Several of Newcrest’s mines will be supported by Epiroc’s portfolio of automation, digitalisation and electrification solutions. Credit: Epiroc Mining India.

Australian-based gold miner Newcrest has signed a memorandum of understanding (MoU) with Swedish company Epiroc to adopt a comprehensive approach to the mining process at the former’s mining projects.

The partnership will utilise Epiroc’s portfolio of automation, digitalisation and electrification technologies to address the entire mining process holistically at many of Newcrest’s mines.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Epiroc Underground division senior customer success manager Lars Bergkvist said: “This clearly marks the next phase of our already strong partnership with Newcrest. With a solution-focused and value-driven mindset, our shared ambition is to develop future solutions and implement our proven technologies in Newcrest’s operations.”

Newcrest operates several mines in Australia, Canada and Papua New Guinea.

Newcrest directional studies and innovation group manager Tony Sprague said: “The mining industry’s future will be forged through partnerships, not solitary efforts.”

See Also:

Epiroc’s Underground division global sales and marketing vice-president Sarah Hoffman said the collaborative partnerships will help drive progress while ensuring successful implementation of system-level innovations to boost safety, cost-efficiency and productivity.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Hoffman added: “This really is about creating win-win outcomes for everyone involved.”

In May this year, Newmont signed an agreement to acquire Newcrest Mining in a deal worth A$26.2bn ($16.8bn). The deal implies an enterprise value of A$28.8bn and an equity value of A$26.2bn to Newcrest.

Last month, Epiroc was selected by Kamoa Copper to supply mining equipment for the Kamoa-Kakula copper mining complex in the Democratic Republic of Congo.

This contract covers machines such as Minetruck MT65 S haulers, Scooptram ST18 S loaders, Boomer 282 face drilling rigs and Simba E70 S production drilling rigs.