Posts Tagged :

mining company

Hydraulic Fracturing

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Hydraulic Fracturing, also called hydro fracturing, hydro fracking, fracking, or fraccing is a technique of oil mining. It was tested for the first time in 1947 and success to be applied commercially in the next 3 years. In 2012, there were 2.5 billion oil mining using hydraulic fracturing around the world.   Basically, this technique…

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Why Does Iron Ore’s Price Drop?

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In last September-October, iron ore’s price is dropping about 20%. Even though the price reached the peak in February : USD 90 per ton. The price is increasing in February, June, and August according to report, but soon falling down. What is the reason? It is because of China’s iron ore demand. Government of China planned…

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5 Exotic Minerals You Won’t Believe Exist

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One of the many perks of working in the mining industry is uncovering minerals. These naturally occurring substances take millions of years to form in nature, with only a small percentage ever seeing the light of day. some of the drawings of this mining are stunning and because of the uniqueness of these minerals there…

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Unique Facts Of Coal

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Coal is a combustible black or brownish-black semidentary rock, composed primarily of carbon along with variable quantities of other elements, such as hydrogen, sulfur, oxygen, and nitrogen. Coal is extracted from the ground by coal mining and has been used as energy resource. Here is some unique facts about coal. Do you know Titanic? Yes,…

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Reasons Why CSR is A MUST-TO-DO!

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From community’s perspective, mining companies need to provide a mechanism of compensation for the social and environment costs associated with mining. The costs are associated with environmental impact of the industry, higher food and housing costs, and social impacts from the increase number of workers living in the area. There are some benefits of doing…

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