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Mining Declines
 
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Views: 284 Eyeopeningvideo
South Africa gold mining production declines
 
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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: 301 CNBCAfrica
Bitcoin's Recent Price Decline Is A GOOD THING - Here's Why!
 
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SILVER MINING PRODUCTION IS IN DECLINE
 
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SILVER MINING PRODUCTION IS IN DECLINE
The Decline of Coal in Southern Illinois
 
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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: 1963 Chicago Tribune
Bitcoin halts decline after weekend battle with Bitcoin Cash!
 
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Views: 4356 Kamal Glover
Stoke's a Ghost Town (Stoke-on-Trent: A city in decline)
 
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"A powerful thought provoking film... Beautifully done." Phil Freud - Sound effects editor & sound designer for film and TV. Twitter: @Freudsound Credits: http://www.freudsound.com/Phil%20Freud.html Stoke-on-Trent is my adopted home of nearly 9 years, coming here in 2006 to study Film Production part time at Staffordshire University. Stoke-on-Trent is like a city in decline. The city is working class and among the poorest in the UK since the closure of the coal mining pits, steel works and the decline in the pottery industry. As one of the voice in the film says, the people of Stoke are lovely people and they make the city what it is. However, the place has been run down over the years with places "often looking like a bomb site." Whole areas have been demolished, flattened, and have remained that way since 2006-7. Very little progress has been made, very little redevelopment, but the council are spending money on what many citizens see as white elephants. Subtitles available. On Dolby ProLogic systems, the soundtrack is mixed to create surround sound. Filming, audio, editing and sound design is original material by myself.
Views: 56371 Peter Nicholls
The DEATH of GPU Mining | RIP
 
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The graphics card industry is expected to see a decline of 40% with the arrival of Ethereum ASIC miners which could spell the death of GPU mining as we currently know it. GTX 1060: http://bit.ly/Giga1060NE GTX 1080: http://bit.ly/1080DukeNE Subscribe! https://www.youtube.com/subscription_center?add_user=jerzybakes420 Bookmark my CD Keys Link: http://www.cdkeys.com/?mw_aref=JokerProductions Patreon: http://www.patreon.com/jokerproductions Twitter: http://www.twitter.com/JokerReview Facebook: http://www.facebook.com/JokerPr0ductions Royalty Free Music by Epidemic Sounds
Views: 19302 Joker Productions
Mining shares continue decline
 
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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: 4911 ABS-CBN News
Bitcoin "Upcoming Trend Reversal", Volkswagen Joins IOTA And Bearish Sentiment On Decline
 
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Views: 17890 The Modern Investor
Exploring One Of The Biggest Abandoned Mines In Nevada: Part 1
 
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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: 56804 TVR Exploring
CRAWLING THROUGH A PIPE INTO THE UNKNOWN (Cwmystwyth mine)
 
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⬇️MY OLIGHT LINK⬇️ http://bit.ly/2JuUqR0 From July 27th-31st, get our products anywhere from 20-40% off. Specific sale highlights below: Day One only - S1R 40% off (July 27th) Day One- Five - R50 35% off (all 5 days) Day Two only - H2R 40% off (July 28th) Day Five only - M2R 40% off (July 31st) Day One-Five - all other products 20% off (all days of the sale) FREE STUFF: All orders £119 or more get a free S2A automatically All orders $199 or more get a free H1R. So after exploring in Wales for a couple of days we arrived at a cottage but unfortunately the owner was little bit reluctant to let us in. Instead the owner (Arthur) decided to take us to these Minds instead.... So come with us as we venture through a pipe into the darkness. SHARE SHARE SHARE LEAVE US A COMMENT AND IT COULD BE FEATURED IN OUR NEW "BEST COMMENTS OF THE MONTH" INTRO BECOME A PATREON? I FUND ALL MY OWN TRIPS AND EQUIPMENT BUT IF YOU WOULD LIKE TO CONTRIBUTE HEAD OVER TO MY PATREON ACCOUNT. ALL MONEY RECEIVED WILL GO TOWARDS MORE TRIPS WHICH I WOULDN'T OF NORMALLY PLANNED MEANING MORE VIDEOS! ⬇️TO DONATE CLICK HERE⬇️ https://www.patreon.com/Exploringwithfighters? HEAD OVER TO MY CHANNEL, SUBSCRIBE AND CLICK THE BELL SO YOU CAN BE ONE OF THE FIRST TO SEE MY WEEKLY UPLOADS ⬇️Exploring with fighters⬇️ https://youtube.com/exploringwithfighters ⬇️Instagram⬇️ https://instagram.com/exploringwithfighters ⬇️Facebook⬇️ https://www.facebook.com/exploringwithfightersofficial/ ⬇️Twitter⬇️ https://twitter.com/FighterExplore?s=09 ⬇️Exploring with Bucky⬇️ https://www.youtube.com/channel/UC3SSS1kVgB4SpEDRAUe3NJQ https://www.instagram.com/jordyexplores/https://www.instagram.com/bethxplores/ WHO WANTS TO WIN THE ROAD TRIP AUDI FOR £1? SHE HAS SERVED US WELL..... SHE IS APART OF THE CHANNEL..... BUT ITS TIME FOR HER TO RETIRE FROM THE ROAD TRIP LIFESTYLE. YOU CAN GET 1 ENTRY FOR £1 (AS MANY ENTRIES AS YOU LIKE) AND ON SUNDAY 5TH OF AUGUST I WILL GO LIVE TO PICK THE WINNER AT RANDOM USING A RAFFLE BOX. THE CAR WILL BE DELIVERED BY MYSELF AND BUCKY WHICH OF COURSE WILL BE ALL VLOGGED AND PUT ON THE CHANNEL. BEWARE THE CAR WILL COME AS IT IS WITH ROOF BOX AND WHATEVER LIES UNDER THE SEATS 😂 UNFORTUNATELY THIS IS UK ONLY. Cwm Ystwyth is considered the most important non-ferrous metal mining site in Wales providing a premier example of mining heritage in Ceredigion. Within the site there is evidence for all phases of mining activity; from the Bronze Age, through the medieval period, to its revival in the 18th century and the peak of activity with a subsequent decline in the late 19th and the early 20th century. It has been designated as a Scheduled Ancient Monument. The site also features prominently in the Upland Ceredigion Landscape of Historic Interest. In October 2002 the Banc Ty'nddôl sun-disc was discovered on the mining site. The disc is over 4,000 years old, which makes it the earliest gold artifact discovered in Wales
Modern Mining - How Eagle Mine produces nickel and copper
 
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This video will take you step-by-step through Eagle's mining process. In addition, the video explains the techniques we use to find nickel and copper. About us: Eagle Mine is a nickel-copper mine located in Michigan's Upper Peninsula. The underground mine is expected to produce 360 million pounds of nickel, 295 million pounds of copper and small amounts of other metals over its estimated eight year mine life. Eagle Mine is owned and operated by Lundin Mining Corporation.
Views: 68889 Eagle Mine
South Africa's Illegal Gold Mines
 
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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: 1683022 VICE News
Underground Drilling and Blasting Training DVD - ACG
 
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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.
ANTMINER A3 PROFITS DECLINE | SIACOINS DIFFICULTY INCREASES DRAMATICALLY
 
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Views: 7890 GenicsTheCrypto
Mining  fatalities decline
 
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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: 112 eNCA
6News Investigates: Coal's decline hits hardest in Eastern Appalachia
 
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Web story: http://www.wate.com/story/24970872/coals-decline-hits-hard-in-e-tennessee
Views: 3955 Alexis Zotos
The Unheard Story Of Appalachia's Coal, Part 1
 
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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: 37809 AJ+
Crypto Mining Decline Expected to Slash GPU Prices
 
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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: 24 CoinKorea
Coal, Community and Change - The Decline of British Coal Mining
 
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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: 2287 miningheritage
SA diamond mining sector on the decline
 
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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
How Coal's Decline Devastated Appalachia, Part 2
 
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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: 27600 AJ+
When British Coal Was King - BBC Mining Part 1
 
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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: 48167 ModifiedMethod
America's Post-Coal Country Is Struggling To Come Back (HBO)
 
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For years, politicians have promised to bring jobs and prosperity back to America’s depressed coal-producing regions. But that won’t be so easy to pull off, because in many places the industry didn’t so much decline as vanish. Josh Hersh went to a coal town in West Virginia where the way forward doesn’t lead back to the mines. Watch: "A group of Trump supporters went on tour to spread a message of peace" - http://bit.ly/2j0q9MT Read: "Here's who could actually do something about Trump's potential conflicts of interest" - http://bit.ly/2j4BEqX Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News 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/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo
Views: 33404 VICE News
Bonaparte Mining Technician discusses decline.wmv
 
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Underground at the Bonaparte Property with BCT technician.
Views: 2373 MINEBLASTdotCA
Eagle Mine - Mining Process
 
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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: 13717 Eagle Mine
The Demise Of The British Deep Coal Mining Industry   1960   2015
 
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Foreign direct investment in African mining decline.
 
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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: 216 SABC Digital News
Kellingley Colliery: Britain's last coal mine closes
 
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A million men used to toil beneath the ground. Coal-mining fuelled the industrial revolution and brought about the biggest industrial dispute of the last fifty years. Now Britain's last deep coal mine, Kellingley Colliery in Yorkshire, has closed. Subscribe for more like this, every day: http://bit.ly/1epe41j Dangerous world: http://bit.ly/1JCsSYb The news explained: http://bit.ly/1epgay4 Music: http://bit.ly/1RVTRNy Technology: http://bit.ly/1LI1K9y Like us on Facebook: http://on.fb.me/1wQ1Gty Follow us on Twitter: http://bit.ly/1mFUjBD
Views: 24018 Channel 4 News
HOW TO MINE BITCOIN? - Step by Step Tutorial - Bitcoin Mining Explained
 
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Views: 33075 Crypto Investing
Stats SA says mining production decline by 4%
 
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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
 
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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: 127 SABC Digital News
India’s Mining Lease Cancellations And Falling Coal Imports | China’s Copper Imports Decline
 
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Follow us on Facebook: https://www.facebook.com/MetalsUpdate/ Follow us on Twitter: @Metalsupdate Metalsupdate TV : http://www.metalsupdate.tv/
Views: 42 Metals Update
Is Mining Production in Decline Part 3
 
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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
Buckeye Decline 01
 
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Buckeye Decline 01
Mining Stocks Could See ‘Waterfall Declines’ - David Erfle
 
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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: 4770 Kitco NEWS
GeoffLems [Tricky 07]: Mining Workforce in Decline...
 
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Get GeoffLems: http://www.lemmingsforums.net/index.php?topic=1838.45
Views: 21 IchoTolot
Lack of skills: Australia faces a serious decline of new mining engineers
 
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Lack of skills: Australia faces a serious decline of new mining engineers SUBSCRIBE, Like & Share the mix if you enjoy it! : https://goo.gl/CozSNv Print Email Facebook Twitter More Skills shortage: Australia facing critical decline of new mining e... quotation :http://www.abc.net.au/news/2018-06-10/australia-facing-critical-shortage-of-mining-engineers/9851142
Views: 9 Top News Today
Arizona's Copper Mines | Development in the Desert
 
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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: 408 Cronkite News
Global Lessons from a Hard-Rock Mining Town: Dr. John Gunn at TEDxLaurentianU
 
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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: 4771 TEDx Talks
Coal Mining - Silverhill Colliery - 1992
 
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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: 10660 ThamesTv
NAV Model (Oil & Gas): Production Decline Curve
 
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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!
Recreational Destruction: Suction Dredge Mining & the Decline of Califorina's Fishery
 
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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: 24393 klamathmedia
Africa Mining Indaba concludes
 
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The Africa Mining Indaba concludes today with optimism around the prospect of a recovering Mining Industry. South Africa has experienced a decline in investment over the last 2 years. This was mainly as result of a decline in commodity prices and tough regulatory environment. But now there is a better outlook for the industry. The annual event attracts mining companies, investors, governments and other players, with the focus firmly on mining in Africa. For more news, visit: http://www.sabc.co.za/news
Views: 170 SABC Digital News