Digital mining: Leveraging the gold price

Molycop’s processing optimisation services are improving mining operations globally.

Key Facts

  • The price of gold and copper have increased dramatically – miners should take advantage to maximise production now.
  • Molycop’s process optimisation technology and services ensure companies improve the throughput, recovery and efficiency of their operations.
  • Using technologies such as MillROC and MillSlicer, mining company Resolute was able to save up to $US4 million per annum on mill relining costs and downtime alone.
The following is an abridged version of an article originally published in Australian Mining. Click below to read the full article about how Molycop’s processing optimisation technology and services bolster mining productivity:
In early April, gold prices hit $US2400 per ounce for the first time ever, and copper reached an all-time high of over $10,889 per tonne. The metals market is in a frenzy, which is good news for Molycop, whose customer base comprises mostly gold and copper miners.

“Right now, things are going well in the gold industry from a price perspective,” Molycop Commercial Vice President Australasia Pieter Strobos told Australian Mining. “Miners need to take advantage of the situation by maximising production.”

Take Resolute Mining, which operates the Mako gold mine in Senegal. Combining Molycop and Orway IQ’s technologies and expertise reduced planned downtime by 25%, significantly benefitting Resolute’s bottom line.

“Molycop has the technology, skills and expertise to help mining companies boost production by increasing throughput and recovery while reducing wastage of energy and reagents,” Strobos said.

As one of the world’s most well-known and trusted mining commodity and technology suppliers, with a particular reputation in the copper and gold mining industries, Molycop is helping companies improve their throughput, recovery and efficiency through its process optimisation technology and services.

“We do this through advanced instrumentation, advanced process control, process modelling and digital twin technology,” Strobos said.

Molycop – Progress Together

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