The 75% state-owned Barbados National Oil Company is responsible for exploration and production, and also and imports the country's remaining petroleum requirements. As of 2008, the Ministry of Finance, Economic Affairs and Energy also awards block licenses for offshore exploration.

Minister of Industry, Innovation, Science and Technology, Davidson Ishmael, addressing the launch of the Barbados Manufacturers' Association's (BMA) Trade and Innovation Summit 2022, at the Hilton Barbados Resort, today. (GP) Government has embarked on a number of policy initiatives to breathe new life into the local …

Internet of Things, an emerging network technology based on the convergence of wireless technologies, micro-electromechanical systems (MEMS) and the Internet, can potentially transform the mining industry by creating new ways of maintaining mine safety and productivity. The technology involves connecting machines, fleet and …

Get all the information about GR Mining (Barbados) Inc., a company operating mainly in the Mining & Metals sector. Connect with its key contacts, projects, shareholders, related news and more.

The world's biggest mining project, a $20bn iron ore, rail and port development in a remote corner of west Africa, is expected to start this year after a 27-year wait beset by setbacks, scandals ...

Mapping the Caribbean mining industry - Mine | Issue 100 | January 2021. REGIONAL FOCUS. Mapping the Caribbean mining industry. With a range of regulatory frameworks and resource deposits across the region, the Caribbean is one of the most diverse, and potentially prosperous, mining areas in the world. Matthew Hall considers …

The BNOCL, a statutory corporation of the Barbados Government currently operates the oil and gas industry in the island and is monitored by the Energy Division. In 1996, the Barbados government and BNOCL decided that it was important to identify an oil and gas company to assist it in further developing the oil and gas resources in …

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The latest mining news, industry trends and events from Global Mining Review magazine, including exploration & development, handling & processing and special reports.

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Water Conservation in South African Mining: The Need and the Innovations. October 10, 2023.

Find Mining expertise in Barbados. There are no mining activities for metals or precious minerals in Barbados. The extractives industries of Barbados, including quarrying, are overseen by the affiliated departments of the Energy Division at the Ministry. These include the Administrative Unit, the Legal and Regulatory Unit, The Natural Resources ...

Barrick Gold has signed an agreement to acquire a stake in Acacia Mining not currently owned by the company. The acquisition is intended to be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Under the terms of the deal, Barrick will swap 0.168 of a Barrick share for each share of …

Bridgetown, Barbados, January 11, 2023 — The World Bank approved yesterday US$100 million in financing to support Barbados' low carbon economic development and resilience to climate change. "I cannot underscore enough the necessity of support, such as this, to middle income small island developing states," saidThe …

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Barbados' tourism industry is on the road to recovery with arrivals almost on par with pre-pandemic levels. That is according to Minister of Tourism and International Transport, Ian Gooding-Edghill who said tourist arrivals for the 2022-2023 winter season as well as cruise ship arrivals were close to 2019 figures.

Australia's mining industry is widely recognised for its historical significance and its position as a global leader in an industry at the forefront of innovation and sustainability.

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The Namibian Mining Magazine is a quarterly professional mining journal for the Namibian mining and quarrying industry.

BHP signs Barbados exploration deal. Apr 30, 2015. Anglo-Australian multinational mining, metals and petroleum company BHP Billiton has signed exploration licenses for two offshore Barbados blocks in what could be a return to drilling off the Caribbean Island. BHP is reported to be the only successful bidder in the country's first …

Key activities include: Monitoring and coordinating the implementation of the Barbados National Energy Policy 2019-2030; Promoting the use of renewable energy on the national grid; Promoting the use of sustainable energy practices through various Pilot Projects and Studies; Designing and installing Solar Photovoltaic systems in the Public ...

The Natural Resources Department monitors and regulates the exploration, extraction and production of the island's non-renewable natural resources which include the oil & gas reserves and industrial mineral deposits of sand, limestone, shale and clay. The Department also provides geological and geotechnical assistance to other …

Overall, the mining industry in Barbados is relatively small and there are no new mining projects in the works. The lack of natural resources, opposition from environmental groups, and government policies aimed at diversifying the economy all contribute to an uncertain outlook for the industry.

Visit Loop Barbados for trusted breaking local and international news and video. Read the latest, top stories on politics, crime, entertainment, lifestyle and more.

Mining may contribute to deforestation more than previously thought, report says. A new report from WWF says there are still considerable discrepancies about how mining-related deforestation is ...

The mining industry must boost its support of local communities if it's ever going to attract enough investors for the world to meet climate-change fighting goals, a new survey and…

The latest mining news, industry trends and events from Global Mining Review magazine, including exploration & development, handling & processing and special reports.

Canada's move to protect mining sector shields takeover targets. No 1 source of global mining news and opinion.