The mining sector needs to embrace automation and address concerns of skills shortages as the industry outlook continues to improve, according to the latest mining business outlook report by Newport Consulting. The annual report, now in its eighth year, canvasses the views of Australia’s mining executives. With automation fast becoming a reality for mining operations, …
Democratic Republic of Congo’s new proposed mining code, which the industry has warned will stifle investment in the copper and cobalt-rich nation, sailed through the Senate without opposition late on Wednesday. A version passed by the National Assembly – Congo’s lower house of parliament – last month would increase taxes and royalties, including potentially more …
Congo mining code passes Senate without opposition Leer más »
Chile’s conservative President-elect Sebastian Pinera on Tuesday named Senator Baldo Prokurica as incoming mining minister, a key post in the world’s top copper exporter. Pinera, who won the presidency last month, governed the country from 2010 to 2014. He named his former finance minister, Felipe Larrain, to fill the same spot again in his new …
Chilean president-elect names senator as mining minister Leer más »
In the past ten years, 430 workers died in mining incidents. Now, a new University of Arizona-invented mining communication and sensor platform aims to drastically drop that number. The technology is known as “SMART (System for Managing Advanced Response Technology) Suite 5.0”. The system senses components of worker health and safety, mine air quality, geolocation, …
Wood Mackenzie sees copper demand increasing significatively over global supply in the next decade and, together with it, miners’ need for reliable sources of water. “As constant and high demand for copper leads to resources running out, copper grades will progressively diminish. As a result, water demand will increase because it will be necessary to …
The Minerals Commission has said it will vigorously enforce all laid down procedures in the acquisition of Mining licenses. Speaking to Citi News, Addae Antwi-Boasiako said the era of issuing licenses without recourse to due process is over. According to the CEO of the Minerals Commission, Addae Antwi-Boasiako, the Ghanaian law is clear on the …
Minerals Commission to tighten regulation of mining licenses Leer más »
Mining recorded growth in November, continuing a trend that has been aided by a recovery in commodity prices. Mining rose 6.5% year on year in November after a 5.2% year-on-year increase in October. It had contracted 0.9% year on year in September. The November figures came off a low base. But Chamber of Mines economist …
Recovery in commodity prices keeps sector’s growth going Leer más »
Mining equipment maker Metso said its quarterly sales, earnings and new orders came in lower than expected, sending its shares more than 10 percent lower as the company missed out on recovering industry demand. The preliminary figures in an unscheduled statement gave little explanation for the weaker than expected performance, adding to investors’ concerns over …
Mining gear maker Metso warns on profit, shares drop Leer más »
Orex Minerals Inc., is pleased to announce that they have signed a Letter of Intent (LOI) with Exploraciones del Altiplano SA de CV (“Altiplano”) to acquire 100% of the San Luis del Cordero Project in Durango, Mexico. This project is a skarn and epithermal vein hosted silver-copper-zinc district, located 155 kilometres northeast of the City …
México.- Primero Mining Corp. today announced that the Company has closed the previously disclosed sale of the Cerro del Gallo development project (the “Project”), via the sale of all of the issued and outstanding shares of San Anton Resource Corporation, the indirect owner of the Project to Argonaut Gold Inc. Primero has received total consideration …
