Lockheed Martin Corporation’s Deep Seabed Licenses: NOAA’s Role in U.S. Seabed Mining and Critical Mineral Access

Deep seabed mining focuses on recovering critical minerals from the ocean floor. These resources—such as manganese, nickel, cobalt, copper, and rare earth elements—are essential for many modern technologies, including defense systems, batteries, smartphones, and medical devices. Because these minerals are used across so many industries, securing steady access to them is increasingly seen as an…

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Rio Tinto and Glencore Resume Merger Talks to Create the World’s Largest Mining Company

Rio Tinto and Glencore have resumed merger discussions that, if successful, would result in the creation of the world’s largest mining company. The renewed talks come nearly a year after earlier negotiations between the two mining giants fell apart due to disagreements over valuation, leadership, and asset structure. If a deal is finalized, the combined…

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Energy Fuels (UUUU) Surges on Strong Uranium Production as Cameco, Centrus Energy, and Uranium Energy React to Rising U.S. Nuclear Demand

Shares of Energy Fuels (UUUU) moved sharply this week after the U.S.-based uranium miner announced it exceeded its previously disclosed 2025 uranium production and sales guidance. The stock jumped during Monday’s session before retreating on Tuesday, as investors reacted to both strong operational results and broader market volatility. Energy Fuels said it expects to sell…

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Coal Mining in 2024: Navigating Economic Pressures, Technological Shifts, and Environmental Challenges

In 2024, the coal mining industry finds itself at a critical juncture, balancing economic pressures, evolving technology, and intensifying environmental concerns. Despite being a key energy source for many nations, coal’s long-term viability is under increasing scrutiny as the world transitions toward cleaner, more sustainable energy solutions. Below is an in-depth look at the key…

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Gold Mining Industry in 2024: Growth, Rising Costs, and Geopolitical Challenges

In 2024, the gold mining industry has experienced a dynamic combination of production growth, rising costs, and geopolitical challenges. The global output of gold saw an approximate 4% increase in the first quarter, setting a new record for mine production. This growth has largely been driven by increased production in Africa and Asia, particularly from…

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Rising Demand for Critical Minerals Drives Sustainable Mining Innovations

The demand for critical minerals such as lithium, cobalt, and rare earth elements is surging, fueled by their crucial roles in clean energy technologies, electric vehicles (EVs), and advanced electronics. This escalating demand has led the mining industry to innovate in both financing and operational practices to ensure sustainable extraction. New financing models are being…

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Ten Most Mined Minerals

The top minerals mined in the world include a variety of resources critical for industrial and technological applications. Here are ten of the most mined minerals, based on various sources: Coal: The most mined mineral in the world, with significant reserves and production in countries like China, Australia, and Russia. Iron: Essential for steel production,…

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Manara Minerals fund in Saudi Arabia is set to establish a metals trading division.

Saudi Arabia’s Manara Minerals investment fund is considering the establishment of a metals trading division to support its ventures in overseas mining companies, according to the fund’s acting CEO, Robert Wilt. Manara Minerals, a joint venture between state-owned miner Ma’aden and the Public Investment Fund (PIF), was created as part of Saudi Arabia’s economic diversification…

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Drill results from Camino Rojo indicate a potentially extended lifespan for the Orla mine.

Orla Mining’s exploration results from near-pit drilling at the Camino Rojo gold mine in Mexico suggest the potential for expanding resources and extending the current 10-year mine life, according to the company’s announcement on Thursday. The successful drill program in the proposed layback area near the open-pit mine indicates the possibility of replenishing some of…

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Canada grants the mineral-rich Arctic region of Nunavut autonomy and control over its resources.

A photo captured by Agnico Eagle showcases the Northern Lights above the Meliadine mine in the Kivalliq district of Nunavut. On Thursday, Canada officially handed control of its vast Arctic territory, Nunavut, over its reserves of gold, diamonds, iron, cobalt, and rare earth metals. This action has the potential to stimulate exploration and development in…

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