Scientists are studying one of the most interesting raw material provinces in the world ”.
Scientists are studying one of the most interesting raw material provinces in the world ”. South African and German researchers are about to carry out scientific drilling in the Bushveld Complex, the largest mining area in the world. Her aim is to clarify several unsolved scientific questions related to the formation of the unique rock body and the associated mineral deposits. According to Freddie Roelofse, Associate Professor at […]
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Uganda is looking for investors from industrial nations to revive old mines
Uganda seeks investors from industrial nations to revive old mines Uganda intends to reopen closed mines with an estimated volume of 4 million tons of ore and invites international companies to submit offers for a production share. Formerly a major copper and cobalt producer, in the 1970s the Kilembe copper mine was taken over by the Canadian [...]
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The US is considering the direct purchase of strategic metals
US Consider Buying Strategic Metals Direct The White House is considering a proposal that would see the government buy uranium directly from US producers as it explores opportunities to revitalize the declining domestic mining industry. A working group set up by President Donald Trump to deal with this issue is currently examining an application from the nuclear industry for [...]
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Silicon Valley would not exist without mining
Silicon Valley would not exist without mining. We have all heard of Moore's Law: The number of transistors on a silicon chip doubles every two years. But who has heard of Moore's law in mining? Since 1920, labor productivity in the global mining industry has doubled every 14 years. It doesn't quite like [...]
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UK Supreme Court gave the go-ahead for the acquisition of Barrick's Acacia.
UK Supreme Court gave the go-ahead for the acquisition of Barrick's Acacia. Canada's Barrick Gold (TSX: ABX) (NYSE: GOLD) has been authorized by the High Court of Justice of England and Wales to acquire the outstanding issued shares that they have not yet acquired in Acacia Mining (LON: ACA). This gives the gold giant full control over the African miner. The […]
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Bolivia is catching up in the international lithium business
Bolivia is catching up in the international lithium business SALAR DE UYUNI, Bolivia: At over 3.600 meters above sea level on the dazzling white plain of the largest salt surface in the world, inland Bolivia, the production of lithium is drastically increased to meet the growing global demand for the valuable electro-metal cover up. Bolivia, one of the poorest countries in South America, lies on [...]
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ISE Lithium Market Report September 2019
Lithium Market Report September 2019 Lithium is the most coveted star in today's metal sky. Due to a worldwide rethinking towards electromobility, the demand for lithium in almost all of its forms has increased. Nevertheless, the lithium prices are stagnating or declining. The price pressure on lithium was caused by an overproduction by Chinese producers, which is currently a [...]
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Glencore & Volkswagen: When car manufacturers entered mining.
Glencore & Volkswagen: When the automobile manufacturers advanced into the mining industry. The inside report on how VW tried to buy up the cobalt market. In November of last year, executives of the car giant VW visited the Wolfsburg football stadium in Germany. The stadium is on the edge of a huge car complex that was built in the 1930s, complete with two power plants, [...]
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Mine strike in Peru, the world's second largest copper and zinc producer
Mine strike in Peru, the world's second largest copper and zinc producer, Peru's National Federation of Mining Workers, is calling for an indefinite strike to protest against the government's planned labor reform, which started slowly on Tuesday. The National Society of Mining, Petroleum, and Energy (SNMPE) called the operation a failure and said that the mines [...]
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The Hong Kong Stock Exchange is in a tough battle with a bid of 39 billion dollars for the London Stock Exchange.
The Hong Kong Stock Exchange is in an uphill battle with a $ 39 billion bid on the London Stock Exchange. LONDON - Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK) on Wednesday unveiled a $ 39 billion takeover plan for the London Stock Exchange Plc (LSE.L) (LSE.L) from investors who are To care […]
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