Archive for March, 2017

Ranking the 20 top mining schools of the world

Wednesday, March 15th, 2017

The QS World University Rankings by Subject released this week lists the world’s top universities in 46 individual subject areas.

The rankings are based on data for academic reputation from a survey of more than 70,000 academics, research citations per paper and its so called H-index which measures the impact of a scholar or scientist.

The engineering – mining and mineral field has 51 entries and the top tier is dominated by US, Australian and Canadian universitiesWhat sets QS apart from similar rankings of educational institutions is a fourth component of the ranking – employer reputation. A survey of over 40,000 employers ranks schools according to the quality of recruits.

The mineral and mining engineering ranking was introduced for the first time ever last year.

The QS engineering – mining and mineral field has 51 entries and the top tier is dominated by US, Australian and Canadian universities. Top rated Colorado School of Mines, established in 1859, is placed well above the competition with a score of above 90.

Established in 1986 Curtin University in Western Australia’s mining faculty shot up the rankings from 19th to second place ahead of Queensland University which also moved up 7 places in the rankings.

Saudi Arabia’s King Fahd University of Petroleum & Minerals fall just outside the top 20 while South Africa’s University of the Witwatersrand is in joint 22nd after falling 4 places.

Indian School of Mines (ISM) University, Dhanbad ranks 24th while the top ranked Chinese school, the University of Mining and Technology based in Xuzhou is placed 27th.

top-20-mining-schools chart image www.www-globalcommodities.com

Click here for detailed rankings.

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Henry Sapiecha

Four dead after armed robbers storm DRC gold mine in the Congo

Friday, March 3rd, 2017

Twangiza-mine-banro image www.www-globalcommodities.com

An armed attack on the Twanziga gold mine in eastern Democratic Republic of Congo (DRC) Tuesday has resulted in four casualties.

Among the dead are three policemen that were guarding the mine and one of the robbers, according to a statement on Banro Corp’s (TSX:BAA) website.

The incident occurred early Tuesday morning and involved an attempt by the seven-member raiding party to break through the gate. Police fired on the robbers, ending the assault. A security guard was also injured during the altercation. No items were stolen and the mine continues to operate normally, Banro said. The attempted break-in was recorded on security cameras and has been reported to authorities. An investigation is underway.

The open-pit mine, which started commercial production in 2012, is one of four gold mines operated by Banro in the DRC. It was expected to produce 110-120,000 ounces in 2016.

According to Reuters the mine has been “plagued by illegal miners squatting on the site and by armed groups, some of the dozens of militias that remain active despite the official end to a regional conflict in 2003.”

Banro’s stock, listed on the Toronto main board, lost 2.27% today to close at 21.5 cents a share.

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Henry Sapiecha

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