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Highlights
Catalyst Metals has integrated RCT technology at its Plutonic Gold Mine for enhanced operations.
The shift to digital systems aims to boost productivity and reduce maintenance costs.
Plutonic East Mine begins production, supporting Catalyst's expansion plans.
The gold mining industry continues to evolve with the adoption of innovative technologies aimed at improving operational efficiency. One such transformation is taking place at Catalyst Metals' Plutonic Gold Mine, located in the Eastern Gold Fields Province of Western Australia. Catalyst Metals (ASX:CYL), a company listed on the ASX 200, has transitioned to digital systems powered by RCT and Epiroc, marking a significant shift from analogue to more automated operations.
RCT Technology Implementation
Catalyst Metals has implemented RCT's AutoNav technology at the Plutonic Gold Mine to enhance the performance of its mobile equipment. This upgrade, which includes retrofitting existing Sandvik and CAT loaders, enables autonomous navigation with improved precision. The enhanced automation provides greater productivity while also fostering a safer and more comfortable environment for operators.
Modular Platforms for Enhanced Flexibility
As part of the technological transformation, Catalyst has also adopted modular platforms. These platforms allow operators to control loaders remotely from a light vehicle, which can be driven directly to the working stope. The distances between the stopes at the mine range from three to five kilometres, making the flexibility offered by these platforms particularly beneficial in improving operational efficiency.
Improved Communication and Data Integration
The mine has further enhanced its digital infrastructure by upgrading its communication network with RCT Connect, an advanced Wi-Fi solution. This upgrade enables real-time diagnostics, allowing operators and maintenance teams to access alerts and other important data, which can help prevent costly downtime. The new digital systems provide higher tolerance and precision, reducing issues like overheating and mechanical breakdowns commonly associated with analogue systems.
Extended Equipment Lifespan and Cost Savings
RCT's technology also offers longer equipment lifespans and lower maintenance costs. With increased precision and efficiency, the likelihood of mechanical failures is reduced, contributing to overall cost savings and improved operational reliability. These upgrades reflect Catalyst Metals' focus on enhancing the performance of its Plutonic Gold Mine while ensuring a stable and sustainable future for its operations.
Plutonic Gold Mine Expansion Plans
Catalyst has also focused on expanding production at the Plutonic Gold Mine. Over the past 21 months, the company has stabilized production at the Plutonic Main underground mine, which serves as a key source of ore. The company aims to bring additional mines online within the Plutonic Belt to increase its ore supply, reducing operational risks and ensuring long-term stability.
The recent production milestone at the Plutonic East Mine demonstrates Catalyst's commitment to growing its operations using internal cashflows rather than relying on external capital. This approach has led to lower capital costs and a quicker timeline for development, aided by the existing infrastructure of past operators in the region.
Catalyst Metals continues to fund its organic growth plans, working to increase its gold production capacity across the Plutonic Gold Belt by developing additional mines. The investment in RCT-powered technology plays a pivotal role in this strategy, supporting the company's efforts to maintain a competitive edge in the gold mining sector.
