Sudbury group encourages women in mining, ‘shattering stereotypes’ in the process
2021-10-07 08:21:25 A new group in Sudbury, Ont., wants to help more women get jobs in the mining industry. Women represent around one in 10 workers in Canada’s mining industry, and number that hasn’t changed much in the last 10 years, according to Jennifer Dallaire, treasurer of the Sudbury chapter of Women in Mining. The chapter […]
Copper price rises on supply disruption worries
2021-10-07 08:56:15 The conflict comes a day after the government defused a similar standoff for MMG’s Las Bambas mine. The road is known in Peru as the mining corridor and has become a lightning rod in the country, the world’s second-biggest copper producer after neighboring Chile. As of Wednesday, the community had blocked the road to protest against […]
Mining Incentive Program receives funding for exploration wor
2021-10-04 10:25:02 The Government of the Northwest Territories (GNWT) has partnered with the Canadian Northern Economic Development Agency (CanNor) to provide additional funding support for exploration projects being led by the territory’s mineral resources industry. CanNor has confirmed new funding of $500,000 to support a second call for Mining Incentive Program (MIP) applications in 2021-22, […]
5 Technologies for Sustainable Mining
2021-10-06 02:02:35 Sustainability within the mining, minerals, and metals industries is an ongoing issue in dire need of attention. For sectors that account for almost 7% of global greenhouse gas emissions, and with climate change heading to the point of no return, it’s now no longer up for debate that the mining, minerals, and metals […]
When deep-sea research meets mining interests
2021-10-04 04:00:34 The high cost of studying deep-sea ecosystems means that many scientists have to rely on funding and access provided by companies seeking to exploit resources on the ocean floor. More than half of the scientists in the small, highly specialized deep-sea biology community have worked with governments and mining companies to do baseline […]
Unified brand heralds the dawn of a new era
2021-10-04 01:16:01 Since its establishment in 2015, United Mining Services (UMS) Group along with its subsidiaries UMS Shaft Sinkers and its engineering and design counterpart UMS METS (Mining Engineering Technical Services) has established a reputation for providing comprehensive turnkey mining solutions. Fast track six years and the company is embarking on a new era in […]
South Africa to appeal mining charter ruling
2021-10-03 20:41:13 The government would appeal two court rulings that struck down changes to rules requiring mining firms to be at least 26% owned by Black investors in perpetuity and declared it unlawful for payouts to the coronavirus-struck tourism industry to be limited to Black businesses, Bloomberg reported last week. In the mining charter decision […]
Tehran Stock Exchange CEO steps down after discovery of illegal mining operation in building
2021-10-03 18:00:42 The CEO of Iran’s largest stock exchange has stepped down after authorities busted an illegal digital currency block reward mining operation in the basement of the building hosting the exchange. Ali Sahraee took the helm of the Tehran Stock Exchange in October 2020. However, as local media reports, his tenure has been cut […]
Komatsu unveils a line-up of sustainable mining machines
2021-10-03 02:12:43 To meet sustainability goals, mining businesses must make some serious changes to the way they operate. Thanks to Komatsu, there is hope for many more developments in sustainable mining machinery for processes like haulage, loading, excavating and underground mining. MINExpo 2021 revealed some of the greatest mining machinery triumphs that are suitable for […]
Tribes, environmentalists want feds to limit mines, push recycling
2021-10-02 07:03:15 A coalition of tribes and environmental groups asked the U.S. Department of the Interior to create new, stricter hard rock mining rules and to prioritize metal and rare earth recycling over mining. The aim is to recover materials from cast-off cell phones, computers, monitors and even consumer batteries, reducing the demand for new mining […]
NTEC takes on coal mining operations at Navajo Mine
2021-10-02 04:15:57 FARMINGTON — The mining manager of Navajo Mine has changed from North American Coal Company to the Navajo Transitional Energy Company after the facility’s contract mining agreement ended on Sept. 30. NTEC transitioned into the management role on Oct. 1. “Our business has grown and developed to a point where it is no longer necessary […]
Mexico gears up for international arbitration, searches for legal counsel
2021-10-01 15:53:12 In March, Canadian miner First Majestic said it started legal proceedings against the government of Mexico following a prolonged tax dispute. Mexico has calculated that First Majestic owes 11 billion pesos ($544 million) in delinquent taxes. The U.S. oilfield services firms also requested international arbitration in March regarding contracts entered into with a […]
Stagflation risk is back and gold price is ready to react – analysts
(Kitco News) The stagflation risk is back on the table as the looming energy crisis stirs up old inflation fears. This is good news for gold, which proved this week that there is strong buying interest below the $1,750 an ounce level, according to analysts. After falling towards $1,720 an ounce mid-week, gold surprised […]
Silicon’s 300% surge throws another price shock at the world
2021-10-01 10:19:29 The worsening situation has forced some companies to declare force majeure. On Friday, Norwegian chemicals manufacturer Elkem ASA said it and several other companies making silicone-based products suspended some sales due to to the shortage. The silicon issue also captures how the global energy crisis is cascading through economies in multiple ways. The […]
Peru’s mining industry expands 5% in August – report
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The National Institute of Statistics and Informatics of Peru (INEI) announced today that the domestic mining and hydrocarbons […]
Gold edges higher in line with global markets
2021-10-01 07:54:00 A shopkeeper can be seen arranging gold sets in his shop. — Reuters/File Bullion price settles at Rs114,100 per tola on Friday. Dealers believe that despite lack of purchasing power, the demand for the precious commodity will increase due to the wedding season. Gold rates in Pakistan are around Rs1,500 below cost compared […]
Gold prices stuck in neutral as ISM Manufacturing Index rises to 61.1
2021-10-01 07:06:00 Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! Editor’s Note: The article orginaly printed a wrong number for the headline increase in the September ISM Manufacturing Index. The […]