- published: 22 Sep 2017
- views: 3229
The mining sector is in a ‘good spot’ right now, so much so that PDAC president Glenn Mullan says he’s ready to stop being ‘cautiously optimistic.’ Instead, he sees a positive outlook for the sector this year and beyond. ‘Right now is actually a very interesting time [for mining] — in a positive way,’ he told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek, Colorado. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitte...
Mine is PwC's annual review of global trends in the mining industry. In our latest report we found that 2015 was a race to the bottom with many new records set by the world's 40 largest mining companies including the first ever collective net loss and market capitalisation reduction of 37%. To read the report visit www.pwc.com.au/mine-2016
The Mining industry is facing an interesting future with growing demand as well as severe challenges. Being traditionally a labor-intensive industry, the trend now is to vastly increase the level of automation.
Mining Capital's Alastair Ford discusses International Relations with Russia ahead of Presidential elections. “The Russian business climate itself in miserable statistical terms isn’t too badly off but I think the sentiment – will investment dollars from the rest of the world be flowing into Russia at the moment – that seems unlikely.” Ford also speaks about the changing US approach to Free Trade with a focus on critical minerals. “The thing about the Americans is that they’ve actually set up probably the most efficient global free trade network ever created and now they’re trying to shut it down, and they’re worried that they’re not going to get the raw materials and the commodities they need to operate an economy on their own, so it’s quite a paradoxical situation.”
Africa contains an estimated 30 per cent of the world's mineral resources. Natural resources have accounted for about 35 per cent of Africa's growth since 2000. Nonetheless, international investors and mining companies remain cautious, owing to Africa's never-ending challenges, including a lack of infrastructure, power and political instability, to name a few. On this CNBC Africa special we look back at 2016 and what trends we may see this year.
Iranians are a people sitting atop underground resources from petroleum to minerals. Mines come in a close second after gas and oil in Iran. Iran holds beneath its soil, over 68 various types of non-petroleum based, mineral resources, which in aggregate absolute weight stand at roughly 27 billion MT with a potential weight of up to 57 billion MT as it’s been estimated. This situation has put Iran on the list of the 15 wealthiest countries, when it comes to mining reserves. Plus, some 11% of the world’s proven petroleum reserves and 18% of its proven gas reserves belong to Iran. It’s true that the oppressive sanctions against Iran have thwarted Iran’s economic plans but mining activity has been going on in the country over all these sanction-ridden years, so much so that there are current...
Kenya is sitting on a gold mine and that is the mining sector. A geological survey by a London company reports that Kenya has presence of at least 20 minerals but only a few deposits have been quantified beyond gold, copper, coal and iron ore that have been named. Gemstones like tanzanite and ruby stones are some of them. Just what will it take to get the mining industry booming? Watch KTN Live http://www.ktnkenya.tv/live Watch KTN News http://www.ktnnews.com Follow us on http://www.twitter.com/ktnkenya Like us on http://www.facebook.com/ktnkenya
New Oil & Mining Sector - Cities Skylines Gameplay - EP 21 Welcome to Camodo Gaming's Let's Play of Cities Skylines EP 21. Today we build a new industrial sector on the map. These are going to be for the mining and oil industry. We also work on some traffic issues in downtown. Episode 21: https://www.youtube.com/watch?v=4D4l8TFfGo0 Cities on Steam: http://store.steampowered.com/app/255710/ About This Game Cities: Skylines is a modern take on the classic city simulation. The game introduces new game play elements to realize the thrill and hardships of creating and maintaining a real city whilst expanding on some well-established tropes of the city building experience. From the makers of the Cities in Motion franchise, the game boasts a fully realized transport system. It also incl...
Most analysts agree Australia’s economy is weathering the end to a decades-long mining boom.But a new study shows that is not the case in the country’s ailing mining sector, where the unemployment rate has now skyrocketed to nearly 3 times the national average. CCTV’s Greg Navarro filed this report from Sydney.
Africa's biggest gold miner, AngloGold Ashanti, is planning to retrench eight-thousand-500 mine workers as part of its restructuring of its South African business. The world's third largest gold miner has started talks with unions to cut its workforce by a third as some gold mines have reached the end of their economic lives. The mining industry has been bleeding jobs since 2012. According to Stats SA, almost 50,000 jobs were lost between 2012 to 2015, mostly in the gold and platinum sectors. For more news, visit: http://www.sabc.co.za/news
We caught up with Owen Hegarty, Executive Chairman of EMR Capital at the 2017 International Mining and Resources Conference IMARC. Where he shared his outlook for the mining sector in 2018. IMARC returns to the Melbourne Convention & Exhibition Centre 29 October - 1 November 2018. For more information please visit http://imarcmelbourne.com/
In this video Goutam Chakraborthy, Research Analyst from Emkay Global Financial Services Ltd, shares an outlook on Metals and Mining sector. He primarily talks about consumption(Supply) and demand trends in ferrous (Steel) sector and various reasons behind the high demand trend in this sector. He also talks about mining sector and gives top picks amongst this sector. Disclaimer : http://192.168.51.74/FileUpload/rptExtension.aspx
Honing India's Mining Skills
Tanzanian president John Magufuli has directed the Controller and Auditor General to conduct an in depth audit of the mining sector to plug out loopholes that occasion massive losses from the country's rich mineral reserves. Dr Magufuli issued the directives when receiving the CAG's report for the financial year ended June 30. The president also directed the Prime Minister to convene a joint meeting that will bring together all ministers, permanent secretaries of all ministries, Bank of Tanzania Governor and heads of public institutions. The report touches on critical areas such as central government, tax holidays, and revenues collection across the board, preparation and implementation of the National Budget, national debt, operations of public institutions including the utility firm, Ta...
Cape Town is preparing for the 2017 Mining Indaba. Industry players are wondering whether commodity prices will continue their upward trajectory. As Angelo Coppola explains, price fluctuations are not the only challenges confronting investors in commodities.
Help get investors up to speed on private placements and equity financings with this Crash Course in Equity Financing in the Mining Sector. Mining exploration is capital intensive. Showing investors the advantages of investing in a financing will help companies raise the necessary funds to explore, make discoveries, prove up resources, and launch mining operations. Check out the infogrpahic by our friends at Visual Capitalist at: http://www.visualcapitalist.com/equity-financing-mining-exploration-sector
Kenya is working to position herself as a more efficient destination for mining investment. A new Mining Act came into force in 2016, replacing mining legislation from 1940. However, it left controversial royalty rates enacted in 2013, firmly in place. One of the law's key features, is a split of revenues from mining royalties, among various governments, and communities in which the mines are located. CGTN's Ramah Nyang earlier spoke to Kenya's Cabinet Secretary in charge of Mining Dan Kazungu, for an update on the law's implementation. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
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Subscribe to our channel http://bit.ly/AJSubscribe Subscribe to our channel http://bit.ly/AJSubscribe A Canadian mining company stands accused of violating human rights and damaging the environment in Guatemala. As the price of gold has rocketed amidst global economic uncertainty, Goldcorp argues it is sharing its record revenues with an impoverished community by providing jobs and economic development. The company owns the Marlin mine in Guatemala, which was opened in 2005 despite the objections of indiginous communities. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 ...