World Leaders Need to Set Attainable Priorities

World Leaders Need to Set Attainable Priorities

As this edition of E&MJ was heading to press, world leaders were starting to gather for a climate summit in Copenhagen. Aside from the sad state of the global economy, what will make this meeting different than previous ones is that it appears that the wheels are coming off the global climate change bandwagon. Carbon taxes are becoming increasingly unpopular with businesses and taxpayers. Governments are now viewing carbon taxes as more of a much-needed revenue stream than a method of improving the environment. Carbon credits might become the next derivative that speculators juice. Guess who pays the price? Last year, when most of the world saw 30% or more of its wealth evaporate, many business and families decided to hit the reset button and review their priorities realistically. World leaders should do the same.

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Rare Earth Metals Regain Lost Luster

Rare Earth Metals Regain Lost Luster

Fears are growing that China may limit the export of rare-earth metals. China accounts for 97% of the global production of rare earth metals, a majority of which are produced at the massive Bayan Obo mine in Inner Mongolia. By definition, REMs consist of scandium, yttrium, and the 15 lanthanoids. The Chinese government has tried to allay these concerns, however, as it is with many commodity, China is quickly turning from an exporter to a net importer to support its needs.

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Gold Miners Converge on Denver

Gold Miners Converge on Denver

By Steve Fiscor

Last month, the CEOs from all of the gold mining companies gathered at the Hyatt in Denver for the annual Denver Gold Forum. The Denver Gold Group hosts this exclusive event for gold executives, investors, analysts, and the media, and this year they celebrated the forum’s 20th anniversary. Looking around the Hyatt ballroom, one could only imagine how many billion of dollars of investments were at stake and how it would be affected over the course of the next three days.

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Global Economy Starts to Gain Steam

Global Economy Starts to Gain Steam

By Steve Fiscor

Although the global economy is far from healthy, manufacturing activity in China, France, and Australia expanded in August, according to a report from the Wall Street Journal. An index based on a survey of U.S. manufacturing purchase managers indicated that factory output grew for the first time since January 2008. China seems to be pulling away, while the pace of contraction in Germany and several other nations slowed markedly.

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From the Editor

Steve Fiscor, Editor-in-Chief, EMJ, Engineering Mining Journal
Steve Fiscor heads a world class group of writers and editors serving the mining and construction markets. He has served as editor-in-chief for E&MJ since 2003 and Coal Age since 2001. He writes articles on mining and processing, organizes the technical programs for several conferences, and produces many of MMI's ancillary products.