Aug 1 (Reuters) – Gold prices held steady on Friday, but is poised for a third consecutive weekly loss pressured by a stronger dollar and diminished expectations for U.S. rate cuts, while uncertainty from U.S. tariffs on trading partners offered support. Spot gold was steady at $3,288.89 per ounce, as of 0733 GMT. Bullion is […]
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China 2025 copper output set to hit record high despite feedstock shortages
Mining Doc
BEIJING, Aug 1 (Reuters) – China’s refined copper output is set to hit a record high in 2025, analysts say, as its giant smelting sector powers through a global shortage of copper ore that is forcing some overseas competitors out of business. Refined copper production in China, which already accounts for more than half of […]
Gold firms as dollar eases in run-up to Fed verdict
Mining Doc
Gold prices inched higher on Wednesday, helped by a slight pullback in the dollar as investors awaited the Federal Reserve’s policy decision and comments that could offer more cues on the timing of the U.S. central bank’s next moves. Spot gold was up 0.2% at $3,331.03 per ounce, as of 0828 GMT. U.S. gold futures […]
Contribution of mining to GDP, employment, and international trade
Mining Doc
Mining extracts useful materials from the earth. Although mining provides many valuable minerals, it can also harm people and the environment. This can involve various methods of extraction, including surface and underground mining techniques, and the processing of the raw materials. The extracted materials, such as metals, coal, and gemstones, are then used in numerous industries. […]
Let’s talk about Côté Gold project
Mining Doc
Côté Gold is located in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It is approximately 25 km southwest of Gogama, 125 km southwest of Timmins, and 175 km northwest of Sudbury. The mine is accessible year-round via Highway 144 which runs north-south 5 km to the east. The Côté Gold properties […]
Factors affecting pit walls design
Mining Doc
In mining, the pit wall refers to the sloped sides of an open pit mine. These walls are the exposed rock or earth surfaces that form the boundary of the pit excavation. The pit walls are typically designed as stepped or terraced slopes to maintain stability and safety during mining operations. The inclined sections of the pit […]
US prioritizes recovery of critical minerals from mine waste
Mining Doc
WASHINGTON (Reuters) -The U.S. Interior Department on Thursday took steps to increase recovery of critical minerals, used in everything from electric vehicles to high-tech weapons, from mine waste, coal refuse, tailings and abandoned uranium mines. Interior Secretary Doug Burgum directed his department to streamline federal regulations on the recovery of the minerals such as rare […]
Rio Tinto and ENAMI sign binding agreement for Salares Altoandinos lithium project in Chile
Mining Doc
Rio Tinto and Empresa Nacional de MinerÃa (ENAMI), a state-owned Chilean mining company, signed a binding agreement to form a joint venture to develop the Salares Altoandinos lithium project in the Atacama region. The signing follows a 23 May announcement of Rio Tinto’s nomination as the preferred partner for the project. As previously announced, Rio […]
Safety measures in blasting
Mining Doc
Handling explosives is inherently hazardous, making blasting safety critical to preventing disaster and ensuring successful outcomes. Effective blasting safety requires continuous risk assessment, control, monitoring, and management throughout every phase, from site preparation to post-blast clean-up. Every member of the blasting team must be fully aware of the associated risks and consistently use appropriate personal […]
Rio Tinto releases second quarter 2025 production results
Mining Doc
13% CuEq production uplift for Q2 YoY, and 6% for H1, as we execute our strategy Rio Tinto Chief Executive Jakob Stausholm said: “We delivered excellent operational performance from our mine operations with record production from our bauxite business and from Oyu Tolgoi as it ramps up to become the world’s fourth largest copper mine […]