Newcrest and Epiroc have signed a memorandum of understanding for a new strategic partnership aiming to take a holistic approach toward the entire mining process at Newcrest’s mines.
The two companies already have a long partnership and have aligned on safety, sustainability and innovation in the past.
The collaboration will span several Newcrest mines and will include Epiroc’s portfolio within automation, digitalisation, and electrification solutions.
“The mining industry’s future will be forged through partnerships, not solitary efforts” Newcrest group manager directional studies and innovation Tony Sprague said.
Lars Bergkvist, senior customer success manager at Epiroc’s underground division, echoed this statement.
“This clearly marks the next phase of our already strong partnership with Newcrest,” Bergkvist said. “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.”
Sarah Hoffman, vice president of global sales and marketing at Epiroc’s underground division, said collaborative partnerships are the best way to drive progress.
“This really is about creating win-win outcomes for everyone involved,” Hoffman said.
Newcrest is currently the subject of an acquisition by Newmont, which began in May 2023.
A Newmont stockholders meeting is set to take place virtually on Wednesday, October 11, 2023, at 8:00 a.m, Mountain Daylight Time so shareholders can vote on the acquisition.