Shares in the UK’s Stellar Diamonds hit a one-year low in May, but things are looking up following the approval of the new Tongo project in Sierra Leone. We examine whether this operation could turn around Stellar’s fortunes, perhaps even boosting the wider market, and look at the world’s fascination for these valuable stones.
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By GlobalDataIn global commodities, we examine the human cost of the illegal gold trade, find out if upcoming changes could ignite Kenya’s mining industry, sift through the remaining mineral potential of Sweden after its latest deposit find, and ask whether scandium could prove a wonder metal for Australia.
Also, throwing a spotlight on safety, we speak to the Mine Safety and Health Administration about its new industry standards intended to reach zero harm, and case study Anglo American’s human approach to health and safety assessments.
MINE magazine is free for the iPad: download our app to read the latest issue and browse our back issues for free.
In this issue
In pursuit of illegal gold
A UN report found that environmental crime, such as illegal mining, was worth up to $258bn in 2015, a 26% increase on previous estimates. We examine the true cost of this shadow industry and what it means for people, environment and businesses.
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A new dawn for Kenya
Kenya mining industry has been hampered by outdated laws and data, but this may change through a new mining law and plans to build up to 20 new mines over the next 15 years. We find out what minerals Kenya has to offer and its potential as a mining success.
Read the article.
For the love of diamonds
Shares in the UK's Stellar Diamonds hit a one-year low in May but things are looking up after the announcement that Sierra Leone has approved the company's Tongo project. We take a look at the project and ask whether it can turn around Stellar's fortunes.
Read the article.
Growing with green tech: Sweden's mining strategy
Beowulf Mining has received approval from the Mining Inspectorate of Sweden to expand and seek out polymetallic discoveries in the Bergslagen mining district. We speak to the company about Sweden’s remaining mineral potential.
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Scandium: Australia's wonder metal
Scandium is generating interest as a potential breakthrough mineral. Less than 20t of scandium mined annually but that could change as two high-grade Australian deposits seek to kick off operations. We find out more.
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Target: zero
In May, Mine Safety and Health Administration (MSHA) launched the fourth iteration of its Rules to Live By initiative, this time focusing on new standards for illumination and preventing deaths from falling materials. We report on the new standards and to ask how effective the Rules to Live By campaign has been at reducing fatalities.
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Humans at the heart of safety
Mining involves an inherent amount of risk and providing a safe and healthy workplace is a first priority for Anglo American. The company tells us its unique approach to creating a strong safety culture with a focus on the ‘human factor’.
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Next issue preview
A scientific expedition launched from Southampton, UK set out to explore the potential to mine rich metal deposits on the deep ocean floor. The RRS James Cook will head for the Atlantic oceanic ridge where black smokers are believed to churn up valuable minerals. We report on what could be an exciting new chapter in Britain’s mining history.
Also, we look into the possibility of re-opening ancient Egyptian mines untouched since Roman times, see inside Peru’s first – and only – Fairtrade gold mine, and discuss the findings of a report on CO2 emissions in mine drainage water.
Plus, we hear from why Chilean mining executive Marcelo A Awad has moved to a junior lithium producer, Wealth Minerals and speak to the authors of ExxonMobil and ENER-G’s joint Energy Efficiency Guide which aims to reduce the industry’s power consumption.
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