In recent years, Brazil has seen a sharp increase in illegal gold mining activities, leading to a range of environmental, economic, and social issues. The Brazilian government has been struggling to crack down on these activities, but has been hindered by a lack of effective tools and resources. However, a new tool developed by researchers…
Endeavour Mining Corporation, a West African gold producer, announced the discovery of a potential new flagship gold project in the country of Côte d’Ivoire. The company said that the project, located in the north-central region of the country, has the potential to be a major gold producer. The announcement follows the company’s recent success in…
The Zijin Mining Group is a Chinese multinational mining conglomerate that is one of the world’s largest gold producers. It has been operating in Colombia since 2008 and is the largest foreign investor in the country’s mining sector. In May 2021, the company’s gold mine in Colombia, located in the municipality of Buritica, was the…
Gold prices rose on Thursday after the US Bureau of Labor Statistics released its latest inflation report. The report showed that consumer prices rose more than expected in January, with the Consumer Price Index (CPI) increasing by 0.4% compared to the previous month. The increase was driven by a jump in energy prices, which rose…
Gold investment has been surging in recent months, as investors seek out safe havens amid the economic uncertainty created by the coronavirus pandemic. The price of gold has climbed to a seven-year high, and demand for the precious metal has been increasing significantly. Investors are turning to gold as a reliable asset to protect their…
Gold miners reported their first quarter financial results and earnings, and the news was largely positive. The industry saw a jump in gold prices, which boosted the earnings of many companies. Gold miners in the first quarter reported higher revenues, higher profits, and higher production compared to the same period last year. The gold prices…
Many mining companies are following the following steps to extract gold from the earth surface. As technology improves more and more mining techniques are being discovered to make the work simple. Literature Survey: In India lot of government agencies are taking out verification surveys on gold mining. Among those agencies there are two main agencies….
Gold mining consists of the processes and techniques employed in the removal of gold from the ground. Earlier gold was mined using different methods like Panning, cradling, dry blowing, shaft mining, Puddling and dredging. Nowadays open cut mining and underground methods are used for gold mining. Panning is one of the oldest techniques of separating…
Cluff Gold Company said it signed a memorandum of understanding for a long-term calculated partnership with Samsung C&T Corp, which will start with a US$20 million capability in return for mining equipment gold off-take. The US$20 million will be drawn instantly and go towards the company’s stability sheet, whilst make sure Cluff’s Sega project in…