In a world obsessed with wealth and the pursuit of shiny objects, a group of intrepid treasure hunters found themselves standing before the ultimate symbol of opulence: a mountain made entirely of gold. It was a discovery that would make Midas green with envy and set off a chain of events that could only be…
The fate of a controversial gold mining project in French Guiana, jointly operated by Russia and Canada, hangs in the balance as Paris deliberates on its environmental and social implications. The Montagne d’Or gold mine, situated in the lush rainforests of French Guiana, has sparked fierce debates over the potential economic benefits versus the ecological…
In a future not too distant, the red planet Mars became the new frontier for humanity’s insatiable thirst for resources. Gone were the days of panning for gold in rivers or drilling for oil in the ocean. The new gold rush was happening on a planetary scale, and it was redder than ever. Enter the…
Aluminum production has come under threat as Australian Prime Minister Scott Morrison announced the nation’s ban on exports of alumina, an ingredient of aluminum. The ban, which came in response to Russia’s involvement in the poisoning of opposition figure Alexei Navalny, is likely to have far reaching implications—particularly on production of the light metal and…
U.S.-listed rare earth stocks jumped on Tuesday after President Donald Trump announced plans to create a strategic reserve for critical minerals. In early trading, Critical Metals climbed more than 10%, USA Rare Earth gained nearly 11%, and MP Materials added around 4%. Energy Fuels rose about 8%, while Idaho Strategic Resources was up over 3%…
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…
In a groundbreaking move set to reshape the global lithium market, Lithium One Metals and Norris Lithium have officially announced their plans to merge, creating a formidable force in the race to meet the soaring demand for lithium, a vital component in renewable energy and electric vehicle (EV) batteries. The merger, which has been in…
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…
In a significant development for the mining industry, the Responsible Copper Mining Framework, which has gained traction in recent years, is being extended to encompass the extraction of nickel, zinc, and molybdenum. This expansion marks a critical step forward in promoting responsible and sustainable practices within the resource extraction sector, addressing environmental, social, and economic…
The race to mine the ocean floor is being reignited as the Metals Company, a Canadian resource exploration and development company, has announced plans to explore for and develop seafloor massive sulfide (SMS) deposits. SMS deposits are formed on the seafloor when hydrothermal fluids, or hot water, rich in metals and minerals, are expelled from…