Mining Blogs

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 and drilling equipment, inefficiencies in these processes lead to downstream complications, including increased crushing and […]

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, pose a risk to persons involved with blasting as well as anyone else around the […]

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 senior miners offer stability, dividends, and a diversified production base, juniors present the allure of […]

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 associated with mining projects and outlines strategies for managing these risks. Key Financial Risks in […]

Shift changes in underground mining operations are critical periods of time that can significantly impact productivity, safety, and efficiency. Shift changes lay the foundation for each working day and issues here can make or break a shift. Due to the unique challenges of working in ever-deepening, confined and often hazardous environments, managing shift changes in […]

Image rights: Simandou deposit, Guinea. (Image courtesy of Rio Tinto.) 13 worker deaths reported at Simandou since June 2023, sources and documents say Some safety guidelines not implemented, according to sources and accident reports Project prioritizes schedule over safety, some sources say Guinea is investigating safety issues at the mine, minister says Chinese consortium says it […]

Image rights: Istock The cost of aluminium and steel in the United States hovered near recent peaks on Wednesday after U.S. tariffs of 25% took effect and sparked retaliation from Canada and Europe. Traders have been ratcheting up U.S. prices of the widely used industrial metals since U.S. President Donald Trump took office after a […]

Many investors are interested in the mining and metals sector but struggle with how to properly value these companies. Unlike typical stocks, miners have unique attributes that require a different framework for valuation. This article will provide a step-by-step guide for investors on how to value mining companies based on their resources, costs, gold price […]

The payback period is the time required for the cumulative net cash flows of a project to equal the initial investment. It is usually expressed in years or months. The net cash flow of a project is the difference between the cash inflow (revenue) and the cash outflow (costs) in each period. The initial investment […]

Introduction A form of financing. In its simplest form the royalty company provides the mine operator with an upfront payment and in return receives a percentage of revenue generated from production at the mine (What Is a Royalty?, n.d.). Mining royalties are paid to the government and landowners for mineral extraction rights. These payments ensure that […]