Comeback for oil and copper commodities

Comeback for oil and copper commodities

Retaliating from the steepest downturn since the Great Depression, investors are beginning to bull on commodities as the global market starts to escalate. With the groundbreaking news of the covid19 vaccine being applied and more political news becoming clearer, it has opened a path for investors to starttaking risks on commodities again.

Copper and oil have always been strong indicating commodities for the global economy. With the upcoming economical reactivation, we can see in the future a big rise in demand. For oil, an increment in supply will be needed as more people resume driving and flying activities. As to Copper, it has risen 70% above its March low and to its highest in six years, besides its high demands do to the increment in renewables and the high demand from China, as well asother metals.

This forecast is good news for everyone, since everybody was affected either through health or economiissues or even both. We can see a promising future for 2021, with the help of the massive application of the vaccine, we will be able to see the growth of a strong economy.

 

References :

Commodities hit 6-year high with recovery boosting oil, copper. (2020, December 11). Retrieved December 19, 2020,

from https://www.mining.com/web/commodities-hit-6-year-high-with-recovery-boosting-oil-copper/

Producing artificial diamonds at room temperature

Producing artificial diamonds at room temperature

A research conducted by a team of scientists from The Australian National University stated that regular diamonds and Lonsdaleite, a harder type of diamonds found at the site of meteorites impact on Earth, can be formed at room temperature by applying and focusing extremely high pressure on one point. Normally, diamonds form about 150 kilometers underground at temperatures above 1000 °C, but the trick is to apply pressure while using a shear force, as explained by said Jodie Bradby, a physics professor at ANU. This shear force consists of a huge twisting sliding force. This allows the carbon atoms to fall into the right place forming a diamond. Under this new method, regular diamonds form in the middle of Lonsdaleite veins, which was observed under electron microscopy techniques, as explained by Dougal McCulloch, physics professor at RMIT who co-lead the research.

This research can prove itself as a game changer for the mining industry. With this new technology, new drilling techniques can rely on affordable diamond bits. In comparison to synthetic diamonds, which are created under extreme heat, Lonsdaleite has the potential to be used for cutting through ultra-hard rock on mining sites, because of its increased material strength. Creating these types of diamonds also has the advantage of not relying on mining diamonds to produce drilling equipment. Given that Lonsdaleite is also created in a lab, its environmental impact factor is similar to that of synthetic diamonds.

 

References :

Leotaud, V. R. (2020, November 23). Scientists produce diamonds in minutes at room temperature.

MINING.COM. https://www.mining.com/scientists-produce-diamonds-in-minutes-at-room-

temperature/? utm_source=Suppliers_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=scientists-produce-

diamonds-in- minutes-at-room-temperature

Spary, S. C. (2020, November 20). Diamonds created at room temperature in minutes. CNN.

https://edition.cnn.com/2020/11/19/world/diamonds-room-temperature-scli-intl-scn/index.html

Design a drill pattern using remote drilling in AutoCAD | Tip Of The Month

Design a drill pattern using remote drilling in AutoCAD | Tip Of The Month

The Drill/Blast Underground module gives you the option to design remote drilling polylines when setting up your drill pattern on a section. From the module options, select the option to insert X marks at the remote drilling intersections and to insert the distances measurements in the report. This will allow you to know quickly when to start your remote drilling; thus, increasing your work efficiency.