Alluvial Mining

Latest News for: Alluvial mining

Hopes turn to mining revival as Nigeria tries to shake its oil addiction

Business Day 18 Jun 2018

Ilesa, Nigeria — Nigeria is looking to revive the moribund mining sector as it seeks to diversify revenues following the 2014 crash in global crude prices ... A few companies are now venturing into the sector, hoping to repeat the success of mining in Ghana, Senegal and Sierra Leone ... Down the road from Lawson’s mine is a small gold market in the city of Ilesa, where artisanal miners sell alluvial gold extracted via back-breaking labour....

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Lucapa, partners sell another $2m of Lulo diamonds

Mining Weekly 18 Jun 2018

ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes (Endiama) and Rosas & Petalas have completed a further sale of 1 782 ct of alluvial diamonds from the Lulo project, in Angola. The parcel achieved gross sale proceeds of $2-million, or A$2.7-million, representing an average price of $1 150/ct, or A$1 530/ct ... ....

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How artisans in Chhattisgarh's Kondagaon are working to keep a 4000 year old folk art alive

Your Story 18 Jun 2018

This article is part of The Chhattisgarh Story series (coming soon to YourStory) ... Ancient art passed down the generations ... Layer by layer, crafting a legacy ... The artist starts with an initial base figure made of rice husk and mud, and after this, a layer of alluvial soil is added on top ... A thread made of beeswax is wrapped around the object which is then covered with layers of alluvial soil, coal, termite nest soil and rice husk ... ....

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Despite Favorable Long-Term Outlook, I Wouldn't Bet On Sibanye In 2018

Seeking Alpha 18 Jun 2018

Mining.com) ... Sibanye's South African gold mining is a point of concern. Sibanye's gold mining operations are based in SA (read. South Africa), and I think the SA gold mining operations are problem child for company management ... Mines close to Depletion. At present, the "producing" gold mines in SA include the Beatrix, Driefontein, Kloof and Cooke gold mines ... Woes of the mine workers ... An attraction - Sibanye looks beyond SA gold mining....

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William Shatner’s Ambitious Plan to Operate a Bitcoin Mining Center Powered by Solar Energy

BTC Manager 18 Jun 2018

William Shatner, a well respected Canadian actor, author, producer, and director has released an ambitious plan to operate a bitcoin mining farm in Southern Illinois that is powered entirely by solar power. Plan to Have the Edge over Other Mining Centers ... The state of Illinois and its local financial authorities are optimistic in the long-term potential of cryptocurrencies and are in support of related mining businesses....

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Big miners to go ahead with new iron-ore mines in Pilbara

Asia Times 18 Jun 2018

Iron ore miners in Australia are set to spend over $20 billion on new mines and extensions to existing mines in coming years ... The mine is one of several that will replace exhausted reserves from older mines. The mine is expected to create about ......

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Mining Charter debate to take place at mining summit

Independent online (SA) 18 Jun 2018

JOHANNESBURG - The contentious draft mining charter proposal for a 10percent free carry for communities and employees on new projects is set to be hotly debated at the mining summit to be held next month after Minerals Council South Africa (MCSA) flatly rejected it. The MCSA, formerly the Chamber of Mines, said yesterday that the draft Mining Charter contained elements that were unconstitutional and contrary to company laws....

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“Roadmap On Lifting Small-Scale Mining Ban Out Soon” – President Akufo-Addo

Peace FM Online 18 Jun 2018

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has assured that, shortly, Government will put out a statement setting out a comprehensive roadmap, including the lifting of the ban on small-scale mining, to deal with, on a permanent basis, the grave threat of galamsey to the present and future health of Ghana ... small-scale mining sector....

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Comprehensive Roadmap On Lifting Small-scale Mining Ban Out Soon - Prez Akufo-Addo

Peace FM Online 18 Jun 2018

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“Roadmap on lifting small-scale mining ban out soon” - President Akufo-Addo

Joy Online 18 Jun 2018

President Nana Akufo-Addo, has assured that, shortly, Government will put out a statement setting out a comprehensive roadmap, including the lifting of the ban on small-scale mining, to deal with, on a permanent basis, the grave threat of galamsey to the present and future health of Ghana ... of awarding mining licenses and associated permits....

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South32 to Acquire Arizona Mining in Agreed All Cash Offer

Stockhouse 18 Jun 2018

VANCOUVER, British Columbia and PERTH, Australia, June 17, 2018 (GLOBE NEWSWIRE) -- South32 Limited (ASX.S32) (JSE.S32) (LSE.S32) (ADR.SOUHY) (South32) and Arizona Mining Inc ... The offer price of C$6.20 per share represents a 50 per cent premium to the closing price on 15 June and implies a total equity value for Arizona Mining of US$1.6 billion1 (C$2.1 billion) ... Arizona Mining founder and Executive Chairman, Richard Warke said....

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Don’t Lift Ban On Illegal Mining – Togbe Afede

Peace FM Online 18 Jun 2018

The National House of Chiefs have called on government to maintain the ban on illegal mining. President of the National House of Chiefs, Togbe Afede XIV made the call at a sensitisation workshop for traditional authorities on illegal mining in Accra on Monday, 18 June 2018....

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Bitcoin Miners in China’s Remote Regions are Undeterred By Restrictions

Cryptocoin News 18 Jun 2018

Though Chinese authorities have previously taken various measures aimed at curtailing the trading of cryptocurrencies, the mining of Bitcoin has continued unabated in some of China’s remote parts according to a Nikkei Asian Review report ... They include Sichuan Province, which is fondly known as the capital of Bitcoin mining, and Qinghai Province....

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