Location | |
---|---|
Surigao del Norte | |
Country | Philippines |
Coordinates | 9°39′56″N125°35′19″E / 9.66561°N 125.58865°E |
Production | |
Products | Copper |
The Boyongan mine is a large copper mine located in the south of the Philippines in Surigao del Norte. Boyongan represents one of the largest copper reserves in the world, having estimated reserves of 300 million tonnes of ore grading 0.6% copper. The mine also has reserves of 9.6 million oz of gold. [1]
Philex Mining Corporation and its unit Philex Gold Philippines Inc. took full control of the mine in February 2009. [2]
Benguet, officially the Province of Benguet, is a landlocked province of the Philippines located in the southern tip of the Cordillera Administrative Region in the island of Luzon. Its capital is La Trinidad.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2023, it produced 4.05 million ounces of gold at all-in sustaining costs of $1,335/ounce and 420 million pounds of copper at all-in sustaining costs of $3.21/pound. As of 31 December 2023, the company had 77 million ounces of proven and probable gold reserves.
Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead.
The Grasberg mine has one of the largest reserves of gold and copper in the world. It is located in Mimika Regency, Central Papua, Indonesia near Puncak Jaya. It is operated by PT Freeport Indonesia, a joint venture among the government of Indonesia, government of Central Papua, and American company Freeport-McMoRan (FCX).
Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal. The company has operations in Africa, Asia, Australia, Europe, North America and South America.
Tuba, officially the Municipality of Tuba,, is a 1st class municipality in the province of Benguet, Philippines. According to the 2020 census, it has a population of 48,312 people.
Tampakan, officially the Municipality of Tampakan, is a 2nd class municipality in the province of South Cotabato, Philippines. According to the 2020 census, it has a population of 41,018 people.
Mining in Iran is still under development, yet the country is one of the most important mineral producers in the world, ranked among 15 major mineral-rich countries, holding some 68 types of minerals, 37 billion tonnes of proven reserves and more than 57 billion tonnes of potential reserves worth $770 billion in 2014. Mineral production contributes only 0.6 percent to the country's GDP. Add other mining-related industries and this figure increases to just four percent (2005). Many factors have contributed to this, namely lack of suitable infrastructure, legal barriers, exploration difficulties, and government control.
Mining in Afghanistan was controlled by the Ministry of Mines and Petroleum, prior to the August 15th takeover by the Taliban. It is headquartered in Kabul with regional offices in other parts of the country. Afghanistan has over 1,400 mineral fields, containing barite, chromite, coal, copper, gold, iron ore, lead, natural gas, petroleum, precious and semi-precious stones, salt, sulfur, lithium, talc, and zinc, among many other minerals. Gemstones include high-quality emeralds, lapis lazuli, red garnet and ruby. According to a joint study by The Pentagon and the United States Geological Survey, Afghanistan has an estimated US$1 trillion of untapped minerals.
The mineral industry is one of the main sectors of the Armenian economy and in 2017 accounted for 30.1% of its exports.
Resources are classified as either biotic or abiotic on the basis of their origin. India contains a multitude of both types of resource and its economy, especially in rural areas, is heavily dependent on their consumption or export. Due to overconsumption, they are rapidly being depleted.
The Telfer Mine is a gold, copper and silver mine located at Telfer on the land of the Martu people, in the Great Sandy Desert of Western Australia. It is owned by Newmont, having acquired the previous owner, Newcrest Mining, formerly the largest gold producer listed on the Australian Securities Exchange, in November 2023.
The Boddington gold mine is a gold and copper mine located 13 kilometres (8.1 mi) northwest of Boddington, Western Australia.
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis.
Turquoise Hill Resources was a Canadian mineral exploration and development company headquartered in Montreal, Quebec, and since December 2022, a wholly owned subsidiary of Rio Tinto Group. The company was called Ivanhoe Mines until August 2, 2012 when a financing agreement was completed with Rio Tinto. Rio Tinto acquired full ownership of Turquoise Hill in December 2022.
Mining is an important industry in Pakistan. Pakistan has deposits of several minerals including coal, copper, gold, chromite, mineral salt, bauxite and several other minerals. There are also a variety of precious and semi-precious minerals that are also mined. These include peridot, aquamarine, topaz, ruby, emerald, rare-earth minerals bastnaesite and xenotime, sphene, tourmaline, and many varieties and types of quartz.
Mining in North Korea is important to the country's economy. North Korea is naturally abundant in metals such as magnesite, zinc, tungsten, and iron; with magnesite resources of 6 billion tonnes, particularly in the North and South Hamgyong Province and Chagang Province. However, often these cannot be mined due to the acute shortage of electricity in the country, as well as the lack of proper tools to mine these materials and an antiquated industrial base. Coal, iron ore, limestone, and magnesite deposits are larger than other mineral commodities. Mining joint ventures with other countries include China, Canada, Egypt, and South Korea.
The Çöpler mine is a gold mine located in Erzincan Province, eastern Turkey. It is owned and operated by the Anagold Mining Inc., established in 2009. Explored in 1999, it is on an epithermal gold-silver-copper ore deposit, one of the largest in Turkey and in the world. The Çöpler mine started production in 2010.
The Padcal tailings spills of August–September 2012 were a series of mine tailings spills from Tailings Pond 3 of the Philex Mining Corporation's Padcal mine in Benguet Province, Philippines. The incident began on August 1, 2012, with a massive release on the order of 5 million tonnes or 3 million cubic meters of water and tailings from a breached drainage tunnel in the pond. The effluent flowed into the Balog River down to Agno River and San Roque Dam. At least four more major discharges were reported: on August 4, 11 and 30, and September 13. The total weight of solids discharged is given by Advocates of Science and Technology for the People, citing a Mines and Geosciences Bureau Report dated September 17, 2012, as 21 million tonnes. The Center for Science in Public Participation gives the volume discharged, for an incident that they date as August 2, but likely refers to the whole August–September series, as 13 million cubic meters. The spill was ten times larger than the 1996 Marcopper mining disaster, making it the country's biggest mining disaster by volume of toxic tailings.