Only five months after Google’s billionaire co-founders and filmmaker James Cameron officially launched their asteroid mining focused Planetary Resources company, the U.S. National Aeronautics and Space Administration (NASA) is funding a study to evaluate how viable the endeavour really is.
If Ivanplats's $165 million worth of bonds are not redeemed for stock, rates on the debt soars to credit card-like repayments of just under 19% on November 10 and to an eye-watering 26% in November next year.
AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32% of the multinational's total gold production.
Researchers in the University of York' s Green Chemistry Centre of Excellence and the Centre for Novel Agricultural Products (CNAP) are giving a whole new meaning to the concept of “green mining,” as they said Friday they will develop a technique called "phyto-mining," which uses plants to extract platinum group metals (PGM) discarded during mine processing.
Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence provider.