International news within the industry of mining and metal, Jan, 23 2019
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Short-term funding for the Finnish Raahe Gold mine

Raahe's gold mine. Photo: Nordic Mines
Raahe's gold mine. Photo: Nordic Mines
Published by
Markku Björkman - 21 Aug 2018

Mining company Nordic Mines has received a $ 500,000 shareholder loan to complete ore sorting tests at the Raahe Goldmine.

Also, a $ 1 million additional funding is being negotiated. In addition, the company is currently negotiating a $ 1 million additional funding to enable it to take the necessary measures in the mine before deciding to resume production of gold in Raahe.

The company has been testing the ore-milling technology based on optical technology in the Raahe Goldmine. Preliminary results of the tests are characterized as encouraging.

In September, Nordic Mines will begin a large-scale test of 6 to 8 weeks to validate the good results of testing new mining technology.

Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company
Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company

The world's first mining-related railway network for autonomous trains was opened

"improves productivity"

The mining company Rio Tinto's AutoHaul ™ program, which is expected to cost $ 940 million, is...