Category: MINING POST

GOLD MINING

Chile currency plunge, inflation rattle Latin America’s copper king

2022-07-11 08:07:55 In an interview with Reuters, Finance Minister Mario Marcel said that the country’s market-orientated model and free-floating exchange rate meant that while the currency could be more volatile, this didn’t necessarily reflect wider strains. “Because (Chile) has a floating exchange rate, it is more volatile than other Latin American countries, but the difference […]

The Metals Company reigniting race to mine the ocean floor

The deep-sea researcher was the only one with a submarine, and a year later, her exploration team had raised enough money to go back.   When Tunnicliffe finally descended over 2,000 metres to a patch of ocean floor, everything was dark, save for the light on the submersible. Below them, two tectonic plates diverged, allowing cold […]

Metals haven’t crashed this hard since the Great Recession

For a metal like copper, its uses in everything from heavy industrial machinery to advanced electronics mean the market is tightly linked to economic shifts, and the retreat marks a signal from commodity markets that efforts to get prices back under control are having some early successes. The mood in metals has soured even as […]

AI hiring levels in the mining industry rose in May 2022

The proportion of mining industry operations and technologies companies hiring for AI-related positions rose significantly in May 2022 compared with the equivalent month last year, with 38.1% of the companies included in our analysis recruiting for at least one such position. This latest figure was higher than the 21.4% of companies that were hiring for […]

Research driving the change of the mining industry

Gold: With a production value of $12.3 billion and 182 tonnes mined in 2020, gold is Canada’s most valuable mined commodity, and the country ranks fifth among the largest global producers. However, in order to continue delivering strong results in the long term, the industry must address a number of key challenges, including a shift […]

Gold Fields Yamana opportunity is beyond synergies

2022-06-14 Paul Harris in Toronto, Canada “It takes a lot of work to understand a deal with this level of complexity. … It is very unique for two pieces of the puzzle to fit together the way that these two do. … We are an industry that must demonstrate vision. Technology companies attract impressive multiples […]

Colombia stepping up oil, coal production amid Russia sanctions

2022-06-13 The European country stopped buying Colombian coal in 2016 on human rights concerns. “Six years ago Ireland had replaced Colombian coal with Russian coal … but at the beginning of the war they came knocking at our doors again,” Mesa said. The demand for coal is so high that mining companies like Drummond, one […]

Microbes may be capable of causing damage to massive nuclear facility

2022-06-14 The proposed storage facility is called a “deep geological repository” (DGR) and would sit 500 to 800 meters underground in one of two Ontario sites. Every room storing nuclear waste will be packed and sealed with bentonite clay, as it helps dissipate heat and reduces water movement when packed tightly. But the clay is […]

Eramet plans more lithium plants in South America

2022-05-31 The project is expected to produce 24,000 tonnes of Lithium Carbonate Equivalent (LCE) by the second half of 2025 and run at full capacity from 2026 onwards. Eramet is also keen to explore opportunities in Chile or Bolivia to deploy its brine extraction technology as an environmentally sustainable route for lithium production. Argentina sits […]

Resources in your old laptop could make cash for “urban miners”

2022-05-30 The volumes of electronic waste in the world are staggering, amounting to many millions of tons. So what do you with your old laptop or cellphone when you’re done with it? Do you put it in a box in the attic or maybe in the trash? There’s still value in the hardware if you […]

How crypto mining could impact Texas’ power grid

2022-05-30 AUSTIN (KXAN) — Cryptocurrency mining is expected to grow significantly in Texas over the next five years, which could have a big impact on our electric grid. According to estimates from ERCOT, miners could use about five gigawatts of energy by 2023. “It’s growing from close to zero just a few years ago,” Carey […]

3 Discounted Gold Stocks To Buy Now

2022-05-30 The TSX is down about 8.2% right now, which is less than the S&P 500 and NASDAQ, but it’s still quite a dip. Inflation is at an all-time high, and combined with a probability of a recession, it’s pointing towards a good investment opportunity: buying gold stocks. Right now, most gold stocks are heavily […]

Nvidia Says ‘Nominal’ Crypto Mining Chip Sales Behind 52% Decline In OEM Revenue

2022-05-26 Chip manufacturer NVIDIA Corporation NVDA attributed its 52% decline in “OEM and Other” market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales. What Happened: In an SEC filing on Wednesday, Nvidia reported $158 million in OEM and Other revenue for the first quarter. Nvidia said the year-on-year decrease was due to the […]

Lithium technology competition heats up as companies seize on new opportunities

2022-05-25 Johnson Matthey LFP batteries. (Credit: Johnson Matthey). Lithium technology companies are jostling for a foot in the door of the rapidly accelerating North American integrated battery metals supply chain, whether becoming a battery precursor material manufacturer or a potentially disruptive lithium direct extraction tech provider. Vancouver-based Nano One Materials Corp (TSX: NANO; US-OTC: NNOMF) […]

Chile’s top court puts Dominga mining project decision on Boric admin

2022-05-18 In its ruling, the Third Chamber of the Supreme Court said that it was turning down the appeals because it “determined that there is no final judgment that can be reviewed by this court,” adding that the final decision on the environmental evaluation is “pending a resolution from the administrative authority.” That authority is […]

a Miner Explained How He Scaled

2022-05-01 Vic Laranja started mining crypto after being in lockdowns for over a year. He began by using his work PC and would run it overnight when he wasn’t using it. He eventually built a separate GPU mining rig that would mine ethereum and reward him in BTC. About a year into lockdowns, Vic Laranja […]

Like the Idea of Asteroid Mining? Be Careful What You Wish For

2022-04-29 02:05:00 Raise your hand if you remember the day you first heard about asteroid “16 Psyche.” In 2020, newspaper headlines around the world exploded with the news that NASA had discovered a “failed planet” in the asteroid belt between Mars and Jupiter. This rock tried to evolve into the metallic core of a planet, […]

Miners continue to expand use of battery-powered vehicles underground

2022-04-22 As miners strive to reduce greenhouse gas emissions, many, particularly those with underground mines, are beginning to invest in battery-powered and electric-powered mining fleets. As of March 2022, GlobalData was tracking 157 electric loaders (LHDs) and 45 electric trucks operating in underground mines across the globe, with the largest combined population of electric LHDs […]

EVs require mined minerals. What if Indigenous people say no to more mining?

2022-04-19 At the peak of the summer, my nation, the Nlaka’pamux, one of the Indigenous Peoples of south-central British Columbia, used to know when the salmon had returned to local rivers by the annual blooming of the waxz’ethlap, or wild mock-orange shrub. This flower’s annual bloom along the shores of the Thompson River used to […]

South African mining experts acquire underground drone maker Inkonova

2022-04-13 Inkonova, a Stockholm-based underground drone mapping specialist, has been acquired by mining consultancy firm RAMJACK. While the terms of the acquisition have not been disclosed by the companies, Japan’s Terra Drone Corporation had also announced in 2018 that it had picked up a “significant stake” in Inkonova. The Swedish company came onto the scene […]

Altus Strategies PLC granted mining licence for Agdz copper-silver project in Morocco

2022-04-12 Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) said it has been issued with a 10-year mining licence for the Agdz copper and silver project in Morocco. Agdz is located 14 kilometres southwest of the Bou Skour copper-silver mine in the eastern Anti-Atlas. Altus’s Moroccan portfolio is held by its 100%-owned subsidiary Aterian Resources Ltd, which is […]

Ranked: World’s top 10 copper mining projects – 2022

2022-04-06 Drillers at the KSM copper-gold project in British Columbia. Credit: Seabridge Gold Copper, often called the bellwether metal as a barometer of global economic health, is a metal vital to the green energy transition. Demand has been growing for the red metal, and energy and metals researcher Wood Mackenzie expects end-use copper demand from […]

Rickford has some strong words for environmental groups: There’s no green economy without mining

2022-04-05 11:00:00 Northern Development minister challenges environmental groups to ‘get on board’ with Ontario mineral strategy, calling it the ‘single biggest environmental policy any jurisdiction has ever advanced the world over’ Northern Development minister Greg Rickford said environmental groups that continue to target Northern Ontario’s mining industry are missing the boat if they do not […]

Hemlo Explorers stock jumps 53% as Barrick weighs Ontario project earn-in

2022-04-04 Subject to a successful earn-in, the two companies will form a joint venture corporation owned 80% by Barrick and 20% by Hemlo Explorers. If any party’s interest in the JV declines below 10%, it will convert to a 1% net smelter return royalty. Both companies said they will work to complete the due diligence […]

Mining industry returns to Murdochville, decades after abandoning the small town

2022-03-31 01:00:00 Remnants of the former copper mine are still visible in Murdochville, Que., now home to some 700 people. (Radio-Canada – image credit) Twenty-three years after the copper mine in Murdochville, Que., closed down and left the community without its main source of income, a new company is looking to revive the industry whose […]

Mining’s latest pivot means adjusting to a higher-cost world

2022-03-31 12:41:23 Mining was one of few industries that saw relatively little disruption at the start of the global Covid-19 pandemic in March 2020. And although miners endured commodity price volatility, they enjoyed low or stable costs in the early part of the pandemic (remember the first-time-ever negative oil price of April 2020, when West […]

3 Best Mining Stocks Right Now

2022-04-01 If you’re no stranger to stock news, you know the markets have experienced a rocky start in 2022. Dipping shares, rampant inflation, interest rate hikes and year-to-date shifts in the most prevalent stock market indexes. Depositphotos.com contributor/Depositphotos.com – MarketBeat However, certain stocks have been rocket-shipping into oblivion, such as agriculture stocks and oil stocks. […]

Is AMC’s $28M Stake in Gold Mining Company a Smart Move?

2022-03-24 AMC Entertainment (NYSE: AMC) made headlines on March 15 when it announced it had bought a 22% stake in a gold mine company, Hycroft Mining (NASDAQ: HYMC). In this clip from “The M&A Show” on Motley Fool Live, recorded on March 18, Fool.com contributors Jason Hall and Travis Hoium try to figure out why […]

Mining industry joins opposition to Brazil indigenous land bill

2022-03-22 Companies are joining environmental groups and members of the public in opposing the fast-tracked bill, which is expected to be put to a vote in congress next month. It follows criticism of a government decree to support artisanal miners, known as garimpos, whose operations often lack permits and imperil rainforests. Taking the side of indigenous […]

Canadian Mining Company Nixes California Gold Exploration Near Death Valley National Park That Threatened Rare Daisy, Center for Biological Diversity Reports

March 20, 2022 – LOS ANGELES— A Canadian mining company has announced it’s suspending a proposal to expand gold mining exploration and road building on California’s Conglomerate Mesa after the U.S. Bureau of Land Management required an environmental impact statement for the project. K2 Gold’s planned mining project in a rugged, roadless area near Death […]

Bitcoin could be laid low by miners’ malady

2022-02-22 05:27:54 Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices. The cryptocurrency’s spectacular rally in 2021 drew thousands of entrants into mining, or producing new coin. As a result the hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months […]

Top 10 Bitcoin mining software options for 2022

2022-02-18 05:12:00 (Pocket-lint) – As the price of the world’s first cryptocurrency Bitcoin hits its historic heights, global competition between miners becomes stronger and more intense. But despite this, any person can still join the mining business, which seems like one of the most profitable ways to make passive income within a pretty short term. […]

Mining pushing towards zero-carbon future, long-term value and sustainable growth

2022-02-17 15:00:00 The mining industry is in an exceptional position to make a bold pivot to a sustainable future, and environmental, social and governance goals represent the most significant opportunity for the mining industry to create long-term value, trust and sustainable growth, says assurance and advisory multinational PwC South Africa energy strategy and infrastructure director […]

Matador Mining Ltd’s new data doubles gold target at Window Glass Hill Granite to six kilometres of strike

2022-02-15 17:13:08 Less than 15% of the six-kilometre strike length of the WGHG has been drill tested near-surface, with most drilling to date limited to less than 120 vertical metres below surface, leaving significant discovery potential at depth. Matador Mining Ltd (ASX:MZZ, OTCQX:MZZMF)’s interpretation of detailed magnetics, lithogeochemistry and historic data has doubled the known […]

Gold price to tackle $2,100 by year-end, says Wells Fargo

According to Wells Fargo, gold could go from being one of the worst assets of the past year to one of the best in 2022 as some of its biggest headwinds dissipate. Gold is poised to rally to new all-time highs after ending the year down 3.6%, its worst drop since 2015, Wells Fargo said […]

There seems to be a whale buying gold bars under $1,800

Spot gold is hovering around $1,800 an ounce again, as it has been since mid-2020. The stiffness at this level, particularly as fundamentals turned bearish, suggests there is a big buyer somewhere in these waters. Since breaking out of the round number in July 2020, gold prices have fallen below it 19 times at the […]

Sassy Identifies New Regional Gold Trend In Gander Gold Belt

VANCOUVER, BC / ACCESSWIRE / January 27, 2022 / Sassy Resources Corporation (“Sassy” or the “Company”) (CSE:SASY) (FSE:4E7) (OTCQB:SSYRF) is pleased to announce that in addition to the highly prospective Viking target (Dec. 8, 2021 news release) covering approximately 20 sq. km on the western edge of the 490 sq. km Gander North Project, initial soil geochemistry results […]

Palladium surges as tensions in Russia spark investor rush to the metal

Palladium surged to its highest level in four months, with traders scrambling for supplies amid rising tensions over Ukraine as leading metals producer Russia massed troops near the border. The metal, which is primarily used in catalytic converters, rose as much as 8.3% on Wednesday. Extension of this year’s rally to almost 25%. Tensions between […]

World’s Top Gold ETF Sees Holdings Surge in Bullish Demand Sign

The best gold ETF in the world sees its holdings increase in bullish demand SignGold has just received a very bullish signal from investors who are returning massively to the precious metal.  SPDR Gold Shares, the largest bullion-backed exchange-traded fund, posted its largest net dollar inflow since its listing in 2004 on Friday at $1.63 […]

Metals Rally Heats Up as Nickel Hits $24,000 on Supply Snarls

Base metals rose, with nickel hitting $24,000 a ton for the first time in more than a decade, and tin set a new record for supply growth and monetary easing in China . Metal supplies are dwindling as the world recovers from the pandemic. All major contracts on the London Metal Exchange are forward, a […]

Norton Anti-Virus is Becoming a Crypto Mining Botnet

In the before-times – the heady days of 2017 when the prices of both Bitcoin and Ethereum skyrocketed and seemed immune to gravity – several well-known companies boosted their value by claiming to build new products on the blockchain or to create a solid trustworthy crypto-coin. The trend has continued through the pandemic. We often […]

Bullish investors add $90bn to top 50 biggest mining companies

2022-01-11 14:23:33 Antamina mine, Peru. Image from Glencore. The MINING.COM Top 50* most valuable mining companies pared much of the losses suffered in the third quarter, adding a combined $86.3 billion in market capitalization over the final three months of 2021, as investors in the sector position for what should be another strong year for […]

Sassy Outlines Large New Target Area in Heart of Central Newfoundland Gold Belt

VANCOUVER, BC / ACCESSWIRE / January 14, 2022 / Sassy Resources Corporation (“Sassy” or the “Company”) (CSE:SASY)(FSE:4E7)(OTCQB:SSYRF) is pleased to announce the discovery of multi-kilometer-long gold and copper-in-soil anomalies associated with a significant fold structure located in the southwest section of the 949 sq. km Mt. Peyton Project. The newly-named “Golden Horseshoe” target has never been previously drilled or systematically […]

Saudi Arabia targets $170 billion in mining investment by 2030

Saudi Arabia wants to attract $170 billion in investment in its mining sector by the end of the decade, tapping into growing global demand for metals crucial for the energy transition. “That’s a lot of money,” Saudi Mines Minister Bandar Alkhorayef said in an interview with Bloomberg Television in Riyadh. Minerals are “becoming increasingly essential […]

Marvel’s Chief Executive Officer, Issues Corporate Update Letter

January 11, 2022. Vancouver, B.C. – Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T1), (MARVF: OTCQB); (the “Company”) is pleased to announce a corporate update letter to shareholders in an address from its Chief Executive Officer, Karim Rayani. Dear Shareholders, Marvel Discovery has had a very successful 2021 and is readying itself for a very busy […]

Chile lawmakers ask courts to stop bidding on lithium mining contracts

2022-01-04 15:03:28 By Natalia A. Ramos Miranda SANTIAGO, Jan 4 (Reuters) – Chilean lawmakers went to court on Tuesday to stop the outgoing government from taking bids for lithium mining contracts, with SQM and Albemarle , the world’s two largest producers of the ultra-light battery metal, in the running. Lawmakers from the center-left opposition party […]

Mundoro to explore Arizona with Vale

2022-01-04 02:31:45 “We have out what I think is a stellar portfolio of copper projects in the Tethyan belt which have the potential for more porphyry-style mineralisation and that is what people have come to know us for. As we’ve built-out relationships with the seniors, we’ve been very keen for quite some time to expand […]

Sibanthracite improves WWF rating of mining companies

2021-12-31 02:34:59 In 2021, Sibanthracite moved up from 33rd to 17th place in the World Wildlife Fund (WWF)-Russia ranking of environmental information transparency of mining and metallurgical enterprises. At the same time, Sibanthracite took the third place among the coal mining companies participating in the rating. The final grade of Sibanthracite was 1.144 points – […]

Romans exploited silver deposits in Portugal, Spain to make coins

2021-12-29 13:15:31 Silver became widely used for coinage in the Roman world from the 7th century BCE onward and provided a standardized monetary system for ancient Mediterranean civilizations. The problem is that it is difficult to determine which deposits Roman miners exploited because most of them have been depleted. However, the ones that still stand […]

Should You Invest in Gold in 2022?

Gold has historically been a good investment choice because, unlike currencies or other investments like stocks, it never devalues. And with upcoming price hikes for gas and food expected to raise prices on other commodities as well, $1,000 invested in an ounce of gold could earn $150-$400 more than $1,000 invested in stocks by 2024. […]

Tesla seeks first US battery graphite with Syrah supply deal

2021-12-22 23:57:24 The deal with Tesla would help underpin a final investment decision on the production plant expected next month and help secure local supply, Syrah’s Managing Director Shaun Verner said by telephone. China produces almost all of the graphite used in producing materials for anodes, demand for which is forecast to increase fivefold by […]

Falco raises $13 million for Horne 5 engineering, studies

2021-12-16 14:16:58 Falco raised the final $5 million by issuing 12.5 million units at a price of $0.40 per unit to Investissement Quebec. Each unit includes one common share of the company and one-half of a share purchase warrant. Warrants may be exercised to acquire common shares at a price of $0.55 each until July […]

Mining giant concedes emissions ‘blowout’ at Queensland coalmine | Australia news

2021-12-15 13:32:00 Mining giant Anglo American has admitted to a “large blowout” in greenhouse gas emissions at a coalmine complex in central Queensland that is expected to cost it about $10m in carbon offsets. Documents released under freedom-of-information laws show the multinational company conceded it had breached emissions limits ​​by at least 841,000 tonnes of […]

Nickel Mining Is Killing The Rainforest In The Philippines

2021-12-10 13:28:00 The demand for battery metals as the auto industry switches to electric cars is forcing us to trade the problem of carbon emissions for destructive mining. Whether it’s lithium in Chile, cobalt in the Democratic Republic of the Congo, or manganese from nodules in the Pacific, metals mining is taking off without enough […]

Mining companies express worry over Ecuador court ruling

2021-12-08 17:04:19 The court said the project, being developed by state-owned mining company Empresa Nacional Minera and Canadian partner Cornerstone, violated the rights of nearby communities to a prior consultation and of the forest to protection. The Ecuador Mining Chamber, however, said the court had overreached its remit. “In this decision the court ignored the rights given by the […]

Premier Gold Project receives Mines Act permit approval

2021-12-07 06:01:00 A gold mining venture in northwestern B.C.’s “Golden Triangle” is moving ahead after receiving a Mines Act permit. The Ascot Resources Ltd. project is expected to create jobs for as many as 140 people during construction and approximately 280 people during operations. “This project will be a welcome source of employment for hundreds […]

Queensland thinks local for mining leases

2021-12-05 17:31:57 The Queensland Government will focus on the Central Highlands Gemfields as it reforms its state-wide administrative systems for small-scale mining. A $200,000 investment will boost a joint planning study between the State Government and the Central Highlands Regional Council, underpinned by consultation and a state-wide freeze on mining claims. Resources Minister Scott Stewart […]

Mining the Northwest: Thunder Bay platinum-palladium mine project has ‘tremendous upside’

2021-12-03 16:24:00 Clean Air Metals expresses confidence that future mine at Thunder Bay North could have Norilsk-like potential The proponents of a potentially large platinum and palladium mine near Thunder Bay believe they’ve only scratched the surface of its vast metal potential. This week, Clean Air Metals released a preliminary economic assessment (PEA) of its […]

Hut 8 Mining Provides Production Update for November 2021

2021-12-02 05:30:00 TORONTO, Dec. 2, 2021 /PRNewswire/ – Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (“Hut 8” or “the Company”), one of North America’s largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to provide the following corporate update.  All dollar figures are in Canadian Dollars unless otherwise stated. […]

Wits Mining Institute to start up two new research centres

2021-11-25 04:24:37 Posted by Daniel Gleeson on 25th November 2021 The Wits Mining Institute (WMI) at the University of the Witwatersrand (Wits) says it will boost its contribution to the future of mining by hosting two of the new research centres established through the South African Mining Extraction Research, Development and Innovation (SAMERDI) strategy. The […]

Drills tap high grades beyond Arctic Mine

2021-11-24 15:22:02 Tap wide zone of strong mineralization NE of planned open pit North of 60 Mining News – November 24, 2021 Trilogy Metals Inc. Nov. 22 reported that assay results from two holes drilled this year at the Upper Kobuk Mineral Projects in Northwest Alaska tapped high-grade mineralization beyond the current pit at the […]

Should mining companies pay back JobKeeper cash amid WA’s latest boom?

2021-11-23 15:06:18 The Association of Mining and Exploration Companies (AMEC) says mining companies that received JobKeeper payments from the federal government should not feel pressured into paying the money back. Key points: When announcing JobKeeper, the Federal Government said most companies would need to show a 30 per cent fall in turnover Once employers qualified — […]

Cryptocurrency mining in Kazakhstan is leading to power shortages

2021-11-28 14:12:56 Cryptocurrency mining consumes a massive amount of energy, and that’s prompting a crisis in Kazakhstan. The Financial Times reports the country’s electrical grid operator KEGOC said it would start rationing electricity for 50 registered miners after their demand reportedly invoked an emergency shutdown mode at three power plants in October. They’ll also be […]

The changing landscape of industrial mining

2021-11-23 04:01:00 From the diamonds in Nunavut to the gold in British Columbia to the iron ores in Labrador, Canada has a multitude of resources spanning from coast to coast to coast. Producing over 30 different minerals and metals, it is no surprise that Canada plays a substantial role in the global mining industry. As […]

Santacruz Silver Mining (CVE:SCZ) pops 23% this week, taking three-year gains to 311%

2021-11-22 04:19:29 We think that it’s fair to say that the possibility of finding fantastic multi-year winners is what motivates many investors. You won’t get it right every time, but when you do, the returns can be truly splendid. Take, for example, the Santacruz Silver Mining Ltd. (CVE:SCZ) share price, which skyrocketed 311% over three […]

New mining permits in Grassy Narrows show Ontario heading backward on reconciliation

2021-11-16 15:25:37 Ontario is heading backward on the path to reconciliation with the granting of eight new mining permits in the traditional territory of Grassy Narrows without even consulting the nation or notifying the community. The move flies in the face of a precedent-setting ruling by the British Columbia Supreme Court in June to uphold […]

West Mining completes Phase 1 exploration at Kena Property

2021-11-18 03:41:44 West Mining Corp. has announced the completion of the 2021 Phase 1 mapping, rock sampling, and prospecting programme at its 100% owned Kena gold-copper Property in southeastern British Columbia. The 9000 ha. Kena project, consists of the Kena, Daylight and Athabasca properties, which trend along a 20 km long favourable mineralised belt. The […]

CORE Innovation Hub opens for mining award nominations

2021-11-15 03:14:48 The world is experiencing a new generation of technological development across the mining and energy sectors. With a significant amount of change, in aid of urgent climate action, Australia is home to some of the biggest players in the mining industry that are also adopting renewable energy assets. Without the knowledge of the […]

Technology, alternate energy sources part of mining company’s net-zero plan

2021-11-13 12:00:00 With a goal of having a net-zero carbon footprint by 2050, Kirkland Lake Gold is actively looking at alternative sources of energy and taking advantage of technology, says president and CEO Tony Makuch. This week, Makuch talked at the Timmins Chamber’s State of Mining lunch, which was held in person for the first […]

China coal’s last hurrah comes too late for old mining towns

2021-11-11 01:24:00 PINGDINGSHAN, China, Nov 11 (Reuters) – On the edges of an old and depleted mine on the rugged outskirts of Pingdingshan in central China’s Henan province, workers sift through dunes of low-grade coal, looking to extract every last calorie of energy from the city’s crumbling seams. But despite an unexpected energy crunch that […]

Blue Sky Uranium developing uranium play in Rio Negro

2021-11-12 01:12:22 Following a decade long bear market, the price of uranium has soared in recent months, reigniting the search for large-sale, competitively priced yellow cake projects around the world. In Argentina, Blue Sky Uranium Corp  (TSX-V BSK) has spent the last 15 years prospecting and developing a brand new uranium play in the southern […]

Alberta Rockies coal mining panel granted 6-week extension to deliver its report

2021-11-10 13:19:06 A panel gathering public input on coal mining in the Alberta Rockies has been given another six weeks to hand in its report. “Due to the extraordinary volume, breadth and depth of the input provided by Albertans, the coal policy committee requested an extension to the deadline for both their engagement and final […]

Mining licence granted for Kodal Minerals’ Bougouni lithium project

2021-11-08 02:02:13 Kodal Minerals has been granted a Mining Licence for its flagship Bougouni Lithium Project in Mali. The Project is now fully permitted for development with the previous approval of the Environmental and Social Impact Assessment (ESIA) in November 2019. Bernard Aylward, CEO of Kodal Minerals, commented: “The granting of the Mining Licence for […]

Sustainably Mining Rare Earth Elements From Fertilizer Byproduct

2021-11-06 21:06:57 Penn State engineers received a National Science Foundation grant to recover rare earth elements from phosphogypsum, a fertilizer byproduct stored indefinitely in open dumps and pumped into designated lakes, shown here. Despite their name, rare earth elements are not actually that rare. The 17 metallic elements are ubiquitous in nature and are becoming […]

Multi-stakeholder collaboration: Leveraging lessons learned from COVID-19

2021-11-05 12:33:41 There is no question that Covid-19 has changed the social context and day-to-day reality for people across world, including people who are impacted by mining activity. We have all been directly affected by the virus itself, and by the resulting lockdowns and physical distancing that have contributed to food insecurity, poor mental health […]

FALCON RECEIVES HIGH GRADE GOLD RESULTS FROM SAMPLING – BACKPACK DRILL PROGRAM, SPITFIRE-SUNNY BOY – MERRITT B.C. – CEOdigest

Vancouver, B.C., November 3, 2021. FALCON GOLD CORP. (FG: TSX-V), (3FA: GR), (FGLDF: OTCQB); (“Falcon” or the “Company”) is pleased to announce the results of the 2021 prospecting and backpack drilling program at the Spitfire-Sunny Boy Gold Project (the “Property”). Highlights include: Grab samples on the Master Vein ranging from 1.09 g/t Au to 168 […]

Bens Creek Operations and Mega Highwall mining enter contract mining services agreement

2021-11-03 02:04:42 Bens Creek Group Plc, the owner of a metallurgical coal mine in North America, has announced that its wholly owned subsidiary, Ben’s Creek Operations LLC (BCO), and Mega Highwall Mining LLC (MHW) have entered into a contract mining services agreement (the contract). MHW will be responsible for the production of BCO’s metallurgical coal […]

Top 10 largest copper mining companies in Q2 2021 – report

2021-10-29 11:21:00 Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Codelco was the largest copper mining company in the world in Q2 2021 (based on attributable copper tonnes). […]

Marvel Discovery to Initiate Geophysical Studies at Wicheeda North REE’S – Niobium – Space Metals, Prince George B.C. – CEOdigest

VANCOUVER, BC / ACCESSWIRE / October 28, 2021 / Marvel Discovery Corp. (TSXV:MARV) (Frankfurt:O4T1) (OTCQB:MARVF); (the “Company“) reported on April 20, 2021 it had expanded its footprint in the Rocky Mountain Rare-Earth Metals Belt. The Company entered into an agreement to purchase two claim groups, located approximately 85km NE of Prince George, B.C. The Wicheeda […]

Mining firms seek ‘stability’ for sector in new Chilean constitution

2021-10-25 23:49:00 SANTIAGO – Mining companies operating in Chile will deliver a proposal document to the elected assembly drafting a new constitution for the world’s largest copper producer, an industry association said on Monday, seeking stability for the sector. The National Mining Society (Sonami) said the proposal document is the result of work carried out […]

Caterpillar gears up for green energy transition, automation age

2021-10-25 13:20:20 No gathering of this size is complete without buzzwords, and anyone playing a drinking game where players had to take a shot anytime the word “sustainability” was uttered in the exhibition halls and meeting rooms, would have left Minexpo with a massive hangover, even by Las Vegas standards. Investor pressure  At Minexpo 2021, MINING.COM […]

Saudi Arabian mining giant Ma’aden reports 19,549% net profit growth in third quarter

2021-10-25 11:43:00 Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Today, the Saudi Arabian Mining Company (Ma’aden) announced that in Q3 2021, its net profit was 1,271,851,410 Saudi […]

FTSE 100 ends higher on oil, mining boost; HSBC hits 4-month high

2021-10-25 10:53:00 A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus outbreak could stall the global economy, in London, Britain, March 9, 2020. REUTERS/Toby Melville HSBC reports better-than-expected results Darktrace slumps on brokerage initiating ‘sell’ […]

What Impact has COVID-19 had on the Mining Sector?

2021-10-21 06:36:00 Mining is undergoing something of a radical technological shift, the likes of which have never rocked the typically conservative industry before. Widespread trends such as the adoption of automation technology, electrification, and digitalization have also been sped up by the onset of COVID-19. Image Credit: Magnifical Productions/Shutterstock.com COVID-19 has predominantly impacted supply chains and […]

Rio Tinto says 60 Jadar mines needed to fill lithium gap

2021-10-21 06:44:18 In a presentation to investors, Rio Tinto head of economics Vivek Tulpule said EVs sales are on track to hit up to 55% of the world’s total light vehicles sales as early as 2030, reaching about 65 million units.  This means manufacturers would need about three-million tonnes of lithium, compared with the roughly 350,000 tonnes they consume today, Tulpule noted.  Existing operations and projects combined, however, are slated […]

North Vancouver to be the world’s first city to use bitcoin mining for heating

2021-10-18 15:03:00 The City of North Vancouver is set to become the first city in the world to use bitcoin mining for building heating needs, specifically for the district energy utility. According to a release, the city-owned Lonsdale Energy Corporation (LEC) has reached a deal with MintGreen, a Burnaby-based clean-tech crypto mining company, to use […]

El Salvador explores bitcoin mining powered by volcanoes

2021-10-15 15:49:22 BERLIN, El Salvador (AP) — At a geothermal power plant near El Salvador’s Tecapa volcano, 300 computers whir inside a trailer as they make complex mathematical calculations day and night verifying transactions for the cryptocurrency bitcoin. BERLIN, El Salvador (AP) — At a geothermal power plant near El Salvador’s Tecapa volcano, 300 computers […]

US Now Claims Bitcoin Mining Crown

2021-10-13 15:08:41 For the United States, a dubious crown to claim. China, of course, has banned pretty much everything related to crypto — including mining — which gives the United States top berth with that part of bitcoin production. The U.K.’s Cambridge Centre for Alternative Finance said on Wednesday (Oct. 13) that China has a zero […]

Hitachi to leverage Baraja Spectrum-Scan LiDAR tech on autonomous mining vehicles

2021-10-12 14:01:52 Posted by Daniel Gleeson on 12th October 2021 Baraja, the creator of Spectrum-Scan™ LiDAR technology for autonomous vehicles, has announced its first volume commercial deal for long-range LiDAR with Hitachi Construction Machinery. The multi-year commercial partnership will give some of the largest mines and mining operators global access to high-performance LiDAR systems capable […]