Platinum: Platinum is a material which is very rare and the cost of gold is double than gold. In igneous rocks platinum is formed and these rocks also have iron and magnesium. Along with other materials like copper and gold, Platinum is also found in thin layers. Using surface and underground Platinum is mined. Due…
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…
Magnesium is the third most used metal, following iron and aluminium. Magnesium derives its name from magnesite, a magnesium carbonate mineral, and this stone in turn is told to owe its name to magnesite dumps found in Magnesia, a region in the antique Greek region of Thessaly. The British chemist Humphry Davy is said to…
Queensland government will put up a three-member execution committee to manage the continuation of Uranium Mining in the state, according to a announcement from premier Campbell Newman and the minister for natural resources and mines, Andrew Cripps. The statement followed “sustained public debate on uranium mining in Queensland, and strong support for the uranium industry…
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…
British bank Barclays release its first precious metals vault on the border of London that provide to institutional investors, sovereign-wealth funds, central banks and commercial banks. The burial chamber, which houses gold, silver, platinum, palladium and rhodium and began working earlier this month, is one of Europe’s largest. Jonathan Spall, product manager for metals at…
Africa-focused diamond miner Petra Expensive diamonds can expect output for 12 months closing summer 2013 to elevate by around 30%. Using the corporation’s original results Petra can expect result from it’s just lately purchased Finsch my very own as well as Williamson my very own as well greater result at its Kimberley mining equipment to…
