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Global Demand for Ore Mining in 2080

Mining will become more capital intensive as miners seek to offset declining grades by reducing operating costs even using cone crusher. Automation will likely also spread to blast-hole drilling rigs, excavators that can differentiate between ore and waste, together with increased use of more advanced operations centres to remotely operate an increased number of mine […]

Factors Driving Mined Resources Demand

With need for mining defined as the gap between global demand and recycled supply, how much mining do we need at the end of the century? It is not too hard to describe the key drivers of the answer to that question, but it is much harder to forecast how those drivers will change over […]

Businessmen Affect the Price of Gold

Traders are solely profit-oriented. Their task is to push movements either way to maximize profits. It doesn’t matter if they are dealing in gold, pork bellies, soya or silver. What counts is the extent of price movements. They are made powerful in that they represent moment-to-moment buyers and sellers. If you counted the number of […]

Why do we need Mining so Much?

The importance of mining is definitely significant to China. Mining is an important industry, and Chinese are very advanced in their mining technology, but during the mining process, there is certain level of pollution produced. The Chinese government and the mining companies have very good plans and controls toward this problem, while ensuring the smooth […]

Rising Nations have more Investment Demand

Global demand for gold in 2011 rose to 4,067.1 tonnes (t) worth an estimated US$205.5 billion – the first time that global demand has exceeded US$200billion and the highest tonnage level since 1997, according to the World Gold Council’s Gold Demand Trends. The main driver for this increase was the investment sector where annual demand […]