Mining and Exploration

Whenever contaminated trucks from construction sites, mines, harbours, landfills, dumpsites or industrial areas drive out directly onto the public roads, the MobyDick Wheel Washing Systems can prevent dangerous contamination from getting onto the roads and highways. As a further positive effect, pollution of the air with dust around the areas is also reduced considerably.

There’s no arguing with the fundamentals. Growing populations, reduction in arable land, changing dietary preferences, climate change and the escalating demands of emerging economies have placed food security at the top of the political as well as the economic agenda. World population is growing by some 75 million every year. By 2050 almost 9.3 billion people are expected to inhabit the earth.

Chile is one of the most stable, competitive and fastest growing economies in the world, and certainly holds that position within Latin America. In 2013 Chile’s maintained its positive recent growth rate, recording 4.1 percent increase in its GDP – just a little lower than last year but still an enviable figure. Much of that growth has been driven by the country’s mineral resources, with the state mining company Codelco accounting for a third of the nation's economy.

Since we last looked at Greenland Minerals and Energy A/S (GME), a subsidiary of Perth (Australia) based Greenland Minerals and Energy Ltd, a great deal of progress has been made. To recap, GME entered the Greenland scene in 2007 when it acquired a majority interest in an exploration licence covering the northern Ilimaussaq Complex, subsequently increasing that to 100 percent.

The opening ceremony was held in the presence of government authorities of Chile, Poland and Japan. Sierra Gorda, one of the largest and fastest-developed mining projects in the world, is located in the Antofagasta region within the Atacama Desert, which is Chile’s largest copper producing region. The mine started feeding ore into its processing plant in July 2014.

Rare earth elements (REEs) continue to be a hot topic. This group of 17 chemically similar elements crucial to the manufacture of many hi-tech products is causing international supply headaches. China currently produces about 90 percent of the world’s rare earths and produces more than 70 percent of the world’s rare earth magnets - neodymium in particular is used to make smaller, more efficient and more powerful magnets used in loudspeakers and computer hard drives.

MC 2014 is the global forum for exchanging views and developing capacity, to ensure that new mines are designed with closure in mind, and old sites are closed economically, whilst minimising environmental and societal impacts.

With a total business volume of DKK 2.74 billion, The BANK of Greenland is only a small financial institution internationally. In Greenland, however, the bank is the largest bank and the only physically available full service bank. With a strong local mooring and more than 45 years of close cooperation with Greenlandic industries and public institutions, the bank takes the absolute lead as a partner for businesses in the Greenland mineral resources industry.

Palabora Copper extracts and processes copper and other by-products in the Ba-Phalaborwa area of Limpopo Province. The unique formation known as the Palabora Igneous Complex is a geologically fascinating region. Archaeological evidence and carbon isotope dating indicate that primitive mining and smelting of copper took place at Phalaborwa some 1,000 years ago. This was followed by the smelting of iron ore 700 years later.