Caterpillar to present more than machines at MINExpo 2016
Caterpillar will support MINExpo 2016 with an exhibit showcasing machines, technology, expertise and practical knowledge that miners can apply to help address their cost, productivity and efficiency challenges in today’s mining environment.
Though Cat® machines—for both surface and underground mining—will fill the view, the talk will focus on how Cat technology and know-how combines to help mining operations address and solve the issues that are most important to them. The main stage in the exhibit will feature presentations describing how mining companies, Cat dealers and Caterpillar work together to improve operations.
“The challenge for all in the mining industry now is to optimize operations—to drive costs down while creating sustainable businesses that can weather downturns,” says Caterpillar Resource Industries Group President Denise Johnson.
“We believe that through our expertise and the knowledge of our dealers—combined with innovative technologies and our growing data analysis capabilities—we can help them not only survive, but thrive in these challenging times.”
Johnson was recently selected by the National Mining Association (NMA) to chair MINExpo 2016.
“Chairing this show is a great honor, and it’s a testament to Caterpillar’s partnership with this critical industry,” she says. “We’re proud to be a long-time supporter of the NMA, and we are excited to participate in another MINExpo. It’s an opportunity for us all to learn from each other how to increase productivity, control costs and improve overall operations.”
In addition to displays of its surface and underground mining equipment, Caterpillar will dedicate areas to technology, data analytics, equipment life-cycle management and the global Cat dealer network.
“At our core, we’re committed to making quality products that are safe and reliable,” says Johnson. “But we also recognize that the step-change results our customers need don’t rely solely on the machines. In the ‘age of smart iron’ it’s technology, data and automation that will be the game-changer. And when we combine this with a focus on site performance, analytics and knowledge-partnering with our customers, we’ll deliver the sustainable efficiencies our customers need today, and in the future.”
For more details about the full line of Cat mining products and services, visit Caterpillar at booth 6229 in the Central Hall during MINExpo 2016, September 26-28, at the Las Vegas, Nevada, Convention Center.
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Vale invests $150mn to extend life of Manitoba operations
Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.
Global energy transition is boosting the market for nickel
The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.
“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.
“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”
Vale continues drilling program at Manitoba
Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.
“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.
“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”
The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history. Mining of the Thompson orebody began in 1961.
“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.