Firefly is charging ahead with drilling as gold stays afloat ...
Feb 24, 2021 · Gold prices have climbed back up above $US1,800 ($2,275) an ounce mark after dipping briefly below on optimism that the US economy would recover faster than expected from the COVID-19 pandemic. However, US Federal Reserve Chair Jerome Powell warned that the economic recovery remained “uneven and far from complete” and that the central bank would continue to maintain its accommodative monetary policies.Learn More
Harmony to raise more than R3bn to buy AngloGold mines
Harmony Gold secured overwhelming support from its shareholders to raise $200m (about R3.3bn) via equity to pay the cash portion of its purchase of AngloGold Ashanti's last operating assets in SA.Learn More
Empowering Artisanal Gold Mining Through Cryptocurrency ...
May 11, 2020 · The Company has also devised another major method to mitigate risk in this investment market; Public companies often raise money for a single project of gold extraction. Even with an NI-43-101 report signed and accredited geologists working on the project, in the end, it is just one mine.Learn More
Gold - Michigan State University
Most prospecting had ceased by the early 1900s, but the Great Depression and the increase in the price of gold from $20.67 to $35 per ounce brought about another prospecting boom in the 1930's. World War II called a halt to gold mining, with the prospects lying idle until the abandonment of the gold standard in 1971 and the resultant dramatic ...Learn More
(PDF) Underground mining Methods - ResearchGate
Longwall mining is a highly mechaniz ed underground mining sys tem for mining coal. It set of longwall mining equipment consists of a coal shear er mounted on convey or operatingLearn More
Raise borer - Wikipedia
A raise borer is a machine used in underground mining, to excavate a circular hole between two levels of a mine without the use of explosives.. The raise borer is set up on the upper level of the two levels to be connected, on an evenly laid platform (typically a concrete pad). A small-diameter hole is drilled to the level required; the diameter of this hole is typically 230mm - 445mm (9" - 17 ...Learn More
Premier to raise C$88.4M for i-80 Gold - Mining Journal
Premier to raise C$88.4M for i-80 Gold Premier Gold Mines has announced an C$88.4 million private placement financing to fund its i-80 Gold subsidiary, which will be spun out into a newco as part...Learn More
Looking to Invest in Mining Stocks? These 3 Could Be Great ...
Nov 25, 2020 · Royal Gold: A mining stock fit for a monarch. ... The company announced in late October a dividend raise from $0.40 to $0.50 per share, putting the stock's forward dividend yield at 3.5%. Although ...Learn More
A Russian Company Is Opening a Mining Farm in the Arctic ...
A new mining farm above the Arctic Circle, in the industrial area of Norilsk in the Taymyr Peninsula, will provide 11.2 megawatts of power for mining bitcoin. The farm will be working as a "mining...Learn More
SQM shareholders approve $1.1 billion capital increase ...
Jan 22, 2021 · The world’s No. 2 lithium producer expects the capital will help finance its previously announced $1.9 billion, four-year investment plan, which aims to more than double its capacity to produce ...Learn More