IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
A BAEconomics report, commissioned by Rio Tinto to look into the benefits and costs of autonomous technology, has concluded that investment in mining technology and innovation should sustain long-term competitiveness while also providing the broader economic benefits likely to flow from a strong mining industry. The report, titled Autonomous and remote operation technologies in the mining industry: benefits and costs examines the advances in new technology, showing that while the costs and challenges of automation in the mining sector are substantial, they are potentially far outweighed by the benefits they can deliver. (more…)