Children in the Philippines face health problems
There are currently 115 million children with ages from five to 17 years old who work in hazardous occupations worldwide, the United Nations International Labor Organization estimates. Among them, about a million children work in the mining industry. Hundreds of maybe even thousands of them live in the Philippines. Recently, the Center for Investigative Reporting, in collaboration with the […]
Gold: the ultimate store of value [infographic]
Gold has been going through a tough time with the downfall of its price, but that doesn’t make it any less valuable. Actually, gold is still the commodity that helps us define the value of things, despite the fact that it is extremely rare. Did you know that? Maybe not… And there are probably a […]
AngloGold Ashanti tested new gold mining technology
The big mining company AngloGold Ashanti is testing a new technology, created to substantially increase South Africa’s gold reserves. The firm is betting on autonomous deep level mining to protect its workers and increase production and revenue. Miners cannot go deeper than five kilometers into mines due to safety risks. Although AngloGold’s deepest mine – the […]
AngloGold Ashanti has technology that mines gold all the time
AngloGold Ashanti announced a new “game-changing technology” that can safely mine “all of the gold, only the gold, all the time”, said the firm’s new CEO Srinivasan Venkatakrishnan. There’s no drill and blast. Effectively it removes the seismic impact, brings a safe working environment, eliminates dilution and brings all of the gold out. AngloGold Ashanti recently announced it’s cutting […]