IM 2018 December 18 | Page 8

WORLD PROSPECTS embark on Albion Process testing, an exciting new proven technology, to liberate gold and silver from mines with refractory gold and silver mineralisation. If testing proves successful, we intend to fast-track funding the capital costs and installation of the Albion Process recovery equipment and technology during 2019. Thereafter, we believe Campo Morado will transition from predominantly a zinc producer, into a primary precious metal producer with strong base metal by-products which will certainly and positively impact the mine’s profitability.” Glencore Technology describes the methodology as follows: “The Albion Process technology consists of two key steps. The first step is ultrafine grinding of the feed material using Glencore Technology’s IsaMill™. The second step is an oxidative leach of the finely ground feed minerals at atmospheric pressure to break down the sulphide matrix and liberate gold and silver for recovery by conventional means. Albion Process has real-world success in delivering consistently high recoveries – up to 97% in refractory gold and over 99% in chalcopyrite copper concentrates. It has much lower capital cost than traditional leaching plants like pressure oxidation (POx) plants and because it operates at atmospheric pressure, it completely avoids the myriad risks of POx plants. It’s also dramatically less expensive to operate, with a recent study suggesting a third lower in ongoing opex costs. It’s also is incredibly fast to install and commission and very easy to operate.” Albion Process is a combination of ultrafine grinding and oxidative leaching at atmospheric pressure. The feed to the Albion Process are base or precious metal concentrates. The sulphides in the feed are oxidised and valuable metals liberated, with the economic metals recovered by conventional downstream processing. It was developed in 1994 by Glencore and is patented worldwide. The Albion Process plants around the world are treating a range of materials including a zinc sulphide concentrate, refractory gold/silver concentrates and chalcopyrite copper concentrates. The Albion Process and Jameson Cell testing with Glencore Technology is estimated to be completed within 15 weeks of receipt of samples in Brisbane, Australia. An additional two weeks are estimated for the preparation and delivery of a Class 5 Engineering Study providing the ZYFRA buys VIST Group inland and Russia based ZYFRA Group, the AI and IIoT solutions developer for industry is acquiring VIST Group, one of the industrial leaders in development and implementation of technologies for digital mining for $30 million. Through acquisition of this asset the company is planning to occupy a significant share of global intelligent mining market. “Via several acquisitions and organic business growth, we are absolutelly on track to reach our $30 million sales target for 2018 as part of our wider strategy to become a leading integrated digital industrial solutions vendor,” said Igor Bogachev, ZYFRA Oy CEO. With the acquisition of VIST Group, ZYFRA has broadened its international footprint and will now also be operating in Belarus, Mongolia and Morocco. It is also planning to expand into Vietnam, Indonesia and Chile in 2019 and in South Africa in 2020. On top of international expansion, the company says it is firing on all cylinders to complete the “Intelligent mine” project – a complex solution for unmanned surface mining with application of self-driving vehicles. VIST Group is planning to spend “a material share of investment” provided by ZYFRA to accelerate its R&D projects including self-driving vehicles, automated surface mining machines (robots) and appliances, broader IoT and AI based solutions application as well as predictive analytics. “There is a request from the market – industrial giants are looking for the options to improve the entire production chain efficiency, F 6 International Mining | DECEMBER 2018 not its separate elements. I believe that technological synergy of the two companies will significantly boost commercial and innovation potential of our solutions in respond to this request,” noted Dmitry Vladimirov, VIST Group CEO. “With integration of VIST Group solutions into our single digital platform for the industry will allow us to achieve a synergistic effect and bring additional value to our customers around the globe from the metal and mining industry. For example, we are now ready to realise a digital mining and processing plant project by the principle ‘Mine to Mill’ ,” said Pavel Rastopshin, Managing Director of ZYFRA. “Our view is that there’s a tremendous opportunity for disruption in Industrial IoT and applied AI space, although it is still a nascent market to a larger extent – said Ilia Kreisel, Investment and IR Director at ZYFRA Group. If you look at Gartner’s latest Magic Quadrant for IIoT platforms, you can quickly arrive at the conclusion that the market still lacks a clear leader, which leaves the doors wide open for the up and coming challengers like ourselves.” The global market for following information: a capital cost estimate for the Albion Process Plant, accurate to a Class 5 (AACE); high level mechanical equipment list for the Albion Process Plant; power demand schedule for the Albion Process Plant; Albion Process Plant Process Description; block flow drawing for the Albion Process Plant; reagents and consumables schedule for the Albion Process Plant at the nominal throughput; an operating cost estimate for the Albion Process Plant at an accuracy of +20%. The Campo Morado samples have been collected and shipped to Australia.  www.telsonmining.com;  www.glencoretechnology.com digital mining solutions is expected to reach $23 billion by 2024. It is expected that over 35% of global mining companies will increase their investments in digital solutions and AI technology. After the acquisition deal with ZYFRA, VIST Group “is gaining new resources to compete with market players like Caterpillar, Hitachi, Komatsu and Hexagon Mining.” ZYFRA is applying cutting edge data science combined with industrial expertise to provide end-to-end solutions for optimising production speed, quality, and costs for industries such as machinery, metallurgy, oil and gas and mining. The company, founded in November 2017, currently operates in Finland, China, Russia, Bulgaria and India.  www.zyfra.com; www.vistgroup.ru