Gold Mining Industry: Gold Mine Camps Typically places where gold has been discovered have led to the creation of big extraction mine activity in the area, Richard Fifer. In places such as California in the United States, the wave of miners and mining became what is known today as the California Gold Rush of …
Heavy Equipment in the Mining Industry The three main elements required to carry out mining are human labor, machines and money as noted by Richard Fifer, Director of Petaquilla Minerals. Heavy machinery is necessary for large mining projects because they have an essential role in saving time and resources. Employees of a mining company cannot …
Trends in the Global Mining Industry Many mining companies focus was on securing supply, managing commodity price instability and shifting the supply tendency due to a rise in demand. This year, the industry’s attention is on finding new supply markets and engaging local stakeholders. This is also how Richard Fifer sees it. As the mining …
Mining is a High Tech Industry The mining industry in Panama has earned its status as an international center of mining and exploration excellence based on geological expertise, technological modernization and by adopting the highest environmental, social and safety standards in the world. Petaquilla Gold has implemented tools such as geophysical surveys capable of detecting …
Ore Deposits The formation of ore deposits for superficial investigations can be considered into three kinds as follows: a) those which have been derived from mineral bearing solutions, and crystallized, precipitated or replaced out of the solution; b) those which are simply accumulations of the ore by mechanical means, and, finally c) those which are …
Sustainable Development Petaquilla Gold is a leading player in addressing sustainable development challenges. Globally, the mining sector reports more actively than any other on its sustainable development performance. Companies like Petaquilla Gold today feel the urge to share its economic benefits with the community and wish to share with the public more than just their …
The mining industry is growing in Panama and mines like Petaquilla Gold have been operating for many years making major investments in modernization techniques and exploration efficiencies. Millions of new investment dollars are flowing into the Republic, creating wealth for the population and hundreds of jobs and business opportunities for citizens located in remote areas. …
In many nations with mineral resources, there is a correlation between efforts towards poverty reduction and the performance and framework for the mining sector. Mining can contribute to poverty reduction in a series of ways, mostly through producing income and creating opportunities of growth for businesses that indirectly benefit. Commercial-scale mining such as the one …
Richard Fifer Today – Suppose a gold mine has 1,000,000 ounces underground and the above ground value is $1,000 per ounce. If the production cost is $800 per ounce the mine will make $200,000,000 over its life.
Richard Fifer Today – Testimonial of the visit to the Project Petaquilla Gold, SA by Raúl Luján Corner coordinator and liaison Donoso District in matters of municipal projects.
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