The global push towards sustainable transportation has driven the increasing adoption of electric vehicles (EVs). With Europe at the forefront of this transition, the demand for lithium, a vital component in EV batteries, has skyrocketed. Portugal, blessed with significant lithium deposits, has emerged as a potential key player in Europe’s EV revolution. This article explores…
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…
BHP (ASX: BHP) has revealed the signing of a partnership agreement with HBIS Group, one of the world’s major steel producers. The collaboration aims to conduct trials on direct reduced iron (DRI) production, utilize BHP iron ores in blends, and advance a separate enhanced lump stage 2 trial focused on reducing carbon emissions from blast…
The Zijin Mining Group is a Chinese multinational mining conglomerate that is one of the world’s largest gold producers. It has been operating in Colombia since 2008 and is the largest foreign investor in the country’s mining sector. In May 2021, the company’s gold mine in Colombia, located in the municipality of Buritica, was the…
Global Lithium, a leading mining company specializing in the extraction of lithium resources, has recently announced significant extensions to its Manna deposit located in Australia. This breakthrough development underscores the company’s dedication to meeting the growing global demand for lithium, a crucial element powering the rapidly expanding electric vehicle (EV) market and renewable energy sector….
South African stocks rose on Friday as demand for safe-haven investments increased amid rising worries about global economic growth. Gold mining companies and other gold-related stocks were the biggest beneficiaries as gold prices gained amid increased risk-off sentiment. Investment holding companies were also among the top gainers, with investors seeking refuge in these companies’ assets,…
The launch of a major new copper mining project in Chile marks a milestone in one of the world’s most important mining sectors. The $3.5 billion El Teniente project, located in the Andes Mountains, is the largest copper mining project to come online in over two decades. The project is being developed by Codelco, the…
Panama and First Quantum Minerals Ltd. are reportedly close to reaching an agreement to save the Canadian mining company’s Cobre Panama copper mine project. The two sides have been in talks for months over the future of the project, which has been stalled for several years due to a dispute over royalty payments and other…
DiamondCorp Plc, a London-based diamond mining company, saw its shares surge today following news that it had secured funding for its Lace mine in South Africa. The news sent the company’s stock up nearly 10 percent in early trading, as investors responded positively to the news. The Lace mine, located in the Free State province…
Copper and nickel prices have been on the rise in recent weeks as European countries scramble to secure enough of the metals to meet their industrial needs. The price of copper has jumped by more than 10% since early April, while nickel has seen an even bigger surge, rising by more than 20%. The price…