News

Hexagon’s Mining division and IDS GeoRadar, a Hexagon company, today jointly announced the mining industry’s first straightforward integration of systems for safety and radar-based slope stability hazards.

BHP's Olympic Dam mine is in the eastern section of South Australia's Gawler Craton. Launched last year, the unique global competition ExploreSA: The Gawler Challenge partnered with open innovation platform Unearthed in a global call for geologists and data scientists to uncover new exploration targets in the state’s Gawler Craton region.

Mini excavators, skid steer loaders and compact track loaders are the Swiss Army knives of the construction industry, because they can be equipped with many different attachments and work in many different environments, especially tight spaces.

Firms offering digital solutions to facilitate truck dispatching are seeing growing sales as contractors and Departments of Transportation look for ways to prevent the spread of the virus during construction. “Over the last four weeks we closed more business than in the last four years,” says Tarun Nimmagadda, CEO of Ruckit, which sells trucking management software to help contractors and material producers move materials more efficiently.

The number of new technologies for construction exploded over the past few years and investment in U.S.-based construction technology startups reached an all-time high of $3.1 billion in 2018, compared with $731 million in 2017, according to Crunchbase data. This year, adoption of disrupting technologies is expected to accelerate as start-ups transition from testing to full commercialization of their products. Driven by cost-overruns, schedule delays and labor shortages, the construction industry is overdue for investment in technologies that can create competitive advantage.

EVRAZ Vanadium has established a new Research and Development Center located in Group subsidiary East Metals AG, Zug, Switzerland. The main objective is to support sustainable and diversified usage of vanadium as an alloying element in current and future steel products.

The Construction Equipment Committee (CEC) was created by the Association of European Businesses (AEB) in February 2008. At the moment CEC represents interests of 80% road-building and special machinery companies of the Russian market.

The Group is closely monitoring the development of the COVID-19 pandemic and its impact on our employees, our operations and the broader stakeholder base. EVRAZ’s immediate focus is on doing everything in its power to protect the lives and health of our employees and minimise the negative impact on our facilities and the communities in which we operate.

According to figures from the South Australian Chamber of Mining and Energy, royalties paid to the state government are projected to reach $325 million for the 19/20 financial year, up from $299 million the previous financial year and $207 million in 2015/16.

The construction industry – a very information intensive industry – has been slow to adopt technology. Until about six or seven years ago, technology was reserved for the back office and typically used for HR, accounting, contract writing, tracking change orders, with nothing to drive the information to the people actually doing the work in the field.