
The Mining Industry Could Strike Gold With Automation
Mining stands to gain a lot from automation and the industry is waking up to the benefits of new technologies. But what helps one area can hurt another and mining automation could have drasticSeven trends that will shape the future of mining and metals
As mining companies try to limit risk novel financing and production models will become more common. After demand from China triggered a commodity boom in the first decade of the 21st century prices collapsed and mining companies were forced to focus on reducing debt ratios and improving their balance sheets.Socio-Economic Impacts of Mining World Gold Council
Some gold-mining companies are working to help overcome challenges faced by low-income and remote communities such as access to financial products. For many people around the world easy access to banking services is taken for granted with branches or automated teller machines ATMs on virtually every street corner.The direct economic impact of gold - PwC
Limited data are available on the scale of the contribution of gold mining to the public finances: such evidence as exists suggests that mining royalties are only a small proportion of the total fiscal contribution of gold mining companies. The estimated GVA of global gold recycling is between US$23.4 billion and US$27.6 billion.Related Articles
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