Mining Stocks Archives - Page 144 of 157

WednesdayNov 11, 2020 2:30 pm

Mining Firms Step Up Automation as Pandemic Drags On

A new study shows that roughly 20% of individuals who are currently working in the natural resources sector, i.e. metals and mining industries, are at risk of being replaced by automatons. This comes at a time when most firms are moving toward automated machinery, with many adopting automation as a way to work around the ongoing coronavirus-related restrictions. According to the latest “Future of Jobs” report by the World Economic Forum, 79% of mining firms are speeding up the adoption of tools such as video conferencing and the digitization of work processes. Of this 79%, more than 26% of the…

TuesdayNov 10, 2020 2:30 pm

Motorola Unveils Next-Gen Radio for the Mining Sector

With the ever-growing data that needs to be managed, the increasing demand to do more with limited resources and the current global pandemic, the natural resources sector has a lot to deal with. Siloed devices and systems that don’t communicate with each other only add more to the demand. Frontline workers require crucial technology to manage their everyday tasks effectively. These tools have to be flexible enough to help them connect with a wider ecosystem of technologies,without any hitches. To help with this, Motorola Solutions will launch its next-generation TETRA device, a terrestrial trunked radio. The device, MXP600, will meet…

MondayNov 09, 2020 3:30 pm

China Bans Copper Imports from Australia

A recent report by Bloomberg shows that China has instructed its traders to stop purchasing more than seven different Australian commodities including lobster and wine, timber, sugar, copper ore and concentrate, barley and coal. Canberra and Beijing have been in a geopolitical dispute since April after Australia demanded an international inquiry be made into the origins of the coronavirus pandemic. The “South China Morning Post” aired reports suggesting that sugar and copper exports into China from Australia will be stopped. This is after the country banned a shipment of barley from an Australian grain exporter and timber imports from Queensland.…

FridayNov 06, 2020 3:00 pm

Covid-19 Containment Measures Expected to Trigger Slump in Gold Supply

Most experts expect roughly a 1.7% decrease in the total output of gold worldwide this year. This is largely because of mines shutting down, mainly during the second quarter of 2020 because of coronavirus restrictions. A reduction in production levels from nearly all top global producers is also expected in 2020 because of the pandemic and the resulting lockdowns that affected several important markets such as South Africa. Strangely enough, the price of gold is at an all-time high now and has been since August. The rate is $2,000 per ounce, thus supporting profit growth for several gold miners. This…

ThursdayNov 05, 2020 2:30 pm

Batteries Among Top Twitter Mentions in 2020’s Third Quarter

GlobalData’s Influencer Platform recently revealed that batteries are among the top terms tweeted in trending mining industry discussions by influencers on Twitter. Below are the top five terms tweeted with regard to battery minerals this year. Batteries In the third quarter of this year, the launch of a zero-carbon lithium project in Germany, the need for electric vehicles in India and Tesla’s plan to construct a plant for producing batteries were a few of the most discussed topics with 1,501 mentions combined. Lithium and battery expert Dirk Harbecke noted that Tesla announced plans to manufacture its own batteries in Germany.…

WednesdayNov 04, 2020 3:00 pm

Benefits of Onsite Training in Mining Sector

To keep operations on your mining site running without hitches, you need up-to-date training for your workers. Onsite training allows mine technicians to stay updated in a digital age that is constantly evolving and equips them with knowledge that allows them to understand how various equipment works. This training is in addition to essential training on how equipment should be used and how to use it optimally. The following are a few benefits of onsite training. Simpler compliance All businesses in the industry have to comply with operating and safety standards. Onsite training ensures that businesses can meet these requirements…

TuesdayNov 03, 2020 3:24 pm

Josemaria Resources Inc. (TSX: JOSE) (OTC: JOSMF) Is ‘One to Watch’

Josemaria Resources (TSX: JOSE) (OTC: JOSMF) is a Canadian natural resources company based in Vancouver, British Columbia. The company’s current focus is on advancing the development of its wholly owned Josemaria copper-gold mining project. Josemaria Resources is part of The Lundin Group of companies, a conglomerate of 13 business entities operating in the mining, oil and gas and renewables sectors all around the world. The Josemaria Copper-Gold Project The company’s flagship Josemaria Copper-Gold Project is located in the San Juan Province of Argentina – a well-known mining hub supporting a wide variety of mining service companies. The Lundin Group has been active…

TuesdayNov 03, 2020 2:55 pm

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) May Help Bring Revitalization to the Mining District

Mining district in Chile has been in sharp decline, hit particularly hard in 2020 Government supports revitalization, has proposed a series of tax breaks for investors GOH drilling program anticipated to begin in January 2021 Formerly known as Altum Resources Corp, GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF) is a Canadian junior exploration company active in the Maricunga Gold Belt of Northern Chile. The company has entered into agreements to acquire seven promising gold projects. The company’s goal is to identify and capitalize on valuable precious metal projects in mineral-rich districts with stable political jurisdictions. In April 2020, GoldHaven entered into an…

TuesdayNov 03, 2020 2:00 pm

Mining Forum Takes Stock of Covid-19 Effects on Gender Equality, Climate Action

Speakers at the annual general meeting of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development discussed the challenges that faced the mining sector during the virtual event. They also discussed opportunities that would facilitate the transition into a mining sector that was more sustainable and how to achieve the sustainable development goals. Participants of the forum addressed coronavirus-related loss of employment in the mining community as a result of reduced worker mobility and border closures, as well as safety and health concerns and the increase in food insecurity and poverty. The discussions also covered technological innovation, resource taxation,…

MondayNov 02, 2020 2:00 pm

China’s Ambitious Infrastructure Plan Will Grow Metals Demand

A report revealed that China’s advancement of its new infrastructure plan, which involves beneficiation, will increase the production of high-end metals. The focus on advanced infrastructure has been more active after the decrease in economic activity as a result of the coronavirus pandemic and the heightened tensions between China and the United States. The report predicts that this infrastructure plan will work together with other industrial policies in China, such as China Standards 2035 Plan and Made in China 2025. These reflect the country’s ambitious strategy that will enable it to become a global leader in innovative and high-tech industries…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000

Category: Mining Stocks