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 […]
Mining Blogs
Explore a wealth of knowledge with our mining articles and blogs. Stay informed with these articles and blogs, covering various topics from technology to sustainability and many more.
Mining Doc Latest Articles
Congo's export ban not enough to clear the cobalt glut
Mining Doc
The Democratic Republic of Congo’s four-month suspension of cobalt exports is a sign that even the world’s largest producer is now feeling the pain of historically low prices. The news has given the cobalt market a fillip and the impact is already rippling through the supply chain with one Congolese operator, Eurasian Resources Group (ERG), […]
Singapore iron ore rises on optimism for increased China demand.
Mining Doc
Singapore iron ore futures rose on Tuesday, driven by expectations of increased demand as steelmakers in the northern region of top consumer China are set to resume production following the conclusion of the annual parliament meeting. However, gains were capped by concerns over escalating global trade friction stirred by the latest tariffs by U.S. President […]
Digital Miner's Wrench!
SofvieOur latest blog explores the innovative spirit of miners and how technology like sofvie is empowering them to create safer, more productive workplaces. https://sofvie.com/blog/the-innovative-spirit-of-miners hello@sofvie.com for more information!
Relying solely on NPV for mining asset valuation leads to consistently poor decisions.
Mining Doc
You might say that any form of valuation analysis is imprecise and at best directional. Many other factors go into the decision-making process. The real issue is the mining financial sector’s reluctance to adopt advanced methods. There’s too much “black box” thinking. The mining industry has long leaned on Net Present Value (NPV) for investment […]
How much does it cost to run a mining project?
Mining Doc
The cost of running a mining project can vary significantly depending on several factors including the type of mining (e.g., surface or underground), the size and location of the project, the commodity being mined (e.g., gold, copper, coal), and the technology and equipment used. Here are the key components that contribute to the cost: Exploration […]
Why is a Feasibility Study Important in Mining?
Mining Doc
During your prospecting projects, you may reach a certain point where you have the need to complete a feasibility study. If you’ve never been to this stage of the mineral exploration process before, you may be wondering what, exactly, a feasibility study is and why it is important in mining. WHAT IS A MINING FEASIBILITY […]
Why is a Feasibility Study Important in Mining?
Mining Doc
During your prospecting projects, you may reach a certain point where you have the need to complete a feasibility study. If you’ve never been to this stage of the mineral exploration process before, you may be wondering what, exactly, a feasibility study is and why it is important in mining. WHAT IS A MINING FEASIBILITY […]
Rio Tinto to invest $1.8 billion to develop Brockman iron ore mine in Pilbara
Mining Doc
Rio Tinto said on Thursday it will invest $1.8 billion to develop its Brockman Syncline 1 iron ore project in the Pilbara region of Western Australia. The world’s largest iron ore producer said the project has obtained the required approvals from both state and federal governments, and is now on track to begin producing its […]
Global aluminium producer seeks Q2 premium of $260/T from Japan buyers, sources say
Mining Doc
A global aluminium producer has sought a premium of $260 per metric ton from Japanese buyers for April-June primary metal shipments, up 14% from the current quarter, two sources directly involved in pricing talks said this week. Japan is a major Asian importer of the metal and the premiums for primary metal shipments it agrees […]