In a move that could significantly impact the mining industry, Russia is contemplating a new tax policy that would peg the taxation of mining firms to global metals prices. The proposed measure aims to align tax rates with market conditions, ensuring a fair and stable environment for both the government and mining companies. This decision…
Golden Minerals, a mining company focused on precious metals exploration and development, has announced the release of the initial resource estimate for its Yoquivo silver-gold project located in Chihuahua, Mexico. The company’s preliminary findings indicate promising mineralization potential, highlighting the project’s significant prospects for future development. The Yoquivo project covers an expansive land package of…
The United Nations’ statement at the COP26 (26th UN Climate Change Conference of the Parties) regarding mining has sparked significant attention and debate. The statement, “Enough of mining…we are digging our own graves,” reflects growing concerns about the environmental and social impacts of mining activities. This article will elaborate on the context and implications of…
The mining industry in British Columbia has a long and storied history, one which has been intertwined with the development of the province itself. From the discovery of gold in the Cariboo region in the late 19th century, to the emergence of copper and coal mining in the 20th century, mining has been an integral…
Metallic Minerals Corp. has signed a production royalty agreement with celebrity miner, Dakota Fred Hurt, that will allow Metallic Minerals Corp. to conduct exploration, development and mining operations on Hurt’s gold claims in the Yukon. The exciting development is expected to boost Metallic Minerals’ presence in the Yukon gold rush. Metallic Minerals will now have…
The mining industry is an essential part of the global economy, providing the raw materials needed to produce the goods and services that drive the world. As such, it is no surprise that miners in Europe are now turning to electric vehicles to help reduce their environmental impact and improve their efficiency. In a recent…
Japan is set to subsidize half the costs of lithium and other critical minerals projects, according to a report by Reuters. The Japanese government has reportedly been in talks with the private sector to secure supplies of lithium, cobalt, and other metals used in electric vehicle batteries. The government is said to be offering subsidies…
Sirius Minerals, a London-based mining company, has announced a major deal with a major Asian partner that will help it to develop its flagship project in the North York Moors in the UK. The deal, worth an estimated £2.5 billion, will see Sirius Minerals partner with the Japanese trading house Mitsui & Co Ltd to…
The US debt ceiling is reaching a critical point, according to recent reports, and the Wall Street Journal sees a “copper glow up” in the near future. The debt ceiling, or rather the legal limit Congress has placed on the total debt the US can have at any given time, was set at $22 trillion…
US Rare Earth and its joint venture partner, Australia’s Lynas Corporation, have announced their plans to produce almost half of the critical minerals identified by the United States Geological Survey (USGS) in its recently released list of 35 critical minerals. The two companies plan to build a processing facility in Texas to manufacture a range…
