Search results “Decline in mining”
Mining Declines
Views: 342 Eyeopeningvideo
South Africa gold mining production declines
South Africa’s mining production and sales report shows a sector yet again in decline and a threat to the wider economy. Mining production fell by 2.6 per cent year on year in May, primarily on the back of a 16.2 per cent decline in the gold sector. Joining CNBC Africa is Peter Major, Director Mining at Cadiz Corporate Solutions. https://www.cnbcafrica.com/videos/
Views: 386 CNBCAfrica
Big Declines At World's Largest Silver Mines
The world's two largest silver mines have seen big declines in productivity over the past decade as their average ore grades and yields fell considerably, thus forcing costs to more than double. As the Silver Mining Industry's average ore grades continue to decline, it will put more pressure on the mining companies as costs will continue to increase.
Views: 13788 SRSrocco Report
Mining  fatalities decline
JOHANNESBURG, 19 January 2017 - Authorities are reporting a decline in the number of fatalities on the country's mines. But labour unions are disputing this, saying the industry's still troubled by safety issues. The Mineral Resources Department reports that 73 people died on the country's mines last year.
Views: 114 eNCA
The Decline of Coal in Southern Illinois
A look inside the American Coal Company's New Era and New Future coal mines in Galatia, Illinois. LET'S CONNECT: Chicago Tribune ► http://trib.in/1ErxACI Google+ ► http://bit.ly/1MFPEfY Twitter ► http://bit.ly/1wSjSsz Facebook ► http://on.fb.me/18Ui46X Instagram ► http://bit.ly/1xt4hKL
Views: 2429 Chicago Tribune
Global Lessons from a Hard-Rock Mining Town: Dr. John Gunn at TEDxLaurentianU
Dr. Gunn presents an inspiring talk on our northern mining town Sudbury. He educates us on our history of pollution, and it's decline and the impact Sudbury's smoke stack plays. He illustrates the link between clean air and clean water and further explains the impact and global lessons from our City of Greater Sudbury as it relates to the protection of critical freshwater resources on Shield landscapes. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 5083 TEDx Talks
Underground Drilling and Blasting Training DVD - ACG
The Australian Centre for Geomechanics has developed this safety training DVD for underground metalliferous mine workers. To purchase this product or find out more information, visit http://www.acg.uwa.edu.au/shop#trainprods Overview All underground mine workers will be exposed to drilling and blasting processes. The aim of this new DVD is to provide workers with the critical knowledge on drilling and blasting to aid appreciation of the importance of these mining processes and their related hazards. The DVD features an introduction to the rock breaking process in mining, followed by a section on how to handle, store and transport explosive products. The third part of the DVD covers development drilling and blasting practices; and the fourth part discusses production drilling and blasting. Target Audience Underground mine workers - the need to identify the potential hazards of working near or with explosives, and the protocols of re-entering a working area after blasting. Workers responsible for development and production drilling and blasting activities. This DVD will review drilling and blasting fundamental concepts that are critical to achieving optimal rock breaking outcomes. All industry stakeholders - those keen to learn more about drilling and blasting in underground mines. Project Sponsors: Barrick Gold of Australia; BHP Billiton Olympic Dam; Dyno Nobel Asia Pacific; Gold Fields Australasia; Newmont Asia Pacific; Orica Mining Services; Xstrata Zinc.
South Africa Gold Mining Could Decline Precipitately | Rick Rule
https://sdbullion.com http://www.silverdoctors.com/precious-metals-market-podcast/ Gold mining equities have been strong amid downward pressure in the precious metal markets. Hope regarding further mergers and acquisitions has had a positive effect on the miners. Political uncertainties in South Africa may have an impact on gold production there. If political uncertainties remain, Rule's suspicion is that gold production there will fall precipitately over the next five years. Issues in Mexico are concerning as well with regard to mining. However, Rule says this doesn’t mean people shouldn’t invest in miners there.
Views: 3096 SilverDoctors
South Africa's Illegal Gold Mines
In the 1970s, South Africa was the world's most prolific exporter of gold. Over the years, industrial decline has seen widespread closures of the mines across the country. However, Johannesburg sits on the biggest gold basin ever discovered. It's perhaps not surprising that many of these abandoned mines have seen a recent boom in illegal mining activity. Everyday, hundreds of illegal gold miners, known as Zama Zamas, descend kilometers deep beneath the surface. The miners often spend weeks underground, toiling away at the country's untapped gold reserves. Observers have suggested that illegal mining is now so widespread, black-market gold arguably supports the communities once subsistent on the very same mines they worked in before they shut down. The lack of policing in the mines has seen the practice go on largely unabated. However, in the absence of law enforcement, the extensive network of abandoned mines beneath the region has become an arena to deadly gang warfare between rival factions. VICE News visited illegal mines near Johannesburg, to meet the Zama Zamas risking life and limb everyday in the violent struggle for South Africa's illegal gold. Check out the VICE News beta for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/
Views: 2040057 VICE News
Prosperous Ukraine? Judge for yourself. The salt mine, like the entire economy in decline.
Лучший кэшбексервис: https://letyshops.com/soc/sh-1?r=2097376 Мое оборудование, куплено здесь: http://ali.pub/2zz24e Штатив по выгодной цене: http://ali.pub/2hwk61 головка для освещения на 4 лампы: http://ali.pub/2iyvls Cooking and lifestyle. Photo and video for microstocks. More photos and videos: http://0ll0.ru/5amc Prosperous Ukraine? Judge for yourself. The salt mine, like the entire economy in decline. Speleotherapy is a method of treatment using the atmosphere of salt caves. In Ukraine there is only one center of speleotherapy - the village of Solotvyno, where people who suffer from asthma, tuberculosis and allergies go for good health. There is a legend that Kunigunda, the daughter of King Beyla IV, threw her ring into one of Solotvin's mines. And after a while this ring was found in the salt mines near Krakow. By that time, Kunigunda had already become a queen and recognized her decoration with some surprise. Salt is the main Solotvynian treasure. The first underground allergological department was opened here in 1968. The base for the separation was chosen by mine No. 8 - and the results exceeded all expectations! Therefore, the mine No. 9 was reincarnated, and the next underground department began work in 1976. The depth of this mine is 300 meters, the medical building is a long gallery, in the walls of which were cut through niches - chambers. To maintain the optimal microclimate, special ventilation was organized. It was necessary to register for treatment in advance by phone. Patients went to the lower chambers on the elevator, the full treatment cycle lasted 24 days, but needless to say, permanent residence under the ground was not required. The air in the mines is incredibly clean - it contains a large number of useful trace elements. Minor particles of salt contribute to the healing of skin and mucous membranes of the respiratory tract, allergens and other harmful factors do not penetrate into the depth of the premises. Unfortunately, unique underground buildings do not work at the moment, but they can be treated with brine and mud of the Solotvinsk lakes. The local allergological hospital was forced to almost completely close the underground buildings because of the emergency condition of the mines. The mines No. 8 and No. 9 of the Solotvinsk salt mine are no longer suitable for the treatment of numerous patients. The water is washing away huge workings under the village, and the ground is falling through - descents to great depths have become dangerous for life. Although fans of extreme only this and waited for - thrill seekers here quickly replaced the relaxed holidaymakers. Extremes are armed with special equipment and sent to study the secrets of the Solotvin caves. What is special about salt mines in the climate? The mines are dominated by a constant temperature and atmospheric pressure. In the underground galleries, dry, saturated with rock salt particles, air. And the main factor: at the depth of completely no harmful impurities and allergens. Remission after a course of treatment with speleotherapy in Solotvino lasts up to six months! To maintain good health, visitors to the resort had to undergo a course of treatment twice a year. Moreover, it has practically no side effects and is acceptable for patients of all ages, including children. Solotvino did not use the method of forced spraying of salt dust - chemical elements are evaporated naturally, it is much more useful than artificial salt rooms. And the most popular souvenir from Solotvino is a salt lamp.
सोना(Gold) कैसे निकाला जाता है? Process for Discovering, Mining & Refining Gold
धरती के अंदर तेल और गैस के भंडारों का पता कैसे लगाया जाता है? How to find oil and gas? Link : https://www.youtube.com/watch?v=IsgYLbhCUaA #gold #Gold_in_India #Gold_mining Some people cover their cars with Gold, some wear clothes made of gold wire, someone designs Gold their mobile , there are many people in the world who use gold in different way. women of India are also addicted to gold ornaments. people had bought gold to hide their money. But do you know how gold is formed inside the earth? What are the ways to find Gold? How Gold prepared? From which places of India does gold come out? Which countries is the largest gold source? How the gold came inside the earth or how? Humans would never have got the chance to be ashamed of gold. Millions of years ago when the earth was being built. Along with these extraordinary conflicts, billions of tons of molten gold and platinum fell into the center of the Earth and became part of its crude. But today the human race has become so clever that he is in search of everything and is in the process of getting it. So something like this Gold come on earth and today its prices are high. How to find Gold in Under Ground ? So this work happens in the same way as the oil and gas deposits in the ground are detected, in which ground penetration radar (GPR) is used to find out what is in the ground. In fact, it records the physical properties of the soil such as density, magnetic properties, registration, on which the graph is prepared and it is estimated that the core analysis is done under the soil, then the core analysis is done. Drilling it under the ground and removing a little debris and analyzing it. It gives accurate information about what is below. Apart from this, hidden property, metal, i.e. gold, silver, copper etc. are detected through VLF technology. For this the waves are sent within the ground. Once after hitting these waves, the VLF receiver creates an electromagnetic field around that object and produces a sequestration by collision the special metal. This kind of survey is carried out by the team of Archaeological Survey of India (ASI) and Geological Survey of India (GSI). There are 7 different ways to find gold. 1) break the rocks by exploding 2) Milling of stones 3) the process of wetting sand 4) process of cyanide 5) Amalgamation 6) Flotation So by this process, you can guess that finding gold is a very difficult task, this is the reason why gold prices are so high in the market. Gold is very solid and it is very difficult to actually make ornaments. Usually gold is found either in the form of alloy with either pale or silver or alone. It is also found in the form of Calvarites, Sylvainite, Petjite and Cranerite ores. And the gold which is extracted from the mine is in the form of ore, which is absolutely pure gold. Which places of India are extracted gold? Most of the production of gold in India is in the state of Karnataka, where gold is extracted from the mines called Kolar, Hutti and Uti. Apart from this, gold is also extracted from Andhra Pradesh and Jharkhand's Hirabuddin and Kendraakocha mines. If we talk about a mine of Jharkhand, then about 4 grams of gold is extracted from a ton of stone and on average, 7 kg of gold is extracted from a mine here every year. The biggest gold mines in the world. In which Kimberley mine is in Africa, after Grasberg mine which is in Papua, Carlin Nevada mine which is in the US, weladero mine which is in Argentina and the writer's quarry is in Papua New Guinea. 5 countries that produce the most gold or produce gold. 1. China which has been ahead in gold production for many years, China produces 426 tons of gold in about a year. But his government has seen a decline of 6 percent in the past year due to the efforts taken to fight pollution and increase environmental awareness. However, due to the excavation of several mines in existing projects, this year's production is expected to begin. 2. Australia Australia produces 295.1 tons of gold in a year. The mineral industry is more than half of Australia's total exports and generates about 8 percent of GDP. 3. Russia A large part of European gold comes from Russia, which has been increasing its production every year since 2010. Russia produced 17 tons more than last year, And Russia produces 270 tonnes of gold every year. 4. United States America also pulled 8 tonnes more gold this year compared to the previous year. Where the production was supported by Project Ramp-up in the Long Canyon Project in Nevada and the Hail project in South Carolina. And the United States produces 230 tonnes of gold every year. And about 78 percent of the US gold comes from Nevada alone. 5. Canada Fall of a glacier in north British Columbia in Toronto, Sebrija Gold stumbled upon an important golden area and estimated to be estimated at 780 metric tons. Canada produces 175 tons of gold every year.
Coal Mining - Silverhill Colliery - 1992
The Miners at Silverhill Colliery that defied the year long Miners strike in the 1980's face redundancy as their pit faces closure due to the decline in coal demand and cheap imports. 'This week' Investigates. First shown in 22/10/1992 If you would like to license a clip from this video please e mail: [email protected] Quote: VT57738
Views: 13888 ThamesTv
Eagle Mine - Mining Process
This short video demonstrates the methods we utilize at Eagle Mine to remove nickel and copper ore from the underground workings. The process hasn't changed much over the years - drill, blast, and muck (excavate). Modern mining practices allow us to remove the nickel and copper ore from the underground mine safely, while protecting the environment and surrounding communities.
Views: 15014 Eagle Mine
The Collapse of Coal
American coal is in crisis. Production is down. Mining companies have declared bankruptcy. So how did America's coal industry get in this situation? And what will happen to America's coal communities? Inside Energy and The Allegheny Front teamed up to look at the collapse of coal.
Views: 41436 Inside Energy
Ghost Town, Bodie
The town of Bodie rose to prominence with the decline of mining along the western slope of the Sierra Nevada. Prospectors crossing the eastern slope in 1859 to search for gold, discovered what was to be the Comstock Lode at Virginia City and started a wild rush to the surrounding high desert country. By 1879, Bodie boasted a population of about 10,000 and was second to none for wickedness, badmen, and "the worst climate out of doors." One little girl, whose family was taking her to the remote and infamous town, wrote in her diary: "Goodbye God, I'm going to Bodie." This phrase came to be known throughout the west. Killings occurred with monotonous regularity here in Bodie, sometimes becoming almost daily events. The fire bell, which tolled the ages of the deceased when they were buried, rang often and long. Robberies, stage holdups and street fights provided variety, and the town's 65 saloons offered many opportunities for relaxation after hard days of work in the mines. The Reverend F.M. Warrington saw it in 1881 as "a sea of sin, lashed by the tempests of lust and passion." Nearly everyone has heard about the infamous "Badman from Bodie." Some historians say that he was a real person by the name of Tom Adams. Others say his name was Washoe Pete. It seems more likely, however, that he was a composite. Bad men, like bad whiskey and bad climate, were endemic to the area. Whatever the case, the streets are quiet now. Bodie still has its wicked climate, but with the possible exception of an occasional ghostly visitor, its badmen are all in their graves. Only about five percent of the buildings it contained during its 1880 heyday still remain. Today, it stands just as time, fire and the elements have left it -- a genuine California gold-mining ghost town. Designated a state historic park in 1962, it is now maintained in a state of "arrested decay." Bodie was named after Waterman S. Body (also known as William S. Bodey), who discovered gold here in 1859. The change in spelling of the town's name has often been attributed to an illiterate sign painter, but it was really a deliberate change by the citizenry to ensure proper pronunciation. You can see the Standard Mine and Mill on the west slope of Bodie Bluff. Because the old mill buildings and surrounding area are extremely unsafe, they are closed to the public. The mine was known as the Bunker Hill Mine when it was registered in July 1861. It passed through several hands before being sold for $67,500 to four partners, who changed the name and incorporated as the Standard Company in April 1877. The Standard Mine yielded nearly $15 million over 25 years, and its success caused the 1878 rush to Bodie. In only a year, the population rose from about 20 to an estimated 10,000 miners, gamblers and other entrepreneurs. The Mill was destroyed by fire in 1898, but was rebuilt the following year. While the boom lasted, some 30 companies produced $400,000 in bullion per month for an overall total estimated at $90 to $100 million. gold
Views: 10867 Lon Warneke
Coal, Community and Change - The Decline of British Coal Mining
On Tuesday 13 October 1992, Tory MP Michael Heseltine announced the immediate closure of 31 pits. The announcement was subsequently referred to as 'Black Tuesday'. Between 1992 and 1993, the UK Government's energy policy resulted in a massive reduction in the country's deep mining capability, paving the way for privatisation of the few remaining collieries. This video features interviews with mineworkers from Bilsthorpe and Silverhill collieries, two Nottinghamshire pits that became the focus for media attention during the 90 day consultation period imposed by High Court ruling. The men describe the run-up to 'Black Tuesday' its immediate impact and long term effects on labour relations, employment opportunities and working practices. Research and interviews by Dr David Amos (former mineworker - Silverhill), edited and produced by Paul Fillingham (mineworker's son - Blidworth). Produced in association with the University of Nottingham, this pilot production forms part of the Arts Humanities and Research Council (AHRC) 'Connected Communities' Programme.
Views: 2543 miningheritage
How Coal's Decline Devastated Appalachia, Part 2
Part 1: https://youtu.be/1VBYsEGpLDI Part 3: https://youtu.be/hYEEBpHJMAQ Coal has been the lifeblood of Appalachia for generations. We traveled to eastern Kentucky to talk to people about how the decline of coal has affected their lives and their communities, which were literally built for the industry. Additional archival photos provided by the SKCTC Appalachian Archives, from their U.S. Coal & Coke, International Harvester, Ewell Balltrip and Kentucky Coal Museum Photo Collections. Subscribe for more videos: http://www.youtube.com/channel/UCV3Nm3T-XAgVhKH9jT0ViRg?sub_confirmation=1 Like us on Facebook: https://www.facebook.com/ajplusenglish Download the AJ+ app at http://www.ajplus.net/ Follow us on Twitter: https://twitter.com/ajplus
Views: 36924 AJ+
Recreational Destruction: Suction Dredge Mining & the Decline of Califorina's Fishery
Recreational suction dredge mining for gold is largely unregulated in California. This short video shows the economic, ecological, and social damage this practice is having. Through interviews with scientists, fishermen and a Native American ceremonial leader the destruction to salmon and trout is made clear.
Views: 24410 klamathmedia
From drive-by download to drive-by mining: understanding the new paradigm
This paper by Jérôme Segura (Malwarebytes) was presented at VB2018 in Montreal, Canada. The online threat landscape has changed dramatically over the past year with the decline in exploit kit activity. Faced with a shift in browser market share and built-in exploit protection, attackers have had to resort to other techniques to turn a quick profit. In this session, we will present a quick review of the decline in exploit kit activity which started with the death of Angler EK, an infamous and advanced toolkit to distribute malware via exploits. In the following months, there was a domino-like effect with several high-profile actors disappearing from the public scene completely or going private. Interestingly, many distribution campaigns via hacked websites also took a hit, either vanishing or being repurposed for social engineering attacks instead. Something similar happened with malvertising, which continued unabated but diversified into various scams instead. There are various factors that contributed to this decline. For starters, the vulnerabilities used by these exploit kits started to age quite rapidly and were less effective against a newer operating system with auto-updates and exploit mitigation baked in. At the same time, the market share for Internet Explorer (the primary targeted browser) continued its rapid descent while Google Chrome became the unchallenged number one. Separately, cryptocurrencies have soared dramatically in the past year, driven by the exponential rise in Bitcoin value observed by everyone with great interest. In addition, new forms of cryptocurrency, such as Monero, have gained rapid momentum and have become popular for their low system requirements. Indeed, you no longer need to possess a powerful rig in order to mine for coins - any average PC can now participate as well. This was an interesting development because it opened the door to mining by the masses and in ways rarely explored before. This was particularly true for in-browser miners thanks to the API provided by the infamous Coinhive. It didn't take long before many publishers, advertisers and criminals jumped on the bandwagon and started pushing JavaScript code that performed cryptomining silently (if not for the occasional humming of the computer fans). Because the mining happened simply by visiting a legitimate or compromised website, without any user interaction, it strongly resembled the way drive-by downloads work. Following a backlash from the user community, who for the most part felt like they were never consulted in the first place, this triggered a knee-jerk reaction of blocking such miners via traditional methods (ad blockers/ IP and domain blacklists). However, online criminals keep coming up with new evasion techniques by using obfuscated code, proxies and clever social engineering tricks, all designed to keep users in the dark while their machines are - more or less silently - mining for the latest and hottest coins. We conclude this talk by taking a look ahead at what is expected to be a long cat and mouse battle for as long as the value of cryptocurrencies remains high. https://www.virusbulletin.com/conference/vb2018/abstracts/drive-download-drive-mining-understanding-new-paradigm/
Views: 147 Virus Bulletin
Careers in Australian Mining
Many young Australians know little about a career in our world-class minerals industry. Yet despite perceptions that careers in mining are in decline, there are many opportunities on offer across Australia including in environmental science, data analysis and even drone piloting! Watch our video to find out more.
NAV Model (Oil & Gas): Production Decline Curve
When you're valuing an E&P (Exploration & Production) company, the Net Asset Value (NAV) Model is the key methodology. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" UNLIKE in a DCF, where cash flow growth is assumed into infinity, in a NAV model you assume the company's cash flows go to $0 eventually as it completely produces all of its reserves and has nothing left. A granular NAV model is complex, but it comes down to a 2-step process: Step 1: Model the company's existing production from wells it already has... and assume a decline rate for the annual production each year, also assuming commodity prices to determine revenue, and linking operating expenses to production and calculating cash flow like that. Step 2: Assume the company drills new wells in its PUD (Proved Undeveloped), PROB (Probable), and POSS (Possible) reserves. The second step involves dozens of sub-steps and assumptions, but here we're just going to focus on ONE small part of this process: estimating the decline rate of a new well the company drills. It starts off at a very high production rate, but then declines quickly within even the first year of its useful life - and we need to estimate the decline rates each year to build the rest of the model. You COULD do lots of complicated math, try fitting hyperbolic or exponential functions, run a regression analysis, etc., but we suggest a much simpler approach here: if the company doesn't disclose data on its decline rates for individual wells, find data from another company operating in the same region and fit it to your company's "average" wells. How to Do That: Step 1: Find the company's key data, such as the EUR per well and IP rate per well in the region you're looking at. Step 2: Now, see if the company discloses data on its own decline rates... if so, you're set! If not, or if it's not enough, find another company operating in the region that discloses more data (EQT here), and go to that company's investor presentations to get the numbers. Step 3: In the first year, assume that production is some % of 365 * IP Rate per Well... because there is a huge drop-off in daily production from Month 1 to Month 12 in that first year. EQT's data shows 45%; we assume 60% here since UPL has a slightly flatter decline curve. Step 4: Copy and paste the other company's decline rates into each year of your decline curve. Step 5: Enter the correct formula for calculating annual production each year AFTER the initial year... here: =MIN(AU129*(1+AT130),$AT$126-SUM(AU$129:AU129)) Want to take either Last Year Production * (1 + Decline Rate) (the first part), or the total remaining reserves in this well (the second part). Step 6: Set up Subtotal / Remainder / Total math and ensure that everything is produced. Step 7: "Fit the data" using Goal Seek and the Factor - multiply each decline rate by a certain factor and use Goal Seek (Alt + A + W + G) to solve for the factor that makes the Subtotal equal to the EUR. Step 8: Build in support for a different EUR by scaling the production up or down in the "Total" column. Step 9: Allocate the production to oil vs. gas. vs. NGLs. Step 10: Complete the Subtotal / Remainder / Total math at the bottom. What Next? Next, we'd complete this process for all the wells the company drills in every region, estimate revenue, expenses, and cash flow for each one, and then aggregate the discounted cash flow values in every region across all reserve types... Which brings us closer to the implied NAV per share, which is what the NAV model is really all about. Stay tuned for more!
The Unheard Story Of Appalachia's Coal, Part 1
Eastern Kentucky and most of Appalachia had a thriving coal industry for more than 100 years. We went to coal country to talk to people about just how important coal has been to the region and how much Appalachia has changed with its decline. Part 2: https://youtu.be/UJxCqHoUAT8 Part 3: https://youtu.be/hYEEBpHJMAQ Additional archival photos provided by the SKCTC Appalachian Archives, from their U.S. Coal & Coke, International Harvester, Ewell Balltrip and Kentucky Coal Museum Photo Collections. Subscribe for more videos: http://www.youtube.com/channel/UCV3Nm3T-XAgVhKH9jT0ViRg?sub_confirmation=1 Like us on Facebook: https://www.facebook.com/ajplusenglish Download the AJ+ app at http://www.ajplus.net/ Follow us on Twitter: https://twitter.com/ajplus
Views: 57817 AJ+
India’s Mining Lease Cancellations And Falling Coal Imports | China’s Copper Imports Decline
Follow us on Facebook: https://www.facebook.com/MetalsUpdate/ Follow us on Twitter: @Metalsupdate Metalsupdate TV : http://www.metalsupdate.tv/
Views: 49 Metals Update
Mining Stocks Could See ‘Waterfall Declines’ - David Erfle
elf-made mining investor David Erfle is standing on the sidelines for now, waiting for gold prices to fall lower before he starts putting capital into the mining sector again, at least that was his main message to Kitco News when giving his 2017 outlook on the industry. ‘I think you’re going to feel a little more pain,’ he told Daniela Cambone. ‘I’m not going to commit any more capital into any miners until I see the gold price go below $1,100, which I think we’re really close to happening.’ February Comex gold futures continue to struggle, last trading down 0.19% on the day at $1131 an ounce. However, Erfle remains fairly optimistic for the gold price over the longer term as he says the mining sector has reached ‘peak gold.’ ‘I think you will see is a capitulation-type move to where the gold prices gets down below $1100, maybe even below $1,000, very quickly but it can’t stay down there for very long.’ Erfle also shares his top 3 mining stock picks for 2017 and why he is concerned there may be a ‘waterfall decline’ in store for miners in the coming days. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 4782 Kitco NEWS
SA diamond mining sector on the decline
State owned diamond mine Alexkor has announced it will diversify into coal and lime mining. It says the diamond industry is no longer sustainable
Views: 170 SABC Digital News
Cryptocurrency Mining Decline Hits NVIDIA Stock Due to Excess Inventory
The recent decline in cryptocurrency mining has led to a decline in NVIDIA's stock. This is mainly because of excess inventory, as NVIDIA expected GPU demand to be stronger than it has been recently. With second-hand GPUs being so affordable, it's going to be hard for NVDIA to get rid of all their backstock. This video is a snippet from a Weekly Wrapup episode that you can find here: http://lon.tv/ww227 Subscribe to my main channel at http://lon.tv/s for in-depth tech reviews and commentary! Subscribe to my email list to get a weekly digest of upcoming videos! - http://lon.tv/email See my second channel for supplementary content : http://lon.tv/extras Visit the Lon.TV store to purchase some of my previously reviewed items! http://lon.tv/store Read more about my transparency and disclaimers: http://lon.tv/disclosures Want to chat with other fans of the channel? Visit our forums! http://lon.tv/forums Want to help the channel? Start a Patreon subscription! http://lon.tv/patreon or donate to my Tip Jar! http://lon.tv/tipjar or contribute via Venmo! [email protected] Follow me on Facebook! http://facebook.com/lonreviewstech Follow me on Twitter! http://twitter.com/lonseidman Catch my longer interviews in audio form on my podcast! http://lon.tv/itunes http://lon.tv/stitcher or the feed at http://lon.tv/podcast/feed.xml Follow me on Google+ http://lonseidman.com We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
Views: 74 Lon.TV Snippets
When British Coal Was King - BBC Mining Part 1
Timeshift explores the lost world of coal mining and the extraordinarily rich social and cultural lives of those who worked in what was once Britain's most important industry. It's a story told through a largely forgotten film archive that movingly documents the final years of coal's heyday from the 1940s to the 1980s. One priceless piece of footage features a ballet performance by tutu-wearing colliers. Featuring contributions from those who worked underground, those who lived in the pit villages, those who filmed them at work and at play and those - like Billy Elliot writer Lee Hall - who have been inspired by what made coalfield culture so unique. Narrated by Christopher Eccleston
Views: 51143 ModifiedMethod
Arizona's Copper Mines | Development in the Desert
Mining jobs in Arizona are on the decline, but several proposed mines might give the industry a needed boost, if they can win over residents and get out of the permitting process. (Video by Kaly Nasiff/Cronkite News)
Views: 433 Cronkite News
Bonaparte Mining Technician discusses decline.wmv
Underground at the Bonaparte Property with BCT technician.
Views: 2376 MINEBLASTdotCA
My Trip To Singrauli Nigahi Coal Mine 2015
My Trip To Singrauli Nigahi Coal Mine 2015
Views: 48855 ZYME
Mining shares continue decline
Mining shares took a big hit on Monday, following the offer of the Department of Environment and Natural Resources post to Gina Lopez. Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews
Views: 4913 ABS-CBN News
Exploring One Of The Biggest Abandoned Mines In Nevada: Part 1
Consistent with its status as one of the biggest abandoned mines in Nevada, it requires a hike of thousands of feet and a significant elevation decline just to get down to where the underground workings really begin at this massive mine… As can be seen near the start of this video, there are twin portals and passages running parallel down to the underground workings. Our guess was that this was because one passage was for traffic entering the mine and the other for traffic departing the mine. Deep underneath the mountain, the passages converge on a main hub from which drifts branch out in all directions. At the heart of this hub is a breakroom and a large workshop. A large drift takes off to the right from the workshop, while to the left a drift meanders away and another passage descends deeper into the bowels of the mountain. In this first video, we explore the hub of the mine as well as the workings taking off to the left from the hub. Following the descending passage, we were eventually blocked by flooding as the mine workings continue deep beneath the water level inside of the mine. One can only imagine how many miles of workings are under those dark waters. Fortunately, the other main drift taking off to the left was on a slight upward incline and so the water drained down and (mostly) out. With the miles of underground workings at this abandoned mine stretching well into the double digits, one might expect there to be quite a lot of information available on this site. However, that is not the case. There is surprisingly little information to be found online and the various government agencies involved with this site have done a pretty thorough job of scrubbing references to it from their public databases. ***** All of these videos are uploaded in HD, so adjust those settings to ramp up the quality! It really does make a difference… You can click here for the full playlist of abandoned mines: https://goo.gl/TEKq9L If you like these videos on exploring abandoned mines, please subscribe! https://goo.gl/yjPxH1 Thanks for watching! ***** Growing up in California’s “Gold Rush Country” made it easy to take all of the history around us for granted. However, abandoned mine sites have a lot working against them – nature, vandals, scrappers and various government agencies… The old prospectors and miners that used to roam our lonely mountains and toil away deep underground are disappearing quickly as well. These losses finally caught our attention and we felt compelled to make an effort to document as many of the ghost towns and abandoned mines that we could before that niche of our history is gone forever. But, guess what? We have fun doing it! This is exploring history firsthand – bushwhacking down steep canyons and over rough mountains, figuring out the techniques the miners used and the equipment they worked with, seeing the innovations they came up with, discovering lost mines that no one has been in for a hundred years, wandering through ghost towns where the only sound is the wind... These journeys allow a feeling of connection to a time when the world was a very different place. And I’d love to think that in some small way we are paying tribute to those hardy miners that worked these mines before we were even born. So, yes, in short, we are adit addicts… I hope you’ll join us on these adventures! #ExploringAbandonedMines #MineExploring #AbandonedMines #UndergroundMineExploring
Views: 85783 TVR Exploring
Stats SA says mining production decline by 4%
Mining production continues to decline in the country. Stats SA says mining output fell by 4 and- a- half- percent in May. This after it contracted by 8. 5 percent in the first quarter dragging the whole economy into negative growth. For more news, visit: http://www.sabc.co.za/news
Views: 123 SABC Digital News
Mining data showed a decline in production
Two sets of key data out on Thursday draw a bleak picture for the local economy. Mining data showed a decline in production of 6.5% in May on an annual basis. Manufacturing production volumes were also down, by 3.7 percent, year-on-year. With the two sectors accounting for around 20 percent of South Africa's economic output, strong concerns remain that growth for the second quarter will be slim, if not negative.
Views: 128 SABC Digital News
Eagle East Decline Development
Development of the decline to Eagle East began in July 2016. Josh Lam, Mining Engineer and Project Superintendent explains the progress that has been made from July through January.
Views: 591 Eagle Mine
6News Investigates: Coal's decline hits hardest in Eastern Appalachia
Web story: http://www.wate.com/story/24970872/coals-decline-hits-hard-in-e-tennessee
Views: 7032 Alexis Zotos
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Views: 7962 GenicsTheCrypto
Analysts: Although Crypto Mining Decline, Nvidia will see revenue increase this quarter
Analysts: Although Crypto Mining Decline, Nvidia will see revenue increase this quarter -------------- Subscribe: https://www.youtube.com/channel/UCt6GWoQ4Ymg-g_HlHfS2TJQ?sub_confirmation=1 ---------------- Source: https://cointelegraph.com/news/analysts-despite-crypto-mining-decline-nvidia-will-see-increased-revenue-this-quarter ---------------- Thank You !
Foreign direct investment in African mining decline.
A number of risks on the African continent have seen foreign direct investment in African mining decline. That's the view of consultancy group Grant Thornton. However, it does say as infrastructure improves on the continent, so, too, will investment. Meanwhile, Mineral Resources Minister Susan Shabangu told a delegation of African mining ministers that Africa's natural resource endowment had the potential to eliminate poverty and inequality on the continent.
Views: 219 SABC Digital News
Is Mining Production in Decline Part 3
This video is another feature report for Pirate Pete's Gold & Silver Adventures. Pirate Pete is a newbie at stacking silver and gold and has created this channel to share his knowledge and experiences gained on his stacking adventures. Feel free to leave your comments, questions and criticisms. All questions will be replied to. Click 'Subscribe' if you like this video and wish to join on Pete's adventures. Check out www.asmreport.net for more investing and trading tips and news
RuneScape Mining & Smithing Rework - What's new?
Have you heard about the... well, we guess that by now you have. Here’s the Mining & Smithing Rework! And it's live NOW. Find out more right here: https://rs.game/MSReworkYT Grab the best-value RuneScape membership package, Premier Club, here: rs.game/PremierClubYT A big thank you to Jason and Charlotte at Chislehurst Caves and all of the staff at Mountfitchet Castle for helping us make this video happen! - Chislehurst Caves: http://www.chislehurst-caves.co.uk/ - Mountfitchet Castle: https://mountfitchetcastle.com/ ---------- Play RuneScape Free: https://rs.game/PlayNowYT Join our other communities! Join us on: Twitch - http://www.twitch.tv/runescape Reddit - http://www.reddit.com/r/runescape Twitter - http://twitter.com/runescape Facebook - http://www.facebook.com/runescape www.runescape.com #RuneScape #Mining #Smithing
Views: 105640 RuneScape
GeoffLems [Tricky 07]: Mining Workforce in Decline...
Get GeoffLems: http://www.lemmingsforums.net/index.php?topic=1838.45
Views: 22 IchoTolot
Ethereum Mining Profit | My Ethereum Rig Profit after 5 weeks!
Ethereum mining profit continues to decline in early 2018 as I review my ethereum rig profit since the start of 2018. Weekly ethereum mining profit declines of about 8% are pretty regular ATM as the ethereum mining profit hits a low point for the year. Check my actual mining profit from my ethereum rig with 6 AMD rx 580 GPUs in a dedicated ethereum rig. --- Follow me on Twitter www.twitter.com/RealSteveCoin
Views: 279 Steve Coin
Driving to the doorstep of the Merritt Decline at Pamlico, Nevada -- Newrange Gold CEO
Watch as our CEO Mr. Robert Carrington drives from the town of Hawthorne, #Nevada right to the #MerrittDecline at the Pamlico project. This decline is where it all started for us -- when we first sampled the length of the decline in Q1-2017, we found high-grade and disseminated gold mineralization that opens up potential for open pit mining. That may not sound like much, but it is a big change since the Merritt Decline was actually built to allow selective, underground mining. They planned to identify high-grade gold veins in the decline and follow them with drifts, in a similar way that underground mining has been done in this area since 1885. When we had a look around underground in the Merritt Decline, we identified rocks that contained gold that was so fine it could not be recovered in gold pan. That kind of rock would have seemed barren to old-timers, but it may be possible for us to mine it for gold with help of modern technology. Find out more about that on our website here: http://www.newrangegold.com/Pamlico-ph1.asp Did you notice the high-voltage transmission lines around 1:20 mark? A similar 234 kVA power transmission line actually crosses the central portion of the Pamlico property. It was installed by the same people who drove the Merritt Decline itself and actually obtained a trial mining permit for Pamlico when the project was held in a private company. This is mining country. The town of Hawthorne is the official seat for #MineralCounty, Nevada, which just says it all, doesn't it? There is a rich history of mining in this area of the world and a need for it again today. The team behind #NewrangeGold has experience with gold exploration and development, and are working hard to bring our experience to bear on the #PamlicoProject. Music credit to Jason Shaw for track "Acoustic Blues" from the album "Audionautix: Acoustic" available here: http://freemusicarchive.org/music/Jason_Shaw/Audionautix_Acoustic/ACOUSTIC_BLUES____2-32 Used under an attribution license. -- Follow us on twitter @NewrangeNRG https://twitter.com/NewrangeNRG And subscribe to our YouTube channel for updates. Thanks!
Views: 94 Newrange Gold Inc.
euronews reporter - Gold Rush In Romania
http://www.euronews.com/ This mountain contains Europe's biggest gold deposits. With the economic crisis, the price of gold is rocketing and there are plans to open new gold mines in Spain, Portugal, Slovakia, Greece, Northern Ireland and Romania. The Rosia Montana - Red Mountain - project is among the most controversial, due to the sheer size of the proposed site, the impact on environment, and the archaeological artefacts from Ancient Rome which are found all over this 2000 year-old site. Team-leader Calin Pal checks the preservation works being carried out in the protected section of the site, criss-crossed by galleries dug by the Romans. He says: "There are at least three generations of miners before me: My great grandfather, my grandfather, and my father. My hope is that the next ten generations will go on mining here too." Most locals feel the same way. They want the Canadian investors to start blasting as soon as possible. But opponents fear that the Roman galleries will be destroyed. To ease tensions, the "Gold Corporation" is investing millions of euros to transform at least part of the Roman galleries into an underground museum. Robert Horvath, an Archaeologist on the site said: "The biggest information is the shape of the gallery: So, when it is geometrical, we know it is Roman. And we find ladders, ancient Roman type. And we find lamp niches and we know that medieval miners did not use the same shape." Calin's men remove the backfill from centuries ago, so that the historic galleries can be mapped. Since 1998, mining in Romania has seen radical changes: 550 mines closed, 80,000 people laid off. The mines from Communist times did not conform with modern regulations, or with EU competition rules. When the Canadian investors arrived, the miners here had high hopes, but opponents fear that few profits will stay in Romania. But Catalin Hosu, Communications Manager for Rosia Montana Gold Corporation said: "We do have the biggest gold deposit in the European Union: over 300 tons of gold. We do have here a proposed investment of over two billion dollars. We are talking about benefits for Romania: over 4 billion dollars, that means over 50% of the total estimated revenues. And we are talking about creating thousands of jobs." To allay fears about pollution from the cyanide, the company has designed a dam. It will be strong enough to withstand an earthquake of 8 degrees on the Richter scale. Sorin Jurca, Rosia Montana Cultural Foundation, said: "All this area will be destroyed: The Corna valley over there, where 40 families still live, with two churches and with graveyards. The company wants to build a big dam and a lake covering 600 hectares. If they'll build the dam, all of this will disappear from the surface of this planet." Most of the inhabitants have already agreed to be resettled 70kms away, near Alba Iulia. On the outskirts of the town, the company has spent almost 30 million euros building 125 new houses and a church. Back in the mining region, ex-miners are hoping for new jobs, and a new economic future. But the Roma families fear they are being sidelined when it comes to hiring - out of the 480 people taken on so far, only 30 are Roma. Dorinel Pantir, a former Roma miner from Daroaia, said: "Gold Corporation should talk to us directly, not through the local mayor's people. We should set up a committee to sign a protocol with Gold Corporation so that at least one member of each Roma family will be hired." The decline of mining here has led to unemployment rates of around 80% and young people are leaving. But life has always been hard here. In the 50s, during the Communist era gold prospectors had problems too. Ioan Catalina, a gold prospector, explained: "The Secret Service police shouted: "To the wall, face the wall! And he started waving his pistol around, threatening us. "I could shoot you on the spot! But you have one last chance!" So my grandfather and his friend destroyed their gold milling equipment." The red water from the old galleries is so polluted nothing can survive in it. The Gold Corporation has built a water treatment station, a high-tech lab, using nano-filter technology. The says it will clean up not only its own waste water, but also the mess from past centuries. Catalin Hosu, Communications Manager, Rosia Montana Gold Corporation said: "What you see here is historic pollution. Maybe for hundreds of years. It is very acidic water. But it can be cleaned up. We have a pilot station, proving this. And this is the result: clean and drinkable water." Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 18797 euronews (in English)
Crypto Mining Decline Expected to Slash GPU Prices
Crypto Mining Decline Expected to Slash GPU Prices The recent decline in cryptocurrency mining has eroded demand for graphics cards, with card suppliers planning to slash prices to clean out their inventories. The softening market has snagged demand for ASIC mining equipment, supply chain sources have indicated. Graphics card prices are expected to ... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 27 CoinKorea

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