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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 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 […]

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 […]

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 […]

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 […]

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 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 […]

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 […]

Introduction Factor of Safety (FoS) is the most common quantitative measure of a slope’s stability. The most widely used definition for slope stability FoS is that it is the ratio of the shear strength of the soil to the shear stress required for equilibrium (Duncan, 2000). The safety factor is an important parameter that needs […]

LONDON, Feb 28 (Reuters) – Ukrainian President Volodymyr Zelenskiy is set to meet with U.S. President Donald Trump today to sign a critical minerals deal as a way of securing continued U.S. backing in the war against Russia. It initially started as a rare earths deal before someone realised that Ukraine doesn’t actually have too […]

SINGAPORE, March 3 (Reuters) – Iron ore futures fell for a sixth straight session on Monday amid rising trade tensions between the U.S. and top consumer China, outweighing upbeat Chinese manufacturing data. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 2.81% lower at 779.5 yuan ($106.91) a metric […]

Image source: https://commons.wikimedia.org/wiki/File:Uniaxial_Compressive_Strength_%28UCS%29_%28Survey_of_India,_NGF%29.jpg Introduction A rock sample’s hardness is its fundamental quantitative engineering characteristic. When using numerical studies in rock mechanics, it is crucial to evaluate the strength and deformability of the rock mass. The greatest axial force that a sample can sustain without experiencing lateral loading is described by the geomechanical rock parameter known […]

Introduction In underground mines, ventilation systems play a crucial role in ensuring worker safety and operational efficiency. The accumulation of methane, carbon monoxide, oxygen deficiency, coal dust, and other gases can lead to explosions and fires. To prevent such hazards and to guarantee that mining operations occur under safe conditions, it is essential to establish […]