Indian steel prices will face pressure in the upcoming fiscal year as local mills grapple with cheaper imports from China and rising risks from aggressive tariff policies, Fitch Ratings said on Tuesday. The agency reduced its headroom for ratings upgrades ...
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How AI is Transforming Drilling and Blasting in Mining
Image rights: superpit.com How AI is Transforming Drilling and Blasting in Mining Drilling and blasting are among the most significant cost drivers in mining operations, accounting for up to 30% of total operational expenses. Beyond the direct costs of explosives ...
How can flyrock be controlled?
Image rights: https://dailytimesng.com/group-kicks-rock-blasting-residential-areas/ Definition “Flyrock” means rock that is thrown through the air because of blasting. Flyrock is an integral part of blasting that needs to be properly controlled. If flyrock is uncontrolled the rocks, which can travel significant distances, ...
Unveiling the difference between junior and senior mining companies.
Image rights: Istock (Website: 19,703 Open Pit Mine Stock Photos, Pictures & Royalty-Free Images – iStock) Understanding the nuanced differences between senior and junior mining companies is paramount for investors seeking to navigate the intricacies of the mining industry. While ...
How do mining companies manage financial risk?
Image rights: Unsplash Introduction Mining projects, characterized by their substantial capital requirements and long-term horizons, are inherently risky. Effective financial risk management is crucial for ensuring the viability and profitability of these projects. This article explores the various financial risks ...