Gold prices were steady on Thursday after hitting over one-month highs, as softer U.S. core inflation data lifted expectations that more rate cuts were still on the table, although news of a ceasefire accord between Israel and Hamas capped gains. Spot gold held its ground at $2,696.69 per ounce, as of 0733 GMT, after hitting […]
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Trump policy uncertainty lifts gold; US inflation data in focus
Mining Doc
Gold prices gained on Tuesday, buoyed by uncertainty surrounding U.S. President-elect Donald Trump’s policy plans and investor positioning ahead of crucial U.S. inflation data that will offer further insights into the Federal Reserve’s policy path. Spot gold rose 0.3% to $2,669.14 per ounce by 0741 GMT. U.S. gold futures gained 0.2% to $2,683.30. Gold prices […]
Radiometric (Gamma Ray) Method—Aeroradiometric Surveys
Mining Doc
The technique of measurement of natural radiation in the earth’s surface is called “radiometric method” (also known as Gamma ray spectrometry). This is a process in which the unstable atom becomes stable in the process of its nucleus. Energy is released in the form of radiation, viz., alpha, beta, and gamma rays. Radioactive uranium and […]
The Role of AI in Enhancing Sustainability in Mining
Mining Doc
The mining industry is increasingly turning to artificial intelligence (AI) to enhance sustainability, optimize resource usage, reduce waste, and minimize environmental impact plus a lot of other activities where it is beginning to help. AI technologies are revolutionizing various aspects of mining operations, from predictive maintenance to energy efficiency, making them more sustainable and efficient. […]
Gold on track for weekly gain on Trump uncertainty; US jobs report awaited
Mining Doc
Gold prices inched higher on Friday as uncertainty around U.S. President-elect Donald Trump’s policies firmed demand for bullion, while investors awaited a key jobs report to assess the Federal Reserve’s rate cut trajectory. Spot gold edged 0.2% higher to $2,675.49 per ounce as of 0725 GMT. Bullion has gained more than 1% so far this […]
Mining production enhanced by AI transformation
Mining Doc
This article is written by Stewart Townsend Have you ever wondered how artificial intelligence (AI) is revolutionizing the mining industry? Through AI-driven solutions, mining companies are unlocking new levels of productivity, efficiency, and safety. By harnessing the power of advanced analytics and machine learning, AI is transforming traditional mining practices and paving the way for […]
Gold inches lower as US yields, dollar rise on strong data
Mining Doc
Gold prices edged lower on Wednesday, pressured by higher U.S. Treasury yields and a stronger dollar after data suggested the Federal Reserve might slow the pace of rate cuts this year. Spot gold was down 0.2% at $2,645.64 per ounce, as of 0454 GMT. U.S. gold futures fell 0.3% to $2,658.60. “The dollar index bounced […]
Gold gains on softer dollar as market ponders Trump tariffs
Mining Doc
Gold prices rose on Tuesday, helped by a weaker U.S. dollar as traders pondered whether President-elect Donald Trump’s tariff plans would be less aggressive while awaiting U.S. jobs data to gauge the Federal Reserve’s interest rate trajectory. Spot gold was up 0.1% at $2,638.09 per ounce, as of 0754 GMT. U.S. gold futures rose 0.1% […]
Ethical and operational challenges in AI adoption in mining
Mining Doc
Introduction Robotics, and hence artificial intelligence, has been widely used in the mining industry in recent years. The automation of tasks is making considerable progress in the mining industry. This extensive use of AI is raising questions in the scientific community, particularly as regards the ethical and operational aspects. In today’s mines, effective decision-making is […]
What role does green hydrogen play in decarbonizing mining operations?
Mining Doc
Introduction Climate change remains a concern for every country on the planet. If we are to achieve our sustainable development objectives, we need to explore and evaluate all the technologies that stand out. Hydrogen (H2)-based technology stands out from the crowd. In this article, we look at the role hydrogen plays in reducing the carbon […]