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…
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…
The approval of the Maxwell coal mine in New South Wales, Australia, has sparked debates about the delicate balance between energy needs, economic development, and environmental conservation. The decision highlights the ongoing global challenge of reconciling the demand for fossil fuels with the imperative to address climate change and transition to renewable energy sources. The…
The closure of the last zinc smelter in Europe has added to the conundrum of how to meet the rising global demand for zinc. The closure of the French smelter in Salindres in December 2019 has left Europe without an integrated zinc smelter and has put pressure on the global zinc market. Zinc is an…
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…
The Biden Administration is advancing its environmental objectives by pledging that the United States will not construct any new coal plants and will gradually eliminate existing ones. U.S. Special Envoy for Climate John Kerry made this announcement at the annual United Nations climate summit, COP28, held in Dubai, though no specific timeline was provided for…
Great Panther Mining Limited, a Canadian-based gold and silver mining company, has recently been recognized by the Women in Mining (WIM) Canada organization for its commitment to gender diversity in executive roles. The company received the organization’s 2020 Top Company Award, which is presented annually to a company that has demonstrated a commitment to gender…
BHP Group announced on Thursday a reassessment of the value of its nickel operations following a significant price decline, potentially leading to write-downs amid oversupply in the electric vehicle battery metal market. As the world’s largest listed miner, BHP, which entered into a nickel supply deal with Tesla in 2021, is revisiting its business strategy…
Top 10 Mining Tools and Equipment in the USA (2026 Industry Guide) By 2026, mining in the United States looks very different from what it did just a few years ago. The industry has moved beyond a simple focus on output and tonnage. Today’s mining companies are prioritizing automation, operational efficiency, worker safety, and environmental…
The European Union has been actively working to secure its supply of critical minerals, an effort that has been turbocharged in recent years. Critical minerals are those that are essential to the functioning of modern-day economies and are used in a wide range of industries, from electronics to energy. As such, they are vital to…