Automation is leading the way in the mining industry to keep workers safe and increase efficiency and productivity. As RCT keeps innovating, its ControlMaster® automation range keeps on expanding – presenting a world of opportunity for technology adopters in the industry.

This is why the release of RCT’s latest automation offering is more exciting now than ever! RCT’s proven range of automation solutions encompasses surface and underground mines to help increase productivity and profitability onsite.


Unlike other automation solutions on the market, RCT’s offering is unique in that it is agile across all mobile machines, regardless of make or model; making it ideal for sites operating mixed fleets and those not wanting to replace existing infrastructure.


“RCT knows there is no ‘one-size-fits-all’ approach when it comes to automation. Different mine sites are at different stages and the majority of them are operating diverse fleets,” said RCT’s Automation and Control Product Manager, Brendon Cullen.

“We wanted to ensure we are able to supply various levels of automation to suit client’s equipment and requirements while empowering them with the options of making staged upgrades if, and when required down the track.”

Part of this journey was the ability to adapt and deliver new features to the market to ensure clients get the most out of their autonomous equipment. Steadfast to fill these criteria, the latest Automation offer was launched, allowing RCT to ‘Guide the way to Infinite possibilities’.


Beginning the automation journey is RCT’s guidance automation package; driverless technology that allows the operator to control machines from the comfort of an automation centre.


“Guidance automation has already proven to combat operator fatigue considerably as less concentration is required to keep mobile machines from hitting the drive walls allowing operators to focus on the important tasks like digging,” said Cullen.


The guidance automation package includes point-to-point, which allows a machine to tram from one point to the other with the simple push of a button.


“It will stay on the optimal path, with no intervention needed. This feature improves tramming time, reduces machine damage and improves productivity and profitability,” said Cullen.

In addition to this, the package addresses the demand for more relevant information with – Guidance Dash (G-Dash).


This additional screen empowers operators with real time information on their machine and surroundings.


Used in conjunction with RCT’s ControlMaster® Guidance, G-Dash gives operators a graphical representation of the machine displaying its articulation angle, waypoint, locations, machine’s speed, RPM and pitch and roll which ensures it is placed in the best position for the ideal dig every time!


RCT’s Guidance Expand is the next package, offering additional optional extras to further enhance Guidance Automation to suit specific mine requirements.


“This allows clients to add certain features that are necessary to improve the autonomous process,” he said. “Clients might only have the need for one or two additional features and this option allows clients to select the options they deem necessary to suit their purposes.”

Expand comprises of Select, Control, AutoNav, AutoLoad, DigAssist and G-Data. All of which empower operators with more information and enables them to further increase productivity.


“These advanced options allow site’s to implement step-by-step autonomous advancements,” said Cullen. Rounding out the release is RCT’s Infinite package, which combines all the latest technology available to deliver the full mining solution; allowing clients to stay at the forefront with our technological advancements.


At present this includes automation, traffic management, telematics, network, people and asset tracking, integration, and much more.


“We are constantly innovating at RCT and our clients on the Infinite package will be the first to experience our advancements, he said.RCT’s latest automation offering will continue to grow to cater to industry demand.

Shares in Canada’s Nautilus Minerals , one of the world's first seafloor miners, climbed more than 10% on Monday as the company disclosed is negotiating the terms of an agreement with arm's length third parties that would involve the creation of a joint venture company.


The purpose of the new firm, Nautilus said, would be to fund the acquisition of the Production Support Vessel (PSV) that Nautilus had previously arranged to be procured through shipbuilder MAC Goliath.


In July, the Vancouver-based company announced that MAC Goliath Pte's had failed to pay part of a contract with the owner of the shipyard where the Nautilus’s support vessel were being made.

 
Nautilus, which is in the last stages of developing its Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, said the support ship would be used at that venture.

The miner, which also is developing another underwater project, off the coast of Mexico, secured in May $34 million from lender Deep Sea Mining Finance, to finish Solwara 1, which is set to become the world’s first commercial deep-sea mine.

However, it lost support from Anglo American’s (LON:AAL), which decided to divest its 4%-stake in Nautilus.


Environmental groups have criticized the project, which will use three robotic machines weighing up to 310 tonnes to mine copper and gold from extinct hydrothermal vents on the ocean floor.

Nautilus plans to then mix the ore with seawater to create a slurry, which can be drawn to the surface, stored and then put on other ships for transport. The extracted seawater is then pumped back to the seabed.

Nautilus’ shares were trading up 10% in Toronto at 0.5 Canadian cents by 11:35 am Toronto time.

Klondike Gold Corp is pleased to report assays from a further nine drill holes at the Lone Star Zone at the Company’s wholly owned Klondike District Property, Yukon Territory.


A total of 87 holes (9,511.93 meters) were drilled in 2018.  To date, final assay results have been received and released from 51 of the 87 diamond drill holes completed in 2018.  Exploration continues to affirm multiple local sources of bedrock gold mineralization which explain placer deposits exploited historically within the Klondike District.

These nine holes LS18-193 to LS18-201 continued the systematic testing of the Lone Star target at approximately 50-meter spacings from 11650E to 12300E with the objective of outlining the character, geometry, and controls of gold mineralization.

Hole LS18-201 on 12300E intersected 1.02 g/t Au over 91.0 meters starting from near surface, and LS18-200 on 12400E, one hundred meters east of LS18-201, intersected 0.80 g/t Au over 36.26 meters from 94.5 meters downhole.  Holes LS18-196 and LS18-199 both encountered and drilled down a north-south trending zone of fault gouge which has no significant gold values.  This post-mineralization structure has small apparent displacement and does not appear significant in the broader picture.


These results from sectional drilling continue to show broad intervals of gold mineralization starting at or near surface, as well as the presence of gold mineralization at greater depths and continue to demonstrate the auriferous nature of the bedrock mineralizing system.


The final report and lithologic and structural mapping results from across the Klondike District Project are due imminently from SRK Consulting.  This information, once received, will be integrated with final results of Klondike Gold’s detailed mapping, as well as the products of district airborne geophysical surveying, soil geochemical surveying, and prospecting.  Results of the regional program will be released with discussion at that time.


The Lone Star Zone is one of five targets drill tested during the 2018 exploration program.  Additional drill results from Lone Star holes LS18-202 to LS18-210, the last results pending from the Lone Star target testing, are expected imminently.  Results from EC18-215 to EC18-241 which tested other targets will be released as they are received, evaluated and incorporated into the evolving exploration model.  Cross sections, including geology and mineralization will be posted when all holes from the individual zones are available.  For reference, LS18-210 is the final 2018 hole drilled at the Lone Star Zone, the hole ID numbers -211 to -214 were unused, and holes EC18-215 to EC18-241 targeted the Nugget Zone or other targets along Eldorado Creek.


A total of 87 holes (9,511.93 meters) were drilled in 2018.  Assays from drilling at the Lone Star Zone (LS18-151 to LS18-159; LS18-164 to LS18-201) and Gold Run area (GR18-160 to GR18-163) have been released.


ABOUT KLONDIKE GOLD CORP.

Klondike Gold Corp. is a Canadian exploration company with offices in Vancouver, British Columbia, and Dawson City, Yukon Territory. The Company is focused on exploration and development of the Lone Star gold target at the confluence of Bonanza and Eldorado Creeks, within a district scale 557 square kilometer property accessible by government maintained roads located on the outskirts of Dawson City, YT within the Tr’ondëk Hwëch’in First Nation traditional territory.

Miramont Resources Corp. is pleased to announce that it has received the required drilling permit for its Cerro Hermoso project in southern Peru. The Company anticipates drilling to begin early in the New Year.

Bill Pincus, Miramont's President and CEO said, "We are very happy to begin our drill program at this exciting prospect. Our geologists have worked long and hard to advance this project and surface exploration continues to yield more and more evidence of widespread mineralization. It's now time to test it with the drill rig."


"Miramont also knows that working with the local community is vital. Our team makes a substantial effort in this area and is fortunate to have a positive working relationship with all local parties. We are glad to have their support and will work hard to maintain it."

Cerro Hermoso is a large diatreme-hosted system with various styles of copper, gold and silver mineralization found in a four square kilometer area. It has many similar characteristics to other diatreme systems that are known to host large bulk-tonnage polymetallic deposits. Three priority drill targets have been identified by a combination of geologic mapping, geochemical sampling and geophysical prospecting. These are known as the Central Breccia Zone (Gold), the Stockwork Zone (Copper/Silver) and the Carbonate Replacement Zone (Copper/Silver). All three targets will be tested in the upcoming program. Further information can be found on the Company's website.

Miramont has contracted AK Drilling International to conduct the first-phase diamond-core drilling program and is now coordinating mobilization of the drill rig. The Company has also completed construction of a core-shack and related infrastructure.

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by Mr. William Pincus, CPG, President and CEO of Miramont and a Qualified Person as defined by National Instrument 43-101.


About Miramont Resources Corp

Miramont is a Canadian based exploration company with a focus on acquiring and developing mineral prospects within world-class belts of South America. Miramont's key assets are located in southern Peru. The Cerro Hermoso property hosts a 1.4km diameter breccia pipe targeting gold - polymetallic mineralization, while the Lukkacha property is targeting porphyry copper mineralization.

Excelsior Mining Corp is pleased to announce that the Company has closed a US$75 million project financing package.

The Financing has been provided by Triple Flag Mining Finance Bermuda Ltd.  , and consists of a US$65 million copper metal stream  and a concurrent US$10 million private placement of common shares of Excelsior.

"With this comprehensive financing package, Excelsior will initiate construction activities at the Gunnison Copper Project before year-end," said Stephen Twyerould, President & CEO. "With the two crucial milestones of permitting and construction financing now behind us, we look forward to unlocking the remarkable economics of this project as we advance towards first copper production from the wellfield in 2019."

The closing of the Financing resulted in Excelsior receiving initial gross proceeds of US$20 million. This amount consists of the initial US$10 million of the US$65 million deposit  under the terms of a metals purchase and sale agreement (the "Stream Agreement"), and US$10 million proceeds of the Equity Placement.

The balance of the Stage 1 Upfront Deposit will be provided in instalments at the request of Excelsior as it expends or allocates previously received funds for the construction of the Gunnison Copper Project. As per the Equity Placement component of the Financing, Excelsior has issued to Triple Flag 13,818,977 common shares at an aggregate subscription price of US$10 million, or equal to approximately Cdn$0.95 per share at current exchange rates. The common shares are subject to a four-month statutory hold period that expires on March 31, 2018.

In consideration of the Stream, Excelsior has also issued to Triple Flag 3.5 million five-year common share purchase warrants, whose five-year term shall begin on November 30, 2018, entitling Triple Flag to purchase 3.5 million Excelsior common shares at a strike price of C$1.50 per share issued.

Excelsior is expecting an additional US$9.4 million in financing proceeds from affiliates of Greenstone Resources L.P. pursuant to the terms of a previously announced subscription agreement (see Excelsior news release dated November 21, 2018 - Greenstone Resources Confirms US$9.4 Million Equity Placement). In addition, if Altius Royalty Corporation chooses to exercise its construction royalty option, Excelsior shall receive an further Cdn$5 million in financing proceeds.

About Triple Flag

Triple Flag Mining Finance Bermuda Ltd. and Triple Flag Mining Finance Ltd. together constitute Triple Flag Mining. Triple Flag Mining primarily targets streaming and royalty investments in the mining sector with backing by funds advised by Elliott Management Corporation, an experienced global investment firm with more than $35 billion of assets under management. Triple Flag Mining's focus is on being a leading sought-after long-term funding partner to mining companies throughout the commodity cycle. In less than 2 years, Triple Flag has committed over US$800 million to the mining sector, with a primary focus on precious metal streaming and royalty investments. For more information, visit http://www.tripleflagmining.com.

About Excelsior Mining

Excelsior "The Copper Solution Company" is a mineral exploration and development company that is advancing the Gunnison Copper Project in Cochise County, Arizona. The project is a fully-permitted, advanced staged, low cost, environmentally friendly in-situ recovery copper extraction project. The Feasibility Study projected an after-tax NPV of US$ 807 million and an IRR of 40% using a US$ 2.75 per pound copper price and a 7.5% discount rate.

Excelsior's technical work on the Gunnison Copper Project is supervised by Stephen Twyerould, Fellow of AUSIMM, President & CEO of Excelsior and a Qualified Person as defined by National Instrument 43-101. Mr. Twyerould has reviewed and approved the technical information contained in this news release.

Chile's state copper miner Codelco said on Saturday it had reached agreement on a new collective labor contract with the union of workers at its Ministro Hales mine in northern Chile.


The 36-month contract, which includes a signing bonus of 7 million pesos ($10,423) and a boost to salaries of 1.2 percent, was approved by 53 percent of the union, Codelco said in a statement.


Ministro Hales produced around 215,000 tonnes of copper in 2017. Codelco is the world's No. 1 copper producer.

Rosenegoatom, the nuclear power plant operator subsidiary of Rosatom, said the achievement is part of its project for industrial-scale production of the radioisotope.

There is consistently high commercial demand for cobalt-60 in Russian and world markets and the prospects for increasing its production are "clear for decades to come", the company said.


Cobalt-60 has already found wide application for sterilising foodstuffs, medical instruments and materials, for stimulating the growth and yield of grain and vegetable crops, disinfecting and cleaning industrial waste, radiation surgery for various pathologies, and for gamma flaw detection of various products, it added.

The loading of the cobalt absorbers at Kursk-4 was carried out by the plant's operators and followed "painstaking" preparatory work and receipt of the relevant permits from regulator Rostechnadzor, it said.

Vyacheslav Fedyukin, director of Kursk NPP, said the plant had thus played its part in Rosatom's strategic goal to create new products for the domestic and international markets. Using the "unique capabilities" of RBMK reactors, Rosenergoatom is Russia's leading producer of cobalt-60, he added.


The Soviet-designed RBMK (reaktor bolshoy moshchnosty kanalny, high-power channel reactor) is a pressurised water-cooled reactor with individual fuel channels and using graphite as its moderator. It is also known as the light water graphite reactor.


Nikolay Kushkova, head of the company's radiation technologies department, said that advanced technology for producing "one of the most sought-after radioactive isotopes on the market" had already been tested at the Leningrad and Smolensk nuclear power plants, which are also RBMKs.

"In our work we're relying on their experience," he said. "The process of loading additional cobalt absorbers is no different from loading regular additional absorbers with boron carbide, and their use does not change the neutron-physical characteristics of the reactor facility. All work was carried out in a way that ensured a high level of nuclear and radiation safety," he added.

Each additional cobalt absorber includes 1152 tablets of nickel-plated natural cobalt-59 and, after five years of irradiation in the reactor, the natural element is transformed into cobalt-60, Rosenergoatom said. After irradiation, personnel from the radiation technology department will use specialised equipment and accessories to divide the cobalt absorbers into elements and load them into transport containers for delivery to customers, it added.

The company has been developing production of cobalt-60 at the Leningrad NPP for more than twenty years, it said, and in 2016 began a project to produce the radioisotope at the Smolensk and Kursk plants. In the autumn of last year, the first additional cobalt absorber was loaded into unit of the Smolensk NPP.

Fluor Corporation announced that ioneer Ltd. has selected Fluor to deliver its lithium and boron mine outside of Tonopah, Nevada. Fluor will initially provide a definitive feasibility study, and subsequently, engineering, procurement and construction management (EPCM) services as the project progresses. Fluor will book the feasibility study contract value in the fourth quarter of 2018 and expects to book the full EPCM contract value in 2019 dependent on a final investment decision.


“With the growing demand for electric vehicles and energy storage, Fluor is excited to work with ioneer on our first lithium mine project in Nevada,” said Tony Morgan, president of Fluor’s Mining & Metals business. “Our team brings the right combination of technical and execution expertise. We will leverage our full suite of integrated solutions tools, including our Zero Base ExecutionSM process and fit-for-purpose modular design strategy, to develop an execution approach to deliver this project safely and with excellence.”

The mine will extract and process ore to produce 20,200 tons of lithium carbonate and 173,000 tons of boric acid, annually. Lithium is a key component in batteries used for electric vehicles, power tools, drones and other items. Boron is widely used in the glass industry to strengthen and increase heat resistance for glass cookware, laboratory glassware and glass screens used in mobile phones, tablets and liquid crystal display televisions. Boron is also used in fiberglass, insulation, electronics and as a micronutrient in agriculture.

The full notice to proceed on the EPCM phase is expected in 2019 with first production expected in 2021.


About Fluor Corporation

Founded in 1912, Fluor Corporation is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com

BHP confirmed identification of a potential new iron oxide, copper, gold (IOCG) mineralised system, located 65 kilometres to the south east of BHP’s operations at Olympic Dam in South Australia.

As part of BHP’s ongoing copper exploration program, four diamond drill holes, totalling 5346 metres, intersected copper, gold, uranium and silver mineralisation of IOCG style on BHP’s exploration licence 5941.


Laboratory assay results show downhole mineralisation intercepts ranging from 0.5 per cent to six per cent copper with associated gold, uranium and silver metals. The results are shown in the table below.


This exploration project is at an early stage and there is currently insufficient geological information to assess the size, quality and continuity of the mineralised intersections. BHP is evaluating and interpreting the results reported and planning a further drilling program, to commence in early 2019.


BHP’s copper exploration program has targeted the Stuart Shelf in South Australia as part of a focused global program which includes Ecuador, Canada, Peru, Chile and the south west of the United States.

Copper and oil are the main focus of BHP’s exploration programs in order to replenish our resource base and enhance our portfolio.

Denison Mines Corp. is pleased to announce that it has completed its previously announced private placement offering of common shares issued on a "flow-through" basis pursuant to the Income Tax Act.

The Company issued 4,950,495 Flow-Through Shares, at a price of CAD$1.01 per Flow-Through Share, for total gross proceeds of approximately CAD$5,000,000.


The Flow-Through Shares were issued through a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation as sole bookrunner and including Haywood Securities Inc., Cormark Securities Inc., TD Securities Inc. and Eight Capital. The Flow-Through Shares are subject to a four-month hold period, which will expire on March 24, 2019.

The Company has agreed to use the gross proceeds from the sale of the Flow-Through Shares for "Canadian exploration expenses" (within the meaning of the Income Tax Act (Canada)) and anticipates using the gross proceeds for expenses related to the Company's uranium mining exploration projects in Saskatchewan. The Company has also agreed to renounce such Canadian exploration expenses with an effective date of no later than December 31, 2018.

About Denison

Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its 90.0% owned Wheeler River project, which ranks as the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, Denison's Athabasca Basin exploration portfolio consists of numerous projects covering approximately 320,000 hectares.

Denison's interests in Saskatchewan also include a 22.5% ownership interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill, which is currently processing ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest and Midwest A deposits, and a 65.92% interest in the J Zone deposit and Huskie discovery on the Waterbury Lake property. Each of Midwest, Midwest A, J Zone and Huskie are located within 20 kilometres of the McClean Lake mill.

Denison is also engaged in mine decommissioning and environmental services through its Denison Environmental Services division and is the manager of Uranium Participation Corp., a publicly traded company which invests in uranium oxide and uranium hexafluoride.

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