Russia’s Nornickel company working on drones for mines monitoring

MINEX Forum | April 12, 2018
img0 The Norilsk Nickel Company plans to make an unmanned aerial vehicle, which could move independently inside mines, the company’s representative Levon Kirakosyan told reporters at during an IT show. “We have tried using a drone under the ground without GPS communication,  we have recorded test videos, and now we understand certain aspects of controlling a ...

Mining Ukraine: as strikes hit hard what lies ahead for a mega-coal miner?

MINEX Forum | April 12, 2018
img0 Coal miners in Ukraine have once again been on strike, with thousands of state-owned Selidivvugillya’s workers downing tools in protest against unpaid wages. With millions of dollars of wage arrears building up, fears are growing for the sustainability of the coal industry and the thousands it supports. Could this permanently affect coal mining in Ukraine? ...

Turkey unveils fresh incentives to boost investment

MINEX Forum | April 12, 2018
img0 ANKARA President Recep Tayyip Erdogan announced Monday a new set of economic incentives to encourage more investment in the country. “The system will provide incentives to firms in several areas including health, defense, automotive, and mining and metal sectors,” Erdogan told a meeting in the capital Ankara. He said the new set of incentives worth 135 ...

Victory Resources Corp. announces expansion

MINEX Forum | April 12, 2018
img0 Victory Resources Corp. (TSX – V: VR) (FWB: VR61) (OTC PINK: VRCFF) (“Victory” or the “Company”) is pleased to announce that the Company has begun extensive scoping surveys and due diligence on battery mineral exploration and near-term production permits in Spain. In conjunction with the scoping survey the company has retained Taipan Consulting International and ...