With $350 billion to spend in the next five years, China's One Belt One Road - the massive push for a new 'Silk Road' - offers huge opportunities for the Australian resources sector.This was the key message to Australian businesses from Matt Schofield, lead partner of ShineWing Australia, who presented on the prospects for Australian business at Melbourne's landmark International Mining and Resour...Read More
Mining needs to embrace its role as an agent of change for good - and tell the story of how it does this better - if it wants to continue to compete for investment dollars and talent in the future, according to International Council of Mining and Metals CEO Tom Butler.Speaking at the International Mining and Resources Conference 2018 in Melbourne, Mr Butler said there was overwhelming evidence tha...Read More
While automation is often seen as a silver bullets that can solve a range of mining's problems, for Roy Hill's Christine Eriksen automation is actually a holistic approach with the majority of the time, effort and funds to be invested in changing in the people working with the technology on the frontline."You realised that silver bullet approach solely based on technology wasn't going to work. Tha...Read More
Within the highly competitive and capital-intensive mining sector, crowdsourced technology-driven solutions to some of the industry's most challenging problems are being unearthed.From its Melbourne head office, one of the world's largest gold mining companies, Newcrest Mining, has partnered with Unearthed Solutions to deliver an online platform that utilises the global collective wisdom of 'the c...Read More
The global mining sector's comeback signalled great expectations-improved employment, wages and economic wealth. However, the windfall will be short lived according to Peter Bryant, managing partner of Chicago-based strategic growth firm Clareo.Speaking at the International Mining and Resources Conference, Bryant said if miners want a new era of prosperity they must upend the traditional approach...Read More
Like any team at the height of their career, the Australian resource must work harder than its competitors to keep at the top according to Resource Minister Matt Canavan."In the last 20 years, we have seen remarkable growth in the resources sector. We have double the number of people working in mining today than we did before the mining boom. The mining sector regularly contributes over $20 billio...Read More
CloseGain/LossGold $1223.60-$5.50Silver$14.48+$0.03XAU65.44+1.14%HUI145.23+0.84%GDM532.62+0.49%JSE Gold1170.50+4.49USD96.99+0.38Euro113.45-0.40Yen88.65-0.41Oil$66.18-$0.8610-Year3.119%+0.031T-Bond138.84375-0.50Dow24874.64+1.77%Nasdaq7161.65+1.58%S&P2682.63+1.57% The Metals: Gold dropped $9.10 to $1220.00 in London before it chopped back higher in early New York trade, but it still ended wi...Read More
India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More
"The new resource estimate encompasses about two-thirds of the total mineralized area defined to date, which extends over an area 2.5 km long by 600m wide. Mineralization remains open at depth and towards the southeast. https://t.co/5uv8IauwQM #Investing #Resource #Gold"Read full newsRead More
Arizona prospector John Waddell realizes he's lucky to be alive after surviving a days-long ordeal at the bottom of an old abandoned mine shaft in the desertRead full newsRead More
Report says air pollution is having a devastating impact on children worldwide, storing up a public health time bombRead full newsRead More
GE shares are now unchanged since 1995...Read full newsRead More
The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More
The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More
LONDON, ON. - Fortune Minerals reports that the governments of Canada and the Northwest Territories have accepted the environmental assessment approval for the modified Tlicho all-season road. The modifications were developed with the Tlicho government through a consultation process managed by the Mackenzie Valley Environmental Impact Review Board. The Tlicho government also approved the board...Read More
LONDON, ON. - Fortune Minerals reports that the governments of Canada and the Northwest Territories have accepted the environmental assessment approval for the modified Tlicho all-season road. The modifications were developed with the Tlicho government through a consultation process managed by the Mackenzie Valley Environmental Impact Review Board. The Tlicho government also approved the board...Read More
Critical Elements Corporation (TSX-V: CRE) (US OTCQX:CRECF) has completed its pilot plant program at the Outotec Research Centre, where the company is successfully converting spodumene concentrate from the Rose Project into battery grade lithium hydroxide using a thermal leaching process.The company reports the pilot plant conversion process yielded extraction rates of up to 93%, surpassing the...Read More
Critical Elements Corporation (TSX-V: CRE) (US OTCQX:CRECF) has completed its pilot plant program at the Outotec Research Centre, where the company is successfully converting spodumene concentrate from the Rose Project into battery grade lithium hydroxide using a thermal leaching process.The company reports the pilot plant conversion process yielded extraction rates of up to 93%, surpassing the...Read More
An Arizona prospector realizes he's lucky to be alive after surviving nearly three days at the bottom of an old abandoned gold mine shaft in the Arizona desert and staring down rattlesnakes.Read full newsRead More
PHOENIX (AP) - An Arizona prospector realizes he's lucky to be alive after surviving nearly three days at the bottom of an old abandoned gold mine shaft in the ArizonaRead full newsRead More