Mining, Drilling and Discovery
The action, process or good fortune of discovery or discovering oil, gas or mining deposits. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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The recently published inaugural Kimberley Process (KP) mid-term report highlights key initiatives and includes a section dedicated to blockchain technology, detailing a proposal “which explores the use of blockchain technology to help enhance security measures.”
'Central banks -- holders of about 32,900 metric tons of bullion -- cut their purchases by40 percent during the three months through June, compared with the same period a year earlier, to the lowest since 2011, World Gold Council figures compiled by Bloomberg show. It was the third-straight quarterly drop, the longest such streak in at least five years.'
Signet Jewelers will trial mapping technology enabling customers to track diamonds they buy from the retailer, after allegations of diamond swapping surfaced earlier this year.
The equipment enables the customer to see the flaws in a
diamond. Signet will test it in the period fro
'Every diamond has a “thumbprint” and "unique marks," Mark Light, Signet’s chief executive officer, said in a call with analysts following Thursday second-quarter results announcement. "We will mark those on a digital screen and then we’ll have the ability to digitally send over that picture to our customers via email and keep it in our own files." '
* Hawkish tone from Yellen, Fischer boosts dollar * Gold turns higher after whipsaw session on Friday * GRAPHIC-2016 asset returns:
Australia's Diamonds have dismissed talk of complacency as they prepare to take on England in the Netball Quad Series on Wednesday. The world champion Diamonds thumped South Africa 68-43 in Saturday's opening fixture of the international netball season in Auckland. It was a different story a couple of hours later for England, who were smashed 65-39 by hosts New Zealand. Wednesday's clash in Adelaide follows the Diamonds handing the Roses a 3-0 series drubbing during their tour of England in January.
'Australia's Diamonds have dismissed talk of complacency as they prepare to take on England in the Netball Quad Series on Wednesday. The world champion Diamonds thumped South Africa 68-43 in Saturday's opening fixture of the international netball season in Auckland.'
Gold futures on Monday stage a modest rebound after suffering from their largest weekly decline since mid-July.
'Strength in the dollar kept gains for the metal in check, with traders eyeing the monthly U.S. jobs report due at the end of the week as the next major catalyst in the effort to solidify their expectations for the Federal Reserve’s monetary policy path.'
Victor Mine was opened in 2007 and has since recovered more than 5.6 million carats of diamonds.
'Schifter, who owns Casale in Dongan Hills, was one of an elite group of 17 jewelers from across the nation — and the only one from New York City — selected by the diamond company De Beers to tour Victor Mine, the most productive diamond mine in the world, located in Northern Ontario.'
There's a correlation between gold price changes and the rate at which central banks buy assets to expand their balance sheets.
'There's a correlation between gold price changes and the rate at which central banks bought assets to expand their balance sheets, according to Deutsche Bank's Michael Hsueh and Grant Sporre.'
For your next engagement ring, consider a diamond not from an African mine, but from Diamond Foundry's 8,000F plasma reactor.
'In the middle are 8,000°F plasma reactors and more than $100 million in investment to power a startup that is on a mission to make ethical, sustainable diamonds in California.'
Fewer than half of the senior mining and metals executives voice any level of confidence in the prospects for the global economy over the next two years.
" Indeed, almost two-thirds say that they are confident of achieving growth in the next two years and 63% believe that the industry will achieve a measure of growth over the same time period."
The project to be presented at the Eastern Economic Forum in September
"The Ozernovskoe goldfield is the largest among those explored in Kamchatka. Its area is 100 square km and its gold volume is around 10 tonnes yearly. We plan to attain gold mining levels of around 15-18 tons yearly,"
South Africa’s biggest mining companies have said a share of profits would be more appropriate. The dispute is part of ongoing discussions between the chamber, the Department of Mineral Resources and labour unions over a review of the so-called mining charter, which aims to increase black economic participation through mandatory asset ownership quotas, diversity within …
" South Africa’s biggest mining companies have said a share of profits would be more appropriate."
The governments goal is to speed up exploration, including upfront payments for discovered deposits when the mines are auctioned, Mines Minister Piyush Goyal said.
" India expects to woo Rs 1 trillion ($15 billion) of investment over five years to double mining output and cut mineral imports."
The platinum mining industry is not mining anywhere near the forecast demand of nine-million ounces by 2025, the nominal global demand quantum based on a modest compound annual growth rate of only 1.5%. Nine-million ounces is a large number relative to primary mine production out of Southern Africa, which supplies 80% of the world’s platinum but which is on a substantial decline trend.
The conference covers the whole mining industry chain including geological survey, exploration and development, mineral rights trade, mining investment and financing, smelting and processing, technology and equipment, mining services, to name the key component sectors. It provides not only the platform for mineral exploration, development and trading, but also the communication bridge for domestic and …
" It provides not only the platform for mineral exploration, development and trading, but also the communication bridge for domestic and international mining companies and related agencies."
Brutal regime earns $3.5bn/year from Muruntau and septuagenarian Uzbek dictator's hospitalization raises fears of power vacuum, influx of radical Islam.
" Karimov, 78, who became president as the Soviet Union was breaking up, has no clear successor and his illness raises fears a power vacuum and the influx of radical Islamist groups."
Shares in the Vancouver-based miner soared Monday as the firm said it would likely hire an investment bank to advise the board on all strategic options.
" Mining veteran Robert Friedland, the Vancouver-based miner chief executive, said the firm would likely hire an investment bank to advise the board on all strategic options for Ivanhoe."
As famílias que vivem junto a depósitos subterrâneos de riqueza natural têm uma vida difícil, entre a pobreza e os riscos de saúde e ambientais. Entretanto, as empresas que extraem diamantes, petróleo e outras matérias-primas valiosas movimentam milhares de milhões de dólares através do globo. Investigação do Consórcio Internacional de Jornalistas de Investigação, de que o Expresso é parceiro
" Uma vez ou duas vezes por semana, quando o sol se põe em Koidu, uma cidade no leste da Serra Leoa, os habitantes pegam nas suas coisas e sobem pela colina. Uma mina de diamantes está prestes a rebentar."
Dados divulgados pela Organização dos Países Produtores de Petróleo (OPEP) na semana passada revelam que a Angola mantém-se como líder na produção de petróleo no continente africano. É desde fevere…
" Dados divulgados pela Organização dos Países Produtores de Petróleo (OPEP) na semana passada revelam que a Angola mantém-se como líder na produção de petróleo no continente africano. É desde fevereiro deste ano que o país ocupa o topo do ranking, situando-se acima de outros tradicionais produtores de petróleo no continente, como a Nigéria e a Argélia."
Isabel dos Santos trava construção da refinaria do Lobito e do terminal oceânico do Dande
" Cansado de sucessivos incumprimentos contratuais da parte da Sonangol, o Banco de Desenvolvimento da China decidiu suspender a linha de crédito aberta para Angola no ano passado no valor de 15 mil milhões de dólares."
Produção cumulativa de petróleo no Bloco 15 angolano chega aos 2 mil milhões de barris A Sonangol anunciou hoje que a produção de petróleo no Bloco 15 do 'offshore' angolano atingiu os dois mil milhões de barris (produção cumulativa) desde que iniciou a operação, em 2003, segundo um comunicado da petrolífera angolana.
"O alcance destes números significativos resulta de dezassete descobertas comerciais, que tornaram o Bloco 15 numa das mais bem sucedidas concessões petrolíferas no 'offshore' da África Ocidental", indicou a petrolífera estatal angolana no comunicado, com data de 25 de agosto."
A Sonangol anunciou que a produção de petróleo no Bloco 15 do 'offshore' angolano atingiu os dois mil milhões de barris desde que iniciou a operação.
" A Sonangol anunciou hoje que a produção de petróleo no Bloco 15 do ‘offshore’ angolano atingiu os dois mil milhões de barris (produção cumulativa) desde que iniciou a operação, em 2003, segundo um comunicado da petrolífera angolana."
A produção acumulada do Bloco 15 do mar de Angola atingiu dois mil milhões de barris desde que em 2003 entrou em actividade, informou a Sociedade Nacional de
“O alcance destes números significativos resulta de dezassete descobertas comerciais, que tornaram o Bloco 15 numa das mais bem-sucedidas concessões petrolíferas no mar da África Ocidental”
Reportagem diz que negócios multibilionários estão de volta no setor de petróleo e gás
" Matéria publicada nesta sexta-feira (26) pela Bloomberg diz que a Wood Mackenzie informou que foram anunciados mais de US$ 11 bilhões em transações em todo o mundo em julho depois que a recuperação do petróleo gerou esperanças de maior estabilidade no mercado."
A população de Inhambane não está a beneficiar do gás natural produzido pela multinacional Sasol, que anualmente produz mais de 188 milhões de gigajoules
" A multinacional sul-africana Sasol exporta a maior parte do gás natural explorado. A população da província moçambicana de Inhambane também denuncia a não contratação de mão de obra local para a fábrica."