In a note released on Monday, Citi Research increased its three-month prediction for gold prices, citing potential additional deterioration in the US labour market, Federal Reserve interest rate decreases, and physical and ETF purchases. In addition to stating that its six- to 12-month projection is $3,000, the bank raised its three-month gold price outlook from […]
Mining Doc Latest Articles
The key minerals in an electric vehicle
Mining Doc
Picture credit: Paola Rojas A lithium-ion battery, which powers almost all electric vehicles (EVs), is dependent on a number of essential minerals. To maintain the flow of electrical current, certain minerals form complex components inside the cell. Others shield it from external harm by accident. Key Minerals in EV Batteries Lithium: A crucial component of […]
Cornish Lithium Unveils UK’s First Low-Emission Lithium Demonstration Plant
Mining Doc
Cornish Lithium has launched the UK’s inaugural low-emission lithium hydroxide Demonstration Plant, marking a key advancement in the nation’s transition to clean energy by 2030. This facility is part of the Trelavour Hard Rock Project in Cornwall, which aims to reduce the UK’s reliance on carbon-heavy imported lithium by extracting this essential mineral sustainably within […]
Metso expands the MX wear parts offering to large cone crushers with MX for cones
Mining Doc
Metso announces the launch of MX for cones, designed to maximize wear parts lifetime in secondary cone crushing applications for mining and quarry operators worldwide. MX for cones is commercially available immediately. “MX for cones represents another step forward in the MX offering, addressing customer demand for hard-wearing solutions to reduce frequent parts change-outs. This […]
Drones in mining: the uses, challenges and benefits
Mining Doc
Introduction Drones are Remotely Piloted Aerial Systems (RPAS) or Unmanned Aerial Vehicles (UAVs) that can be operated by a pilot on the ground or with the aid of technology. Almost every economic sector, including agriculture, mining, infrastructure, surveillance, emergency response, transportation, geospatial mapping, defence, and law enforcement, can profit greatly from drones. Because of their […]
Barrick discloses a third-quarter preliminary gold output that is below expectations.
Mining Doc
Image courtesy: istock Barrick Gold, the world’s second-largest gold producer, reported lower-than-expected gold production for the third quarter. The decline was mainly attributed to reduced output at the Carlin and Cortez mines in Nevada, which are part of Barrick’s joint venture with Newmont, Nevada Gold Mines. While production at Nevada Gold Mines dipped slightly, Barrick […]
Barrick discloses a third-quarter preliminary gold output that is below expectations.
Mining DocBarrick Gold, the world’s second-largest gold producer, reported lower-than-expected gold production for the third quarter. The decline was mainly attributed to reduced output at the Carlin and Cortez mines in Nevada, which are part of Barrick’s joint venture with Newmont, Nevada Gold Mines. While production at Nevada Gold Mines dipped slightly, Barrick is optimistic about […]
The effects of rock fragmentation on mine planning
Mining Doc
Picture from Istock Introduction The feasibility and efficacy of mining operations are determined in large part by the quality of rock fragmentation in mine design. A well-fragmented blast makes it simpler to load, haul, and crush materials, which shortens cycle times and boosts total operation productivity. Rock fragmentation significantly influences various aspects of mine planning, […]
Gecamines declares its first exports of germanium to Europe.
Mining Doc
Picture Credits: Gécamines offices in DRC’s capital, Kinshasa. Gecamines, the state-owned mining company in the Democratic Republic of Congo (DRC), announced on Monday that it will begin shipping germanium concentrates to Europe for the first time. The concentrates, produced at a newly established facility in Lubumbashi, will be sent to Umicore in Belgium for further […]
Global Lead Reserves 2023
Mining Doc
Lead is still widely used for car batteries, pigments, ammunition, cable sheathing, weights for lifting, weight belts for diving, lead crystal glass, radiation protection and in some solders. According to Bestmag, Global supply of refined lead metal exceeded demand by 92,000 tonnes in 2023, according to data from the International Lead and Zinc Study Group. The world’s cobalt […]