Artisanal and Small-Scale Mining (ASM) has become a major of revenue for millions of people in about 80 countries worldwide, with more than 100 million people currently depending on the activity for their livelihoods. But at what costs?
Tin Mining News
At least seven holes totalling 1500 metres are planned at the Ontario-based project.
Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.
Indonesia state-owned holding Asahan Aluminum, or Inalum, would grab a 41.64% stake in the local unit of Freeport, which increases its current ownership in it to 51%.
The colour properties of prehistoric copper alloys have largely been understudied. Until now.
After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.
The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.
The LME has sent a directive to all suppliers asking them to detail how they guarantee “responsible sourcing” of the commodities they trade in the exchange.
The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.
Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.
The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.
China's metals trade figures were once a spotlight on the state of the world's manufacturing engine and price driver.
The country's ultimate objective is to have its own space mining agency by the end of the year.
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
NFEx says in talks with several clearing houses
Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.
More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.
If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.
New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
The Indonesian unit is now in the process of obtaining a full export permit.
Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.
The new law, which will come into force in 2021, requires importers to ensure their business do not contribute to armed conflicts.
Successful water treatment trials could see final permits to restart Cornwall mine issued before the end of the summer says Vancouver junior Strongbow.
The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.
Majors and juniors swap roles in $7 billion a year mining exploration sector