Portland Stone Firms are about to go underground

MINEX FORUM | September 19, 2017
img0 Used in the construction of some of the world’s most elegant landmarks, Portland stone is renowned. But after centuries of being quarried, surface reserves are dwindling, leading the only two licensed extraction firms to turn to mining instead. Mining-technology.com reports on how the transition underground is being made. What do such seemingly disparate edifices, both ...

Copper mine production decreased by 3% during the first five months of 2017

MINEX FORUM | August 21, 2017
img0 Global copper mine output was 3% lower year-on-year during the first five months of 2017, according to the latest data from the International Copper Study Group (ICSG). Concentrate production declined by around 2.5% and solvent extraction-electrowinning (SX-EW) declined by around 4.5%? said miningweekly.com. The Lisbon-based think tank attributed the decline in world mine production mainly to a 10%, or 220 000 ...

Fed rate presses gold

MINEX FORUM | December 16, 2016
img0 Image: imgur.com The long-anticipated interest rate increase by the  has had the predicted impact on gold. The U.S. central bank announced it is raising interest rates by a quarter percentage point, bringing the target range for the federal funds rate to between 0.5% and 0.75%. In a press conference following the decision by the Federal Open Market Committee ...

On 4th October Master classes will open the technical program of MINEX Russia 2016

MINEX Forum | September 19, 2016
img0 The Master class “Innovative technologies for steep incline and vertical conveying in the mining sector – What are the factors for success?” organised by ContiTech will open the day’s programme which will include four master classes, round table lunch and networking evening drinks. The ContiTec’s master class will be led by Thomas Neumann, Head of ...