viernes, 21 de septiembre de 2018

Mining industry’s adoption of blockchain not a question of if, but when — report

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Mining News Digest
Friday 21 September 2018
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Blockchain technology and the smart contracts it enables are the innovations the mining industry needs to adopt next, a paper published by global law firm White & Case says.

Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.

This is the second time this month the Toronto-based miner mourns the death of staff members in Colombia.

The fresh round of returns follows Rio's promise in August to give shareholders up to $7 billion through dividends and share buybacks.

The Norwegian firm, one of the world's top producers of aluminum and alumina, said the deal faced opposition from European regulators.

A fire at its Spence copper mine in Chile had forced it to partially shut down operations. No one was injured in the fire, which has since been extinguished.

The mining charter was introduced to redress the exclusion of black people in the mining sector under apartheid.

It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco.

The scientists, from the University of Bergen in Norway, are sending robots 2,500 metres (8,000 feet) down into the waters between Norway and Greenland.

The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market.

President George Weah signed the Land Rights Act into law on Wednesday after four years of debate in the legislature.

China, the world's biggest consumer of the steelmaking ingredient, has ramped up buying of higher-quality, less polluting grades of iron ore as it battles to clear its notoriously smoggy skies.

Australian mineral sands developer Sheffield Resources said on Wednesday it will receive a $69 million loan from Australia's northern infrastructure fund to help develop its Thunderbird project.

MMK Group has developed its first programme-controlled robot capable of executing the functions of an employee working on a computer.

Nova Scotia's mining industry has established a new not-for-profit organization to manage its proposed Minerals Play Fairway project.

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