project – the Citronen Zinc Lead deposit.

Ironbark Managing Director Jonathan Downes commented:  

“We are proud and delighted to have been awarded the Mining Permit for the World Class Citronen Zinc- Lead Project. This is a milestone and achievement of great importance to the Company and our plans to develop the project into one of the world’s largest zinc mining operations. We will now move to advance project development and funding without delay. The award of Mining Permit is the culmination of many years of effort by all of the Ironbark team, and I take this opportunity to thank them and our loyal shareholders for their commitment over this period.”

Here’s what you need to know about the Citronen Project:

There is over 13 billion pounds of Zinc and Lead JORC defined at the Project – one of the world largest undeveloped zinc-lead resources.

Located in northern Greenland, a self-governed part of the Kingdom of Denmark. Due to its location, Citronen presents a low sovereign risk.

The Citronen Project is the largest zinc endowment held by an ASX listed company

Around $50m has been invested to date in the project

Following a completed feasibility study, Citronen has been recognised as one of the Future Top 6 Global zinc mines in the world

The Mining Permit, granted by the Government of Greenland, provides Ironbark with the right to exploit its wholly owned, world class Citronen Zinc-Lead Project for a period of 30 years.

Through the mining permit, Ironbark has entered into a net smelter royalty agreement with the Government of Greenland that commences in the first and second year of production at a rate of 1percent and rises to 1.5percent in the third year, 2percent in the fourth year and 2.5percent thereafter in accordance with the Mining Act. The royalty is offset against corporate and dividend withholding tax, the 1percent rate in the early mine life was granted to assist Ironbark in the ramp up period of the operation.

 

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Get in touch with our editor Dale Benton at [email protected]

 

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Jun 2, 2021

Ericsson Private 5G to transform secure on-site connectivity

Ericsson
Boliden
5G
Smart Mining
3 min
Ericsson Private 5G is a next-gen private cellular 4G & 5G network tailored to drive Industry 4.0 and the digital transformation of industries like mining

Ericsson has launched Ericsson Private 5G. It offers secure and simple 4G LTE and 5G Standalone (SA) connectivity primarily targeting manufacturing, mining and process industries, offshore and power utilities, as well as ports and airports.

 

Ericsson

Ericsson Private 5G optimizes and simplifies business operations with cloud-based network management, keeps sensitive data on-premise, has zero downtime upgrades and guarantees high performance through Service-Level Agreements (SLAs).

It is easily installed within hours at any facility and can be scaled to support larger coverage areas, more devices and higher capacity when needed. The product is designed to be flexible and will support a range of deployment sizes, depending on requirements, to suit varied needs. Businesses can manage their networks and integrate with IT/OT systems via an open API.

5G

Ericsson Private 5G builds upon Ericsson’s 4G/5G radio and dual mode core technology, enabling a wide variety of use cases for both indoor and outdoor environments while integrating well with business operations, devices and applications. As a result, companies can improve productivity, give their customers more value and provide better working environments for employees.

Innovative use cases include tracking assets and real-time automation to improve productivity in warehouses, and a digital twin that can help to optimize manufacturing operations. Efficient quality inspections can also be performed via augmented reality or smart surveillance drones to increase worker safety, particularly in potentially hazardous environments such as ports and mines.

Boliden

Ericsson already has a significant track record of operational 4G and 5G private network deployments with customers worldwide. Ericsson Private 5G builds on the success of that solution portfolio and deployment insights, as well as insights from projects such as 5G-Industry Campus Europe.

Peter Burman, Program Manager Mine Automation, at Swedish mining company Boliden, commented: “Automation, and safety through automation in our mining operations is an absolute must for us. Ericsson Private 5G is exactly what Boliden needs to bring high quality, fast and secure connectivity into potentially hazardous environments allowing us to mobilize efficiency and safety improving use cases.

Niels König, Coordinator 5G-Industry Campus Europe, Fraunhofer Institute for Production Technology IPT added: “Private 5G networks are highly attractive for producing companies because of the uncompromised performance that 5G can bring, allowing them to tackle the challenges of production. Efficiently deploying and using network solutions in enterprises requires simplicity in installation, flexibility in connecting to existing production IT and lean operations while at the same time being able to scale the network to meet future challenges. Ericsson Private 5G delivers exactly these capabilities.”

Ericsson

Enterprise Networks

Leo Gergs, Senior Analyst, ABI Research, noted: “With this new offering, Ericsson will be able to address key trends in the enterprise cellular market.  The value proposition will appeal to operators and service providers as the solution hides technology complexity and therefore reduces the barrier of entry to deployment for many different flavors of enterprise networks.”

Thomas Noren, Head of Dedicated Networks, Business Area Technologies and New Businesses, Ericsson, revealed: “With Ericsson Private 5G, we take the best of Ericsson’s current portfolio and top it up with the best of our new technology. We do this to give businesses what they need to improve productivity, enable new offerings and give employees a better working environment. With Ericsson Private 5G, we also give operators a better way to serve business customers and leverage their assets - in short, to grow beyond mobile broadband.”

Ericsson recently joined a three-year initiative to develop autonomous, carbon-neutral mining processes supported by 5G connectivity. Funded by the EU’s Horizon 2020 research and innovation program, the $16mn Next-Generation Carbon-Neutral Pilots for Smart Intelligent Mining Systems (NEXGEN SIMS) project is being coordinated by Swedish mining and infrastructure equipment manufacturer, Epiroc, in cooperation with a range of industry-diverse partners, including: Ericsson, K+S, Boliden, Agnico Eagle Finland, KGHM Polska and Luleå University of Technology.

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