Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
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A trial of leading-edge tyre monitoring systems on Thiess-operated mine sites is saving time, money and tyre life according to the contractor. The Rimex TyreSense system and Michelin’s Earthmover Management System (MEMS) are being trialled respectively on the Thiess fleet of Caterpillar 797s at the Burton Coal Mine and Liebherr T282 trucks at Curragh North in central Queensland. The systems monitor tyre chamber temperature and pressure via sensors and hardware installed in the vehicles. The information is then communicated through iVolve or mobile phone technology. Critical information on low pressure or high temperatures in tyres can be quickly relayed to key maintenance staff to enable an early response and avoid potential damage. (more…)
