The future of the electric car could depend on the lithium production generated from what is said to be the world’s largest lithium reserve in Bolivia’s Salar de Uyuni. The government is to fund a state-owned pilot project.read more »
Top diamond producer De Beers SA expects to cut back output at its two new Canadian mines by 10 to 20 per cent because of a recent drop in demand, De Beers Canada Inc. chief executive officer Jim Gowans said Tuesday.read more »
The value of Chile's copper exports was $2.692 billion in October, down 28.6 percent from the same month last year, central bank figures showed on Monday.read more »
A few weeks ago I suggested the biggest gains will accrue not to the strong, but to the weak who get strong to avoid perishing. Surprises can and will happen in this market, both to the upside and downside. I expect we’ll see spectacular failures and successes.read more »
Australian reports suggest BHP Billiton could face at least a further 3-week delay in receiving the EU’s competition commission’s ruling on its bid for Rio Tinto.
Johnson Matthey says investors in platinum and palladium exchange traded funds are fundamentally different people who treat their investments differently. Palladium ETFs are now a significant demand sector of the metal.
Agnico-Eagle impresses with its new Kittila mine in Finland, reinforcing the status of Tier II gold miners as one of the “best performing” within the bombed out global resources arena. Tables included.
Buying up by 45% over the previous dollar record as ‘identifiable investment demand’ which includes ETFs, bars and coins, showing a 56% gain year-on-year.
Mining Field: Ventilation and Air ConditioningArea: Clearing Smoke (Rule#351)
The fumes from blasting operations cannot be removed from a stope or heading at a ventilation velocity less than 25 fpm (0.13m/s). A 30% higher air velocity is normally required to clear a stope. At least a 100% higher velocity is required to efficiently clear a long heading.
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