The rally in European stocks paused on Thursday, with the FTSE 100 dragged down by banking shares, while investors weighed up the risk of a market correction. Wall Street hit fresh record highs in the previous session, as investors bet on gains in technology stocks, despite a U.S. government shutdown leaving traders without some key economic […]
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Gold holds above $4,000; silver hits $50 milestone
Mining Doc
Gold prices held above $4,000 an ounce on Thursday as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate cuts sustained bullish sentiment towards the metal. Silver hit the $50 psychological level for the first time, bolstered by gold’s record-breaking rally, growing investor demand and a supply […]
What critical minerals are on China's export control list now?
Mining Doc
BENGALURU/BEIJING, October 9 – China on Thursday expanded it export controls over rare earths and related technology in a move to further tighten its grip and dominance on the critical minerals key to the energy transition. Five more medium to heavy rare earth elements – holmium, erbium, thulium, europium and ytterbium – and related material will be […]
The role of hedging strategies in managing commodity price risk
Mining Doc
Introduction Hedging is a risk management strategy to offset the risk of loss in an existing investment by taking an opposite position in a related asset or derivative, like an option or futures contract. Hedging strategies are essential tools for managing the inherent price volatility in commodity markets. They act as a form of insurance, […]
The impact of scale of operation on unit mining costs
Mining Doc
Introduction The scale of operation significantly impacts unit mining costs, primarily through the principle of economies of scale. In essence, as the size of a mining operation increases, the cost to produce each unit (e.g., a tonne of ore or an ounce of a mineral) tends to decrease. However, this relationship is not limitless and […]
Utilization of iron ore waste and tailings in concrete
Mining Doc
This article was originally written by (Ram Chandar et al., 2022). Concrete is one of the most basic and critical components for any type of construction and plays an important role in building the nation’s infrastructure. Concrete is a composite material which is composed of coarse and fine aggregates embedded in a matrix and bound […]
Utilization of mine waste as backfill
Mining Doc
This article was originally written by (Ram Chandar et al., 2022). Waste rock and mine tailings are extensively used in the backfilling of underground mined out areas; this could help in decreasing the amount of land used for mining activity and reduce the environmental impact (Lu & Cai, 2012). The process of back filling involves […]
Mining’s Talent Crisis: Yesterday’s Warnings, Today’s Reality, Tomorrow’s Challenge
Akin Fadare, PMP®
For decades, the mining industry has been warned about its growing talent problem. Three reports — spread across three eras — paint a clear picture of where we’ve come from, where we stand, and where we may be heading. Yesterday’s Warning: McKinsey (2003) In 2003, McKinsey surveyed mining leaders worldwide. The results were stark: 71% […]
Scoping Study Confirms Outstanding Potential of Kokoseb Gold Project
Mining Doc
Wia Gold Limited (ASX: WIA) (Wia or the Company) is pleased to announce the completion of a Scoping Study (or Study) for the 2.93 Moz Kokoseb Gold Project (Kokoseb or Project) in Namibia. The Study provides an evaluation of the technical and economic viability of developing Kokoseb into Namibia’s fourth modern gold mine. The Study […]
Lotus commences resource infill drilling for the world-class Letlhakane Uranium Project’s Pre-Feasibility Study
Mining Doc
A fresh drilling phase has begun at Lotus Resources Limited’s Letlhakane Uranium Project in Botswana. The purpose of this drilling is to improve the current Mineral Resource Estimate and produce metallurgical test samples for a Pre-Feasibility Study that is planned for the second half of 2026. Highlights Infill drilling has commenced at Lotus’ world-class Letlhakane […]