Gold Price and Production Drop
Anglo Asian Mining PLC said on Thursday that its output of gold equivalents and the gold price droped in the second quarter compared to the same period last year.
Anglo Asian Mining PLC said on Thursday that its output of gold equivalents and the gold price droped in the second quarter compared to the same period last year.
Goldman Sachs’ recent prediction that the critical metals cobalt and lithium would witness a sharp fall in prices in the coming two years raised many eyebrows in the battery chemicals market.
Manganese is a chemical element that is used in many different industries. It has a lot of uses and can be found in manganese mining companies, the steel industry, and the manufacturing industry. Manganese mining is an important part of this process because it provides the raw material for these industries. It also produces manganese dioxide, which can be used to make dry cell batteries.
Shipments of limestone on the Great Lakes totalled 3.8 million tons in June, a slight increase from a year ago. This June’s loadings were also above the month’s 5-year average by 2.2 per cent. Loadings out of U.S. quarries totalled nearly 3 million tons, an increase of 11.5 per cent compared to a year ago….
ASV RT-50 Yanmar engine: ASV Holdings Inc., an industry-leading manufacturer of all-purpose and all-season compact track loaders and skid steers, introduces a new generation of the company’s RT-50 Posi-Track® loader, now powered by a Yanmar engine. The new machine boasts an impressive-for-its-size 53.8 horsepower, up a full 8% from the previous model. The repowered RT-50 also offers improved…
CGG Mining , a global geoscience technology business, has announced the publication of a new GeoVerseTM Lithium Brine Screening study to aid in the hunt for new sources of this essential energy transition element.
The threat of continued sanctions by the European Union has forced USA-based multinational machinery manufacturer Caterpillar to suspend business with Russia in the wake of the conflict in Ukraine. However, sources revealed that the company still uses Russia as a supply-chain route to move parts and equipment between Europe and China.
During the COVID-19 epidemic, cobalt prices have continuously risen, mainly because of the growing demand for lithium-ion batteries in electronic products and electric vehicles. Investors who want to wager on the rising use of battery technology and renewable energy may consider investing in cobalt stocks. Therefore, it becomes essential to read more about cobalt mining companies 2020. Thus, cobalt was produced in mines worldwide in 2021 in the amount of 170,000 metric tons. The Democratic Republic of Congo produced a projected 120,000 metric tons of cobalt in 2021, making it the top producing nation in the world.
Keliber has completed a four-phase pilot-scale test programme and verified the behaviour of the ore from the company’s largest deposit, Rapasaari, at all stages of the production process.
Epiroc’s SmartROC T35 surface drill rig, which Skanska will field test in battery-electric version