NewsRoom Articles - Page 206 of 211

FridayAug 28, 2020 9:30 am

Bauxite Production Expected to Decline Marginally due to COVID-19 Measures

GlobalData predicts a decline of 0.1% in global bauxite mine production in 2020. The decline, which is about 344 megatons, is as a result of the short-term suspension of mining activity following the exponential rise in cases of COVID-19 around the world. Australia, the biggest bauxite producer in the world, could see an increase of 1.9%, roughly 107.2 kilotons, this year. This is largely due to the effective measures that were taken by the Australian government to limit the transmission of the virus during the early stages. During the first half of 2020, the largest contributor to bauxite mining in…

ThursdayAug 27, 2020 3:00 pm

What to Do When Substance Abuse is Suspected at a Mine Site

Substance abuse reduces productivity in the workplace but also puts people at serious risk. This is crucial in safety-sensitive occupations that involve operation of heavy machinery or high-risk situations. The oil and gas, mining and forestry among many other resource sectors are especially vulnerable as work sites are mostly located in isolated areas and operations require and involve heavy machinery. So what then, is the procedure for when you notice behaviors that may be as a result of drugs or alcohol? Experts suggest formal policies to be created by employers such as mining sector players like Freeport-McMoRan Inc. (NYSE: FCX),…

ThursdayAug 27, 2020 9:00 am

Cybersecurity: Password Misconceptions Revealed

As technology advances and incidents of cybersecurity threats become common, authentication technologies constantly have to keep evolving. Many experts are now looking into password authentication alternatives such as biometrics, multi-factor authentication and behavioral analysis. Generally, accounts get hacked because of poorly managed, weak or easy to guess passwords. Below, we discuss the most common misconceptions concerning passwords: Myth: Biometrics Solve all Security Problems Biometrics offer an easy way to remember passwords, by not having to. All you need is your finger for access. This is a secure authentication method when you have single-factor authentication. It also makes it hard for…

WednesdayAug 26, 2020 3:00 pm

Obtain the Best Value for Mine Safety through Equipment Rental

For safety on mining sites, one needs to balance cost and efficiency as well as prioritize safety of workers. But the question remains, is it better to buy new equipment, buy used equipment or rent? If one wants to invest in equipment through manufacturers like Caterpillar Inc. (NYSE: CAT) to be used daily and on long term basis, buying new equipment is the best option. Other times though, buying used equipment is the better choice and is more affordable. However, a lot of companies prefer to rent equipment first before they decide to purchase. Renting equipment is an affordable and flexible…

WednesdayAug 26, 2020 12:09 pm

Gold Continues to Reign Supreme Amid Price Volatility: Kingman Minerals Ltd. (TSX.V: KGS) Increasing Gold Production in Anticipation of Record Highs

Gold continues to post record highs despite recent volatility Gold price broke previous 2011 ceiling of $1921 per ounce KGS plans to increase gold production at historic gold mining sites using new technologies KGS entered into option agreements to obtain 100% ownership of the Mohave Project in Arizona and Cadillac East Property in Quebec, Canada Despite negative headlines focused on recent price drops (http://ibn.fm/XCUAS), the price of gold continues to set record highs, eclipsing the effects of recent volatility. Kingman Minerals (TSX.V: KGS), a Canada-based mining company focused on the acquisition, exploration and development of gold and silver properties in North…

WednesdayAug 26, 2020 9:00 am

How Industrial Weighing Scales Provide Additional Advantages

Industrial weighing machines are used to make sure that haul trucks only carry loads that are within their permitted weight limits. Overloading the haul trucks puts safety in a mining site at risk, which compromises the safety of the miners as well. Overloading trucks on a regular basis compromises the structure of a truck putting it under severe stress. The following are reasons sector players like Barrick Gold Corporation (TSX: ABX) (NYSE: GOLD) should utilize weighing scales in mining sites. Increases Production By following payload compliance protocols, mining companies can grow their production output. Industrial weighing machines allow operators to stack…

TuesdayAug 25, 2020 3:00 pm

Why Truck Rental Partners are a Mining Company’s Best Friend

All mining operations depend on having the right vehicles to move people and materials from one place to another. For efficient operations, companies need reliable and durable modes of transportation. Truck rental companies often address the transportation needs of mining companies. The transportation requirements of a mining operation can change at a moment’s notice, with different trucks needed for different jobs such as the heavy duty cargo vans, 3/4 to 1 ton trucks used to securely carry materials as well as individuals or commercial grade half ton trucks. This is why truck rental partners are the best option, because you…

TuesdayAug 25, 2020 9:00 am

Mining Waste Management and Disposal Methods

Mining produces a lot of waste which should be disposed of properly. Improper waste disposal leads to soil, water and air pollution. There are various types of mining. They include coal mining, metal, landfill mining, oil and gas extraction and non-metal ore mining. This means there are also different types of mining waste. These include: Mine Wastewater: This wastewater is produced using different ways in mines and possesses different contamination levels. Water exposed to mining processes is acidic and can pollute the local water sources. This process, commonly referred to as acid mine drainage, contributes to water pollution. To decrease…

MondayAug 24, 2020 3:00 pm

How the Mining Industry is Providing Minerals Securely during the Pandemic

Morning Consult conducted and recently released polling figures that reveal that most of the American voters are concerned about the safety of supply chains in America. With international supply chains suffering due to border restraints, U.S. policymakers and the general American public have become aware of the dependence the nation has on foreign mineral imports. The mining industry is one of the strong foundations and a key industry of the U.S. supply chain as it provides raw materials required in most industries and consumer products, including necessary health care applications. A report published by the World Bank Group found that…

MondayAug 24, 2020 10:30 am

Kingman Minerals Ltd. (TSX.V: KGS) Leverages Market Trends as Gold Prices Increase More than 27%

“New York Times” article reports gold reaching record highs Buying gold is “best thing” investors can do to shield themselves from inflation, weakening of so-called fiat, or paper, currencies KGS strategic business model designed to deliver the highest benefit possible as prices of precious metals, including gold, increases As investors look for stability in a precarious financial world, they are turning more often to gold, pushing gold prices up to record levels not seen since 2011. Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, is in a…

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