ANZ on Thursday forecast gold would reach $4,400 per ounce by the end of 2025, driven by mounting geopolitical, economic, and financial uncertainties alongside expectations of Federal Reserve monetary easing. ANZ anticipates gold will peak near $4,600 per ounce by June 2026, followed by a gradual decline in the second half of 2026 as the […]
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Shares of rare earths miners rise after China tightens export controls.
Mining Doc
Shares of rare earths miners rose in morning trade on Thursday after China tightened export controls on metals crucial to the weapons and electronics industries, aiming to limit shipments to overseas defense firms and semiconductor users. The announcement follows U.S. lawmakers’ call for broader bans on the export of chipmaking equipment to China and expands on […]
European stock rally pauses, gold holds above $4,000.
Mining Doc
The rally in European stocks paused on Thursday, with the FTSE 100 dragged down by banking shares, while investors weighed up the risk of a market correction. Wall Street hit fresh record highs in the previous session, as investors bet on gains in technology stocks, despite a U.S. government shutdown leaving traders without some key economic […]
Gold holds above $4,000; silver hits $50 milestone
Mining Doc
Gold prices held above $4,000 an ounce on Thursday as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate cuts sustained bullish sentiment towards the metal. Silver hit the $50 psychological level for the first time, bolstered by gold’s record-breaking rally, growing investor demand and a supply […]
What critical minerals are on China's export control list now?
Mining Doc
BENGALURU/BEIJING, October 9 – China on Thursday expanded it export controls over rare earths and related technology in a move to further tighten its grip and dominance on the critical minerals key to the energy transition. Five more medium to heavy rare earth elements – holmium, erbium, thulium, europium and ytterbium – and related material will be […]
The role of hedging strategies in managing commodity price risk
Mining Doc
Introduction Hedging is a risk management strategy to offset the risk of loss in an existing investment by taking an opposite position in a related asset or derivative, like an option or futures contract. Hedging strategies are essential tools for managing the inherent price volatility in commodity markets. They act as a form of insurance, […]
The impact of scale of operation on unit mining costs
Mining Doc
Introduction The scale of operation significantly impacts unit mining costs, primarily through the principle of economies of scale. In essence, as the size of a mining operation increases, the cost to produce each unit (e.g., a tonne of ore or an ounce of a mineral) tends to decrease. However, this relationship is not limitless and […]
Utilization of iron ore waste and tailings in concrete
Mining Doc
This article was originally written by (Ram Chandar et al., 2022). Concrete is one of the most basic and critical components for any type of construction and plays an important role in building the nation’s infrastructure. Concrete is a composite material which is composed of coarse and fine aggregates embedded in a matrix and bound […]
Utilization of mine waste as backfill
Mining Doc
This article was originally written by (Ram Chandar et al., 2022). Waste rock and mine tailings are extensively used in the backfilling of underground mined out areas; this could help in decreasing the amount of land used for mining activity and reduce the environmental impact (Lu & Cai, 2012). The process of back filling involves […]
Scoping Study Confirms Outstanding Potential of Kokoseb Gold Project
Mining Doc
Wia Gold Limited (ASX: WIA) (Wia or the Company) is pleased to announce the completion of a Scoping Study (or Study) for the 2.93 Moz Kokoseb Gold Project (Kokoseb or Project) in Namibia. The Study provides an evaluation of the technical and economic viability of developing Kokoseb into Namibia’s fourth modern gold mine. The Study […]