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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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 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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It’s Time to Tighten Ties – 1

Introduction – Why the Indian Mining sector needs Global partnerships? Over the past few years, we at responsiblemining.in have been watching the Mining space in India keenly, sometimes with hope and excitement and sometimes with consternation and concern. The huge potential that the sector holds sparks excitement but the lack of initiative to propel growth precipitates worry. Our mandate therefore has been to draw attention to the glaring gap between the potential and the actual growth of the mining Industry in India and to scout for ways to shrink it.  In our previous blogs, we have often focussed on the …

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Delving Deeper into the Rare Earth Crisis

If you have been keeping a tab on international news blogs in the past week, you would have most likely come across the term ‘Rare earth Crisis’ and the torrent of discussions surrounding it. If you haven’t, then this blog is intended to de-mystify those words for you and bring out their relevance to India today. What exactly is this ‘Rare earth crisis’? The term entered newspaper parlance way back in 2010. A Chinese fishing trawler rammed a Japanese Coastguard ship in a territorial dispute. In retaliation, the Japanese navy seized the boat’s captain. Two weeks later China hit back …

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Beach Minerals – Will India understand the potential?

Trump’s administration recently announced that it would place a 10% levy on $200 billion worth of Chinese goods including rare earths, setting off the spark for a full-blown trade war with China. This has set the international news mills churning feverishly for the last two days about a ‘rare earth crisis’- A crisis that China could possibly unleash on the western world. China’s vantage is that it holds more than 90% of the world’s production of rare earth minerals. Industry experts fear that if China cuts off supply, it could stop the smooth humming of factories all over the world. Now if …

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Government must reconcile – growth and preservation conflict.

‘Environment protection’ may very well be the two words that encapsulate the defining zeitgeist of this decade. The environment vs industrial development debate that has earned the spotlight today, gets more glaringly hyper-critical when it comes to the Mining industry. ‘Mining’ with the image of the raw brown earth it conjures up stands for everything repugnant about Industry in the minds of the planet saviours.  But for a resource-rich, developing country like India, still grappling with mind-numbing poverty and unemployment, mining is the bridge between resources and their optimum utilization; between the harsh burden of want and the soothing comfort of modern amenities and sometimes more simply, …

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Manufacturing must take centre stage

  The service sector definitely is the flavor of the season while the manufacturing sector has become the villain. Jobs in the manufacturing sector has come down drastically and in most economies, the rise of the service sector employment is a validation of the disappearance of the manufacturing jobs. Those of us who run companies that have straddled both the industrial era and the information era view this trend with a certain amount of anxiety. The IMF’s world economic outlook survey report says ” the negative consequences of disappearing manufacturing jobs can be sizeable for individual workers and their communities, …

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Everybody is a miner

A senior academician in mining studies was kind enough to spend his Monday morning with me. We had a free-ranging discussion. I was telling him about the RESPONSIBLE MINING initiative and how we want to give accurate information on mining in an easily understandable way to the people. He said that all of us are miners. Those who oppose mining must use only river water (no bore well), must not use petroleum products. He was regretting how people with half-baked knowledge write about the mining industry in the media and mislead people and create panic. The mining industry has to continuously communicate …

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