Coeur uses conventional means to process the ore, first blasting it from open pits and tunnels.
Illegal mining is a major concern in Ghana's mining areas where operators use sophisticated equipment to process the ore.
But mainly because the ore they want to process is much lower in that radioactivity in the first place.
Sirius proposes to process the ore at a site at Wilton, near Middlesbrough, and plans to transport it via a steel pipeline buried a minimum of 3ft 11in (1.2 m) below ground.
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That was in 1994, when Friedland was best known by critics as "Toxic Bob, " after another of his ventures, Galactic Resources, tried to develop a gold mine near Summitville, Colorado using heap leaching, an extraction process that dips ore in cyanide to extract gold.
That was in 1994, when Friedland was best known by critics as "Toxic Bob, " after another of his ventures, Galactic Resources, tried to develop a gold mine near Summitville, Colo. using heap leaching, an extraction process that dips ore in cyanide to extract gold.
If things go well for U.S. Steel, the long equity position likely offsets whatever loss you would take on the CDS. U.S. Steel is far from immune to the price impact of Chinese demand, he says, and as a vertically integrated steelmaker it has exposure all along the process from iron ore to finished products.
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Because milling gold ore is an energy-intensive process, lower energy prices help to reduce operating costs.
The North American iron ore division produces iron ore pellets for use in blast furnaces as part of the steelmaking process, and currently has a rated annual production capacity of 27 million tons of iron ore.
Indeed, we are now importing ore from the Democratic Republic of Congo to process in Zambia.
There was great excitement in the 90s as an Australian company announced that it had a new process, capable of extracting nickel from a new type of ore.
He also notes China is in the process of shifting emphasis from purchasing vast hordes of resources like ore and oil to targeting companies (or parts of companies) and technology that will form the groundwork for building reputable Chinese brands.
Suncor has run into an extra rich piece of ore with a high coal component, he said, which caused problems in the extraction process.
Depending on whether it was just a fluke occurrence or a sign that the constitution of the oil sands it processes is changing, the company could either retool its extraction process or, if the problem is a short-term one, blend the rich ore with more normal inputs.
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