15-11-2024, 02:00 AM
Finance Today {Allister Media}
Mining industry take off in Mordusia
Hexlon Imperial Mining & Stanford Mines open new mines
June 5570
![[Image: 800px-Kalgoorlie_The_Big_Pit_DSC04498.JPG]](https://upload.wikimedia.org/wikipedia/commons/thumb/8/8d/Kalgoorlie_The_Big_Pit_DSC04498.JPG/800px-Kalgoorlie_The_Big_Pit_DSC04498.JPG)
Randworth - Our country is rich with mineral deposits of sulphur, copper, iron and phosphorus and here and there some coal. However the mining industry had fallen thanks to the lack of investments and economic stagnation of the 5540’s. With the recent growth and stimulation of the economy by the past three governments more and more demand has come up for minerals, resulting in Hexlon Imperial Mining and Stanford Mines to expand their businesses.
For decades the biggest mining operation in our country was owned by the Vanukuans, no local company could or would compete due to low demand. With the rise in trade and demand in resources by an ever growing economy, new opportunities arose. Stanford Mines is such a company that jumped onboard to seize that opportunity. Through the government loands and grands that were created with the subsidy for businesses the family owned Stanford Mines sold stock, took investments and opened a few mines by government lease ten years ago. Now they are thriving and opening even more mines. Showcasing that the Mordusian economy is truly strengthening.
Hexlon Imperial is the largest conglomerate in Luthori, but also in Mordusia. It is from origin an Luthorian-Mordusian company, partly owned by the Imperial & Royal Family of the House of Orange-Villayn-Armstead. Their mining operations in Gaduridos, Beiteynu and Luthori put their mining division back on the map a few hundred years ago. 8 years ago they set up to buy various mining spots in the country and slowly began opening them for business. Hiring various local miners and bringing in Luthorian expertise, whilst educating Mordusians to take over the leading positions. This has been a great investment in the Mordusian economy. Hexlon Imperial Mining has announced it will keep opening new mines and coordinate their efforts with all their global divisions to make sure efficiency remains a top priority.
With Hexlon Imperial and Stanford Mines rising, they have cornered at least 75% of the mining market between them, with the Vanukuan operations owning the last 25% of the mining rights. The Federal Governent of the Commonwealth has stated that though they like the arrangement with the Vanukuans, they are considering limiting other foreign powers from obtaining such huge influence on natural resources of the Commonwealth. The Minister of Trade stated it was one of the very topics this and the next government will have to figure out and discuss with trading partners.
For decades the biggest mining operation in our country was owned by the Vanukuans, no local company could or would compete due to low demand. With the rise in trade and demand in resources by an ever growing economy, new opportunities arose. Stanford Mines is such a company that jumped onboard to seize that opportunity. Through the government loands and grands that were created with the subsidy for businesses the family owned Stanford Mines sold stock, took investments and opened a few mines by government lease ten years ago. Now they are thriving and opening even more mines. Showcasing that the Mordusian economy is truly strengthening.
Hexlon Imperial is the largest conglomerate in Luthori, but also in Mordusia. It is from origin an Luthorian-Mordusian company, partly owned by the Imperial & Royal Family of the House of Orange-Villayn-Armstead. Their mining operations in Gaduridos, Beiteynu and Luthori put their mining division back on the map a few hundred years ago. 8 years ago they set up to buy various mining spots in the country and slowly began opening them for business. Hiring various local miners and bringing in Luthorian expertise, whilst educating Mordusians to take over the leading positions. This has been a great investment in the Mordusian economy. Hexlon Imperial Mining has announced it will keep opening new mines and coordinate their efforts with all their global divisions to make sure efficiency remains a top priority.
With Hexlon Imperial and Stanford Mines rising, they have cornered at least 75% of the mining market between them, with the Vanukuan operations owning the last 25% of the mining rights. The Federal Governent of the Commonwealth has stated that though they like the arrangement with the Vanukuans, they are considering limiting other foreign powers from obtaining such huge influence on natural resources of the Commonwealth. The Minister of Trade stated it was one of the very topics this and the next government will have to figure out and discuss with trading partners.