Mine 3 http://www.mine3.net/ Fri, 13 May 2022 14:10:43 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 http://www.mine3.net/wp-content/uploads/2021/10/cropped-icon-32x32.png Mine 3 http://www.mine3.net/ 32 32 Solaris receives C$30 million from exercise of warrants http://www.mine3.net/solaris-receives-c30-million-from-exercise-of-warrants/ Fri, 13 May 2022 14:10:43 +0000 http://www.mine3.net/solaris-receives-c30-million-from-exercise-of-warrants/




















published by

Global Mining Review,






Solaris Resources Inc. received approximately C$30.4 million from the exercise of common share purchase warrants.

Further warrant expirations occur in 2H22 and 1H23 and, if exercised in full, would generate additional proceeds of C$54.1 million. Of these, approximately 63% of the remaining outstanding warrants are held by management, and primarily by the company’s executive chairman, Richard Warke.

Daniel Earle, President and CEO, commented: “With last year’s intensive resource drilling program at Warintza Central having established a voluminous mineral resource estimate and a robust starter pit, we are now directing our efforts towards immediate high-impact drilling aimed at expanding the starter pit into open extensions of near-surface high-grade mineralization at Warintza Central, expanding the minimal-drilling discovery at Warintza East and testing the potential of the nearby discovery at Warintza East. Warintza West.

Read the article online at: https://www.globalminingreview.com/finance-business/13052022/solaris-receives-can30-million-from-warrant-exercises/







]]> Removing barriers to growth key to improving perception of mining in South Africa, says Minerals Council http://www.mine3.net/removing-barriers-to-growth-key-to-improving-perception-of-mining-in-south-africa-says-minerals-council/ Wed, 11 May 2022 09:01:00 +0000 http://www.mine3.net/removing-barriers-to-growth-key-to-improving-perception-of-mining-in-south-africa-says-minerals-council/

President Cyril RamaphosaSouth Africa’s recognition of being ranked seventy-fifth among global mining jurisdictions in the latest Fraser Institute survey means that the South African government must respond urgently and decisively to remove barriers to growth and development. development of the mining industry, said the Minerals Council South Africa mentioned.

Speaking at the Investing in African Mining Indaba, held in Cape Town on May 10, Ramaphosa noted the successes that could be achieved if the public and private sectors worked together, with the Minerals Council noting the president’s pledges to remove barriers that block the growth of the mining industry. industry and to support this essential sector of the economy.

The council said in a press release that Ramaphosa’s speech did not shy away from the difficulties the mining industry faces when considering investments to support and develop mines, or to explore for new mineral deposits.

Mining companies are in a difficult operating environment, with high levels of crime, costly and erratic electricity supply and logistical bottlenecks on rail and at ports that cost companies and the tax authorities billions of rands. “, he noted.

Minerals Council CEO Roger Baxter described Ramaphosa’s speech as a constructive and realistic speech, highlighting the contribution of the mining industry to the country.

“We have a high degree of resonance between the government and the Minerals Council on what will shape the industry for sustainable and inclusive growth in the future. President Ramaphosa’s commitment to reducing legal and regulatory burdens is critical,” he said.

Minister of Mineral Resources and Energy Gwede Mantashemeanwhile, said the department would meet with the Minerals Council to discuss concerns raised by the investigation and work collaboratively to improve the perception of South Africa as a destination for exploration and mining.

The Minerals Council said Ramaphosa’s comments were a welcome acknowledgment of the role the South African mining industry has played in stabilizing South Africa’s tax and economy in 2021.

Regarding the preparation of its workforce to deal with the implications of Covid-19 in the future, the council pointed out that the mining industry had vaccinated three quarters of its 458,000 employees, which in makes it the “first economic sector to protect its workforce”.

Baxter added that the board would continue discussions on improving energy security and returning the state-owned Freight Rail division of Transnet to a position in which it could deliver the contracted tonnages and, at the end of the account, reach the installed capacity.

In addition, the Minerals Council said it supports and endorses the work being done by Operation Vulindlela – an initiative of the Presidency and the National Treasury to drive structural and policy reforms to revive economic growth.

The decision to allow integrated power generation of up to 100MW without the need for a license was the “most significant structural reform in a decade”, the council reiterated.

To date, members of the Minerals Council have planned more than 4GW of energy projects worth R65 billion, a venture which the council says needs to be accelerated.

In this regard, what is needed is a significant shortening of the timeframes associated with the environmental permitting and grid connection processes, he added.

Meanwhile, Ramaphosa said that through Operation Vulindlela, the Ministry of Water and Sanitation is working to process 80% of water use license applications submitted by mining companies. within 90 days.

Baxter said this was an important development for the mining industry, for which water is a vital part of their operations, and another example of the government addressing constraints holding back investment.

However, he noted that the mining industry also needed the Department of Mineral Resources and Energy to clear the backlog of over 4,000 mining and exploration permits which was holding back further investment in mining. exploration and mining.

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Logano beats Byron late for Darlington win | News, Sports, Jobs http://www.mine3.net/logano-beats-byron-late-for-darlington-win-news-sports-jobs/ Tue, 10 May 2022 06:02:39 +0000 http://www.mine3.net/logano-beats-byron-late-for-darlington-win-news-sports-jobs/

Joey Logano reacts in Victory Lane after winning a NASCAR Cup Series auto race at Darlington Raceway, Sunday, May 8, 2022, in Darlington, SC (AP Photo/Matt Kelley)

DARLINGTON, SC (AP) — After William Byron hugged him to the wall in a final restart, Joey Logano knew what he would do if given the chance to regain the lead.

Logano hit Byron from behind on the penultimate lap to win at Darlington Raceway on Sunday. Byron hit the wall at turn three and Logano took his first win of the season and his first on the track “Too hard to tame.”

“There’s something to be said for an angry racing driver”, said Logano, who broke a 40-race winless drought.

Logano, who started from pole, had one of the strongest cars all day and was in the lead coming out of the pits heading into a restart with 25 laps to go. But Byron, who started low, forced Logano into the wall and out of the lead.

“If someone is willing to do this to you, then the gloves are off”, Logan said.

Byron was unhappy with the maneuver, calling Logano a “you idiot” and one “imbecile” who ran others in dubious fashion throughout his career.

Darlington fans let the Team Penske driver know what they were thinking, booing the 2018 NASCAR champion when he got out of his car.

“I’ve been called many things, much worse than moron,” Logan said.

Byron, who signed a contract extension with Hendrick Motorsports, looked set to maintain his team’s dominant season in the final rounds. Instead, Logano broke a 40-race winless drought.

Tyler Reddick finished second followed by Justin Haley, Kevin Harvick, Chase Elliott, Christopher Bell, Michael McDowell, Ricky Stenhouse Jr., Austin Dillon and Daniel Suarez.

Byron fell to 13th. He said the restart was just a close race and Byron didn’t deserve a hard hit to the rear bumper so close to the end.

“He hit me so hard he knocked the whole right side of the car down and sent me into the corner,” said Byron. “He’s just a moron. He can’t win a race, so he does it like that.

Logano led 108 of 293 laps and reached victory lane for the first time since winning on gravel at Bristol in 2021.

It was the first time the new Next Gen car had taken NASCAR’s oldest superspeedway and the results were mixed. The race was solid, although several of the top competitors did not last to the finish.

Defending NASCAR champion Kyle Larson sat out with engine failure after 112 laps. Former champions Kyle Busch and Brad Keselowski were also absent long before the finish.

Odds on favorite?

Larson was the betting favorite to win for the first time at Darlington. But the defending Cup Series champion continued his bad luck at NASCAR’s oldest superspeedway. Larson, starting second, led 30 of the first 32 laps before spinning on lap 54 and crashing out on 29th.

Larson had worked his way into the top 10 at the start of stage two before returning to the pits where his crew blew the bonnet. They couldn’t get the car to start again – “I have, like, no power” Larson told them – and rolled it into the garage.

It’s been that kind of stretch for Larson, who has finished second in his last three races at Darlington. During a tire test here last month, Larson hit the wall twice at the start.

It was the fourth time in 12 races this season that Larson was out before the end.

“Shame,” said Larson. “But the good thing is that we were very quick.”

Parking spot

Kyle Busch’s day ended after he couldn’t avoid running into Brad Keselowski after the Roush Fenway runner tagged the wall just in front of Busch. A frustrated Busch drove his #18 car to pit road and left it there, walking in his trailer.

A tow truck had to hook up the Joe Gibbs Racing machine and move it to the garage. Busch had led 19 laps at the start of the race.

Busch was fined $50,000 by NASCAR last year when at the Southern 500 here he drove his damaged machine into the garage, knocking over several cones and causing people to quickly scatter in the way.

Busch was asked why he stopped where he did. “I just couldn’t make the corner” he replied.

Following

The series moves to Kansas Speedway, where Kyle Busch is the defending event champion. Kyle Larson won the October race at Kansas.



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the worker-hating capitalist experiment rumbles on http://www.mine3.net/the-worker-hating-capitalist-experiment-rumbles-on/ Sun, 08 May 2022 13:00:49 +0000 http://www.mine3.net/the-worker-hating-capitalist-experiment-rumbles-on/

This week marked 204 years since the birth of German philosopher Karl Marx. Much ink, controversy, and assertion has been spilled in decoding Marx’s views and positions on political economy over the years.

I won’t burden you with that except to say that Marx’s political project was to expand human freedom and fight oppression in all its forms.

History and the present teach us one thing: the lucrative mining sector is the poster child for exploitation where inequality has flourished for nearly 200 years in South Africa.

The sector has been the cornerstone of the South African economy for over a century. He helped build towns and villages. But we know all too well that the industry’s history is not rosy.

Many miners have been killed or seriously injured in mine accidents, and thousands have died of lung diseases brought on by working in enclosed spaces filled with coal dust. They are mostly black workers. The sector has historically played a significant role in expanding inequality that has made this country the most unequal society in the world.

Even today, the meager wages and poor conditions in which miners continue to work today in South Africa are a direct legacy of the early years of mining and apartheid. It’s as if the Freedom Day we commemorated last month was not for working people.

What has also been consistent is the sector’s blatant refusal to recognize the legions of workers who risk their lives and physical integrity extracting wealth from the belly of the earth – wealth that has made big cat CEOs fabulously rich. while the workers have to beg for peanuts. This is the face of mining in the country. It’s an ugly sight.

As I type this, workers at Sibanye-Stillwater have gone over three months without pay, simply for asking for a pay rise of R1,000 per month for the next three years. The mine wants to give its workers just R800, suggesting the workers are greedy. Good grace!
This is a company whose CEO Neal Froneman took home R300 million last year. His bonus consists of a base salary of R12.42 million, a cash bonus of R7.8 million and R264 million in additional share proceeds.

Froneman is just one of many fat cat CEOs, mostly white men, who continue to earn handsomely while their employees live hand to mouth.

Soaring commodity prices last year translated into lucrative profits for the mining industry. But this did not, by design, affect the average South African miner. Over the past century, companies have focused on designing performance metrics to justify increasing executive compensation levels.

The disgruntled North West workers who ousted President Cyril Ramaphosa last week operate not far from the Marikana mine in the country.
platinum belt where police shot dead 34 striking miners and seriously injured dozens more in 2012.

The Marikana Massacre revealed the extreme consequences of constantly paying low wages, while extracting vast mineral wealth from the earth.

It is a national disgrace that around some of the most valuable platinum deposits on the planet, poverty, underdevelopment and low wages continue to be a feature of this economy that dooms workers and their families. to generational poverty.

Our leaders always said we couldn’t afford to have another Marikana. But little has been done to ensure workers get their fair share of the wealth they produce under grueling conditions.

Sibanye workers, and generations before them, never asked or expected to be rich. All they ask for is a fair share of the wealth created by their labor.

For the capitalists, it is a battle for super profits and generous bonuses. For the workers, it is a fight for their rights as human beings.

South Africa cannot continue to hold the dubious distinction of being one of the countries with the most cavernous wage gap between big cats and typical workers. The road to economic freedom begins with paying workers well for the work they do. And the government cannot claim to be an honest bystander when workers in all industries continue to be exploited by multinational corporations.

For the latest sports news from Sunday World, click here.

To follow @SundayWorldZA on Twitter and @sundayworldza on Instagram, or like our Facebook page, Sunday World, by clicking here for the latest breaking news in South Africa. To subscribe to Sunday World, Click here

Kabelo Khumalo

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Letter – Withdrawal of Crown Land for NWMO Potential Host Studies – Wawa-news.com http://www.mine3.net/letter-withdrawal-of-crown-land-for-nwmo-potential-host-studies-wawa-news-com/ Fri, 06 May 2022 12:00:38 +0000 http://www.mine3.net/letter-withdrawal-of-crown-land-for-nwmo-potential-host-studies-wawa-news-com/

Dear Brenda,

Recently, the Nature Conservancy of Canada (NCC) celebrated Earth Day by announcing that 1,450 square kilometers of boreal forest in northern Ontario near Hearst will be protected. Certainly, this is a step in the right direction. The cost of purchasing this land from Domtar is $46 million.

By comparison, 3,182 square kilometers were removed from Crown land in Northern Ontario for the Nuclear Waste Management Organization (NWMO), an industry organization, between 2013 and 2015. This is more than double the area purchased by the NCC. Unfortunately, this was done at no cost to the NWMO and without prior public or aboriginal consultation by the province. In size, these 18 samples represent three-fifths the size of Prince Edward Island or the area of ​​Lake Nipigon. The reason for the withdrawals; however, was not to preserve nature – but a very different purpose.

They concerned the NWMO’s studies of potential host sites for 5.5 million radioactive fuel rod bundles to be stored in a nuclear deep geological repository (DGR) for eternity. The withdrawal requests were granted under former Northern Development and Mines Minister Michael Gravelle. Included were locations near Ignace, Schreiber, Hornepayne, White River, Manitouwadge, Blind River and Elliot Lake (a drawn map of the setbacks shown in color is from the NDM Mining Lands Administration System (MLAS) and is attached) .

Worryingly, Canada has no law against importing radioactive waste and, indeed, it is now happening in a storage ‘mound’ at Chalk River where a proposed near-surface disposal facility meets considerable opposition. In April 2021, Radio Canada’s “Enquête” program revealed that former Prime Minister Jean Chrétien was part of a secret nuclear waste storage project in Labrador. One wonders if the provincial Liberals under Kathleen Wynne were in cahoots with Jean Chrétien on the import of international nuclear waste into Northern Ontario? Liberals in Newfoundland and Labrador were quick to deny being part of the scheme, and Labrador residents were horrified. Here in Northern Ontario, the story is different.

The pullouts near Lake Revell, 42 kilometers west of Ignace and the Wabigoon Lake Ojibway Nation downstream have been identified by the NWMO as one of two preferred locations for the DGR. This site is at the source of not just one but two major rivers: the Turtle River and English-Wabigoon river systems. Revell and Raleigh headwaters and nearby fresh trout lakes are all spring fed. This vast and beautiful water-covered landscape eventually reaches Lake Winnipeg and continues to Hudson Bay via the Nelson River. It sits in the heart of Treaty 3 which itself has more surface water than Lake Ontario (watershed flow map courtesy of Charles Faust).

The question is, at a time when we are desperately trying to protect the land, especially the headwaters of northern Ontario, why are we threatening it with underground nuclear dumps? Since it’s election time, demand that our politicians return to the Crown the lands taken away for the nuclear industry and protect the public interest.

Greg Rickford, Ontario Minister of Northern Development, Mines, Natural Resources and Forestry and Minister of Aboriginal Affairs – I hope you are listening!

Paul Filteau

Thunder Bay, Ontario

This press release
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Diamond Mining Market Size and Forecast http://www.mine3.net/diamond-mining-market-size-and-forecast/ Fri, 06 May 2022 05:35:14 +0000 http://www.mine3.net/diamond-mining-market-size-and-forecast/

New Jersey, United States – Comprehensive analyzes of the fastest growing companies diamond mining market provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for Diamond Mining. This report provides an overview of the company’s activities and financial situation (a company profile is required if you want to raise capital or attract investors), recent developments (mergers and acquisitions) and recent SWOT analyses. This report focuses on the diamond mining market over the assessment period 2029. The report also provides an analysis of the diamond mining market growth which includes Porter’s Five Factor Analysis and supply chain analysis.

It describes the behavior of the industry. It also outlines a future direction that will help companies and other stakeholders make informed decisions that will ensure strong returns for years to come. The report provides a practical overview of the global market and its changing environment to help readers make informed decisions about market projects. This report focuses on growth opportunities that allow the market to expand its operations in existing markets.

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The report helps both major players and new entrants to analyze the market in depth. This helps key players determine their business strategy and set goals. The report provides key market insights including niche growth opportunities along with market size, growth rate and forecast in key regions and countries.

The Diamond Mining report contains data based on rigorous studies of primary and secondary schools using the best research practices. The report contains exhaustive information which will allow you to evaluate each segment of the Diamond Mining market. This report has been prepared considering various aspects of market research and analysis. It includes market size estimates, market dynamics, and company and market best practices. Entry marketing strategy, positioning, segmentation, competitive landscape and economic forecasts. Industry-specific technology solutions, roadmap analysis, alignment to key buying criteria, in-depth vendor product benchmarking

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De Beers, ALROSA, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds, Rio Tinto, Stornoway Diamond, Mountain Province Diamonds, Archon Minerals, Rockwell Diamonds, Lonrho Mining, Diamond Corp, Peregrine Diamonds, True North Gems, Tsodilo Resources, Shore Gold, Paragon Diamonds, North Arrow Minerals, African Consolidated Resources, Debswana Diamond, Koidu Holdings, Mwana Africa, MIBA

Diamond Mining Market Segmentation:

By Product Type, the market is primarily split into:

• Open pit mining
Underground mining

By application, this report covers the following segments:

• Jewelry
• Industrial applications
• To research
• Other

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Scope of the Diamond Mining Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

Geographic segment covered in the report:

The Diamond Mining report provides information on the market area, which is subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region over the estimated period.

• North America (USA and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and rest of Latin America)
• Middle East and Africa (GCC and Rest of Middle East and Africa)

Answers to key questions in this Diamond Mining Market report

  1. How much revenue will the Diamond Mining Market generate by the end of the forecast period?
  2. Which market segment is expected to have the maximum market share?
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  4. Which regions are currently contributing the maximum share of the overall diamond mining market?
  5. Which indicators are likely to drive the Diamond Mining market?
  6. What are the key strategies of the major Diamond Mining market players to expand their geographical presence?
  7. What are the key advancements in the Diamond Mining market?
  8. How do regulatory standards affect the diamond mining market?

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Curragh increases waste disposal before changing operating model http://www.mine3.net/curragh-increases-waste-disposal-before-changing-operating-model/ Fri, 06 May 2022 03:48:47 +0000 http://www.mine3.net/curragh-increases-waste-disposal-before-changing-operating-model/

The Curragh mine is also well advanced in setting up dry hire arrangements in the Curragh North mining area, where four fleets will be converted to a model operated by Coronado.

Curragh’s objective for the June quarter and the remainder of 2022 is to continue to implement the “One Curragh Plan” to drive the operational performance of the mining plan to ensure greater coal availability.

“The mine’s production rates are weighted to the second half of the year, with a particular focus on waste removal and box cutting work in the first half to improve dragline length and decongest the mine” , Coronado said.

“Planned maintenance activities for one of the Curragh draglines and the CHPP [coal handling and preparation plant] installations are scheduled for the June term. Highwall’s mining activities are scheduled for the second half of the year. »

Curragh run-of-mine production for the March quarter was 3.5 million tonnes, 3.9% higher than the December quarter.

“Higher production rates in the March quarter were achieved compared to the prior quarter, which was impacted by above-average wet weather and a temporary shutdown following the security incident,” the company said.

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Gallstone Removal Services Market Overview 2022, Analysis and Forecast to 2030 – Queen Anne and Mangolia News http://www.mine3.net/gallstone-removal-services-market-overview-2022-analysis-and-forecast-to-2030-queen-anne-and-mangolia-news/ Wed, 04 May 2022 13:13:49 +0000 http://www.mine3.net/gallstone-removal-services-market-overview-2022-analysis-and-forecast-to-2030-queen-anne-and-mangolia-news/

Gallstone Removal Services Market Outlook:

Global Gallstone Removal Services Market the report includes the objectives and scopes of the market during the forecast period by highlighting the key segments, trends and major players to provide comprehensive data on the market status, trends, segmentation and development forecast of the global gallstone removal services market. The research report includes an in-depth study of the overall industry status, industrial policies and restraints, changing market dynamics and their impact across the globe.

Get a FREE sample PDF of the report @ https://marketstrides.com/request-sample/gallstone-removal-services-market

Some of the major players in the Global Gallstone Removal Services Market are
NovaTract Surgery
Sklar Surgical Instruments
olympus america
Medtronic
Intuitive surgery
Fortimedix Surgery
Levita Magnetics
Simulab Corporation

Gallstone Removal Services Market Research Report provides an in-depth analysis of the competitive emerging markets in the global market.
The research report includes specific segments by region (country), by manufacturers, by type, by application, by market share and by revenue. Each type provides information about the production during the forecast period from 2022 to 2030. The application segment also provides the consumption during the forecast period from 2022 to 2030. The segments help in identifying the different factors, key trends driving market growth. The Gallstone Removal Services Market report also provides company share analysis by countries, regions and types.

Research Methodology

Our research methodology is a mix of secondary and primary research that ideally begins with exhaustive data mining, conducting primary interviews (suppliers/distributors/end users) and formulating ideas, estimates and grow accordingly. Final primary validation is a mandate to confirm our research findings with key opinion leaders (KoLs), industry experts, gallstone removal services include major supplies and independent consultants, among others .

Understand the influence of COVID-19 on the Gallstone Removal Services Market with our experts monitoring the situation across the globe. for more information Ask now

Market segmentation

The gallstone removal services market is segmented on the basis of type, application, end-use industry, region and country.

Global Gallstone Removal Services Market By Type

Laparoscopic Cholecystectomy,
Open cholecystectomy
Medications
Other

The gallstone removal services market sub-segment is expected to hold the largest market share during the forecast period. Growing concern regarding the market and industry is expected to drive the market for gallstone removal services.

Global Gallstone Removal Services Market By Application

Hospitals
Ambulatory Surgery Center (ASC)
Diagnostic centers
Other

Gallstone removal service application valves are one of the most fundamental and indispensable components of today’s modern technological society. The market segment is expected to hold the largest market share in the global gallstone removal services market.

By region:

• North America (US, Canada)
• Europe (UK, Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia)
• Latin America (Brazil, Mexico)
• Middle East and Africa

We’ve also covered your frequently asked questions

  • What are the major companies operating in the Gallstone Removal Services Market?
  • What are the Global Key Types/Applications of Gallstone Removal Services Market?
  • Who are the key players in the Gallstone Removal Services Market?
  • What are the driving factors fueling the growth of the Gallstone Removal Services Market?
  • Which region accounted for the largest Gallstone Removal Services market share?

Impact of Covid on the Gallstone Removal Services Market

The COVID-19 pandemic has presented new challenges to businesses in the global marketplace. Major consumers of Gallstone Removal Services industry are medical devices and different sectors. The global production of medical devices stood at one million units in 2019. In 2020, the exponentially growing market faced an unforeseen obstacle – the COVID19 pandemic. Even though the market managed to avoid incurring losses, it experienced slow growth during the terrible year.

Here are the main features of the report:

Full overview of market structure: Overview, industry life cycle analysis, supply chain analysis.
Analysis of the market environment: Growth drivers and constraints.
Recent market segment forecasts.
Competitive landscape and dynamics: Market share, product portfolio, etc.

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Omniflex and AMOG receive funding from METS Ignited http://www.mine3.net/omniflex-and-amog-receive-funding-from-mets-ignited/ Wed, 04 May 2022 08:09:05 +0000 http://www.mine3.net/omniflex-and-amog-receive-funding-from-mets-ignited/

Omniflex and AMOG Consulting, which have collaboratively developed oversized Industrial Internet of Things (IIoT) sensing instruments for the global mining industry, have received new funding from METS Ignited as part of a funding initiative from 2.5 million Australian dollars. The funding is intended to support companies that have successfully commercialized technologies under previous METS Ignited-funded projects in the mining equipment, technology and services (METS) sector.

Mines often work by blasting mine and pit faces with explosives, producing rubble of various shapes and sizes, ranging from small pebbles to meter-wide boulders. This is then loaded onto large haul trucks and transported to an ore crusher. When oversized rubble reaches the crusher, it can jam and damage it, halting production while blockages are cleared or parts are replaced.

Omniflex and AMOG have collaboratively developed IIoT instrumentation to enhance oversized sensing capabilities for the global mining industry. The system uses sensors to detect the size of ore rubble as it is loaded into haul trucks to be transported from the blast site to the crushing plant. This information is communicated wirelessly in real time to the driver, mining operations and/or remote data storage for further analysis.

“The sensors, jointly designed by AMOG and Omniflex, detect signals on board the truck when ore is dumped into the bin,” said David Celine, CEO of Omniflex. “Data is processed using machine learning techniques to estimate the size of rocks as they are dumped into the truck. This information is then communicated wirelessly through a gateway on the haul truck to the driver and operations. mining companies to inform them of the oversized ore load before the truck leaves after being loaded.

“The technology has demonstrated detection accuracy of over 80%, which is a big improvement over common detection methods that are estimated to be less than 5% accurate. Notably, the technology does not rely on visual sensing or cameras and therefore works in almost any condition. It’s also simple to modernize and expandable to many other high-value applications.

The creation of the initial technology was made possible by funds from the METS Ignited Collaborative Project. Based on the success of the first pilot projects, this new project aims to accelerate the company’s scale to meet global industry demand. This includes expanding production, testing capabilities, certification, enabling rapid adoption of this innovative digital technology.

Read the article online at: https://www.globalminingreview.com/finance-business/04052022/omniflex-and-amog-receives-funding-from-mets-ignited/

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Alianza Minerals: magnetic study completed on the Klondike Copper property, Colorado http://www.mine3.net/alianza-minerals-magnetic-study-completed-on-the-klondike-copper-property-colorado/ Mon, 02 May 2022 13:19:35 +0000 http://www.mine3.net/alianza-minerals-magnetic-study-completed-on-the-klondike-copper-property-colorado/

Vancouver, BC – TheNewswire – May 2nd2022 – Alianza Minerals Ltd. (“Alanza”) (TSXV: ANZ), (OTC: TARSF) and Cloudbreak Discovery Plc (“Cloudbreak”) (LSE: CDL) (there “Alliance”) are pleased to announce that their partner Allied Copper Corp. (“Allied”) (TSX-V: CPR) completed an airborne magnetic survey on the Klondike property (“Klondike”), located in southwestern Colorado, USA. A total of 213 linear kilometers of surveying was completed on the property to help prioritize drill targets for future campaigns. The Klondike property consists of 76 unpatented mining claims, a Colorado state exploration license and an exclusive right to a state lease.

The recently completed survey was conducted using a drone-mounted magnetometer collecting data at line spacings of 50 meters to provide a high-resolution data set to help target drilling to targets of the northeast fault, the west fault and the east fault. Data from the current program is being processed and results will be interpreted to identify potential structures and alterations associated with copper mineralization.

Allied Files Technical Report

Allied Copper recently filed National Instrument (“NI”) Technical Report 43-101 on SEDAR entitled “Technical Report on the Klondike Exploration Project, San Miguel County, Colorado, USA”. The report is available at www.sedar.com or on the Allied website at www.alliedcoppercorp.com.

About Klondike Property

The Klondike property is located approximately 25 kilometers south of Naturita, Colorado. This property is within the Paradox Copperbelt, which includes the Lisbon Valley mining complex. Numerous historic copper occurrences have been identified throughout the district, however, many have not been explored using modern exploration techniques.

A 2021 reconnaissance program including mapping, stream sediment sampling and rock sampling has been undertaken on the Klondike property to help define drill targets at the West Graben Fault and East Graben Fault targets . Rock sampling and mapping successfully extended the footprint of both targets and identified a new target named Northeast Fault. Sampling at the northeast fault returned 1.56% copper and 1.4 grams per tonne (“g/t”) silver in a 4.6 meter chip sample of bleached Jurassic sandstone, bitumen stained and weathered from the Saltwash member of the Morrison formation.

The copper-mineralized sandstones of the Northeast Fault target can be traced along the fault and out of it in the adjacent sandstones over an area 200 meters long by 100 meters wide before d be obscured under a gravel cover. Further anomalous copper, including 2.1 meters of 463 ppm copper, was encountered over a kilometer to the northwest, where the host structure and strata then appear under the same gravel cover.

In the Klondike, documented exploration for copper ceased in the 1960s and further exploration targeting uranium in the 1970s. Previous workers reported high-grade copper mineralization evidenced by results of 6, 3% copper and 23.3 g/t silver in outcrop. In addition to its high-grade potential, disseminated copper-silver mineralization has been observed which may be amenable to modern open pit mining with solvent electrowinning (“SXEW”) processing similar to the mining complex of the Lisbon Valley. Sediment-hosted copper deposits contribute significantly to global copper production, accounting for over 20% of the world’s copper supply each year.

The project is accessible by road year-round, traveling two kilometers of gravel road from the paved highway. The project includes 76 mineral claims on federal mineral rights managed by the BLM, in addition to an exploration license and an exclusive right to a state lease from the State of Colorado.

Figure 1. Klondike Geology and Copper Results Map

About the Strategic Alliance

Under the terms of the Alliance, Cloudbreak Discovery PLC or Alianza Minerals Ltd can submit projects to the Alliance. Projects accepted into the Alliance will be held 50/50 but the financing of the initial acquisition and any preliminary work programs will be financed 40% by the introducing partner and 60% by the other party. Project expenses are determined by a committee made up of two senior executives from each party. Alianza is the operator of Alliance projects unless the Alliance Steering Committee determines, on a case-by-case basis, that Cloudbreak would be a more appropriate operator. The initial term of the Alliance is two years and can be extended for an additional two years.

About Cloudbreak Discovery PLC

Cloudbreak Discovery PLC, is a leading natural resource project generator, working on a wide range of mining assets which are developed and managed by an experienced team with a proven track record. Accretion of value in projects developed by Cloudbreak’s generative model enables a multi-asset approach to investment and exploration. Diversification within the mining sector and among resource classes is essential to withstand natural resource investment cycles.

About Alloyed Copper

Allied Copper Corp., headquartered in Vancouver, British Columbia, is a mining exploration company focused on acquiring and developing prospective, scalable, long-lived copper-gold assets in the western United States. The Company’s strategy is to focus on low cost, high growth potential operations in low risk jurisdictions. Allied Copper’s management is committed to operating efficiently and transparently in all areas of the business.

About Alianza Minerals Ltd.

Alianza uses a discovery-driven business model of joint venture financing and self-funded projects to maximize the chances of exploration success. The Company currently has gold, silver and base metal projects in the Yukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza has an optional project (Tim, Yukon Territory) with Coeur Mining, Inc. and is actively seeking partners on other projects.

Alianza is listed on the TSX Venture Exchange under the symbol “ANZ” and trades on the OTCQB market in the United States under the symbol “TARSF”.

Mr. Jason Weber, P.Geo., President and CEO of Alianza Minerals Ltd. is a qualified person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this press release.

For more information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communication

Tel: (604) 807-7217

Fax: (888) 889-4874

Renmark Financial Communications Inc.

Scott Logan

This email address is protected from spam. You need JavaScript enabled to view it.

Tel: (416) 644-2020 or (212) 812-7680

www.renmarkfinancial.com

To learn more, visit: www.alianzaminerals.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS ITS TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE RELEVANCE OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY’S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. THE FORWARD-LOOKING STATEMENTS ARE BASED ON MANY ASSUMPTIONS AND ARE SUBJECT TO ALL RISKS AND UNCERTAINTIES INHERENT IN THE EXPLORATION AND DEVELOPMENT OF THE RESOURCES. ACCORDINGLY, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.


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