Archives: History of mining

Komatsu Ltd is set to celebrate the company’s 100th anniversary on May 13, 2021, followed by a series of activities over the next year centred around the company’s commitment to its new brand promise of “creating value together.” Originally established in 1921 in Komatsu City, Japan, to sustain the surrounding community after the closure of[…]

ASX-listed Eclipse Metals Ltd has announced that it has entered into an agreement pursuant to which it will acquire the Ivittuut Project in Greenland and associated mining information in relation to the Project tenement. The Ivittuut Project (sometimes called Ivigtut) is known as the world’s largest and only cryolite mine from which cryolite was historically[…]

In what will be a huge blow for some of the most historic mining technology & equipment manufacturing locations in Germany and indeed the world, Caterpillar Inc. today announced it is “exploring strategic alternatives for certain mining products” adding “in order to remove structural cost in the business and improve competitiveness, the company is contemplating[…]

Talk to any Australasian mining manager “over a certain age” and it is likely they or one of their compatriots from mining school spent some halcyon days working at the Panguna copper-gold mine in Bougainville, which in its heyday was one of the largest mines in the world, and on paper still is in terms[…]

Cornwall Council has voted overwhelmingly in support of a £1 million ($1.3 million) investment into Strongbow Exploration, according to the tin-focused company. The news follows a press release late last year that stated the council had voted unanimously in favour of the proposed investment, subject to Strongbow adding a dual listing on the London’s AIM[…]

Almonty Industries has commenced drift development at the Sangdong tungsten mine in the Republic of Korea, and is on course to start full-scale mining in early 2020. The development of some 4,000 meters of 4.5 m x 4.5 m transportation drifts, loading points, passing bays and cross-cuts connecting to orebodies is planned to be completed[…]

Small-scale gold mining has destroyed more than 170,000 acres of primary rainforest in the Peruvian Amazon in the past five years, according to a new analysis by scientists at Wake Forest University’s Center for Amazonian Scientific Innovation (CINCIA). That’s an area larger than San Francisco and 30% more than previously reported. “The scale of the[…]

Newrange Gold Corp has closed a $900,600.00 non-brokered private placement. Proceeds will be used to advance the company’s high-grade Pamlico gold project in Nevada and for general and working capital. Newrange is an exploration and development company focused on near to intermediate term production opportunities in favourable jurisdictions including Nevada, and Colombia. With numerous drill[…]

Southern Gold Ltd has completed the first phase of systematic underground channel sampling at its Deokon gold project in the central-southwest of South Korea under its strategy to commence work quickly on newly acquired tenure. Access discussions with the land-owner were approved and risk assessments conducted within three-weeks of tenement Jeonju 70 being granted. Underground[…]

Roskill’s latest molybdenum report provides an in-depth look at the industry, offering detailed coverage of historical trends as well as ten-year forecasts. The Molybdenum Market Outlook to 2028 provides an analysis of supply, demand, trade and prices, and offers detailed historical and forecast data that will be ideally suited to the needs of industry participants,[…]