Foundational-Resource Extraction: Difference between revisions
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[https://globaledge.msu.edu/industries/mining--minerals--metals/background by global Edge] | [https://globaledge.msu.edu/industries/mining--minerals--metals/background by global Edge] | ||
The mining industry can be dated as far back as 41000 BCE, to a mine in Swaziland. The mine, called the Lion Cave, is where natives mined hematite to produce ochre, a red pigment. Other mines found that existed during the same time frame were flint mines, which humans used for tools and weapons during the time. | The mining industry can be dated as far back as 41000 BCE, to a mine in Swaziland. The mine, called the Lion Cave, is where natives mined hematite to produce ochre, a red pigment. Other mines found that existed during the same time frame were flint mines, which humans used for tools and weapons during the time. | ||
=====The History of Mining===== | |||
[https://books.google.co.ke/books?hl=en&lr=&id=BAfmAgAAQBAJ&oi=fnd&pg=PR13&dq=history+of+mining&ots=7y52Fc0XIK&redir_esc=y by Michael Coulson 12/11/12 Google] | |||
Born in 1945 Michael Coulson has been associated with the mining sector for over 30 years, although his university background is in economics where he holds a BSc from the University of London. He first worked as a graduate trainee on the legendary mining desk at James Capel in 1970, for many years the leading mining stockbroker in the City. After that he became a mining salesman at Sterling & Co and also developed the firm's research coverage of the sector. In 1973 he joined Fielding Newson-Smith (later to become NatWest Markets) as a gold mining analyst where he began a long association with the South African gold mining industry. Two years later he became senior mining analyst at L Messel (latterly Lehman Bros) where he started to produce an annual gold review which he published every year until 1991. In 1979 he moved to Panmure Gordon and in 1982 he left and joined Phillips & Drew (UBS) with the task of establishing the firm in the mining market. | |||
