Airborne electromagnetic surveying is a huge growth area as mining companies seek to de-risk prospects before hunting for funding. Elly Earls joins David Beamish of the British Geological Survey to find out how it’s done and about turning the data collected into useful information for investors.
In March, Barclays released a policy document declaring that it will no longer finance mountaintop removal (MTR) coal mining. The decision was quite a diversion from its history within the sector – the bank was the world’s biggest financier of MTR in 2013, according to the 2014 Coal Finance Report Card. But, what sparked the decision and what does it mean for the future of MTR?
At the end of May, the US House of Representatives passed a bill allowing companies to keep resources produced from asteroid mining. While the news has passed without much fanfare in the mainstream media, for a particular group of people it is highly significant.
In 2011, the Indonesian Government received a former mine site in Southeast Minahasa that had been transformed into 443ha of revegetated land, with an overall aim of creating the country’s newest botanical garden and first-ever carbon absorption project. From an open-pit gold mine to supporting various species of butterflies, the site has undergone a radical transformation.