23 July 2024
23 July 2024
We talk with Lelio Di Martino, head of network application research at Nokia Bell Labs, about the role digital twins play in predictive maintenance in the mining sector.
Initially, the company will receive an upfront cash payment of $150m (£116.14m), with up to $45m in deferred cash.
Major Drilling will invest $10.91m (C$15m) in cash for an approximately 40% interest in DGI/KORE.
Ero’s initial focus will be on two high-grade zones within the mineralised body at the Furnas copper project.
AVW initially spent $250,000 (A$376,634) to earn a 20% interest and under Stage 2 invested another $650,000 to pick a further 31% stake.
Rio Verde's initial focus will be on an exploration target identified in 1993 by Luismin-Hillsborough.
The deal involves the Wandanya (E46/1456 and E46/1457), Disraeli (E46/1389) and Midgengadge (E45/5906) tenements.
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