Bamboo Works’ Post

The Rising Costs of Gold Mining and the Implications for Profitability https://lnkd.in/gCq3Hspi #RisingCosts #GoldMining #Implications #Profitability

It’s a wonder that a pile of earth such as this can contain a very valuable, precious metals named. Mining is ongoing at our Buckreef Gold Project, targeting 25,000 to 30,000 ounces of gold for our fiscal 2024. TRXGold.com #goldinvesting #goldmining

Gold is up, but are gold mining stocks the real treasure? Trading below their 10-year average with rising margins, could this sector be the next big investment? Read the insight from #DSPNetra in blog form for key takeaways! 👇 https://dspim.co/3BqaTX9

Our Executive Chairman and Interim CEO, Arturo Préstamo, discusses the amendments to the terms of sale of Glencore’s Bolivian mining assets. See the full details in our latest news release 👉 https://bit.ly/3vS3Lkc #SCZ #SantacruzSilver #SilverMining #SilverProduction #Bolivia #MiningNews #MiningStocks

"With the mining stocks, they certainly have not really participated in a big way with this move in the gold price." Trey Wasser, CEO of Dryden Gold Corp. explains what it would take for the gold mining sector to catch up with gold's performance. Interview up Monday, July 1. #gold #goldstocks #miningstocks

Have you ever wondered why gold is one of the most expensive metals in the world? What makes it so valuable? And how many tons of processed ore and incredible efforts of specialists are behind one gold bar? In this news release we will reveal the secrets of gold mining. We’ll tell you how modern technologies are transforming the gold mining process, what the stages of this labor-intensive activity are, and what challenges the industry will face in the future. Do you want to know more about all this? https://lnkd.in/dtpar2dQ ➖➖➖➖➖➖➖➖➖➖➖ #gigos #gold #videoaboutgold #investors #investments #investmentgold #goldstandard

*BIG NEWS*    The CORE has just published its final report investigating Dynasty Gold Corp. The Ombud determined that a human rights abuse occurred in Dynasty's operations. Some quick take-aways: 🔎 Dynasty is a majority shareholder in a joint venture mining operation in China with links to Uyghur forced labour.  🔎 While Dynasty may have lost operational control of the mine, they remain majority shareholders in the joint venture. This is sufficient to find that they are involved with the use of Uyghur forced labour at the mine.   🔎 Dynasty failed to demonstrate that it took any steps to identify, assess, or address Uyghur forced labour in its supply chain at any point throughout the joint venture.

About license issuing bodies for gold mining especially, hope they see the result of their works in contributing to menace and the fairness distribution of consignment and self control needed in these license issuance, supervising and monitoring? #Africa #FixOurOrganisationsNow #EffectivePolicyDecisions #Focus

In 2023, the global mining sector, including key players in Africa, faced a dual threat of falling commodity prices and rising operational costs, which pressured the financial performance of the world’s top 40 mining companies, according to advisory services firm PwC’s ‘Global Mine 2024’ report, which was launched last month. Read the full story on 𝐏𝐚𝐠𝐞 𝟑𝟒 > https://bit.ly/4bMmlcs #Gold #MiningInAfrica #Compressors #Fasteners

Interesting findings released today in the final report by the Canadian Ombudsperson for Responsible Enterprise (CORE) following their investigation into Dynasty Gold. Findings outlined within the report include a failure to have human rights policies or procedures in place and a failure to conduct appropriate human rights due diligence in its operations or business relationships. For companies operating in sectors or regions regarded as 'high-risk' basic due diligence processes really are the bare minimum. The failures outlined within the report, which also includes a failure to meet fundamental elements of OECD Guidelines to "respect the human rights of those affected by their activities consistent with the host government's international obligations and commitments" highlight the importance of mandatory human rights due diligence legislation like the proposed CSDDD. The types of findings contained within the report may become common place as more countries introduce forms of supply chain due diligence legislation.