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Mining is also becoming more digital

The mining industry also benefits from the use of advanced technologies. Operational excellence pays off

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The goal is clear, it is about improved operational efficiency, cost reduction and opportunities to increase sales and profits. Last but not least, new methods also help in finding and investigating raw material deposits and they help to save energy. Stationary mining machines are easily operated electronically. This also increases the mining companies' investments in technological innovations.

In November, the Electric Mine Conference 2020 will be held in Stockholm, a globally unique trade fair. Whether open pit or underground mines, it is all about increasing production, employee health (ventilation costs, for example) and the general electrification of mines. Drones and robots will provide support in mining. Autonomous trucks have long been part of everyday life in mines, which can be remotely controlled even from a great distance.

The mining industry is also making progress in environmentally friendly, low-cost and alternative production. The electrical appliances or trucks that run on lithium-ion batteries need battery raw materials, for example lithium. 

Millennial Lithium owns lithium at its two projects in the lithium triangle of Argentina (more than 20,000 hectares): https://www.commodity-tv.com/play/research-news-with-millennial-lithium-corvus-gold-and-mag-silver/. The feasibility study for the Pastos Grandes Project indicates probable reserves of 764,000 tonnes of lithium carbonate equivalent.

The Canada Nickel Company is also concerned with raw materials for electromobility: https://www.commodity-tv.com/play/newsflash-with-mag-silber-rnc-minerals-gold-terra-resource-enwave-and-canada-nickel/. The company owns one of the largest nickel projects (nickel, cobalt, palladium) in the world, the Crawford project, and it is located in Ontario.

Current company information and press releases from Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/) and Canada Nickel Company (https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

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Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

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