Mining industry
Caledonia Mining Corporation PLC delivered a stellar second quarter at its flagship Blanket Mine in Zimbabwe, setting new records for production, profitability, and cash generation. The company's results, highlighted by Cavendish Capital Markets, show a remarkable turnaround in profitability, with second-quarter earnings exceeding full-year profits from recent years.
Mining industry
Researchers from Xi'an University of Science and Technology have developed a full-stage creep constitutive model to assess the long-term structural stability and operational safety in deep coal mining. The model, which integrates fractional calculus theory with statistical damage mechanics, is capable of accurately describing the deceleration creep stage,
Mining industry
The Ministry of Energy and Minerals (MEM) has signed three exploration and mining agreements with two companies, Gulf Minerals and Materials, and Novel Muscat International, to boost Oman's mining sector and enhance the value of its mineral resources. The deals, estimated to be worth RO192mn ($500mn), aim to
Mining industry
The Ministry of Energy and Minerals in Oman has signed three new agreements for exploration and mining with two specialized companies, Gulf Mining Materials Company and Novel Muscat International Company. The agreements aim to strengthen the mining sector, enhance the added value of mineral resources in the Sultanate of Oman,
Mining industry
Loyal Metals Limited, a Sydney-based company, has announced a strategic partnership with VRIFY, a global leader in AI-powered mineral exploration, to accelerate exploration and drilling at the Highway Reward Copper-Gold Project in Queensland, Australia. This collaboration marks a significant milestone in the company's commitment to deploying innovative technologies
Mining industry
Illicit gold mining in the Peruvian Amazon region of Madre de Dios has left devastating landscapes, with eroded soils, carved forests, and contaminated water. This serious situation has prompted the Peruvian Amazon Research Institute (IIAP), an entity attached to the Ministry of Environment, to initiate a process of recovery of
Mining industry
Mining in Brazil is touted as a catalyst for economic development, but a new study reveals that the reality on the ground is far more complex, with both industrial and informal mining operations failing to deliver sustained economic benefits to local communities. The study, which analyzed data from over 5,
Mining industry
The Government of India's Ministry of Coal launched "Mission Coking Coal" in August 2021 to boost domestic production of coking coal, reducing reliance on imports, particularly for the steel sector. The initiative aims to increase domestic production, increase coking coal consumption, and reduce imports. Under this
Mining industry
A new study published in the journal Scientific Reports, conducted by researchers at the China University of Mining and Technology - Beijing, has found that the application of industrial robots in manufacturing has a significant carbon emission reduction effect. The study uses world input-output tables and data related to the
Mining
India's government is reportedly ready to introduce key amendments to the Mines and Minerals (Development and Regulation) Act (MMDR) this week, paving the way for state funding to acquire critical mineral assets abroad. The proposal aims to secure long-term access to resources like lithium, copper, cobalt, and rare
Mining industry
North Bay Resources Inc., a US-based mineral exploration company, has started generating gold from its Fran project in British Columbia, Canada. The company has found high-grade surface assays in initial trenching, with mineralization expanding in multiple directions and increasing with depth. CEO Jared Lazerson described the ore as "highly
Mining industry
With the global outlook increasingly uncertain, investors are turning to gold as a safe-haven asset, driving prices to record highs. Central banks, the most cautious investors around, have acquired over 3,000 tons of gold in the past three years, fueling the market's upward momentum. Meanwhile, gold mining
