A downturn in some of the highly touted energy-transition metals is causing disruptions throughout the mining sector. This has led to project delays, thwarted deals, and a race for funding that is poised to impact the industry for years. Lithium, a crucial metal for electric-vehicle batteries, has experienced an over 80% drop from its late-2022…
Mali, a West African nation with a rich history in gold mining, has been thrust into the spotlight as it grapples with the aftermath of a tragic incident – the collapse of an illegal gold mine. This unfortunate event has not only highlighted the perils associated with clandestine mining activities but has also underscored the…
An active volcano in east java is the well known site for sulphur mining , in local language its known as gunung merapi meaning “mount fire” . the site is the smoky atmosphere that billows around the mine where the sulphur is mined 220 yards deep , the mined sulphur is used in gun powder…
Gold prices rose on Thursday after the US Bureau of Labor Statistics released its latest inflation report. The report showed that consumer prices rose more than expected in January, with the Consumer Price Index (CPI) increasing by 0.4% compared to the previous month. The increase was driven by a jump in energy prices, which rose…
Anglo Asian Mining plc, a gold, copper and silver producer with operations in Azerbaijan, announced that it had returned to profitability in the six months to June 30th 2019. The company reported a pre-tax profit of $1.5 million, compared to a loss of $1.2 million in the same period last year. The company attributed its…
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…
Mosaic Co., one of the world’s largest producers of potash fertilizer, has announced plans to reduce production at its Colonsay potash mine in Saskatchewan, Canada. The move is part of a broader strategy to reduce costs and streamline the company’s operations in the face of a challenging market environment. The Colonsay mine is one of…
Small modular nuclear reactors, such as those developed by Canadian Nuclear Associates (CNA), are an innovative way to generate clean electricity for mining operations. These reactors are designed to be safe, reliable, and cost-effective alternatives to traditional fossil fuel-based power sources. CNA’s reactors are designed to be small, so they can be transported easily and…
Nickel’s electric dreams turn into a pricing nightmare : The electric vehicle (EV) market is booming. With the rise of Tesla and other electric car manufacturers, more and more people are looking to make the switch to electric. But as the market grows, so too do the prices of these cars. This has led to…
Ero Copper Corp. (TSX: ERO) announced a new record in copper and gold production for its first quarter of 2021. The company reported a production of 16,943 tonnes of copper and 18,143 ounces of gold, up from the 15,536 tonnes of copper and 16,766 ounces of gold in the prior quarter. The increase in production…