Fachartikel_01_2016

Canada is the second largest country in the world and one of the most important raw material suppliers worldwide. The country’s diverse natural resources include energy sources such as oil and gas, as well as many agricultural commodities, in addition to mineral deposits. Therefore mining has a long tradition in Canada. The province of Ontario, which is the motor of ...

The Russian economy is set to shrink by 3.5 to 4.0 % in 2015 and this recession is expected to continue through 2016. Oil prices are now at an all-time low and are predicted to remain so for the time being. The conflict in eastern Ukraine has flamed up again and this makes any lifting of Western sanctions unlikely. The prospects ...

Over the past ten years, thanks to billions in loans from the International Monetary Fund, a consistent policy of austerity, and strict spending discipline, Turkey has managed to avoid national bankruptcy and has experienced an economic boom with growth of up to 9 %. A stable political situation, economic reforms, low wages and the privatisation of most state-owned companies have been ...

In 2011 Mongolia experienced an economic boom with growth recorded at 17.5 % (1). This was triggered by the start of the first phase of the Oyu Tolgoi (OT) project that involved investments totalling 6.6 bn US$ (2). The International Monetary Fund (IMF) believes that Mongolia has natural resources worth between 1,000 and 3,000 bn US$ (3), including the world’s second-largest ...

As an industrial nation, Germany is obliged to safeguard its supplies of natural resources by obtaining a number of different raw materials that are not available, or cannot be supplied in sufficient quantities, on the domestic market. From a German perspective the development of overseas mineral deposits therefore plays a vital role when it comes to externally sourced commodities, and ...

The fall in prices for thermal and coking coal experienced for a long time now has forced all hard coal mines worldwide to resort to a special economy drive. A considerable part of their costs are caused by the operation of shield supports. The economic efficiency of the latter does not only depend on low acquisition costs, though. Other essential ...

The estimation of a deposit’s reserves depends on the geological and mineralogical characteristics as well as the market value of the product. It is also influenced by the mining and mineral processing technology applied and the respective costs generated. Ongoing challenges such as decreasing prices, lower grade ores, rising labour and equipment costs call for new approaches. This paper highlights ...