CSR and the Mining Industry

Corporate Social Responsibility in the corporate world is perceived more as a charity or as a philanthropic activity than as a responsibility. Some good deeds to the community are done merely as  tokenisms so that something can be written under the head of CSR in the company’s website and annual report. Companies must realise or be made to realise that this is a responsibility as serious and non-negotiable as is the responsibility a parent has towards providing for his or her child. This is because the company takes from the community the majority of it’s resources both material and human …

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Blockchain in Metal/Mineral Mining

When you hear ‘blockchain’  your mind automatically moves to Bitcoin and cryptocurrency. Were you to utter mining in the same breath the word almost gets a digital colour and conjures the picture of a millennial computer geek punching his laptop keys and not the miner with his yellow helmet and muddy boots. Bitcoin definitely turned the spotlight on Blockchain technology. But now the revolutionary impact of blockchain is hitting diverse areas like banking, defence, voting, real estate, social networking, energy and of course the one that interests us most – mining  What is Block chain technology? Blockchain technology in simplistic …

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Mining technology – AI in Mining.

We hear of restaurants in India engaging robots as waiters. Recently a cardio-surgeon from Ahmedabad performed the world’s first in-human tele-robotic coronary intervention on a patient from a remote location. Kerala’s  police force inducted a Robot into their workforce in earlier this year. Whether we like to admit it or not, Artificial Intelligence and Robotics are slowly taking over our lives. For now let’s leave aside the discussion on merits and de-merits of the take over and just acknowledge that it is happening. We and the world we are in are on a super-fast ride forward propelled by the engine …

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TITANIUM – White, light and in India not so bright!

In the last blog, we talked about the metal Vanadium. It would be unfair now to move on without talking about its close pal, Titanium. If Vanadium was named after a Norse Goddess, Titanium was named after Titans, Roman Gods, who were known for their giant-like appearance and their whiteness – yes, you read it right! – the Greek root of the word ‘Titan’ actually means white clay and so the literal meaning of Titan is ‘made or coated with white clay’. So just like the Gods it was named after, Titanium is strong, light and white.  Titanium is as …

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VANADIUM – METAL FOR THE FUTURE

In 1830 Nils Gabriel Seifstrom, a Swedish chemist was analysing samples of Iron ore from a mine in Sweden when he came across a new element whose compounds were brightly coloured and beautiful. It somehow reminded him of the Norse Goddess Vanadis, the Scandinavian equivalent of Venus whose beauty was feverishly sought after by all men, be they Gods or mortals, kings or commoners, giants or dwarfs. So he named the new element VANADIUM. Despite it’s colourful and attractive looks Vanadium wasn’t very well-known or sought after. But all that has changed in the last few years. Now, Vanadium is …

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Time to Tighten ties – Part 8

India and Latin America We have been talking about ties and partnerships and quite far from our sight and mind is a whole wide continent, a land of ‘limitless’ opportunities – Latin America. We have a lot of commonalities with the South American countries like the colonial past that we are sprinting away from, the strong cultural vibrance of our communities and the immense growth potential of our booming economies and yet, in the area of trading relationships we had been looking past each other until recently. Both Latin America and India have woken up to the potential that each …

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Its Time to Tighten Ties – Part 7

India and Poland’s Mining ties One of the recent troubles that the Indian Mining Sector faces is to do with its Coal production. Coal production is slowing down owing to a dearth of underground mining technology, diminishing recovery rates and sluggishness in mining practices. In 2014, to add fuel to the fire, the Supreme Court of India canceled 204 coal mines earmarked for governments and private companies because of the rampant illegalities. But with demand for Coal high, India has to rely heavily on imports. So in the background of such a dismal picture the offer of a hand of …

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Its ​Time to Tighten Ties – Part 6

India and Morocco – A Mining Partnership Hitherto we have been exploring partnerships with bigger players, where India had looked for investors and sought to benefit from their expertise. But we must also know that for growth, India also needs partnerships where it is the bigger player. India can partner with smaller resource rich  countries where Indian mining companies can invest and get returns; where Indian experts can share their expertise to uplift another economy. The partnership with several African countries falls in to this category. India with it’s huge population is one of the biggest consumer markets and it’s …

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Its Time to Tighten Ties – Part 5

India and Russia partnership in Mining If there was an all-weather friend and partner who has stood by Independent India in all these decades since India became a nation, it is surely the receptive Russlans to it’s right! Russia and India’s ties are as strong and old as is the country India. The Old friends have been actively partnering across all areas like defence and security, education and trade. Both are part of the BRICS group and Russia’s economy has made huge strides forward  in the last few years and it’s partnership with India has economic growth of both the …

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Its Time to Tighten Ties – Part 4

Scope of a Mining Partnership between India and Canada Goldcorp, a leading gold production company in Canada decided to try something new in the early 2000s. The company released it’s proprietary geological data in the public domain and called for the people to respond to the challenge of ‘virtual prospecting’ in order to identify undiscovered reserves. The result? – the discovery of 110 new exploration targets.  This ability to step out of the box and innovate is one of the reasons why Canada is a global leader in Mining. Canada’s mining Industry like Australia’s is highly advanced and Canada has …

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