Catherine Early | China Dialogue Gold is the most valuable metal in a phone. One tonne of gold ore contains around 1-5 grams of pure gold – but a tonne of mobile phones contains upwards of 300 grams, explains Professor Jason Love. In fact, an estimated 7% of gold in circulation around the world is […]
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MEGAN VAN WYNGAARDT on MINING WEEKLY | 5 March 2018 “Metals prices have benefited from the improved global economy and from a recently weaker US dollar, in which most commodities are valued, with the Standard & Poor’s (S&P’s) GSCI reaching a two-year high on January 26, aiding the uptick in global exploration, the research firm’s […]
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MIA BREYTENBACH on MINING WEEKLY | 25 January 2018 “Gold prices are expected to average $1 360/oz and hit a 2018 peak of more than $1 500/oz later this year, according to research firm Thomson Reuters GFMS, which published its fourth-quarter Gold Survey on Thursday. The firm noted that the survey’s forecast discounts three federal […]
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A new technology may accelerate ore sorting by illuminating batches of ore with short pulses of radio waves, assessing ore grade and enabling high tonnage sorting at rates of up to 5,000 tons per hour. The technology uses sensors to sees through large ore batches in real time as they pass through an open-ended chamber. […]
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LUKE HUNT on THE DIPLOMAT | 26 December 2017 “Deep-sea mining is about to take an enormous step into the future. Off the coast of Papua New Guinea, in the Bismark Sea, the extraction of rich gold and copper deposits by a multinational group is promising high returns and they insist they are doing their […]
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REUTERS on MINING WEEKLY | 14 Dec 2017 “Electronic waste rose to a record 45-million tonnes worldwide in 2016, squandering valuable metals such as gold and copper since few trashed televisions, cellphones or other products get recycled, a UN-backed study showed on Wednesday. Rising incomes and falling prices for everything from solar panels to fridges […]
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HELEN DAVIDSON and BEN DOHERTY on THE GUARDIAN | 11 Dec 2017 “A controversial experimental deep-sea mine is being challenged in court by environmental groups who have accused the Papua New Guinea government of withholding key documents about its approval. Nautilus Minerals Inc, a Canada-based company primarily owned by Russian and Omani mining firms, wants […]
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CATHERINE WILSON on MONGABAY | 15 November 2017 After 17 years of foreign ownership and a checkered environmental history, the Solomon Islands’ Gold Ridge mine is now being led by a local landowner-driven joint venture. The company saw its first major test in April 2016, when rainfall triggered a spillover from the mine’s tailing dam. […]
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REUTERS on MINING WEEKLY | 14 November 2017 “Gold-backed exchange traded funds (ETFs) have added 3.3 t of gold to their global holdings during October, as outflows from North America mostly offset inflows in Europe, the latest data from the World Gold Council (WGC) shows. Global ETF gold holdings now total 2 347.6 t. According […]
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Download Nautilus Minerals press release Toronto Ontario, November 14, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces the release of its unaudited consolidated Financial Statements for the third quarter ended September 30, 2017, together with Management’s Discussion and Analysis. Q3 2017 Significant Events Received US$2 million through the […]
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