Saturday 23 July 2016
 
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Mining

Oman’s new mining arm to draw global investment

Minerals Development Oman (MDO), the newly established executive arm of the Public Authority for Mining (PAM), aims to attract international investment and technical know-how into the sultanate’s mining sector, a report said.

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Oman state fund to invest in Irish mining firm

Oman’s State General Reserve Fund (SGRF) has signed a deal with Ireland-based Kenmare Resources for a $100 million equity investment in the mining company, a report said. The deal with the SGRF is part of a new $275-million

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Oman state fund to invest in Irish mining firm

Oman’s State General Reserve Fund (SGRF) has signed a deal with Ireland-based Kenmare Resources for a $100 million equity investment in the mining company, a report said. The deal with the SGRF is part of a new $275-million

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After five lean years, gold miners gear up for growth

For the first time in five years, Barrick Gold and other bullion miners are getting ready to expand, breaking from their monologue on cutting costs and debt because of tumbling gold prices. Backed by healthier balance sheets, a 17

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After five lean years, gold miners gear up for growth

For the first time in five years, Barrick Gold and other bullion miners are getting ready to expand, breaking from their monologue on cutting costs and debt because of tumbling gold prices. Backed by healthier balance sheets, a 17

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Tourico Holidays launches new data mining initiative

Tourico Holidays, a global leader in wholesale travel brokerage, has formed an elite team of computer scientists dedicated exclusively to a new data mining effort that is intended to identify the origin and cause of shifts in travel booking beha

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Robots are coming for your jobs, warn experts

Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week to discuss pressing global issues: the robots are coming. At the Milken Institute's Global Conferen

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Oman to offer pre-cleared mining blocks

Oman’s Public Authority for Mining (PAM) plans to offer ‘investment-ready’ mining concessions that will come bundled with all of the requisite government permits and clearances, a report said. The ‘Ready to

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Ma'aden begins commercial output at gold mine

Saudi Arabian Mining Company (Ma'aden) said on Sunday commercial output had begun at the Ad Duwayhi gold mine in western Saudi Arabia. The mine has an estimated average annual production capacity of 180,000 ounces over the lif

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Ma'aden reshuffles team, reaffirms cost-cutting focus

Saudi Arabian Mining Company (Ma'aden), which swung into the red at the end of last year after being hit by the slump in commodities, announced a new finance director on Wednesday and other management changes. The Gulf's b

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