Thursday, May 23, 2019

Mining & Minerals

Neal Froneman, CEO of Sibanye Gold in South Africa, has announced that the country’s mining industry is going to institute a new truth and reconciliation commission (TRC) to apologize for the sins the industry has committed in the past...
Moon Express has become the first private company in the world to be authorized by the US government to travel to the Moon and mine it for valuable resources.Just recently, the company announced that it has raised $20 million...
According to a recent report by the international market analysis and intelligence firm, Transparency Market Research, the smart mining market will see significant growth in the years to come.The report shows that such a market, which was valued at...
Mining experts suggest that a policy change will greatly help South Africa with boosting its mining industry and keep up with Congo and Zambia, which have seen exponential growth in mining production in the past decade.Commenting on how the...
Cornish Lithium, a company with secured rights to a large unified mineral exploration program in Cornwall, has announced plans for lithium mining at the county’s hot springs.The lithium-rich, salty underground hot springs in the county were previously regarded as...
US federal officials are currently seeking input on a plan that would essentially stall mining developments in Ely, Minnesota for two years. In fact, it is said that implementing the plan would ban mining activities for as long as...
Oman is set to announce a new mining law, which is drafted by the Public Authority for Mining (PAM), in the first half of this year.With the new law, the country’s mining sector will be made more attractive to...
Indonesia is revising its mining rules in order to loosen up a controversial ban on exports of bauxite and nickel ore and to extend exportation of mineral concentrates.The new regulations will allow mining companies in the country to export...
Employment has increased by 93,000 quarter-on-quarter. This is according to figures released in Statistics South Africa's (Stats SA’s) quarterly employment report on Monday. This is a growth of 1% compared to the same quarter last year. Jobs increased in community...
GLENCORE’S Ivan Glasenberg made a stunning return to deal-making after 18 months of austerity by joining its 9% shareholder Qatar Investment Authority (QIA) in a €10.5bn swoop for 19.5% of Russian oil company, Rosneft. The Financial Times said the deal...